Algonquin, IL Condos for Rent

/12
$1,350 Per Month
- 1 Bed
- 1 Bath
- 700 Sq Ft
- Condo for Rent
10 Arrowhead Dr Unit 5, Algonquin, IL 60102

Beautifully Remodeled 1 Bedroom, 1 Bath Condo-Style Apartment Just Minutes From Downtown Algonquin And The Fox River. This Move-In Ready Unit Features Fresh Paint, White Kitchen Cabinets, Granite Countertops, And Stainless Steel Appliances. Bright, Clean, And Well Maintained Throughout. Enjoy A Prime Location Near Historic Downtown Algonquin With Popular Dining Including Port Edward Restaurant,

Jim Silva Five Star Realty, Inc

10 Arrowhead Dr Unit 5, Algonquin, IL 60102
Explore Algonquin
/14
$2,295 Per Month
- 3 Beds
- 2.5 Baths
- 1,553 Sq Ft
- Condo for Rent
6513 Marble Ln Unit 6513, Carpentersville, IL 60110

LOCATION! LOCATION! LOCATION! Available 9/1/26, this beautiful end-unit townhome overlooks open green space and offers a bright, open floor plan filled with natural light. Fresh neutral decor and newer LVP flooring on the main level provide the perfect backdrop for any style. The spacious kitchen features abundant cabinet and counter space and opens to the dining and living areas, making

Rick O'Connor Realty Executives Cornerstone

6513 Marble Ln Unit 6513, Carpentersville, IL 60110

Illinois McHenry County

Frequently Asked Questions

How much does it cost to rent a condo in Algonquin, IL?

The median rent for a condo in Algonquin, IL is $2,100 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.

How much do you need to make to afford rent in Algonquin, IL?

To comfortably afford the median rent in Algonquin, IL, a household needs to earn roughly $111,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,775 per month in Algonquin, IL, renters typically need to show $8,325 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.

Is it more affordable to rent or buy in Algonquin, IL?

In Algonquin, IL, the price-to-rent ratio is 13.0, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

What neighborhoods in Algonquin, IL are best for renting a condo?

The best neighborhood for renting in Algonquin, IL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include West Schaumburg, Reseda and Downtown Palatine, each with its own character and price range.

Condo Rental Trends in Algonquin, IL

There are currently 2 condos available for rent in Algonquin, IL. The median rent is $2,100 per month, with 1-bedroom condos renting at $1,350 and 2-bedroom condos at $2,150.

Rental Home Trends

Number of Condos for Rent 2	Median Condo Rent $2,100
Median 1 Bedroom Condo Rent $1,350	Median 2 Bedroom Condo Rent $2,150

How to Rent a Home

Rentals in Algonquin

Condos for Rent by Bedrooms in Algonquin

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