Cheap Homes for Rent near Dundee, IL from $1,300 (14 Rentals)

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

property at 119 Tennyson Ct

$1,450 - $1,550

1 To 2 Bedroom Rentals

Available Now

119 Tennyson Ct

ElginIL60120

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.

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

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

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!

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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

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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.

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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.