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Algonquin, IL Homes for Rent

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  • /135

    Starting at $2,550 Per Month

    • 1 - 2 Beds

    1 N Main St, Algonquin, IL 60102

    1 N. Main Street is where all of Algonquins excitement begins. Surrounding our luxury community are lush parks, scenic rivers, and legendary local establishments. Find the space for you with our expansive one and two-bedroom floor plans, ranging from 920 to 1,820 square feet. Call Riverwalk on Main homeapply today!

    Riverwalk on Main

    (224) 802-3659

    1 N Main St, Algonquin, IL 60102
  • /15

    Starting at $1,912

    Total Monthly Price

    • Studio - 3 Beds

    400 N Randall Rd, West Dundee, IL 60118

    Discover the ease of everyday living at Reserve Randall Road in West Dundee, IL. These studio, one-, two-, and three-bedroom apartment homes offer stylish touches like quartz countertops, stainless steel appliances, and vinyl plank flooring, with large closets and an in-home washer and dryer for added convenience. Whether you're relaxing in your soaking tub, grilling out with friends, or enjoying

    Reserve Randall Road

    (224) 802-3101

    400 N Randall Rd, West Dundee, IL 60118
  • /20

    Starting at $1,767 Per Month

    • 1 - 2 Beds

    2400 Millbrook Dr, Algonquin, IL 60102

    Come home to Algonquin Square! Our pet friendly community offers a state of the art resident clubhouse featuring a community kitchen, health and fitness center, and outdoor heated pool. Quality interior finishes include sleek granite countertops, resilient wood plank flooring, and warm neutrals. Plus, our one, two and two bedroom with den apartment homes offer a full size washer and dryer and a

    Algonquin Square Apartment Homes

    (815) 893-3789

    2400 Millbrook Dr, Algonquin, IL 60102
  • /20

    $2,890 Per Month

    • 1 Bed
    • 1 Bath
    • 725 Sq Ft
    • Condo for Rent

    300 State St, Lake in the Hills, IL 60102

    Property Id: 1184348Heart of downtown 1 bed 1 bath condo is located in Marina City on the State street on the river. It is just renovated completed with new kitchen and bathroom and fresh painted living room and bedroom. Brand new unit with brand new stainless appliances. Brand new washer and dryer are in the unit as well. New unit that you will love it every corner and details. You will

    (224) 249-6034

    300 State St, Lake in the Hills, IL 60102
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    $1,650

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 1,785 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
  • /16

    $2,600 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,610 Sq Ft
    • Townhouse for Rent

    Unlisted Address

    Conveniently Location near Algonquin Commons and all amenities that Randall Road corridor offers. This well maintain Townhome backs to an open area for you to enjoy the patio. Kitchen has 42" tall cabinets, and the adjacent Dining area leads to patio. All appliances included. This Amethyst model has 2nd floor laundry room. The Master bedroom has two closets and an attached bath. This end unit

    Nilesh Thakker Ample Realty Group

    Unlisted Address
  • /24

    $2,290 Per Month

    • 3 Beds
    • 1 Bath
    • 1,199 Sq Ft
    • House for Rent

    302 Pocahontas Trail, Lake in the Hills, IL 60156

    Apply now or schedule your self-tour today and take the first step toward getting more than just a place to live. Rent with FirstKey Homes for a home that's right for you, plus professional service and maintenance, innovative resident programs, and more… that's the power of purple!This 3-bedroom, 1-bathroom rental home in Lake In The Hills, IL, could be just what you’re looking for. Relax

    302 Pocahontas Trail, Lake in the Hills, IL 60156
  • /7

    $2,400 Per Month

    • 2 Beds
    • 2 Baths
    • 1,879 Sq Ft
    • Townhouse for Rent

    Unlisted Address

    Beautiful Townhome with open floor plan. This conveniently located home is ready for your clients starting June 1st. Gorgeous huge Kitchen with tall cabinets and lots of storage. Expansive breakfast bar adjacent to dining area leading to a deck overlooking open space. Kitchen with stainless steel appliances, lots of counter space and Skylights. Great room with cozy fireplace and built in TV area

    Nilesh Thakker Ample Realty Group

    Unlisted Address
  • /25

    $2,600 Per Month

    • 2 Beds
    • 2 Baths
    • 1,250 Sq Ft
    • House for Rent

    2712 Ridge Ave, Algonquin, IL 60102

    Loaded with character and charm, this riverfront retreat sits along the Fox River, offering exceptional views of the Trout Valley marina, clubhouse, and polo fields. Designed in an A-frame, chalet style, the home is thoughtfully positioned to capture unobstructed river views from most rooms. Inside, you'll find vaulted ceilings, refinished hardwood floors, fresh paint, and new carpeting

    Shannon Bremner Keller Williams Success Realty

    2712 Ridge Ave, Algonquin, IL 60102
  • /11

    $2,595 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,594 Sq Ft
    • Townhouse for Rent

    1455 Millbrook Dr, Algonquin, IL 60102

    PERFECTLY LOCATED TO EVERYTHING: SHOPPING,GROCERIES,RESTAURANTS,JACOB HIGH SCHOOL & EXPRESSWAY. BEAUTIFUL END UNIT TOWNHOUSE RENTAL AVAILABLE NOW. THE TOWNHOUSE HAS 2 CAR GARAGE BACKING TO WETLANDS! RECENTLY PAINTED AND ALMOST NEW CARPET THROUGHOUT.1ST FLOOR OFFERS LIVING ROOM , POWDER ROOM , FULLY APPLIANCED KITCHEN WITH 42 INCH CABINETS,GREAT AMOUNT OF COUNTER SPACE,EXTRA STORAGE/PANTRY,DINETTE

    Archana Kishore Baird & Warner

    1455 Millbrook Dr, Algonquin, IL 60102
  • /8

    $1,550 Per Month

    • 2 Beds
    • 1 Bath
    • 700 Sq Ft
    • Condo for Rent

    10 Arrowhead Dr Unit 2, Algonquin, IL 60102

    Nice and clean unit on 2nd level with 2 bedrooms and 1 bath. Upgraded and well maintained. Fresh painted with the white kitchen cabinets and stainless steel appliances, granite countertops. No security deposit. Move in fee $500 non refundable. Must see !!!

    Agnes Zak Coldwell Banker Real Estate Group

    10 Arrowhead Dr Unit 2, Algonquin, IL 60102
  • /47

    $3,500 Per Month

    • 4 Beds
    • 2.5 Baths
    • 1,600 Sq Ft
    • House for Rent

    1037 N Harrison St, Algonquin, IL 60102

    Impeccably maintained Brick Ranch on Large Riverfront Lot with Docks, Sand Beach, & Brick Paver Patio for outdoor entertainment. The manicured lawn looks like a park and the lawn maintenance is included! Enjoy the Beauty and Peace you receive while you watch the river flow by. New Primary Suite Addition with a Primary Bath that offers both a shower and a free standing tub and a walk-in closet! On

    Kate Schumacher Baird & Warner Real Estate - Algonquin

    1037 N Harrison St, Algonquin, IL 60102
  • /6

    $1,550 Per Month

    • 2 Beds
    • 1 Bath
    • 700 Sq Ft
    • Apartment for Rent

    20 Arrowhead Dr Unit 12, Algonquin, IL 60102

    Super clean unit with 2 bedrooms and 1 bath. Upgraded and well maintained. Fresh paint with the white kitchen cabinets and stainless steel appliances, granite countertop. No security deposit. Move in fee $500 non refundable. Must see!!!

    Agnes Zak Coldwell Banker Real Estate Group

    20 Arrowhead Dr Unit 12, Algonquin, IL 60102
  • /26

    $2,400 Per Month

    • 2 Beds
    • 2.5 Baths
    • 1,569 Sq Ft
    • Townhouse for Rent

    2232 Dawson Ln Unit 296, Algonquin, IL 60102

    Perfect location for this updated end unit townhome with private views, biking and walking paths, shopping, etc. ~ Kitchen with breakfast bar / all appliances ~ Breakfast area with sliders leading to the deck ~ Open floor plan with skylines making the family room bright and airy~Master Bedroom with full bath ~ Generous sized secondary bathroom ~ Spacious English basement with full bath and corner

    Sharon Gidley RE/MAX Suburban

    2232 Dawson Ln Unit 296, Algonquin, IL 60102
  • /15

    $2,550 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,594 Sq Ft
    • Townhouse for Rent

    1447 Millbrook Dr, Algonquin, IL 60102

    Executive rental located in desired Millbrook of Algonquin! Steps away from Premier Randall Rd shopping corridor. This fantastic end unit features open and spacious layout with Liv. Rm w/stone fireplace, Large kitchen with tons of cabinet and counter space, large Dining area overlooking the patio & private views. The upper level features a large Master suite with 2 walk in closets and full Bath

    Dorthy Pastorelli Compass

    1447 Millbrook Dr, Algonquin, IL 60102

Why Live in Algonquin

Algonquin, IL, known as “The Gem of the Fox River Valley,” is a village northwest of downtown Chicago with a population of just under 30,000. Historically a retreat for Chicago residents, Algonquin has evolved while maintaining its small-town charm. The revitalized downtown area, referred to as Old Town, features locally owned shops and restaurants along the river, enhanced by recent investments in infrastructure and public amenities. The retail sector on Randall Road has expanded significantly, with shopping centers like Algonquin Commons and Algonquin Galleria Center offering various attractions. Housing in Algonquin is relatively affordable compared to nearby suburbs, with a median home price of $413,000 as of late 2024. The village hosts community events such as Algonquin Founders’ Days in July and Miracle on Main in December, fostering a strong sense of community. Parks like Riverfront Park and Cornish Park provide scenic views and recreational opportunities, while Towne Park is undergoing renovations to include new features like a bandshell. Public school students attend highly rated institutions, including Community Unit School District 300, Harry Jacobs High School, and Consolidated School District 158. Although public transportation within Algonquin is limited, the Pace bus line connects residents to the Crystal Lake Metra station for convenient access to downtown Chicago.

Frequently Asked Questions

How much does it cost to rent a home in Algonquin, IL?
The median rent for a home in Algonquin, IL is $2,550 per month, though prices vary by neighborhood, size, and property type. As of May 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 $102,000 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 $2,550 per month in Algonquin, IL, renters typically need to show $7,650 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 15.7, 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 home?
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 home include Far West Algonquin, Del Webbs Sun City, Northeast Elgin and Cobblers Crossing, each with its own character and price range.

Rental Home Trends in Algonquin, IL

Rental Home Trends

Number of Homes for Rent
15
Median Rent
$2,550
Median Single Family Home Rent
$2,595
Median Townhouse Rent
$2,395
Median Condo Rent
$2,100
How to Rent a Home