What's the average rent in Algonquin, IL?
Rental Market Trends in Algonquin, IL
SOURCE: TRULIA DATA
Rental market highlights
As of May 2026, the average rent in Algonquin, IL is $2,550 per month, which is 33% higher than the national average rent of $1,910 per month.
AVERAGE RENT
$2,550
-5.6%-$150 decrease month-over-month
10.9%$250 increase year-over-year
AVAILABLE RENTALS
16
APARTMENTS
HOUSES
TOWNHOUSES
As of May 2026, apartments are the most affordable rental option in Algonquin, IL at $1,824 per month, while houses are the most expensive at $3,500 per month. Townhomes average $2,695 per month, offering a mid-range alternative for renters.
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,900 |
| 2 Bedrooms | $2,300 |
| 3 Bedrooms | $2,700 |
| 4 Bedrooms | $3,500 |
| All | $2,550 |
As of May 2026, the average rent for a 1 bedroom rental in Algonquin, IL is $1,900 per month, followed by $2,300 for a 2 bedroom rental, $2,700 for a 3 bedroom rental, and $3,500 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $2,300 |
| 3 Bedrooms | $2,700 |
| 4 Bedrooms | — |
| All | $2,695 |
As of May 2026, the average rent for a 2 bedroom townhome in Algonquin, IL is $2,300 per month, followed by $2,700 for a 3 bedroom townhome.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $1,550 |
| 3 Bedrooms | — |
| 4 Bedrooms | — |
| All | $1,550 |
As of May 2026, the average rent for a 2 bedroom apartment in Algonquin, IL is $1,550 per month.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,800 |
| 2 Bedrooms | — |
| 3 Bedrooms | — |
| 4 Bedrooms | $3,500 |
| All | $3,500 |
As of May 2026, the average rent for a 1 bedroom house in Algonquin, IL is $1,800 per month, followed by $3,500 for a 4 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has increased by +2% compared to the previous year, which is a +$50 increase.
This year (2026)
Last year (2025)
Rent distribution
65% of rentals have rent of $2,200-$2,999/month
Rental price range
The price range for rentals is $1,550 to $4,000.
