How many apartments are available in Weck's Subdivision on Rentable.co?

Rentable.co has over 3 apartments available near Weck's Subdivision.

What is the average rent for a two-bedroom apartment in Weck's Subdivision?

The average rent for a two-bedroom apartment near Weck's Subdivision is around $1,400 per month.

How many apartments are available in Algonquin, IL on Rentable.co?

Rentable.co has over 265 apartments available in Algonquin.

What is the average rent for a one-bedroom apartment in Algonquin, IL?

The average rent for a one-bedroom apartment in Algonquin is around $1,660 per month.

What is the average rent for a two-bedroom apartment in Algonquin, IL?

The average rent for a two-bedroom apartment in Algonquin is around $2,670 per month.

How expensive is it to rent an apartment in Algonquin, IL?

For a two-bedroom apartment in Algonquin, the average rent price is $2,670 per month, which is higher than the national average of $1,630 per month.

Can I afford an apartment for rent in Algonquin, IL?

Based on average rent prices in Algonquin, to afford a one-bedroom apartment you would need an annual household income of $66,000 to live comfortably.

Apartments in Weck's Subdivision Algonquin

Algonquin:
April Rent Report

Welcome to the April 2024 Algonquin Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the April 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

May. 2023

Jun. 2023

Jul. 2023

Aug. 2023

Sep. 2023

Oct. 2023

Nov. 2023

Dec. 2023

Jan. 2024

Feb. 2024

Mar. 2024

Apr. 2024

1 BR 2 BR

Algonquin Rent Prices Decrease From March to April

Algonquin rent prices decreased over the last month. From March to April, 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 March to April, Algonquin experienced a -0.07% decrease for the price of a two-bedroom apartment. The rent price for a Algonquin two-bedroom apartments currently stands at $2,712.0.

April 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.

April 2024 Pricing Trends: Algonquin vs. National Comparisons

New York, NY

San Francisco, CA

Washington, DC

Los Angeles, CA

Chicago, IL

Minneapolis, MN

Columbus, OH

Pittsburgh, PA

$3,994

$3,038

$2,355

$2,347

$1,893

$1,300

$1,264

$1,145

$1,300

$2,600

$3,900

$5,200

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 April	1 BR M/M % Change	2 BR April	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.