Updated 3 Days Ago
Highlights
Pet Friendly
Location
706 E Algonquin Rd #204, Arlington Heights, IL 60005, USA
Contact
Nearby rentals
Property management
Apartments for rent ChicagoApartments for rent LakeviewApartments for rent Near North SideApartments for rent Near West SideApartments for rent Rogers ParkApartments for rent UptownApartments for rent LoopApartments for rent EdgewaterApartments for rent Logan SquareApartments for rent Lincoln SquareApartments for rent Lincoln ParkApartments for rent South LoopApartments for rent EvanstonApartments for rent Hyde ParkApartments for rent West TownApartments Near Me
Houses for rent ChicagoHouses for rent KenoshaHouses for rent PalatineHouses for rent Oak ParkHouses for rent Arlington HeightsHouses for rent SchaumburgHouses for rent DeerfieldHouses for rent Forest ViewHouses for rent NapervilleHouses for rent LisleHouses for rent AuroraHouses for rent SkokieHouses for rent WoodridgeHouses for rent LibertyvilleHouses for rent Des PlainesHouses for rent near me
Property Overview
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
High school nearby- More space
- Less expensive
Great for
Pet owners
Amenities for 706 E Algonquin Rd #204
Features
| Air Conditioning | Fireplace |
| Hardwood Floor | Utilities Included |
Appliances
| Dishwasher | In-Unit Laundry |
Community
| Cats OK | Dogs OK |
Grounds
| Assigned Parking | Outdoor Space |
| Storage | Swimming Pool |
Services
| On-Site Management | Package Service |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Parking Policy
Assigned Parking
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Building details
Property details
| Lease terms | 12+ months |
|---|
About 706 E Algonquin Rd #204
Bright 2-bedroom, 2-bath condo at 706 E Algonquin Rd, Arlington Heights - Unit 204 featuring a comfortable layout with a fireplace, in-unit washer and dryer, dishwasher, refrigerator, range/oven, and additional storage space. Rent: $1950/month Security Deposit: $1950 Lease Term: Minimum 12-month lease Included Utilities: Heat, water, sewer, and garbage. Parking: Two exterior/off-street parking spaces included. Additional parking may be available for rent, subject to availability and condo association/management approval and rules. Pet Policy: 1 pet allowed, up to 50 lbs $50/month additional pet rent Rental Requirements: Minimum 650 credit score Household gross income of at least 2.5× the monthly rent ($5,500/month) Conveniently located near shopping, restaurants, major roads, and other Arlington Heights amenities. Schedule your showing today! At Fridman Properties, we strive to provide an experience that is cost-effective and convenient. That’s why we provide a Resident Benefits Package (RBP) to address common headaches for our residents. Our program handles insurance, identity protection, pest control, air filter changes, utility set up, credit building, rent rewards and more at a rate of $55, month, added to every property. More details upon application. Total Monthly Payment (Rent + RBP)*: $2005 *If you provide your own insurance policy, the RBP cost will be reduced by the amount of the insurance premium billed by Second Nature Insurance Services (NPN No. 20224621).
Lease Terms
Minimum 12-month leaseProperty highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 706 East Algonquin Road, Arlington Heights, IL 60005, USA compares to other nearby properties.
Positives
- High school nearby
- There is a high school 0.4 miles away
- More space
- The 2-bedroom is 100 sqft larger than other listings nearby
- Less expensive
- Some rentals at this address are cheaper than similar listings nearby
- Fireplace
- In-unit features available
- Images available
- There are at least 10 photos of this address
- Package service
- More secure storage for delivery
- Pool
- Pool access available at this location
Considerations
- Greater distance from middle schools
- The nearest middle school is farther than 2.2 miles away
- Greater distance from grade schools
- The nearest elementary school is farther than 1.0 miles away
- Distance from transit
- More than 1.7 miles from public transportation
Address details
| Zip code | 60005 |
|---|---|
| Type | Condo for rent |
Get the latest listings anytime, anywhere
Receive similar listings in the area, download our app, and more.
Rent trends in Arlington Heights
2-bedroom apartments at 706 E Algonquin Rd #204 cost about 12% less than the average rent price for 2-bedroom apartments in Arlington Heights.
Median rents as of Oct 10 2026.
Arlington Heights
| Month | Median Rent |
|---|---|
| October 2024 | $1,925 |
| November 2024 | $1,973 |
| December 2024 | $1,888 |
| January 2025 | $2,089 |
| February 2025 | $2,187 |
| March 2025 | $2,080 |
| April 2025 | $2,005 |
| May 2025 | $1,995 |
| June 2025 | $2,010 |
| July 2025 | $1,961 |
| August 2025 | $1,941 |
| September 2025 | $1,965 |
| October 2025 | $2,119 |
| November 2025 | $1,883 |
| December 2025 | $1,880 |
| January 2026 | $1,861 |
| February 2026 | $1,922 |
| March 2026 | $2,054 |
| April 2026 | $2,064 |
| May 2026 | $2,254 |
| June 2026 | $2,308 |
| July 2026 | $2,316 |
| August 2026 | $2,270 |
| September 2026 | $2,233 |
| October 2026 | $2,227 |
Affordability calculator
Can I afford to live at 706 E Algonquin Rd #204?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$78,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $78,000 annually to afford this 2-bedrooms monthly rent price of $1,950.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Bath | |||||
|---|---|---|---|---|---|
| This month | $1,950 | 2 bed | 2 bath | ||
| Last month | $2,100 | 2 bed | 2 bath | ||
| 6 years ago | $1,150 | 2 bed | 1 bath | ||
| 6 years ago | $1,150 | 2 bed | 1 bath | ||
| 8 years ago | $1,230 | 2 bed | 1 bath | ||
| 12 years ago | $1,200 | 2 bed | 2 bath |
Schools near 706 E Algonquin Rd #204
John Jay Elementary School
1835 w pheasant trl
mount prospect, IL, 60056
K-5Public
B-
Holmes Junior High School
1900 w lonnquist blvd
mount prospect, IL, 60056
PK, 6-8Public
B
The Early Learning Center
1900 w lonnquist blvd
mt prospect, IL, 60056
PKPublic
Marletta Darnall Schaumburg Child & Family Center
725 east schaumburg rd
schaumburg, IL, 60194
PKPublic
Prairie Trails School
805 n burning bush ln
mt prospect, IL, 60056
PK, KPublic
Neighborhood
Getting around Arlington Heights near 706 E Algonquin Rd #204
Walking
5/10
Some shops and stores are within a few minutes.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
2/10
There are a few mass transit options within the area.
Points of interest for 706 E Algonquin Rd #204, Arlington Heights
Groceries
8/10
At least one supermarket within a 10-minute walk
Shopping
4/10
Several shops within walking distance
Cafes
4/10
Some cafés within a few minutes’ walk
Restaurants
5/10
Some restaurants within a few minutes’ walk
Primary schools
9/10
At least one elementary school within a 10-minute walk
High schools
7/10
At least one high school within a 15-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
2/10
Some bars within walking distance
Other units at this address
706 East Algonquin Road, Arlington Heights, IL
706 East Algonquin Road Arlington Heights, IL
Occupied
203
2 Beds
1 Bath
$1,150
Ceiling Fan • Assigned Parking • On-Site Laundry • Carpet • Air Conditioning • In-Unit Laundry
Compare similar properties nearby
Residences at Arlington Heights
Our team has verified this company2134 S Goebbert Rd
1–3 Beds
$1,569–$2,626
Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.- dogs and cats ok
- dishwasher
- air conditioning
Colonial Village Apartments
Our team has verified this company1640 Norwood Ave
1–2 Beds
$1,500–$1,800
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.- dogs and cats ok
- dishwasher
- air conditioning
21 Kristin
Our team has verified this company21 Kristin Dr
1–3 Beds
$1,579–$3,062
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.- dogs and cats ok
- dishwasher
- air conditioning
The Element
Our team has verified this company1550 Dempster St
1–3 Beds
$1,410–$2,500
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.- dogs and cats ok
- dishwasher
- air conditioning
Terraces of Elk Grove
Our team has verified this company908 Ridge Sq
1–2 Beds
$1,399–$2,855
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.- dogs and cats ok
- dishwasher
- air conditioning
Stonebridge of Arlington Heights
Our team has verified this company650 W Rand Rd
1–2 Beds
$1,699–$3,588
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.- dogs and cats ok
- dishwasher
- air conditioning
Flats at Gladstone
Our team has verified this company148 Gladstone Dr
2 Beds
$1,710–$1,875
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.- dogs and cats ok
- dishwasher
- air conditioning
- dogs and cats ok
- dishwasher
- air conditioning
Residences at Arlington Heights
Our team has verified this company2134 S Goebbert Rd
1–3 Beds
$1,569–$2,626
Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.- dogs and cats ok
- dishwasher
- air conditioning
Colonial Village Apartments
Our team has verified this company1640 Norwood Ave
1–2 Beds
$1,500–$1,800
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.- dogs and cats ok
- dishwasher
- air conditioning
21 Kristin
Our team has verified this company21 Kristin Dr
1–3 Beds
$1,579–$3,062
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.- dogs and cats ok
- dishwasher
- air conditioning
The Element
Our team has verified this company1550 Dempster St
1–3 Beds
$1,410–$2,500
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.- dogs and cats ok
- dishwasher
- air conditioning
Terraces of Elk Grove
Our team has verified this company908 Ridge Sq
1–2 Beds
$1,399–$2,855
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.- dogs and cats ok
- dishwasher
- air conditioning
Stonebridge of Arlington Heights
Our team has verified this company650 W Rand Rd
1–2 Beds
$1,699–$3,588
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.- dogs and cats ok
- dishwasher
- air conditioning
Flats at Gladstone
Our team has verified this company148 Gladstone Dr
2 Beds
$1,710–$1,875
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.- dogs and cats ok
- dishwasher
- air conditioning
- dogs and cats ok
- dishwasher
- air conditioning
