10 Arrowhead Dr
AlgonquinIL60102
Cheap Homes for Rent near Carpentersville, IL from $1,350 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Carpentersville.
211 Edwards Ave, Unit 2
211 Edwards Ave
West DundeeIL60118
1149 Bayside Rd
ElginIL60123
1143 Bayside Rd
ElginIL60123
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.
605 Barrington Ave
East DundeeIL60118
1116 Candlewood Rd
ElginIL60123
82 Northshore Rd
ElginIL60123
833 Village Quarter Rd
West 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.
Showing Results 1-8, Page 1 of 1
Carpentersville, IL Local Guide
How much does it cost to rent a home in Carpentersville?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Carpentersville 2 Bedroom Homes for Rent | $2,109 | $1,750 | $2,500 |
| Carpentersville 3 Bedroom Homes for Rent | $2,492 | $2,000 | $3,025 |
| Carpentersville 4 Bedroom Homes for Rent | $3,370 | $2,600 | $3,950 |
| Carpentersville 5 Bedroom Homes for Rent | $4,148 | $3,049 | $5,400 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Carpentersville
Explore Carpentersville
Carpentersville, IL Local Guide
- Carpentersville Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Carpentersville, IL
Pricing Updated: 08/29/2026Current apartment rentals in the Carpentersville, IL area range in price from $1,550 to $5,400 with an overall median price of $2,325. 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 | $2,325 | $1,550 | 12 |
Cheapest Available Carpentersville Apartments for Rent and Nearby
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 |
Best Value Apartments for Rent in Carpentersville, IL and Nearby
As of August 29, 2026 the best value apartment in the Carpentersville area is the $2.34 price per square foot Ravello Model at Conservancy at Gilberts in the in the Square Barn Road School Campus neighborhood starting from $3,150. The second greatest value Carpentersville apartment is the B4- Upper Model at 1900 at Canterfield Apartment Homes starting at $2,242 with a $1.89 price per square foot in the Sandy Creek Estates 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 | $2.34 |
| 1900 at Canterfield Apartment Homes | B4- Upper | 2BR,2BA | $1.89 |
| 311 Barrington Ave Lofts | 1 Bed Room | 1BR,1BA | $1.75 |
| Algonquin Square Apartment Homes | The Cornish | 1BR,1BA | $2.31 |
| 125 W Main St, Unit B | 125 W Main St | 1BR,1BA | $2.00 |
| Villages At Canterfield | Maple-80% AMI | 1BR,1BA | $2.40 |
| Reserve Randall Road | Aberdeen | Studio ,1BA | $2.50 |
| 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 Article
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.
Read Article
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.
Let everyone know!
Do you know the Carpentersville area?
If you’re an expert on all things Carpentersville, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Best Local Schools in Carpentersville, IL
Liberty Elementary School
Community Unit School District 300
Public School - Grades PK-5 (724)
9 out of 10
Dundee-Crown High School
Community Unit School District 300
Public School - Grades 9-12 (2405)
6 out of 10
Carpentersville Middle School
Community Unit School District 300
Public School - Grades 6-8 (1060)
2 out of 10
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 Carpentersville
What type of rentals are currently available in Carpentersville?
There are currently 46 Apartments for Rent in Carpentersville, IL with pricing that ranges from $1,235 to $6,000. There are also 55 Single Family Homes for rent, Condos, and Townhome rentals currently available in Carpentersville ranging from $1,350 to $5,400.
What is the current price range for Rental Homes in Carpentersville?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Carpentersville ranges from $1,350 to $5,400 with an average monthly rent of $2,389.
How much are larger Three and Four Bedroom Rentals in Carpentersville?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Carpentersville range from $2,561 to $4,550, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,000 to $3,025. Four Bedroom Single-Family rentals are also available starting from $2,600 and Four Bedroom Apartments start at $3,855.
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.
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.
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.