
Cheap Homes for Rent in Dundee, IL from $800 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Dundee.


119 Tennyson Ct

1819 Silverstone Dr, Unit 1819, Unit 1819
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.

833 Village Quarter Rd

1917 Silverstone Dr

1517 Silverstone Dr
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 | $2,182 | $1,750 | $3,000 |
| Dundee 3 Bedroom Homes for Rent | $2,762 | $2,295 | $3,200 |
| Dundee 4 Bedroom Homes for Rent | $3,341 | $3,000 | $3,800 |
| Dundee 5 Bedroom Homes for Rent | $5,400 | $5,400 | $5,400 |
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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Meadowdale Apartments | 1 Bedroom - 1 Bath 667 sq ft | 1BR,1BA | $1,235 |
| 200 S Lincoln | 1BD/1BA | 1BR,1BA | $1,400 |
| Blackhawk Apartment Homes | One Bedroom - 723 sqft | 1BR,1BA | $1,520 |
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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1330 Braewood Dr, Unit 1 | 1330 Braewood Dr | 1BR,1BA | $0.92 |
| Conservancy at Gilberts | Ravello | 3BR,2BA | $2.47 |
| 311 Barrington Ave Lofts | 1 Bed Room | 1BR,1BA | $1.75 |
| Algonquin Square Apartment Homes | The Gillilan | 1BR,1BA | $2.25 |
| 1900 at Canterfield Apartment Homes | A1- Lower | 1BR,1BA | $2.50 |
| Wing Park Residence | wp-1bs | 1BR,1BA | $2.14 |
| Blackhawk Apartment Homes | One Bedroom - 723 sqft | 1BR,1BA | $2.12 |
| Eden Prairie Apartments | 1 Bed 1 Bath Renovated Ground Level | 1BR,1BA | $2.27 |
| Meadowdale Apartments | 1 Bedroom - 1 Bath 667 sq ft | 1BR,1BA | $1.85 |
| 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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Frequently Asked Questions about Dundee
What type of rentals are currently available in Dundee?
There are currently 155 Apartments for Rent in Dundee, IL with pricing that ranges from $1,235 to $17,743. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Dundee ranging from $825 to $5,400.
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 $825 to $5,400 with an average monthly rent of $3,075.
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 $2,295 to $3,200. Four Bedroom Single-Family rentals are also available starting from $3,000 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

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.

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.

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.

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.