3

Algonquin, IL Houses for Rent

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  • /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
  • /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
  • /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

Frequently Asked Questions

How much does it cost to rent a single-family home in Algonquin, IL?
The median rent for a single-family home in Algonquin, IL is $2,573 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 $99,960 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 $2,499 per month in Algonquin, IL, renters typically need to show $7,497 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.

Rental Home Trends in Algonquin, IL

Rental Home Trends

Number of Houses for Rent
3
Median Single Family Home Rent
$2,573
Median 3 Bedroom Single Family Home Rent
$2,600
Median 4 Bedroom Single Family Home Rent
$3,000
How to Rent a Home