
Cheap Homes for Rent in Waterford of Algonquin Neighborhood of Algonquin, IL from $1,300 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Waterford of Algonquin area of Algonquin.


1332 Cunat Ct

1345 Cunat Ct

1401 Silverstone Dr

2307 Silverstone Dr
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 | $2,073 | $1,675 | $2,400 |
Waterford of Algonquin 3 Bedroom Homes for Rent | $2,520 | $2,200 | $2,900 |
Waterford of Algonquin 4 Bedroom Homes for Rent | $3,084 | $2,895 | $3,449 |
Waterford of Algonquin 5 Bedroom Homes for Rent | $4,800 | $4,800 | $4,800 |
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
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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 $1,635. 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 A Renovated | 2BR,1BA | $1,635 |
Riverwalk on Main | Amber | 1BR,1BA | $1,995 |
Best Value Apartments for Rent in Waterford of Algonquin, IL
As of July 31, 2025 the best value apartment in the Waterford of Algonquin area is the $2.07 price per square foot Ballard Model at Riverwalk on Main in the in the Park Place neighborhood starting from $2,350. The second greatest value Waterford of Algonquin apartment is the 2 Bed 1 Bath A Renovated Model at Eden Prairie Apartments starting at $1,635 with a $1.95 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 | $2.07 |
Eden Prairie Apartments | 2 Bed 1 Bath A Renovated | 2BR,1BA | $1.95 |
200 S Lincoln | 1BD/1BA | 1BR,1BA | $2.15 |
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Frequently Asked Questions about Waterford of Algonquin
What type of rentals are currently available in Waterford of Algonquin?
There are currently 22 Apartments for Rent in Waterford of Algonquin, IL with pricing that ranges from $1,185 to $3,500. There are also 27 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterford of Algonquin ranging from $1,375 to $4,800.
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 $1,375 to $4,800 with an average monthly rent of $2,852.
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 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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.