What is the median rent in Algonquin, IL?

Name: Median rent in Algonquin, IL, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

The median gross rent in Algonquin, IL is $1,723 (±$210) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.

That is across 1,245 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.

In Algonquin, the median gross rent went from $1,677 in 2015–2019 to $1,723 in 2020–2024 (+2.7%).

Prices (CPI-U) rose 22.7% over the same years, so it rose more slowly than prices: a measurable decrease after inflation.

Figures last updated on November 12, 2026.

Median gross rent: $1,723 (±$210)
Rented homes: 1,245 (±262)
$2,000 or more: 36.9%
Since 2015–2019: +2.7%

How much rent costs in Algonquin

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rent	Algonquin	McHenry County	Illinois	United States
Less than $500	0.0% (±3.0 points)	4.6%	7.0%	6.3%
$500 to $999	17.7% (±11.5 points)	13.6%	23.5%	20.2%
$1,000 to $1,499	21.8% (±9.0 points)	39.5%	32.6%	28.1%
$1,500 to $1,999	23.7% (±10.1 points)	26.5%	18.7%	21.1%
$2,000 to $2,499	25.7% (±9.5 points)	11.4%	9.6%	12.0%
$2,500 to $2,999	10.0% (±7.1 points)	3.0%	4.1%	5.5%
$3,000 or more	1.2% (±2.2 points)	1.4%	4.4%	6.8%

The most common range is $2,000 to $2,499, paid by 25.7% of renting households.

36.9% of rented homes in Algonquin cost $2,000 or more a month.

Algonquin against McHenry County, its state and the nation

Estimate (90% margin of error)
	Algonquin	McHenry County	Illinois	United States
Median gross rent	$1,723 (±$210)	$1,401 (±$41)	$1,274 (±$5)	$1,413
Rented homes paying rent	1,245 (±262)	19,548 (±1,113)	1,587,238 (±10,609)	42,849,984

In Algonquin, median gross rent is higher than in McHenry County ($1,401).

It is also higher than in Illinois ($1,274).

It is higher than the national figure ($1,413).

In McHenry County, Algonquin ranks 10 of 39 places with a published estimate, from highest to lowest median gross rent.

Statewide, it ranks 116 of 2,063.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How rent in Algonquin has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Median gross rent	$1,677 (±$84)	$1,723 (±$210)	+2.7%	Down after inflation
Households that rent	14.0% (±2.0 points)	11.8% (±2.3 points)	−2.2 percentage points	Not a measurable change
Rental vacancy rate	13.3% (±6.5 points)	7.7% (±8.1 points)	−5.6 percentage points	Not a measurable change

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median gross rent in places near Algonquin

Nearest places with a published estimate, compared with Algonquin
Place	Distance	Median gross rent	Compared with this place
Algonquin	—	$1,723 (±$210)	—
Lake in the Hills	1.4 mi	$1,689 (±$127)	Not measurably different
Carpentersville	2.9 mi	$1,414 (±$84)	Lower
Dundee Township	3.5 mi	$1,537 (±$90)	Not measurably different
Algonquin Township	3.6 mi	$1,520 (±$94)	Not measurably different
West Dundee	3.9 mi	$1,666 (±$180)	Not measurably different
Gilberts	4.3 mi	$1,901 (±$655)	Not measurably different
Sleepy Hollow	4.8 mi	$1,363 (±$125)	Lower
Crystal Lake	5.1 mi	$1,468 (±$94)	Lower

Nearby places with a measurably lower figure: Carpentersville, IL ($1,414), Sleepy Hollow, IL ($1,363), Crystal Lake, IL ($1,468).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median gross rent across McHenry County, place by place

Rank	Place	Median gross rent
4	Pistakee Highlands	$1,906 (±$871)
5	Port Barrington	$1,900 (±$559)
6	Oakwood Hills	$1,886 (±$210)
7	Island Lake	$1,874 (±$208)
8	Holiday Hills	$1,850 (±$1,017)
9	Lakemoor	$1,726 (±$32)
10	Algonquin	$1,723 (±$210)
11	Grafton Township	$1,721 (±$162)
12	Nunda Township	$1,697 (±$57)
13	Union	$1,692 (±$207)
14	Lake in the Hills	$1,689 (±$127)
15	Coral Township	$1,671 (±$338)
16	Alden Township	$1,638 (±$220)

Showing 13 of 39 places in McHenry County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Algonquin

What is the average rent in Algonquin, IL?

The Census Bureau publishes the median rather than the average: the median gross rent in Algonquin is $1,723 (±$210) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.

How much has rent gone up in Algonquin?

In Algonquin, the median gross rent went from $1,677 in 2015–2019 to $1,723 in 2020–2024 (+2.7%).

Prices (CPI-U) rose 22.7% over the same years, so it rose more slowly than prices: a measurable decrease after inflation.

How many rentals in Algonquin cost more than $2,000 a month?

36.9% of rented homes in Algonquin have a gross rent of $2,000 or more a month, and 0.0% cost less than $500.

Is rent in Algonquin higher than in McHenry County?

In Algonquin, median gross rent is higher than in McHenry County ($1,401).

It is also higher than in Illinois ($1,274).

It is higher than the national figure ($1,413).

Is this the rent for an apartment listed today?

No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Algonquin village, Illinois (place:00685, in state:17).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.