Cheap Apartments for Rent near Dundee, IL from $700 (41 Rentals)

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

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.

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property at 853 E Main St

$1,760 - $1,970

1 To 2 Bedroom Rentals

Available Now

853 E Main St

East DundeeIL60118

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.

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1350 Getzelman Dr
1 Bedroom Apartments

1350 Getzelman Dr

1350 Getzelman DrElgin, IL 60123
  • Utilities Included
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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
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1289 Abbott Dr
1 to 2 Bedroom Apartments

1289 Abbott Dr

1289 Abbott DrElgin, IL 60123
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114 N Spring St
2 Bedroom Apartments

114 N Spring St

114 N Spring StElgin, IL 60120
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Roseanne Apartments
Studio to 2 Bedroom Apartments

Roseanne Apartments

401 E Chicago StElgin, IL 60120
  • Utilities Included

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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Spring Grove Apartments
1 to 2 Bedroom Apartments

Spring Grove Apartments

144-170 Golf View LnCarpentersville, IL 60110
  • Utilities Included
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269 Douglas Ave
1 Bedroom Apartments

269 Douglas Ave

269 Douglas AveElgin, IL 60120
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278 Douglas Ave
1 Bedroom Apartments

278 Douglas Ave

278 Douglas AveElgin, IL 60120
property at 119 Tennyson Ct

$1,450 - $1,550

1 To 2 Bedroom Rentals

Available Now

119 Tennyson Ct

ElginIL60120

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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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.

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Showing Results 1-41, Page 1 of 1

Dundee, IL Local Guide

Cheapest Available Dundee Apartments for Rent and Nearby

 

The cheapest available apartment rental in Dundee, IL is a 1 Bed unit found at 200 S Lincoln in the Waterford of Algonquin neighborhood priced from $1,400. Eden Prairie Apartments in the Waterford of Algonquin neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,415. Here is today’s list of the most affordable Dundee apartments for rent:

Apartment ListingModel NameBed/BathPriced From
200 S Lincoln1BD/1BA1BR,1BA$1,400
Eden Prairie Apartments1 Bed 1 Bath Ground Level1BR,1BA$1,415
Blackhawk Apartment HomesOne Bedroom - 723 sqft1BR,1BA$1,435
1254-1256 Robinwood Drive1254-1256 Robinwood Drive - 1254-...2BR,1BA$1,500
311 Barrington Ave Lofts1 Bed Room1BR,1BA$1,550
Wing Park Residencewp-1bs1BR,1BA$1,550
Algonquin Square Apartment HomesThe Gillilan1BR,1BA$1,832
Watermark at The Grove1.1S1BR,1BA$1,975

Best Value Apartments for Rent in Dundee, IL and Nearby

As of July 12, 2026 the best value apartment in the Dundee area is the $0.94 price per square foot 1330 Braewood Dr Model at 1330 Braewood Dr, Unit 1 in the in the Waterford of Algonquin neighborhood starting from $1,700. The second greatest value Dundee apartment is the 1254-1256 Robinwood Drive - 1254-... Model at 1254-1256 Robinwood Drive starting at $1,500 with a $1.36 price per square foot in the Grant Park neighborhood. Here is today’s list of the best values for Dundee apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1330 Braewood Dr, Unit 11330 Braewood Dr1BR,1BA$0.94
1254-1256 Robinwood Drive1254-1256 Robinwood Drive - 1254-...2BR,1BA$1.36
Villages At CanterfieldLaurel2BR,1BA$2.31
443 Jefferson Ave, Unit #4 - 1 bed 1 bath443 Jefferson Ave1BR,1BA$1.55
311 Barrington Ave Lofts1 Bed Room1BR,1BA$1.75
Algonquin Square Apartment HomesThe Cornish1BR,1BA$2.31
Wing Park Residencewp-1bs1BR,1BA$2.14
Blackhawk Apartment HomesOne Bedroom - 723 sqft1BR,1BA$2.00
Eden Prairie Apartments1 Bed 1 Bath Ground Level1BR,1BA$2.07
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!

Explore Dundee, IL Rentals by Map

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See the most popular apartments and homes in Dundee, IL

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Frequently Asked Questions about Cheap Dundee Apartments

How much is rent for a Cheap One Bedroom Dundee Apartment?

The lowest price for a Cheap One Bedroom Dundee Apartment is $1,400 at 200 S Lincoln.

What is the lowest price for a Cheap Two Bedroom Dundee Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Dundee is starting from $1,500 at 1254-1256 Robinwood Drive.

What is the most affordable Dundee Three Bedroom Apartment?

The best deal on a cheap Dundee 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

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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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.