
Cheap Homes for Rent in Waterford of Algonquin Neighborhood of Algonquin, IL from $1,400 (10 Rentals)
Search the lowest-cost Homes available for rent right now in the Waterford of Algonquin area of Algonquin.


345 Illinois St

345 Illinois St

1345 Cunat Ct, Unit 3A

1345 Cunat Ct

2008 Limestone Ln

905 Garfield Dr

57 Golfview Ln

1007 Horizon
Waterford of Algonquin, Algonquin, IL Local Guide

How much does it cost to rent a home in Waterford of Algonquin?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Waterford of Algonquin 2 Bedroom Homes for Rent | $1,973 | $1,745 | $2,500 |
Waterford of Algonquin 3 Bedroom Homes for Rent | $2,343 | $1,935 | $2,885 |
Waterford of Algonquin 4 Bedroom Homes for Rent | $3,072 | $2,500 | $4,600 |
Browse Homes for Rent in this Neighborhood
There are currently 10 rentals with your search options within a 3 mile radius of the Waterford of Algonquin Neighborhood of Algonquin, IL.
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Waterford of Algonquin, Algonquin, IL Local Guide
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Cheapest Available Waterford of Algonquin Apartments for Rent
 The cheapest available apartment rental in the Waterford of Algonquin area of Algonquin, IL is a 1 Bed unit found at 200 S Lincoln priced from $1,400. Eden Prairie Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,545. Here are the most affordable Waterford of Algonquin apartments for rent in Algonquin, IL:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
200 S Lincoln | 1BD/1BA | 1BR,1BA | $1,400 |
Eden Prairie Apartments | 2 Bed 1 Bath B | 2BR,1BA | $1,545 |
Riverwalk on Main | Ballard | 2BR,2BA | $2,250 |
Best Value Apartments for Rent in Waterford of Algonquin, IL
As of September 15, 2025 the best value apartment in the Waterford of Algonquin area is the $1.50 price per square foot 18 Madison St Model at 18 Madison St, Unit Upper Unit in the in the Park Place neighborhood starting from $1,800. The second greatest value Waterford of Algonquin apartment is the Ashcroft Model at Riverwalk on Main starting at $2,370 with a $2.18 price per square foot in the Park Place neighborhood. Here is today’s list of the best values for Waterford of Algonquin apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
18 Madison St, Unit Upper Unit | 18 Madison St | 2BR,1BA | $1.50 |
Riverwalk on Main | Ashcroft | 1BR,1.5BA | $2.18 |
Eden Prairie Apartments | 2 Bed 1 Bath B Renovated | 2BR,1BA | $1.85 |
200 S Lincoln | 1BD/1BA | 1BR,1BA | $2.15 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleWaterford Of Algonquin, Algonquin, IL
Ranked #4
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Best Local Schools in Waterford Of Algonquin, Algonquin, IL
Algonquin Lakes Elementary School
Dundee-Crown High School
Algonquin Middle School
School data provided by Great Schools
Frequently Asked Questions about Waterford of Algonquin
What type of rentals are currently available in Waterford of Algonquin?
There are currently 24 Apartments for Rent in Waterford of Algonquin, IL with pricing that ranges from $1,185 to $12,362. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterford of Algonquin ranging from $1,450 to $4,600.
What is the current price range for Rental Homes in Waterford of Algonquin?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Waterford of Algonquin ranges from $1,450 to $4,600 with an average monthly rent of $2,302.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.