Cheap Apartments for Rent in the Grand Reserve Neighborhood of Algonquin, IL from $700 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in the Grand Reserve area of Algonquin.

Algonquin Square Apartment Homes

Conservancy at Gilberts

Woodcreek

Springs at Three Oaks

Randall Village

Skyridge Club Apartments

Residence of Fairway Greens

311 Barrington Ave Lofts

The Residences of Lake in the Hills Senior 55

Melody Living Lake in the Hills
Grand Reserve, Algonquin, IL Local Guide

How much does it cost to rent an apartment in Grand Reserve?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Grand Reserve Studio Apartments | $1,756 | $1,334 | $1,912 |
Grand Reserve 1 Bedroom Apartments | $2,120 | $1,521 | $3,793 |
Grand Reserve 2 Bedroom Apartments | $2,670 | $1,480 | $5,421 |
Grand Reserve 3 Bedroom Apartments | $2,750 | $2,230 | $3,440 |
Grand Reserve 4 Bedroom Apartments | $4,224 | $3,730 | $4,805 |
Browse Apartments in this Neighborhood
There are currently 16 rentals with your search options within a 3 mile radius of the Grand Reserve Neighborhood of Algonquin, IL.
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Grand Reserve, Algonquin, IL Local Guide
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- School Districts
Cheapest Available Grand Reserve Apartments for Rent
 The cheapest available apartment rental in the Grand Reserve area of Algonquin, IL is a 1 Bed unit found at 311 Barrington Ave Lofts priced from $1,550. 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 Grand Reserve apartments for rent in Algonquin, IL:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
311 Barrington Ave Lofts | 1 Bed Room | 1BR,1BA | $1,550 |
Springs at Three Oaks | SGO | Studio Grand Overlook | Studio,1BA | $1,620 |
Algonquin Square Apartment Homes | The Cornish | 1BR,1BA | $1,841 |
Randall Village | The Renoir | 2BR,2BA | $1,930 |
Redwood Crystal Lake | Haydenwood | 2BR,2BA | $2,299 |
Best Value Apartments for Rent in Grand Reserve, IL
As of March 10, 2025 the best value apartment in the Grand Reserve area is the $1.05 price per square foot 630 Regal Ln Model at 630 Regal Ln in the in the Park Place neighborhood starting from $3,460. The second greatest value Grand Reserve apartment is the 10144 Ashley St Model at 10144 Ashley St starting at $3,185 with a $1.46 price per square foot in the Park Place neighborhood. Here is today’s list of the best values for Grand Reserve apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
630 Regal Ln | 630 Regal Ln | 4BR,3BA | $1.05 |
10144 Ashley St | 10144 Ashley St | 4BR,2.5BA | $1.46 |
4831 Highwood Ln | 4831 Highwood Ln | 4BR,2.5BA | $1.50 |
504 E Oak St | 504 E Oak St | 3BR,2BA | $1.59 |
Redwood Crystal Lake | Meadowood | 2BR,2BA | $1.85 |
Renew on Main | Ballard | 2BR,2BA | $2.10 |
Randall Village | The Renoir | 2BR,2BA | $1.93 |
311 Barrington Ave Lofts | 1 Bed Room | 1BR,1BA | $1.75 |
Algonquin Square Apartment Homes | The Cornish | 1BR,1BA | $2.21 |
Springs at Three Oaks | SGO | Studio Grand Overlook | Studio ,1BA | $2.44 |
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Pet Friendly LifestyleGrand Reserve, Algonquin, IL
Ranked #7
Among neighborhoods in Algonquin, IL for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Best Local Schools in Grand Reserve, Algonquin, IL
Harry D Jacobs High School
Westfield Community School
School data provided by Great Schools
Best Local Schools in Grand Reserve, Algonquin, IL
Harry D Jacobs High School
Westfield Community School
School data provided by Great Schools
Getting Around the Grand Reserve Neighborhood in Algonquin, IL
Walk Score®
33 / 100
Car-Dependent
Most errands require a car
Bike Score®
57 / 100
Bikeable
Some bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Grand Reserve Apartments
What is the Cheapest Studio apartment in Grand Reserve?
Currently the most affordable Cheap Studio Apartment in Grand Reserve is at Springs at Three Oaks listed at $1,620.
How much is rent for a Cheap One Bedroom Grand Reserve Apartment?
The lowest price for a Cheap One Bedroom Grand Reserve Apartment is $1,550 at 311 Barrington Ave Lofts.
What is the lowest price for a Cheap Two Bedroom Grand Reserve Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Grand Reserve is starting from $1,930 at Randall Village.
What is the most affordable Grand Reserve Three Bedroom Apartment?
The best deal on a cheap Grand Reserve Three Bedroom Apartment rental is at Springs at Three Oaks and starts from $2,278.
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.