
Cheap Apartments for Rent in the Arrowhead Neighborhood of Algonquin, IL from $700 (4 Rentals)
Search the lowest-cost Apartments available for rent right now in the Arrowhead area of Algonquin.


1303 Cunat Ct

1375 Cunat Ct
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
Arrowhead, Algonquin, IL Local Guide

How much does it cost to rent an apartment in Arrowhead?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Arrowhead Studio Apartments | $1,794 | $1,676 | $1,936 |
Arrowhead 1 Bedroom Apartments | $2,092 | $1,538 | $4,023 |
Arrowhead 2 Bedroom Apartments | $2,675 | $1,505 | $5,294 |
Arrowhead 3 Bedroom Apartments | $2,489 | $1,500 | $2,751 |
Browse Apartments in this Neighborhood
There are currently 4 rentals with your search options within a 3 mile radius of the Arrowhead Neighborhood of Algonquin, IL.
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Arrowhead, Algonquin, IL Local Guide
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Best Value Apartments for Rent in Arrowhead, IL
As of April 18, 2025 the best value apartment in the Arrowhead area is the $1.74 price per square foot Willowood Model at Redwood Crystal Lake in the in the Park Place neighborhood starting from $2,399. The second greatest value Arrowhead apartment is the 43 E Main St Model at 43 E Main St, Unit 43A starting at $1,800 with a $1.38 price per square foot in the Arrowhead neighborhood. Here is today’s list of the best values for Arrowhead apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Redwood Crystal Lake | Willowood | 2BR,2BA | $1.74 |
43 E Main St, Unit 43A | 43 E Main St | 2BR,1BA | $1.38 |
Oakbrook Estates- Senior 55+ Community | Champion Single Wide | 3BR,2BA | $1.42 |
Riverwalk on Main | Ballard | 2BR,2BA | $2.36 |
Haber Pointe Apartments | 2 Br / 2 Ba | 2BR,2BA | $2.09 |
Residence of Fairway Greens | CB121.5 Two Bedroom/one and half bath | 2BR,1.5BA | $1.90 |
Eden Prairie Apartments | 2 Bed 1 Bath B Renovated | 2BR,1BA | $1.86 |
Water's Edge | The Grove | 1BR,1BA | $2.24 |
Algonquin Square Apartment Homes | The Cornish | 1BR,1BA | $2.28 |
Springs at Three Oaks | SGO | Studio Grand Overlook | Studio ,1BA | $2.53 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleArrowhead, Algonquin, IL
Ranked #2
Among neighborhoods in Algonquin, IL for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Arrowhead, Algonquin, IL
Eastview Elementary School
Harry D Jacobs High School
Algonquin Middle School
School data provided by Great Schools
Frequently Asked Questions about Cheap Arrowhead Apartments
How much is rent for a Cheap One Bedroom Arrowhead Apartment?
The lowest price for a Cheap One Bedroom Arrowhead Apartment is $1,869 at Water's Edge.
What is the lowest price for a Cheap Two Bedroom Arrowhead Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Arrowhead is starting from $1,505 at Eden Prairie Apartments.
What is the most affordable Arrowhead Three Bedroom Apartment?
The best deal on a cheap Arrowhead Three Bedroom Apartment rental is at Oakbrook Estates- Senior 55+ Community and starts from $1,700.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.