Apartments in Algonquin

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17
$1,555 - 2,714
2400 Millbrook Dr Algonquin, IL
1 - 2 BR | Available Now
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Apartments near Algonquin, IL

30 Results
66
$1,737 - 7,122
555 W Kinzie St Chicago, IL
Studio - 3 BR | Available Now
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32
$1,579 - 2,623
401 James Ave Bolingbrook, IL
Studio - 2 BR | Available Now
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35
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$2,165 - 6,966
680 E Algonquin Rd Schaumburg, IL
1 - 2 BR | Available Now
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45
$6,000
2185 Marriott Dr West Dundee, IL
Studio | Available Now
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47
$1,145 - 2,325
2000 2280 Hassell Rd. Hoffman Estates, IL
Studio - 3 BR | Available Now
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39
$6,000
2000 N Roselle Rd Schaumburg, IL
Studio | Available Now
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49
$6,000
51 E State Pkwy Schaumburg, IL
Studio | Available Now
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1
Call for Pricing
917 Croodestick Court Crystal Lake, IL
Studio - 3 BR | Available Now
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22
$1,807 - 5,331
1445 E Evergreen Dr Palatine, IL
1 - 2 BR | Available Now
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34
$1,739
1200 American Ln Schaumburg, IL
Studio | Available Now
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40
$1,725
1075 Lake St Hanover Park, IL
Studio | Available Now
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31
$1,949
2400 Golf Rd Rolling Meadows, IL
Studio | Available Now
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37
$1,609 - 2,994
2134 S Goebbert Road Arlington Heights, IL
1 - 3 BR | Available Now
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9
$1,250 - 1,350
1 N Dryden Place Arlington Heights, IL
1 BR | Available Now
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13
$1,789 - 3,799
Deal
450 Manda Lane Wheeling, IL
1 - 2 BR | Available Now
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0
$3,100
Elgin, IL
3 BR | Available Now
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33
$2,099
1181 Rohlwing Rd Itasca, IL
Studio | Available Now
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45
$2,099
1525 Busch Pkwy Buffalo Grove, IL
Studio | Available Now
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2
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825 N Fairfield Rd Round Lake, IL
Studio - 3 BR | Nov. 13, 2026
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30
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$1,725 - 2,695
4300 W Lake Ave Glenview, IL
1 - 3 BR | Available Now
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32
$1,499 - 2,165
830 Foxworth Blvd Lombard, IL
1 - 3 BR | Available Now
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39
3D Tour
$1,325 - 1,962
Deal
5.0
100 Fellows Ct Elmhurst, IL
Studio - 2 BR | Available Now
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32
$2,039
1201 E Touhy Ave Des Plaines, IL
Studio | Available Now
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38
$2,279
1207 E Touhy Ave Des Plaines, IL
Studio | Available Now
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1
$1,650 - 1,750
Cary, IL
2 BR | Available Now
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46
$1,677
5724 Northridge Dr Gurnee, IL
Studio | Available Now
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35
$1,500 - 2,319
2800 Pontiac Dr Aurora, IL
1 - 2 BR | Available Now
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39
$2,069
550 W Grand Ave Elmhurst, IL
Studio | Available Now
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31
3D Tour
$1,956 - 21,351
808 S Michigan Ave Chicago, IL
Studio - 4 BR | Available Now
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24
$1,730 - 3,882
2720 S. Highland Ave Lombard, IL
1 - 2 BR | Available Now
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  1. Home
  2. Algonquin

How much does it cost to rent an apartment in Algonquin?

Algonquin Apartments
Bed Type Average Rent Range
1BR $1,660 $1,560 - $1,710
2BR $2,690 $2,670 - $2,710

Neighborhoods

Search Cities Near Algonquin, IL

Algonquin:
December Rent Report

Welcome to the December 2024 Algonquin Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the December 2024 key findings and figures for the Algonquin rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Algonquin and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Algonquin average rent prices in the chart below.

Monthly Rent Report

$2,800
$2,100
$1,400
$700
$0
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
1 BR       2 BR

Algonquin Rent Prices Decrease From November to December

Algonquin rent prices decreased over the last month. From November to December, the city experienced a 0.0% decrease for the price of a one-bedroom apartment. The rent price for a Algonquin one-bedroom apartments currently stands at $1,834.0.

When we take a look at the two-bedroom comparison from November to December, Algonquin experienced a 0.0% decrease for the price of a two-bedroom apartment. The rent price for a Algonquin two-bedroom apartments currently stands at $2,708.0.

December Prices: Algonquin vs. Surrounding Areas

Rent Prices in Algonquin and Surrounding Areas

Rent prices have decreased in Algonquin over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Algonquin suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Algonquin suburbs

  • Rents did not decrease in any of the Algonquin suburbs.

December 2024 Pricing Trends: Algonquin vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,134
$3,160
$2,389
$2,353
$1,914
$1,318
$1,255
$1,234
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Algonquin Rent Prices More Affordable Than Major Cities

Rent growth in Algonquin over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Algonquin average rent prices appear to be relatively affordable for local residents.

The price for a Algonquin one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Algonquin and surrounding area rent prices, take a look at the complete data set below.

Data set for Algonquin and suburbs

1 BR December 1 BR M/M % Change 2 BR December 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.