Cheap Apartments for Rent in Carpentersville, IL from $1,100 (29 Rentals)

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Search the lowest-cost Apartments available for rent right now in Carpentersville.

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Spring Grove Apartments
1 to 2 Bedroom Apartments

Spring Grove Apartments

144-170 Golf View LnCarpentersville, IL 60110
  • Utilities Included

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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125 W Main St, Unit B
$1,600

Total Monthly Price

Base Rent$1,600

Total Monthly Price$1,600
1 Bedroom Apartment Available Now

125 W Main St, Unit B

125 W Main StWest Dundee, IL 60118
  • Smoke Free

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Gardiner Place Apartments
1 to 2 Bedroom Apartments

Gardiner Place Apartments

251 River Haven DrEast Dundee, IL 60118
Senior Living
  • Utilities Included
property at 211 Edwards Ave
$1,500

Total Monthly Price

Base Rent$1,500

Total Monthly Price$1,500
1 Bedroom, 1 Bath Condo for Rent
Available Now

211 Edwards Ave, Unit 2

211 Edwards Ave
West DundeeIL60118
property at 811 E Main St
$1,725
1 Bedroom Rentals
Available Now

811 E Main St

East DundeeIL60118

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

property at 855 E Main St
$1,760 - $1,970
1 To 2 Bedroom Rentals
Available Now

855 E Main St

East DundeeIL60118

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.

Carpentersville, IL Local Guide

Cheapest Neighborhoods for Apartments in Carpentersville, IL

Pricing Updated: 09/12/2026

Current apartment rentals in the Carpentersville, IL area range in price from $1,235 to $3,533 with an overall median price of $1,610. Here is today’s list neighborhoods with the lowest median pricing for Carpentersville Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Sandy Creek Estates$1,610$1,23516

Cheapest Available Carpentersville Apartments for Rent

 

The cheapest available apartment rental in Carpentersville, IL is a 1 Bed unit found at Meadowdale Apartments in the Waterford of Algonquin neighborhood priced from $1,235. 200 S Lincoln in the Waterford of Algonquin neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,400. Here is today’s list of the most affordable Carpentersville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Meadowdale Apartments1 Bedroom - 1 Bath 667 sq ft1BR,1BA$1,235
200 S Lincoln1BD/1BA1BR,1BA$1,400
Eden Prairie Apartments1 Bed 1 Bath Ground Level1BR,1BA$1,425
Villages At CanterfieldHolly-60% AMI2BR,1BA$1,458
311 Barrington Ave Lofts1 Bed Room1BR,1BA$1,550
Reserve Randall RoadAberdeenStudio,1BA$1,668
Watermark at The Grove1.11BR,1BA$1,799
Algonquin Square Apartment HomesThe Cornish1BR,1BA$1,892

Best Value Apartments for Rent in Carpentersville, IL

As of September 12, 2026 the best value apartment in the Carpentersville area is the $0.93 price per square foot 1330 Braewood Dr Model at 1330 Braewood Dr, Unit 1 in the in the Waterford of Algonquin neighborhood starting from $1,675. The second greatest value Carpentersville apartment is the Ravello Model at Conservancy at Gilberts starting at $3,150 with a $2.34 price per square foot in the Square Barn Road School Campus neighborhood. Here is today’s list of the best values for Carpentersville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1330 Braewood Dr, Unit 11330 Braewood Dr1BR,1BA$0.93
Conservancy at GilbertsRavello3BR,2BA$2.34
Villages At CanterfieldLaurel2BR,1BA$2.31
311 Barrington Ave Lofts1 Bed Room1BR,1BA$1.75
Algonquin Square Apartment HomesThe Cornish1BR,1BA$2.27
125 W Main St, Unit B125 W Main St1BR,1BA$2.00
Reserve Randall RoadTanglewood1BR,1BA$2.60
Eden Prairie Apartments1 Bed 1 Bath Renovated Ground Level1BR,1BA$2.27
Meadowdale Apartments1 Bedroom - 1 Bath 667 sq ft1BR,1BA$1.85
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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Carpentersville Apartments

What is the Cheapest Studio apartment in Carpentersville?

Currently the most affordable Cheap Studio Apartment in Carpentersville is at Reserve Randall Road listed at $1,668.

How much is rent for a Cheap One Bedroom Carpentersville Apartment?

The lowest price for a Cheap One Bedroom Carpentersville Apartment is $1,235 at Meadowdale Apartments.

What is the lowest price for a Cheap Two Bedroom Carpentersville Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Carpentersville is starting from $1,458 at Villages At Canterfield.

What is the most affordable Carpentersville Three Bedroom Apartment?

The best deal on a cheap Carpentersville Three Bedroom Apartment rental is at Villages At Canterfield and starts from $2,500.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.