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Newest Homes for Rent in Algonquin, IL

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  • /15

    Starting at $1,845

    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
  • /135

    Starting at $2,400 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
  • /20

    Starting at $1,897 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
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    $1,800 Per Month

    • 2 Beds
    • 1 Bath
    • 1,145 Sq Ft
    • Townhouse for Rent

    18 Madison St, Algonquin, IL 60102

    Welcome to 18 Madison Street! This generously sized upper unit features 2 spacious bedrooms, 1 full bath, a large eat-in kitchen, separate dining room, and ample living space. Thoughtfully designed storage area and a shared basement with laundry ensure space is never an issue. Additional highlights include a garage space, plus a wide driveway for added convenience. Situated in the heart of

    Christie Gabriel Keller Williams Inspire

    18 Madison St, Algonquin, IL 60102
  • /10

    $2,150 Per Month

    • 3 Beds
    • 2 Baths
    • 1,000 Sq Ft
    • Townhouse for Rent

    1010 Wesley Ln, Algonquin, IL 60102

    Beautiful townhome with 3 bedrooms and 2 full baths. The property features luxury vinyl flooring, white shaker cabinets, granite countertops and stainless appliances. 2 bedroom and a laundry room are located on the 2nd floor. 1st floor bedroom/office opens to the open concept living room. The private backyard is fenced in and boasts a gazebo and large deck. Minimum 700 credit score.

    1010 Wesley Ln, Algonquin, IL 60102
  • /34

    $2,000 Per Month

    • 3 Beds
    • 1 Bath
    • 1,000 Sq Ft
    • House for Rent

    1104 Isabel Ave, Algonquin, IL 60102

    Welcome to this well-maintained 3-bedroom, 1-bath ranch-style home located on a quiet private road just off Algonquin Road. Offering approximately 1,000 square feet of comfortable living space, this home combines convenience, privacy, and a desirable location.The home features a bright and inviting layout with large windows and southeast exposure that fill the space with natural light

    1104 Isabel Ave, Algonquin, IL 60102
  • /21

    $2,995 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,474 Sq Ft
    • Townhouse for Rent

    973 Old Oak Cir, Algonquin, IL 60102

    Welcome to one of the largest floorplans in the neighborhood! This impressive 3 Bed 2.5 bath with 2 car garage townhome was built with exceptional quality and offers an abundance of space & natural light. Real hardwood floors throughout. Built in fireplace! Kitchen with 42" cabinets, granite counters, glass backsplash and ALL stainless steel appliances. Modern and neutral paint throughout the

    Bob Raczka Illinois Star, Ltd. REALTORS

    973 Old Oak Cir, Algonquin, IL 60102
  • /17

    $2,950

    Total Monthly Price

    • 3 Beds
    • 2.5 Baths
    • 1,847 Sq Ft
    • Townhouse for Rent

    2945 Talaga Dr, Algonquin, IL 60102

    Welcome home to this spacious and well-maintained 3-bedroom, 2.5-bath townhome located in a quiet and desirable Algonquin neighborhood.Featuring over 1,800 square feet of finished living space, this home offers the perfect blend of comfort, convenience, and style.The main level boasts a new kitchen with stainless steel appliances, ample cabinet space, granite countertops and a

    2945 Talaga Dr, Algonquin, IL 60102
  • /25

    $2,300 Per Month

    • 2 Beds
    • 2 Baths
    • 1,861 Sq Ft
    • Condo for Rent

    2614 Loren Ln Unit 292, Algonquin, IL 60102

    WELCOME TO THIS STUNNING, RARELY AVAILABLE END-UNIT CONDO IN THE DESIRABLE CANTERBURY PLACE SUBDIVISION OF ALGONQUIN! | THIS MASSIVE, SUN-DRENCHED UPPER-LEVEL RANCH HAS 1,861 SQUARE FEET OF LUXURIOUS LIVING SPACE AND FEATURES REFRESHING CATHEDRAL CEILINGS AND BRIGHT SKYLIGHTS THROUGHOUT | THE EXPANSIVE OPEN-CONCEPT GREAT ROOM OFFERING CUSTOM DETAIL AND A COZY GAS FIREPLACE FLOWS SEAMLESSLY INTO A

    Bob Panek CENTURY 21 New Heritage

    2614 Loren Ln Unit 292, Algonquin, IL 60102
  • /30

    $2,800 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,764 Sq Ft
    • Townhouse for Rent

    2244 Stonegate Rd, Algonquin, IL 60102

    Be the first to rent this brand new three level townhome with lots of upgrades. Dramatic open floor plan with cathedral ceilings, three bedrooms, two and a half baths, attached two car garage, convenient access to I-90, Randall Road shopping, Westfield school, and walking trails. No pets please and no smokers.

    Sharon Gidley RE/MAX Suburban

    2244 Stonegate Rd, Algonquin, IL 60102
  • /31

    $2,800 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,764 Sq Ft
    • Townhouse for Rent

    2252 Stonegate Rd, Algonquin, IL 60102

    Be the first to rent this brand new three level townhome with lots of upgrades. Dramatic open floor plan with cathedral ceilings, three bedrooms, two and a half baths, attached two car garage, convenient access to I-90, Randall Road shopping, Westfield school, and walking trails. No pets please and no smokers.

    Sharon Gidley RE/MAX Suburban

    2252 Stonegate Rd, Algonquin, IL 60102
  • /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
  • /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
  • /19

    $2,825

    Total Monthly Price

    • 3 Beds
    • 2.5 Baths
    • 1,551 Sq Ft
    • House for Rent

    560 S Annandale Dr, Lake in the Hills, IL 60156

    Now offering 22-month leases. Sign today and lock in today’s low rate for the next 22 months! Offer valid for new applicants who sign a 22-month lease by June 30th, 2026. Base rent will remain at the 12-month lease rate for the duration of the 22-month term. Offer is contingent on application approval and execution of a lease agreement. Other terms and conditions may apply. This property is

    (224) 348-7594

    560 S Annandale Dr, Lake in the Hills, IL 60156

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 $2,500 per month, though prices vary by neighborhood, size, and property type. As of June 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 $100,000 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 $2,500 per month in Algonquin, IL, renters typically need to show $7,500 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 16.0, 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 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, Willow Lake Estates, Northeast Elgin, Far West Elgin and Cobblers Crossing, each with its own character and price range.

Rental Trends in Algonquin, IL

Rental Home Trends

Number of Homes for Rent
14
Median Rent
$2,500
Median Single Family Home Rent
$2,600
Median Townhouse Rent
$2,673
Median Condo Rent
$2,150
How to Rent a Home