Cheap Apartments for Rent in Carpentersville, IL from $800 (25 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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property at 853 E Main St

$1,760 - $1,970

1 To 2 Bedroom Rentals

Available Now

853 E Main St

East DundeeIL60118

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 119 Tennyson Ct

$1,400 - $1,500

1 To 2 Bedroom Rentals

Available Now

119 Tennyson Ct

ElginIL60120

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.

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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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Carpentersville, IL Local Guide

Cheapest Neighborhoods for Apartments in Carpentersville, IL

Pricing Updated: 07/28/2026

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

NeighborhoodMedian PriceMin PriceAvailable Units
Sandy Creek Estates$2,648$1,23518

Cheapest Available Carpentersville Apartments for Rent

 

The cheapest available apartment rental in Carpentersville, IL is a 1 Bed unit found at 200 S Lincoln in the Waterford of Algonquin neighborhood priced from $1,400. Eden Prairie Apartments in the Waterford of Algonquin neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,415. Here is today’s list of the most affordable Carpentersville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
200 S Lincoln1BD/1BA1BR,1BA$1,400
Eden Prairie Apartments1 Bed 1 Bath Ground Level1BR,1BA$1,415
Villages At CanterfieldHolly2BR,1BA$1,458
311 Barrington Ave Lofts1 Bed Room1BR,1BA$1,550
Reserve Randall RoadAberdeenStudio,1BA$1,837

Best Value Apartments for Rent in Carpentersville, IL

As of July 29, 2026 the best value apartment in the Carpentersville area is the $0.94 price per square foot 1330 Braewood Dr Model at 1330 Braewood Dr, Unit 1 in the in the Waterford of Algonquin neighborhood starting from $1,690. 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$0.94
Conservancy at GilbertsRavello3BR,2BA$2.34
1900 at Canterfield Apartment HomesB4- Upper2BR,2BA$1.92
Villages At CanterfieldLaurel2BR,1BA$2.20
311 Barrington Ave Lofts1 Bed Room1BR,1BA$1.75
Algonquin Square Apartment HomesThe Gillilan1BR,1BA$2.37
Watermark at The Grove1.1F1BR,1BA$2.78
Reserve Randall RoadAberdeenStudio ,1BA$2.57
Eden Prairie Apartments1 Bed 1 Bath Ground Level1BR,1BA$2.07
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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Best Local Schools in
Carpentersville, IL

School data provided by Great Schools

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

Explore Carpentersville, IL Rentals by Map

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See the most popular apartments and homes in Carpentersville, IL

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Frequently Asked Questions about Cheap Carpentersville Apartments

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

The lowest price for a Cheap One Bedroom Carpentersville Apartment is $1,400 at 200 S Lincoln.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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

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.