
Cheap Homes for Rent in Arrowhead Neighborhood of Algonquin, IL from $1,500 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Arrowhead area of Algonquin.


1371 Cunat Ct

1351 Cunat Ct

1332 Cunat Ct

1361 Cunat Ct

301 Village Creek Dr
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 | $1,931 | $1,600 | $2,400 |
Arrowhead 3 Bedroom Homes for Rent | $2,597 | $2,195 | $3,000 |
Arrowhead 4 Bedroom Homes for Rent | $3,200 | $3,200 | $3,200 |
Browse Homes for Rent in this Neighborhood
There are currently 6 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 1 Bed unit found at Eden Prairie Apartments priced from $1,315. 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Eden Prairie Apartments | 1 Bed 1 Bath Ground Level | 1BR,1BA | $1,315 |
Springs at Three Oaks | SGO | Studio Grand Overlook | Studio,1BA | $1,620 |
Oakbrook Estates- Senior 55+ Community | Champion Single Wide | 3BR,2BA | $1,700 |
Best Value Apartments for Rent in Arrowhead, IL
As of March 23, 2025 the best value apartment in the Arrowhead area is the $1.85 price per square foot Meadowood Model at Redwood Crystal Lake in the in the Park Place neighborhood starting from $2,449. The second greatest value Arrowhead apartment is the Champion Single Wide Model at Oakbrook Estates- Senior 55+ Community starting at $1,700 with a $1.42 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Redwood Crystal Lake | Meadowood | 2BR,2BA | $1.85 |
Oakbrook Estates- Senior 55+ Community | Champion Single Wide | 3BR,2BA | $1.42 |
Riverwalk on Main | Ballard | 2BR,2BA | $2.18 |
Residence of Fairway Greens | CB121.5- Two Bedroom/One and Half Bath | 2BR,1.5BA | $1.84 |
Randall Village | The Renoir | 2BR,2BA | $1.75 |
Water's Edge | The Trail | 1BR,1BA | $2.30 |
Haber Pointe Apartments | 2 Br / 1 Ba | 2BR,1BA | $2.17 |
The Schoolhouse Apartments | 2 Bedroom | 2BR,1BA | $2.17 |
Algonquin Square Apartment Homes | The Cornish | 1BR,1BA | $2.22 |
Eden Prairie Apartments | 1 Bed 1 Bath Renovated | 1BR,1BA | $2.12 |
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Frequently Asked Questions about Arrowhead
What type of rentals are currently available in Arrowhead?
There are currently 47 Apartments for Rent in Arrowhead, IL with pricing that ranges from $1,315 to $5,349. There are also 25 Single Family Homes for rent, Condos, and Townhome rentals currently available in Arrowhead ranging from $1,500 to $3,200.
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 $1,500 to $3,200 with an average monthly rent of $2,307.
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.

What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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.

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.