What's the average rent in Algonquin, IL?

Rental Market Trends in Algonquin, IL

SOURCE: TRULIA DATA

Rental market highlights

As of November 2026, the average rent in Algonquin, IL is $2,695 per month, which is 39% higher than the national average rent of $1,932 per month.

AVERAGE RENT

$2,695

2.7%$70 increase month-over-month

7.8%$195 increase year-over-year

AVAILABLE RENTALS

APARTMENTS

$1,793

HOUSES

$3,500

TOWNHOUSES

$2,770

As of November 2026, apartments are the most affordable rental option in Algonquin, IL at $1,793 per month, while houses are the most expensive at $3,500 per month. Townhomes average $2,770 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$1,828
2 Bedrooms	$2,435
3 Bedrooms	$2,700
4 Bedrooms	$3,750
All	$2,695

As of November 2026, the average rent for a 1 bedroom rental in Algonquin, IL is $1,828 per month, followed by $2,435 for a 2 bedroom rental, $2,700 for a 3 bedroom rental, and $3,750 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$2,550
3 Bedrooms	$2,770
4 Bedrooms	—
All	$2,770

As of November 2026, the average rent for a 2 bedroom townhome in Algonquin, IL is $2,550 per month, followed by $2,770 for a 3 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$1,622
2 Bedrooms	$1,600
3 Bedrooms	$1,900
4 Bedrooms	$2,400
All	$1,622

As of November 2026, the average rent for a 1 bedroom apartment in Algonquin, IL is $1,622 per month, followed by $1,600 for a 2 bedroom apartment, $1,900 for a 3 bedroom apartment, and $2,400 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$2,000
3 Bedrooms	$2,500
4 Bedrooms	$3,750
All	$3,500

As of November 2026, the average rent for a 2 bedroom house in Algonquin, IL is $2,000 per month, followed by $2,500 for a 3 bedroom house, and $3,750 for a 4 bedroom house.