
Cheap Apartments for Rent in Carpentersville, IL from $800 (27 Rentals)
Search the lowest-cost Apartments available for rent right now in Carpentersville.


200 S Lincoln

Eden Prairie Apartments

1819 Silverstone Dr, Unit 1819, Unit 1819

207-209-209 N Lord Ave

Spring Grove 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.

1025 Rosewood Dr

2115 Silverstone Dr

1917 Silverstone Dr

917 Silverstone Dr

Total Monthly Price
305 Oregon Ave, Unit Fierke, Unit Fierke

1900 at Canterfield Apartment Homes
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.

311 Barrington Ave Lofts

The Villages at Canterfield

Algonquin Square Apartment Homes

Reserve Randall Road

525 Ryan Ln

Gardiner Place Apartments
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Spring Hill Senior Residences

Spring Hill Apartments

10 Arrowhead Dr

20 Arrowhead Dr

119 Tennyson Ct

1351 Cunat Ct
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

1840 W Highland Ave

1345 Cunat Ct

1361 Cunat Ct
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 | $2,838 | $1,395 | $6,000 |
| Carpentersville 1 Bedroom Apartments | $1,891 | $1,156 | $3,136 |
| Carpentersville 2 Bedroom Apartments | $2,234 | $1,450 | $3,645 |
| Carpentersville 3 Bedroom Apartments | $3,022 | $2,225 | $4,532 |
Browse Top Apartments in Carpentersville
See all Apartments in CarpentersvilleExplore Carpentersville
Carpentersville, IL Local Guide
- Carpentersville Neighborhoods
- Nearby Cities
- ZIP codes
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- School Districts
Cheapest Neighborhoods for Apartments in Carpentersville, IL
Pricing Updated: 04/29/2026Current 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:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Sandy Creek Estates | $2,503 | $1,156 | 16 |
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. Meadowdale Apartments in the Waterford of Algonquin neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,450. Here is today’s list of the most affordable Carpentersville apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 200 S Lincoln | 1BD/1BA | 1BR,1BA | $1,400 |
| Meadowdale Apartments | 2 Bedroom 1 Bath 810 sq ft | 2BR,1BA | $1,450 |
| Eden Prairie Apartments | 2 Bed 1 Bath A Level 3 | 2BR,1BA | $1,545 |
| 311 Barrington Ave Lofts | 1 Bed Room | 1BR,1BA | $1,550 |
| Algonquin Square Apartment Homes | The Gillilan | 1BR,1BA | $1,782 |
| 1900 at Canterfield Apartment Homes | A1- Lower | 1BR,1BA | $1,831 |
| Watermark at The Grove | 1.1CS | 1BR,1BA | $1,925 |
| Reserve Randall Road | Pinehurst | 1BR,1BA | $2,008 |
| Conservancy at Gilberts | Rome | 2BR,2BA | $2,800 |
Best Value Apartments for Rent in Carpentersville, IL
As of April 29, 2026 the best value apartment in the Carpentersville area is the $2.47 price per square foot Ravello Model at Conservancy at Gilberts in the in the Square Barn Road School Campus neighborhood starting from $3,325. The second greatest value Carpentersville apartment is the Pinehurst Model at Reserve Randall Road starting at $2,008 with a $2.22 price per square foot in the Willoughby Farms 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. |
|---|---|---|---|
| Conservancy at Gilberts | Ravello | 3BR,2BA | $2.47 |
| Reserve Randall Road | Pinehurst | 1BR,1BA | $2.22 |
| 311 Barrington Ave Lofts | 1 Bed Room | 1BR,1BA | $1.75 |
| Eden Prairie Apartments | 2 Bed 1 Bath A Renovated Level 2 | 2BR,1BA | $2.02 |
| Meadowdale Apartments | 2 Bedroom 1 Bath 810 sq ft | 2BR,1BA | $1.79 |
| Algonquin Square Apartment Homes | The Gillilan | 1BR,1BA | $2.24 |
| 1900 at Canterfield Apartment Homes | A1- Lower | 1BR,1BA | $2.41 |
| Watermark at The Grove | 1.1C | 1BR,1BA | $2.89 |
| 200 S Lincoln | 1BD/1BA | 1BR,1BA | $2.15 |
| 305 Oregon Ave, Unit Fierke | 305 Oregon Ave | 1BR,1BA | $3.30 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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 price of a cheap apartment in Carpentersville?
The cheapest apartment in Carpentersville is 200 S Lincoln which is listed at $1,400, while the average apartment in Carpentersville costs $2,503.
What types of apartments are the cheapest in Carpentersville?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 7 regular apartments in Carpentersville that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.