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
/11
$1,700

Total Monthly Price
- 1 Bed
- 1 Bath
- 1,800 Sq Ft
- Condo for Rent
1330 Braewood Dr Unit 1, Algonquin, IL 60102

Must love wildlife and quiet living. Lower level lake views. Open great room , huge kitchen , new bathroom. great storage. Shared utilities Credit and Background check paid by prospective tenant. NO prior evictions. No smoking or vaping. owner is a licensed agent

1330 Braewood Dr Unit 1, Algonquin, IL 60102

Illinois McHenry County Algonquin

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 July 2026, condos tend to be the most affordable option while single-family homes and townhouses 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 $98,480 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 $2,462 per month in Algonquin, IL, renters typically need to show $7,386 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 16.1, 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 South Hoffman Estates and South Schaumburg, 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

1 Bedroom Condos for Rent in Algonquin

More About Living in Algonquin

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