Last updated on October 7, 2026

Average rent in
Algonquin, IL

Median rent

Median rent in Algonquin

$2,450/mo

decreased by11%

vs previous year

The average rent in Algonquin is $2,450 per month as of October 2026. This is 29% above the national average rent, or $550 more per month.

$1.47

average price per square foot

Total rentals

Available rentals in Algonquin

17

for rent on Zumper.com as of October 2026

Rent price distribution

Share of Algonquin rentals at each price point

65%49%33%16%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 11% 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 $1,835, whereas a house costs $2,600. 1-bedroom apartments in Algonquin run $1,585 on average, while 2-bedroom apartments are $1,525.

Listings

Studio

$1,755

-

4%

1 bedroom

$1,808

2%

50%

2 bedroom

$1,995

1%

9%

3 bedroom

$2,734

2%

2%

4 bedroom

$4,000

No Change

8%

Studio

Average rent

$1,755

Last year

4%

1 bedroom

Average rent

$1,808

Last 30 days

2%

Last year

50%

2 bedroom

Average rent

$1,995

Last 30 days

1%

Last year

9%

3 bedroom

Average rent

$2,734

Last 30 days

2%

Last year

2%

4 bedroom

Average rent

$4,000

Last 30 days

No Change

Last year

8%

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$2,450
increased by29%

higher than the national median

Median rent price$2,220
increased by17%

higher than the national median

Takeaway

The median rent for all rentals in Algonquin, IL is 10% 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

10 Arrowhead Dr - Photo 1 of 1
No deposit

5d+ ago

House for rent in Algonquin

20 Arrowhead Dr #10 - Photo 1 of 1

5d+ ago

House for rent in Algonquin

Residential Lease, Algonquin, IL

20 Arrowhead Dr #10, Algonquin, IL 60102

2 beds

1 bath

$1,600

303 Ridge St - Photo 1 of 1

5d+ ago

House for rent in Algonquin

Residential Lease, Algonquin, IL

303 Ridge St, Algonquin, IL 60102

3 beds

1.5 baths

$2,500

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 $2,450 per month as of October 3, 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 11% since last year.

How does Algonquin rent compare to the national average?

Rent in Algonquin is 29% above the national average, which means renters are paying approximately $550 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 $98,000/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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