
Cheap Homes for Rent in Arrowhead Neighborhood of Algonquin, IL from $1,300 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Arrowhead area of Algonquin.


1819 Silverstone Dr, Unit 1819

1362 Cunat Ct

1374 Cunat Ct

1917 Silverstone Dr

2210 Flagstone Ln

301 Village Creek Dr
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 a home in Arrowhead?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Arrowhead 2 Bedroom Homes for Rent | $2,146 | $1,750 | $2,735 |
Arrowhead 3 Bedroom Homes for Rent | $2,367 | $2,105 | $2,900 |
Arrowhead 4 Bedroom Homes for Rent | $2,890 | $2,550 | $3,300 |
Arrowhead 5 Bedroom Homes for Rent | $4,000 | $4,000 | $4,000 |
Browse Homes for Rent in this Neighborhood
There are currently 7 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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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Eden Prairie Apartments | 2 Bed 1 Bath B | 2BR,1BA | $1,505 |
Randall Village | The Chagall | 1BR,1BA | $1,538 |
Springs at Three Oaks | SGO | Studio Grand Overlook | Studio,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 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 | $2.28 |
Algonquin Square Apartment Homes | The Cornish | 1BR,1BA | $2.34 |
Randall Village | The Chagall | 1BR,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.

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.

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.

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.