2313 Silverstone Dr
CarpentersvilleIL60110
Cheap Homes for Rent in Waterford of Algonquin Neighborhood of Algonquin, IL from $1,500 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Waterford of Algonquin area of Algonquin.
1517 Silverstone Dr
CarpentersvilleIL60110
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
18 Madison St
AlgonquinIL60102
1380 Cunat Ct
Lake In The HillsIL60156
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
1104 Isabel Ave
AlgonquinIL60102
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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 | $1,923 | $1,795 | $2,250 |
| Waterford of Algonquin 3 Bedroom Homes for Rent | $2,551 | $2,000 | $3,000 |
| Waterford of Algonquin 4 Bedroom Homes for Rent | $3,500 | $3,500 | $3,500 |
| Waterford of Algonquin 5 Bedroom Homes for Rent | $5,400 | $5,400 | $5,400 |
Browse Homes for Rent in this Neighborhood
There are currently 5 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
- Nearby Algonquin neighborhoods
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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 Meadowdale Apartments priced from $1,235. 200 S Lincoln has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,400. Here are the most affordable Waterford of Algonquin apartments for rent in Algonquin, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Meadowdale Apartments | 1 Bedroom - 1 Bath 667 sq ft | 1BR,1BA | $1,235 |
| 200 S Lincoln | 1BD/1BA | 1BR,1BA | $1,400 |
| Eden Prairie Apartments | 2 Bed 1 Bath A Level 2 | 2BR,1BA | $1,500 |
Best Value Apartments for Rent in Waterford of Algonquin, IL
As of June 17, 2026 the best value apartment in the Waterford of Algonquin area is the $2.25 price per square foot Ballard Model at Riverwalk on Main in the in the Park Place neighborhood starting from $2,550. The second greatest value Waterford of Algonquin apartment is the 2 Bed 1 Bath A Renovated Level 3 Model at Eden Prairie Apartments starting at $1,670 with a $1.99 price per square foot in the Waterford of Algonquin 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. |
|---|---|---|---|
| Riverwalk on Main | Ballard | 2BR,2BA | $2.25 |
| Eden Prairie Apartments | 2 Bed 1 Bath A Renovated Level 3 | 2BR,1BA | $1.99 |
| 150 S Lincoln Ave, Unit 103 | 150 S Lincoln Ave | 2BR,1BA | $2.00 |
| Meadowdale Apartments | 1 Bedroom - 1 Bath 667 sq ft | 1BR,1BA | $1.85 |
| 200 S Lincoln | 1BD/1BA | 1BR,1BA | $2.15 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read Article
Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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Best Local Schools in Waterford Of Algonquin, Algonquin, IL
Algonquin Lakes Elementary School
Community Unit School District 300
Public School - Grades K-5 (389)
7 out of 10
Dundee-Crown High School
Community Unit School District 300
Public School - Grades 9-12 (2405)
6 out of 10
Algonquin Middle School
Community Unit School District 300
Public School - Grades 6-8 (400)
6 out of 10
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 23 Apartments for Rent in Waterford of Algonquin, IL with pricing that ranges from $1,235 to $17,896. There are also 16 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterford of Algonquin ranging from $1,575 to $5,400.
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 $1,575 to $5,400 with an average monthly rent of $2,989.
Expert Rental Resources
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.
Articles, How-To's, and Tips
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.