
Cheap Apartments for Rent in the Willoughby Farms Neighborhood of Algonquin, IL from $700 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in the Willoughby Farms area of Algonquin.


Algonquin Square Apartment Homes

Algonquin Square

Westview Crossing

122-140 Main St

Arrowhead Apartments
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.

The Oaks at Algonquin

Wood Creek Village

300 Village Creek Dr

52-60 Elm St

The Residences of Lake in the Hills Senior 55

Melody Living Lake in the Hills
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.

Fox View I, II
Willoughby Farms, Algonquin, IL Local Guide

How much does it cost to rent an apartment in Willoughby Farms?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Willoughby Farms Studio Apartments | $1,934 | $1,880 | $2,130 |
| Willoughby Farms 1 Bedroom Apartments | $2,034 | $1,400 | $2,931 |
| Willoughby Farms 2 Bedroom Apartments | $2,644 | $1,500 | $4,237 |
| Willoughby Farms 3 Bedroom Apartments | $10,626 | $3,332 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 13 rentals with your search options within a 3 mile radius of the Willoughby Farms Neighborhood of Algonquin, IL.
See all Apartments in AlgonquinExplore Algonquin
Willoughby Farms, Algonquin, IL Local Guide
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Cheapest Available Willoughby Farms Apartments for Rent
 The cheapest available apartment rental in the Willoughby Farms area of Algonquin, IL is a 1 Bed unit found at 200 S Lincoln priced from $1,400. Algonquin Square Apartment Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,835. Here are the most affordable Willoughby Farms apartments for rent in Algonquin, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 200 S Lincoln | 1BD/1BA | 1BR,1BA | $1,400 |
| Algonquin Square Apartment Homes | The Gillilan | 1BR,1BA | $1,835 |
| Reserve Randall Road | Westchase | 1BR,1BA | $1,985 |
| Riverwalk on Main | Ballard | 2BR,2BA | $2,550 |
Best Value Apartments for Rent in Willoughby Farms, IL
As of June 06, 2026 the best value apartment in the Willoughby Farms 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 Willoughby Farms apartment is the The Gillilan Model at Algonquin Square Apartment Homes starting at $1,835 with a $2.31 price per square foot in the Arrowhead neighborhood. Here is today’s list of the best values for Willoughby Farms 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 |
| Algonquin Square Apartment Homes | The Gillilan | 1BR,1BA | $2.31 |
| Reserve Randall Road | Westchase | 1BR,1BA | $2.53 |
| 150 S Lincoln Ave, Unit 103 | 150 S Lincoln Ave | 2BR,1BA | $2.00 |
| 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 ArticleReal 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Best Local Schools in Willoughby Farms, Algonquin, IL
Liberty Elementary School
Harry D Jacobs High School
Westfield Community School
School data provided by Great Schools
Lifestyle Ratings
This website is proud to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, and customized analysis for Central Algonquin. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for the best proximity to parks and outdoor amenities, luxury amenities, kid and pet-friendly communities, availability of transit options, in addition to floorplans, availablity, and pricing. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Willoughby Farms Apartments
How much is rent for a Cheap One Bedroom Willoughby Farms Apartment?
The lowest price for a Cheap One Bedroom Willoughby Farms Apartment is $1,400 at 200 S Lincoln.
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

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.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.