Cheap Homes for Rent in Carpentersville, IL from $800 (4 Rentals)

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

property at 1375 Cunat Ct

$1,395

1 Bedroom Rentals

Available Jun 12

1375 Cunat Ct

Lake In The HillsIL60156

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 119 Tennyson Ct

$1,500 - $1,550

1 To 2 Bedroom Rentals

Available Now

119 Tennyson Ct

ElginIL60120

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.

Carpentersville, IL Local Guide

Cheapest Neighborhoods for Apartments in Carpentersville, IL

Pricing Updated: 05/31/2026

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$2,604$1,23517

Best Value Apartments for Rent in Carpentersville, IL and Nearby

As of May 31, 2026 the best value apartment in the Carpentersville area is the $0.92 price per square foot 1330 Braewood Dr Model at 1330 Braewood Dr, Unit 1 in the in the Waterford of Algonquin neighborhood starting from $1,650. The second greatest value Carpentersville apartment is the Ravello Model at Conservancy at Gilberts starting at $3,325 with a $2.47 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$0.92
Conservancy at GilbertsRavello3BR,2BA$2.47
Reserve Randall RoadCypress Point2BR,2BA$2.27
1900 at Canterfield Apartment HomesB4- Upper2BR,2BA$1.96
311 Barrington Ave Lofts1 Bed Room1BR,1BA$1.75
Algonquin Square Apartment HomesThe Gillilan1BR,1BA$2.26
Watermark at The Grove1.1C1BR,1BA$2.89
Eden Prairie Apartments1 Bed 1 Bath Renovated Ground Level1BR,1BA$2.27
Meadowdale Apartments1 Bedroom - 1 Bath 667 sq ft1BR,1BA$1.85
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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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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 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Carpentersville ranging from $825 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 $825 to $5,400 with an average monthly rent of $3,017.

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 Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

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.