
Cheap Homes for Rent near Dundee, IL from $1,300 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Dundee.


10 Arrowhead Dr

318 North St

119 Tennyson Ct

22 Waterfront Ct

903 Silverstone Dr

231 Wedgewood Cir
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.

428 Cavalier Ct

420 Prospect Blvd, Unit 1 n

1143 Bayside Rd

1149 Bayside Rd

1517 Silverstone Dr

82 Northshore Rd

833 Village Quarter Rd
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.
Dundee, IL Local Guide

How much does it cost to rent a home in Dundee?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Dundee 2 Bedroom Homes for Rent | $2,044 | $1,450 | $3,400 |
| Dundee 3 Bedroom Homes for Rent | $2,553 | $2,000 | $3,100 |
| Dundee 4 Bedroom Homes for Rent | $3,100 | $2,400 | $3,800 |
| Dundee 5 Bedroom Homes for Rent | $5,043 | $3,229 | $6,500 |
Browse Top Homes for Rent in Dundee
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Dundee, IL Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 200 S Lincoln | 1BD/1BA | 1BR,1BA | $1,400 |
| Eden Prairie Apartments | 1 Bed 1 Bath Ground Level | 1BR,1BA | $1,415 |
| Blackhawk Apartment Homes | One Bedroom - 723 sqft | 1BR,1BA | $1,435 |
| 1254-1256 Robinwood Drive | 1254-1256 Robinwood Drive - 1254-... | 2BR,1BA | $1,500 |
| 311 Barrington Ave Lofts | 1 Bed Room | 1BR,1BA | $1,550 |
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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1330 Braewood Dr, Unit 1 | 1330 Braewood Dr | 1BR,1BA | $0.94 |
| 1254-1256 Robinwood Drive | 1254-1256 Robinwood Drive - 1254-... | 2BR,1BA | $1.36 |
| Villages At Canterfield | Laurel | 2BR,1BA | $2.31 |
| 443 Jefferson Ave, Unit #4 - 1 bed 1 bath | 443 Jefferson Ave | 1BR,1BA | $1.55 |
| 311 Barrington Ave Lofts | 1 Bed Room | 1BR,1BA | $1.75 |
| Algonquin Square Apartment Homes | The Cornish | 1BR,1BA | $2.31 |
| Wing Park Residence | wp-1bs | 1BR,1BA | $2.14 |
| Blackhawk Apartment Homes | One Bedroom - 723 sqft | 1BR,1BA | $2.00 |
| Eden Prairie Apartments | 1 Bed 1 Bath Ground Level | 1BR,1BA | $2.07 |
| 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 ArticleReal 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 ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Dundee, IL
Frequently Asked Questions about Dundee
What type of rentals are currently available in Dundee?
There are currently 153 Apartments for Rent in Dundee, IL with pricing that ranges from $1,235 to $17,743. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in Dundee ranging from $1,350 to $6,500.
What is the current price range for Rental Homes in Dundee?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Dundee ranges from $1,350 to $6,500 with an average monthly rent of $2,834.
How much are larger Three and Four Bedroom Rentals in Dundee?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Dundee range from $2,200 to $3,657, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,000 to $3,100. Four Bedroom Single-Family rentals are also available starting from $2,400 and Four Bedroom Apartments start at $3,400.
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

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.

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.

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.

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.