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


1819 Silverstone Dr, Unit 1819

1374 Cunat Ct

1917 Silverstone Dr

2210 Flagstone Ln

2115 Silverstone Dr

2200 Morningside Cir
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.
Waterford of Algonquin, Algonquin, IL Local Guide

How much does it cost to rent a home in Waterford of Algonquin?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Waterford of Algonquin 2 Bedroom Homes for Rent | $2,135 | $1,800 | $2,735 |
Waterford of Algonquin 3 Bedroom Homes for Rent | $2,522 | $2,000 | $4,100 |
Waterford of Algonquin 4 Bedroom Homes for Rent | $2,683 | $2,550 | $2,800 |
Waterford of Algonquin 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 Waterford of Algonquin Neighborhood of Algonquin, IL.
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Waterford of Algonquin, Algonquin, IL Local Guide
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Cheapest Available Waterford of Algonquin Apartments for Rent
 The cheapest available apartment rental in the Waterford of Algonquin 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 Waterford of Algonquin 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 |
311 Barrington Ave Lofts | 1 Bed Room | 1BR,1BA | $1,550 |
Best Value Apartments for Rent in Waterford of Algonquin, IL
As of April 29, 2025 the best value apartment in the Waterford of Algonquin area is the $2.36 price per square foot Ballard Model at Riverwalk on Main in the in the Park Place neighborhood starting from $2,680. The second greatest value Waterford of Algonquin apartment is the 2 Br / 2 Ba Model at Haber Pointe Apartments starting at $2,300 with a $2.09 price per square foot in the Waterford of Algonquin neighborhood. Here is today’s list of the best values for Waterford of Algonquin apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Riverwalk on Main | Ballard | 2BR,2BA | $2.36 |
Haber Pointe Apartments | 2 Br / 2 Ba | 2BR,2BA | $2.09 |
Eden Prairie Apartments | 2 Bed 1 Bath B Renovated | 2BR,1BA | $1.86 |
311 Barrington Ave Lofts | 1 Bed Room | 1BR,1BA | $1.75 |
Algonquin Square Apartment Homes | The Cornish | 1BR,1BA | $2.34 |
Randall Village | The Chagall | 1BR,1BA | $2.01 |
Watermark at The Grove | 1.1C | 1BR,1BA | $2.75 |
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Frequently Asked Questions about Waterford of Algonquin
What type of rentals are currently available in Waterford of Algonquin?
There are currently 27 Apartments for Rent in Waterford of Algonquin, IL with pricing that ranges from $1,185 to $5,216. There are also 21 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterford of Algonquin ranging from $1,375 to $4,100.
What is the current price range for Rental Homes in Waterford of Algonquin?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Waterford of Algonquin ranges from $1,375 to $4,100 with an average monthly rent of $2,547.
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.