Cheap Homes for Rent in Arrowhead Neighborhood of Algonquin, IL from $1,300 (7 Rentals)

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

property at 2210 Flagstone Ln

2210 Flagstone Ln

CarpentersvilleIL60110

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

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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 2 Beds unit found at Eden Prairie Apartments priced from $1,505. Randall Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,538. Here are the most affordable Arrowhead apartments for rent in Algonquin, IL:

Apartment ListingModel NameBed/BathPriced From
Eden Prairie Apartments2 Bed 1 Bath B2BR,1BA$1,505
Randall VillageThe Chagall1BR,1BA$1,538
Springs at Three OaksSGO | Studio Grand OverlookStudio,1BA$1,631

Best Value Apartments for Rent in Arrowhead, IL

As of April 28, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Redwood Crystal LakeWillowood2BR,2BA$1.74
43 E Main St, Unit 43A43 E Main St2BR,1BA$1.38
Oakbrook Estates- Senior 55+ CommunityChampion Single Wide3BR,2BA$1.42
Riverwalk on MainBallard2BR,2BA$2.36
Haber Pointe Apartments2 Br / 2 Ba2BR,2BA$2.09
Residence of Fairway GreensCB121.5 Two bedroom/one and half bath2BR,1.5BA$1.90
Eden Prairie Apartments2 Bed 1 Bath B Renovated2BR,1BA$1.86
Water's EdgeThe Grove1BR,1BA$2.28
Algonquin Square Apartment HomesThe Cornish1BR,1BA$2.34
Randall VillageThe Chagall1BR,1BA$2.01

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Frequently Asked Questions about Arrowhead

What type of rentals are currently available in Arrowhead?

There are currently 45 Apartments for Rent in Arrowhead, IL with pricing that ranges from $1,480 to $5,216. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Arrowhead ranging from $1,375 to $4,000.

What is the current price range for Rental Homes in Arrowhead?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Arrowhead ranges from $1,375 to $4,000 with an average monthly rent of $2,560.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.