What's the average rent in Algonquin, IL?
Rental Market Trends in Algonquin, IL
Choose another city
SOURCE: TRULIA DATA
Rental market highlights
As of August 2026, the average rent in Algonquin, IL is $2,489 per month, which is 27% higher than the national average rent of $1,965 per month.
AVERAGE RENT
$2,489
1.6%$40 increase month-over-month
3.8%$91 increase year-over-year
AVAILABLE RENTALS
19
APARTMENTS
HOUSES
TOWNHOUSES
As of August 2026, apartments are the most affordable rental option in Algonquin, IL at $1,696 per month, while houses are the most expensive at $2,850 per month. Townhomes average $2,595 per month, offering a mid-range alternative for renters.
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,350 |
| 2 Bedrooms | $2,413 |
| 3 Bedrooms | $2,595 |
| 4 Bedrooms | $4,300 |
| All | $2,489 |
As of August 2026, the average rent for a 1 bedroom rental in Algonquin, IL is $1,350 per month, followed by $2,413 for a 2 bedroom rental, $2,595 for a 3 bedroom rental, and $4,300 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $2,300 |
| 3 Bedrooms | $2,595 |
| 4 Bedrooms | — |
| All | $2,595 |
As of August 2026, the average rent for a 2 bedroom townhome in Algonquin, IL is $2,300 per month, followed by $2,595 for a 3 bedroom townhome.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,175 |
| 2 Bedrooms | — |
| 3 Bedrooms | — |
| 4 Bedrooms | — |
| All | $1,200 |
As of August 2026, the average rent for a 1 bedroom apartment in Algonquin, IL is $1,175 per month.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | — |
| 3 Bedrooms | $2,500 |
| 4 Bedrooms | $4,300 |
| All | $2,850 |
As of August 2026, the average rent for a 3 bedroom house in Algonquin, IL is $2,500 per month, followed by $4,300 for a 4 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has increased by +4% compared to the previous year, which is a +$102 increase.
This year (2026)
Last year (2025)
Rent distribution
47% of rentals have rent of $2,200-$2,999/month
Rental price range
The price range for rentals is $875 to $4,910.
