
Cheap Apartments for Rent in Carpentersville, IL from $1,100 (29 Rentals)
Search the lowest-cost Apartments available for rent right now in Carpentersville.


200 S Lincoln

Eden Prairie Apartments

Spring Grove Apartments

254 W Main St

2400 Millbrook Dr

109 E Algonquin Rd
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.

1900 at Canterfield Apartment Homes

311 Barrington Ave Lofts

Total Monthly Price
125 W Main St, Unit B

Total Monthly Price
Reserve Randall Road

Total Monthly Price
1330 Braewood Dr, Unit 1

Watermark at The Grove

Algonquin Square Apartment Homes
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.

Gardiner Place Apartments

Spring Hill Senior Residences

Spring Hill Apartments

211 Edwards Ave, Unit 2

811 E Main St

1143 Bayside Rd

1149 Bayside Rd
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.

855 E Main St

1116 Candlewood Rd

833 Village Quarter Rd

82 Northshore Rd

1124 Lake Terrace Rd

310 Johnson St

152 Dunbar Ln
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.

118 Melbrooke Rd
Carpentersville, IL Local Guide

How much does it cost to rent an apartment in Carpentersville?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Carpentersville Studio Apartments | $1,759 | $1,444 | $2,007 |
| Carpentersville 1 Bedroom Apartments | $1,858 | $1,100 | $3,273 |
| Carpentersville 2 Bedroom Apartments | $2,296 | $1,450 | $4,080 |
| Carpentersville 3 Bedroom Apartments | $2,926 | $2,500 | $3,775 |
| Carpentersville 4 Bedroom Apartments | $4,150 | $3,855 | $4,600 |
Browse Top Apartments in Carpentersville
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Carpentersville, IL Local Guide
- Carpentersville Neighborhoods
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Cheapest Neighborhoods for Apartments in Carpentersville, IL
Pricing Updated: 09/12/2026Current 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:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Sandy Creek Estates | $1,610 | $1,235 | 16 |
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Meadowdale Apartments | 1 Bedroom - 1 Bath 667 sq ft | 1BR,1BA | $1,235 |
| 200 S Lincoln | 1BD/1BA | 1BR,1BA | $1,400 |
| Eden Prairie Apartments | 1 Bed 1 Bath Ground Level | 1BR,1BA | $1,425 |
| Villages At Canterfield | Holly-60% AMI | 2BR,1BA | $1,458 |
| 311 Barrington Ave Lofts | 1 Bed Room | 1BR,1BA | $1,550 |
| Reserve Randall Road | Aberdeen | Studio,1BA | $1,668 |
| Watermark at The Grove | 1.1 | 1BR,1BA | $1,799 |
| Algonquin Square Apartment Homes | The Cornish | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1330 Braewood Dr, Unit 1 | 1330 Braewood Dr | 1BR,1BA | $0.93 |
| Conservancy at Gilberts | Ravello | 3BR,2BA | $2.34 |
| Villages At Canterfield | Laurel | 2BR,1BA | $2.31 |
| 311 Barrington Ave Lofts | 1 Bed Room | 1BR,1BA | $1.75 |
| Algonquin Square Apartment Homes | The Cornish | 1BR,1BA | $2.27 |
| 125 W Main St, Unit B | 125 W Main St | 1BR,1BA | $2.00 |
| Reserve Randall Road | Tanglewood | 1BR,1BA | $2.60 |
| Eden Prairie Apartments | 1 Bed 1 Bath Renovated Ground Level | 1BR,1BA | $2.27 |
| Meadowdale Apartments | 1 Bedroom - 1 Bath 667 sq ft | 1BR,1BA | $1.85 |
| 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 ArticleNavigating 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.
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 Carpentersville, IL
Liberty Elementary School
Dundee-Crown High School
Carpentersville Middle School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Carpentersville, IL Rentals by Map
See the most popular apartments and homes in Carpentersville, IL
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

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.

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.

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.

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.