Last updated on August 22, 2026

Average rent in
Algonquin, IL

Median rent

Median rent in Algonquin

$2,495/mo

increased by14%

vs previous year

The average rent in Algonquin is $2,495 per month as of August 2026. This is 30% above the national average rent, or $570 more per month.

$1.64

average price per square foot

Total rentals

Available rentals in Algonquin

13

for rent on Zumper.com as of August 2026

Rent price distribution

Share of Algonquin rentals at each price point

70%53%35%18%0%
$0 - $1,500
$1,501 - $3,000
$3,001 - $4,500
$4,501 - $6,000
$6,001 - $50,000

This report has limited data.Due a shortage of data for this selected bedroom and/or property type in Algonquin, IL, in the last 30 days, rent estimates may not represent the actual market.

Rent trends in Algonquin, IL

Average rent prices in Algonquin have increased by 4% over the last month and have increased by 14% 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 $1,895, whereas a house costs $2,495. 1-bedroom apartments in Algonquin run $1,835 on average, while 2-bedroom apartments are $1,970.

Listings

Studio

$250

-

-

1 bedroom

$1,725

3%

-

2 bedroom

$1,950

1%

5%

3 bedroom

$2,550

1%

15%

4 bedroom

$3,700

5%

10%

Studio

Average rent

$250

1 bedroom

Average rent

$1,725

Last 30 days

3%

2 bedroom

Average rent

$1,950

Last 30 days

1%

Last year

5%

3 bedroom

Average rent

$2,550

Last 30 days

1%

Last year

15%

4 bedroom

Average rent

$3,700

Last 30 days

5%

Last year

10%

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$2,495
increased by30%

higher than the national median

Median rent price$2,400
increased by25%

higher than the national median

Takeaway

The median rent for all rentals in Algonquin, IL is 4% higher 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

1212 Stratford Ln - Photo 1 of 1

5d+ ago

House for rent in Algonquin

3 beds

2 baths

$2,300

House for rent

Available Jul 6

24 Cedar Grove Ct - Photo 1 of 1

2d ago

Townhouse for rent in Algonquin

Residential Lease, Algonquin, IL

24 Cedar Grove Ct, Algonquin, IL 60102

3 beds

2.5 baths

$2,495

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 $2,495 per month as of August 22, 2026.

Is rent up or down in Algonquin?

Average rent prices in Algonquin have increased by 4% over the last month and have increased by 14% since last year.

How does Algonquin rent compare to the national average?

Rent in Algonquin is 30% above the national average, which means renters are paying approximately $570 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 $100,000/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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