
Cheap Homes for Rent in Algonquin, IL from $1,200 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Algonquin.


1303 Cunat Ct

1375 Cunat Ct

1819 Silverstone Dr, Unit 1819

413 Silverstone Dr

929 Silverstone Dr

1371 Cunat Ct

645 S Virginia Rd

93 Elmhurst St
Algonquin, IL Local Guide

How much does it cost to rent a home in Algonquin?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Algonquin 2 Bedroom Homes for Rent | $2,106 | $1,600 | $2,575 |
Algonquin 3 Bedroom Homes for Rent | $2,560 | $1,690 | $4,000 |
Algonquin 4 Bedroom Homes for Rent | $3,233 | $3,000 | $3,500 |
Browse Top Homes for Rent in Algonquin
Explore Algonquin
Algonquin, IL Local Guide
- Algonquin Neighborhoods
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Cheapest Neighborhoods for Apartments in Algonquin, IL
Pricing Updated: 04/07/2025Current apartment rentals in the Algonquin, IL area range in price from $1,300 to $4,100 with an overall median price of $2,653. The three Algonquin neighborhoods with the lowest median rent pricing are Waterford of Algonquin at $1,300, Creek's Crossing at $1,405, and Willoughby Farms at $1,300. Here is today’s list of the top 9 neighborhoods with the lowest median pricing for Algonquin Apartments for rent:
Neighborhood | Median Price | Min Price | Available Units |
---|---|---|---|
Waterford of Algonquin | $2,295 | $1,300 | 13 |
Creek's Crossing | $2,395 | $1,405 | 16 |
Willoughby Farms | $2,395 | $1,300 | 12 |
Grand Reserve | $2,450 | $1,300 | 14 |
Square Barn Road School Campus | $2,550 | $1,900 | 16 |
High Hill Farms | $2,700 | $1,900 | 2 |
Alta Vista | $3,000 | $1,300 | 19 |
Gaslight Terrace North | $3,000 | $1,300 | 20 |
Arrowhead | $3,100 | $1,300 | 20 |
Cheapest Available Algonquin Apartments for Rent and Nearby
 The cheapest available apartment rental in Algonquin, IL is a 1 Bed unit found at Blackhawk Apartment Homes in the Beacon Pointe neighborhood priced from $1,340. Meadowdale Apartments in the Waterford of Algonquin neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,400. Here is today’s list of the most affordable Algonquin apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Blackhawk Apartment Homes | One Bedroom - 598 sqft | 1BR,1BA | $1,340 |
Meadowdale Apartments | 2 Bedroom 1 Bath 810 sq ft | 2BR,1BA | $1,400 |
The Church Street Apartments | 1 Bedroom | 1BR,1BA | $1,400 |
Best Value Apartments for Rent in Algonquin, IL and Nearby
As of April 07, 2025 the best value apartment in the Algonquin area is the $1.80 price per square foot Milan (SFR) Model at Conservancy at Gilberts in the in the Square Barn Road School Campus neighborhood starting from $3,800. The second greatest value Algonquin apartment is the Willowood Model at Redwood Crystal Lake starting at $2,399 with a $1.74 price per square foot in the Park Place neighborhood. Here is today’s list of the best values for Algonquin apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Conservancy at Gilberts | Milan (SFR) | 4BR,2.5BA | $1.80 |
Redwood Crystal Lake | Willowood | 2BR,2BA | $1.74 |
The Church Street Apartments | 2 Bedroom | 2BR,2BA | $1.49 |
Oakbrook Estates- Senior 55+ Community | Champion Single Wide | 3BR,2BA | $1.42 |
Skyridge Club Apartments | Pinnacle II | 2BR,2BA | $1.73 |
1900 at Canterfield Apartment Homes | 2x2 B2GU - Lower | 2BR,2BA | $2.08 |
Residence of Fairway Greens | CB121.5 Two Bedroom/one and half bath | 2BR,1.5BA | $1.84 |
311 Barrington Ave Lofts | 1 Bed Room | 1BR,1BA | $1.75 |
Blackhawk Apartment Homes | Two Bedroom - 817 sqft | 2BR,1BA | $2.01 |
Meadowdale Apartments | 2 Bedroom 1 Bath 810 sq ft | 2BR,1BA | $1.73 |
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Frequently Asked Questions about Algonquin
What type of rentals are currently available in Algonquin?
There are currently 59 Apartments for Rent in Algonquin, IL with pricing that ranges from $826 to $5,365. There are also 55 Single Family Homes for rent, Condos, and Townhome rentals currently available in Algonquin ranging from $1,250 to $4,000.
What is the current price range for Rental Homes in Algonquin?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Algonquin ranges from $1,250 to $4,000 with an average monthly rent of $2,319.
How much are larger Three and Four Bedroom Rentals in Algonquin?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Algonquin range from $1,500 to $3,631, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,690 to $4,000. Four Bedroom Single-Family rentals are also available starting from $3,000 and Four Bedroom Apartments start at $3,185.
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.

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.

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.