Last updated on May 24, 2026

Average rent in
Algonquin, IL

Median rent

Median rent in Algonquin

$2,250/mo

decreased by4%

vs previous year

The average rent in Algonquin is $2,250 per month as of May 2026. This is 15% above the national average rent, or $300 more per month.

$1.94

average price per square foot

Total rentals

Available rentals in Algonquin

18

for rent on Zumper.com as of May 2026

Rent price distribution

Share of Algonquin rentals at each price point

90%68%45%23%0%
$0 - $1,500
$1,501 - $3,000
$3,001 - $4,500
$4,501 - $6,000
$6,001 - $50,000

Rent trends in Algonquin, IL

Average rent prices in Algonquin have increased by 6% over the last month and have decreased by 4% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Algonquin, IL

Rent prices in Algonquin vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Algonquin is $1,915, whereas a house costs $2,350. 1-bedroom apartments in Algonquin run $1,995 on average, while 2-bedroom apartments are $1,950.

Listings

Studio

$1,889

-

-

1 bedroom

$1,800

17%

-

2 bedroom

$2,226

5%

15%

3 bedroom

$2,550

1%

15%

4 bedroom

$3,700

No Change

45%

Studio

Average rent

$1,889

1 bedroom

Average rent

$1,800

Last 30 days

17%

2 bedroom

Average rent

$2,226

Last 30 days

5%

Last year

15%

3 bedroom

Average rent

$2,550

Last 30 days

1%

Last year

15%

4 bedroom

Average rent

$3,700

Last 30 days

No Change

Last year

45%

The table above reflects average rent prices in Algonquin, IL, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Algonquin, IL compare to other cities?

Compare median rent prices in Algonquin and Barrington by all bedroom counts and property types.

Algonquin

Median rent price$2,250
increased by15%

higher than the national median

Median rent price$2,350
increased by21%

higher than the national median

Takeaway

The median rent for all rentals in Algonquin, IL is 4% lower than the median rent in Barrington, IL.

Discover rentals in Algonquin, IL

20 Arrowhead Dr - Photo 1 of 1
No deposit

5d+ ago

House for rent in Algonquin

House for rent

10 Arrowhead Dr - Photo 1 of 1
No deposit

5d+ ago

House for rent in Algonquin

House for rent

530 Eagle Ridge Ln - Photo 1 of 1

2d ago

House for rent in Algonquin

SINGLE_FAMILY - Algonquin, IL

530 Eagle Ridge Ln, Algonquin, IL 60102

4 beds

2.5 baths

$3,000

House for rent

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Algonquin, IL

Quick answers to common questions about the Algonquin rental market.

How much is rent in Algonquin?

The average rent in Algonquin is $2,250 per month as of May 23, 2026.

Is rent up or down in Algonquin?

Average rent prices in Algonquin have increased by 6% over the last month and have decreased by 4% since last year.

How does Algonquin rent compare to the national average?

Rent in Algonquin is 15% above the national average, which means renters are paying approximately $300 more per month.

What salary do I need to afford rent in Algonquin?

To comfortably afford rent in Algonquin, you'd need to earn approximately $90,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

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