Cheap Apartments for Rent in Dundee, IL from $700 (35 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 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

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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property at 525 Ryan Ln

$1,750

2 Bedroom Rentals

Available Now

525 Ryan Ln

West DundeeIL60118
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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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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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1289 Abbott Dr
1 to 2 Bedroom Apartments

1289 Abbott Dr

1289 Abbott DrElgin, IL 60123
  • Utilities Included
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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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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

$1,500 - $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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Showing Results 1-35, 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 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 Dundee apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Meadowdale Apartments1 Bedroom - 1 Bath 667 sq ft1BR,1BA$1,235
200 S Lincoln1BD/1BA1BR,1BA$1,400
Blackhawk Apartment HomesOne Bedroom - 723 sqft1BR,1BA$1,520
Wing Park Residencewp-1bs1BR,1BA$1,550
311 Barrington Ave Lofts1 Bed Room1BR,1BA$1,550
Eden Prairie Apartments1 Bed 1 Bath Renovated Ground Level1BR,1BA$1,550
Algonquin Square Apartment HomesThe Gillilan1BR,1BA$1,785
1900 at Canterfield Apartment HomesA1- Lower1BR,1BA$1,898
Watermark at The Grove1.1CS1BR,1BA$1,925

Best Value Apartments for Rent in Dundee, IL and Nearby

As of May 27, 2026 the best value apartment in the Dundee 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 Dundee 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 Dundee 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
311 Barrington Ave Lofts1 Bed Room1BR,1BA$1.75
Algonquin Square Apartment HomesThe Gillilan1BR,1BA$2.25
1900 at Canterfield Apartment HomesA1- Lower1BR,1BA$2.50
Wing Park Residencewp-1bs1BR,1BA$2.14
Blackhawk Apartment HomesOne Bedroom - 723 sqft1BR,1BA$2.12
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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Dundee, IL Rentals by Map

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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 $1,235 at Meadowdale Apartments.

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 $1,450 at Meadowdale Apartments.

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 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.

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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.

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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.