Cheap Apartments for Rent in the Willoughby Farms Neighborhood of Algonquin, IL from $700 (13 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Willoughby Farms area of Algonquin.

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Algonquin Square
1 to 2 Bedroom Apartments

Algonquin Square

2380 Esplanade DrAlgonquin, IL 60102
  • Smoke Free
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Westview Crossing
3 Bedroom Apartments

Westview Crossing

1007 Doctor John Burkey DrAlgonquin, IL 60102
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122-140 Main St
Studio Apartments

122-140 Main St

122-140 Main StAlgonquin, IL 60102
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Arrowhead Apartments
1 to 2 Bedroom Apartments

Arrowhead Apartments

25 Arrowhead DrAlgonquin, IL 60102
  • Utilities Included

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.

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The Oaks at Algonquin
Studio to 2 Bedroom Apartments

The Oaks at Algonquin

2595 Harnish DrAlgonquin, IL 60102
Senior Living
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Wood Creek Village
1 to 2 Bedroom Apartments

Wood Creek Village

1 W Acorn LnLake In The Hills, IL 60156
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300 Village Creek Dr
1 to 2 Bedroom Apartments

300 Village Creek Dr

300 Village Creek DrLake In The Hills, IL 60156
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52-60 Elm St
2 Bedroom Apartments

52-60 Elm St

52-60 Elm StCarpentersville, IL 60110

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.

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Fox View I, II
2 to 3 Bedroom Apartments

Fox View I, II

27 Oxford DrCarpentersville, IL 60110
  • Utilities Included

Willoughby Farms, Algonquin, IL Local Guide

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 ListingModel NameBed/BathPriced From
200 S Lincoln1BD/1BA1BR,1BA$1,400
Algonquin Square Apartment HomesThe Gillilan1BR,1BA$1,835
Reserve Randall RoadWestchase1BR,1BA$1,985
Riverwalk on MainBallard2BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Riverwalk on MainBallard2BR,2BA$2.25
Algonquin Square Apartment HomesThe Gillilan1BR,1BA$2.31
Reserve Randall RoadWestchase1BR,1BA$2.53
150 S Lincoln Ave, Unit 103150 S Lincoln Ave2BR,1BA$2.00
200 S Lincoln1BD/1BA1BR,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.

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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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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.

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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

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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.

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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.

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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.

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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.