Cheap Apartments for Rent in the Arrowhead Neighborhood of Algonquin, IL from $700 (5 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Arrowhead area of Algonquin.

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Arrowhead, Algonquin, IL Local Guide

Cheapest Available Arrowhead Apartments for Rent

 

The cheapest available apartment rental in the Arrowhead area of Algonquin, IL is a 1 Bed unit found at Eden Prairie Apartments priced from $1,450. Springs at Three Oaks has the second lowest priced unit, which is a Studio apartment currently listed from $1,620. Here are the most affordable Arrowhead apartments for rent in Algonquin, IL:

Apartment ListingModel NameBed/BathPriced From
Eden Prairie Apartments1 Bed 1 Bath Renovated1BR,1BA$1,450
Springs at Three OaksSGO | Studio Grand OverlookStudio,1BA$1,620
Oakbrook Estates- Senior 55+ CommunityChampion Single Wide3BR,2BA$1,700

Best Value Apartments for Rent in Arrowhead, IL

As of April 02, 2025 the best value apartment in the Arrowhead area is the $1.06 price per square foot 630 Regal Ln Model at 630 Regal Ln in the in the Park Place neighborhood starting from $3,495. The second greatest value Arrowhead apartment is the Meadowood Model at Redwood Crystal Lake starting at $2,449 with a $1.85 price per square foot in the Park Place neighborhood. Here is today’s list of the best values for Arrowhead apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
630 Regal Ln630 Regal Ln4BR,3BA$1.06
Redwood Crystal LakeMeadowood2BR,2BA$1.85
1418 Grandview Ct1418 Grandview Ct2BR,2.5BA$1.76
Oakbrook Estates- Senior 55+ CommunityChampion Single Wide3BR,2BA$1.42
Skyridge Club ApartmentsPinnacle II2BR,2BA$1.73
Haber Pointe Apartments2 Br / 2 Ba2BR,2BA$2.09
Residence of Fairway GreensCB121.5 Two Bedroom/one and half bath2BR,1.5BA$1.84
Algonquin Square Apartment HomesThe Cornish1BR,1BA$2.23
Meadowdale Apartments2 Bedroom 1 Bath 810 sq ft2BR,1BA$1.73
Eden Prairie Apartments1 Bed 1 Bath Renovated1BR,1BA$2.12

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Pet Friendly Lifestyle
Arrowhead, Algonquin, IL

Ranked #1

Among neighborhoods in Algonquin, IL for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Arrowhead, Algonquin, IL

School data provided by Great Schools

Best Local Schools in
Arrowhead, Algonquin, IL

School data provided by Great Schools

Lifestyle Ratings

Our team compiles millions of data points to bring you Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for Central Algonquin. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and the best proximity to parks and outdoor amenities, pet-friendly features, places that make kids happy, proximity to transit, walking, and biking. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Arrowhead Apartments

What is the Cheapest Studio apartment in Arrowhead?

Currently the most affordable Cheap Studio Apartment in Arrowhead is at Springs at Three Oaks listed at $1,620.

How much is rent for a Cheap One Bedroom Arrowhead Apartment?

The lowest price for a Cheap One Bedroom Arrowhead Apartment is $1,450 at Eden Prairie Apartments.

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 $1,400 at Meadowdale 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.

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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.

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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.

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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.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.