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 June 2026, the average rent in Algonquin, IL is $2,498 per month, which is 28% higher than the national average rent of $1,951 per month.
AVERAGE RENT
$2,498
-3.7%-$97 decrease month-over-month
8.6%$198 increase year-over-year
AVAILABLE RENTALS
19
APARTMENTS
HOUSES
TOWNHOUSES
As of June 2026, apartments are the most affordable rental option in Algonquin, IL at $1,736 per month, while houses are the most expensive at $3,000 per month. Townhomes average $2,675 per month, offering a mid-range alternative for renters.
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,929 |
| 2 Bedrooms | $2,411 |
| 3 Bedrooms | $2,800 |
| 4 Bedrooms | $3,000 |
| All | $2,498 |
As of June 2026, the average rent for a 1 bedroom rental in Algonquin, IL is $1,929 per month, followed by $2,411 for a 2 bedroom rental, $2,800 for a 3 bedroom rental, and $3,000 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $2,500 |
| 3 Bedrooms | $2,800 |
| 4 Bedrooms | — |
| All | $2,675 |
As of June 2026, the average rent for a 2 bedroom townhome in Algonquin, IL is $2,500 per month, followed by $2,800 for a 3 bedroom townhome.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,200 |
| 2 Bedrooms | $2,300 |
| 3 Bedrooms | $2,650 |
| 4 Bedrooms | — |
| All | $1,200 |
As of June 2026, the average rent for a 1 bedroom apartment in Algonquin, IL is $1,200 per month, followed by $2,300 for a 2 bedroom apartment, and $2,650 for a 3 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | — |
| 3 Bedrooms | $2,000 |
| 4 Bedrooms | $3,000 |
| All | $3,000 |
As of June 2026, the average rent for a 3 bedroom house in Algonquin, IL is $2,000 per month, followed by $3,000 for a 4 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has increased by +15% compared to the previous year, which is a +$340 increase.
This year (2026)
Last year (2025)
Rent distribution
59% of rentals have rent of $2,200-$2,999/month
Rental price range
The price range for rentals is $1,200 to $4,994.