Cheap Apartments for Rent in Carpentersville, IL from $800 (27 Rentals)

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

property at 1819 Silverstone Dr

$1,550

Total Monthly Price

Total Monthly Price

Base Rent
$1,550

Total Monthly Price
$1,550

1 Bedroom, 1 Bath Condo for Rent

Available Now

1819 Silverstone Dr, Unit 1819, Unit 1819

1819 Silverstone Dr
CarpentersvilleIL60110
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Spring Grove Apartments
1 to 2 Bedroom Apartments

Spring Grove Apartments

144-170 Golf View LnCarpentersville, IL 60110
  • 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.

property at 2115 Silverstone Dr

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

2 Bedroom, 2 Bath Home for Rent

Available Now

2115 Silverstone Dr

CarpentersvilleIL60110

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.

property at 525 Ryan Ln

$1,750 - $1,875

1 To 3 Bedroom Rentals

Available Now

525 Ryan Ln

West DundeeIL60118
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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

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.

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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.

Carpentersville, IL Local Guide

Cheapest Neighborhoods for Apartments in Carpentersville, IL

Pricing Updated: 04/29/2026

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$2,503$1,15616

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 ListingModel NameBed/BathPriced From
200 S Lincoln1BD/1BA1BR,1BA$1,400
Meadowdale Apartments2 Bedroom 1 Bath 810 sq ft2BR,1BA$1,450
Eden Prairie Apartments2 Bed 1 Bath A Level 32BR,1BA$1,545
311 Barrington Ave Lofts1 Bed Room1BR,1BA$1,550
Algonquin Square Apartment HomesThe Gillilan1BR,1BA$1,782
1900 at Canterfield Apartment HomesA1- Lower1BR,1BA$1,831
Watermark at The Grove1.1CS1BR,1BA$1,925
Reserve Randall RoadPinehurst1BR,1BA$2,008
Conservancy at GilbertsRome2BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Conservancy at GilbertsRavello3BR,2BA$2.47
Reserve Randall RoadPinehurst1BR,1BA$2.22
311 Barrington Ave Lofts1 Bed Room1BR,1BA$1.75
Eden Prairie Apartments2 Bed 1 Bath A Renovated Level 22BR,1BA$2.02
Meadowdale Apartments2 Bedroom 1 Bath 810 sq ft2BR,1BA$1.79
Algonquin Square Apartment HomesThe Gillilan1BR,1BA$2.24
1900 at Canterfield Apartment HomesA1- Lower1BR,1BA$2.41
Watermark at The Grove1.1C1BR,1BA$2.89
200 S Lincoln1BD/1BA1BR,1BA$2.15
305 Oregon Ave, Unit Fierke305 Oregon Ave1BR,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.

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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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The 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.

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Cash 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.

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Quick 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.

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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 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

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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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

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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.