Cheap Apartments for Rent in Algonquin, IL

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Apartments For Rent Near Algonquin, IL

We found 30 more apartments matching your filters just outside Algonquin

Average Rent Trends in Algonquin, IL

Rent in Algonquin, IL varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Aug 2026 compared to the previous month. Rent previously peaked in Feb 2025.
MonthAverage rent
Sep 2025$2,390
Oct 2025$2,460
Nov 2025$2,499
Dec 2025$2,500
Jan 2026$2,450
Feb 2026$2,265
Mar 2026$2,311
Apr 2026$2,550
May 2026$2,660
Jun 2026$2,550
Jul 2026$2,469
Aug 2026$2,500
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Average Rent By Bedroom and Home Type

In August 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$1,350$2,413$2,595$4,300$2,489
Townhomes—$2,300$2,595—$2,595
Apartments and Condos$1,175———$1,200
Houses——$2,500$4,300$2,850
See more information about local market trends in Algonquin, IL

Frequently Asked Questions about Rentals in Algonquin, IL

  • What is the average rent of an apartment in Algonquin, IL?
    The average rent of an apartment in Algonquin, IL is $1,696 per month. This is about 14% lower than the national average.
  • When is the average rent cheapest in Algonquin, IL?
    In the last year, the average rent in Algonquin, IL was lowest in Jun 2025 when it was $2,210 per month.
  • When is the average rent most expensive in Algonquin, IL?
    In the last year, the average rent in Algonquin, IL was highest in Feb 2025 when it was $2,575 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in Algonquin, IL?
    The average rent of a 1 bedroom apartment in Algonquin, IL is $1,350 per month. That is about $475 more than the cost of a studio apartment.
  • How many available rental listings are in Algonquin, IL?
    There are 19 available rental listings in Algonquin, IL.
  • What are some zip codes in Algonquin, IL?
    Algonquin, IL includes zip codes such as: 60102.
  • What are some cities near Algonquin, IL?
    Some nearby cities include: Carpentersville, Lake in the Hills, Trout Valley, West Dundee, Sleepy Hollow. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en Algonquin, IL - 86 Rentas | Trulia