What's the average rent in Algonquin, IL?

Rental Market Trends in Algonquin, IL

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

$1,736

HOUSES

$3,000

TOWNHOUSES

$2,675
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 typeAverage 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.

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.
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