Median Age
43 Years
Largest Age Group
55-64 Years
Approximately 15% of Residents
Under 20
22%
Over 65
19%
Avg Rent
$1,824
Population
29,461
Renter Mix
14% Rent
Regarded as the Gem of the Fox River Valley, Algonquin is a peaceful village straddling McHenry and Kane counties, about 40 miles northwest of Chicago. The Fox River runs through its heart, shaping both the landscape and the community's identity. Two distinct areas define the village's character: the historic Old Town District, where preserved buildings house independent shops and local eateries, and the Randall Road Corridor, a well-developed commercial stretch lined with national retailers and the popular outdoor lifestyle center Algonquin Commons.
The rental landscape here leans toward spacious apartment communities, townhomes, and single-family rentals, reflecting the suburb's residential character. One-bedroom rents run above the Illinois state average and have been climbing steadily, a sign of consistent demand in this corridor. McHenry County College is roughly 18 minutes away, and several other colleges are accessible within a half-hour drive. Algonquin draws renters who want suburban breathing room without losing access to a well-stocked commercial base.
Annual events like the Founders' Days Festival and Art on the Fox Fine Art Show give the village a grounded, community-minded rhythm. The surrounding forest preserves and trail systems add depth to everyday life, making this Fox River village a genuinely appealing place to put down roots.
Algonquin offers a variety of natural amenities, like fishing spots along side the Fox River.
Algonquin locals can enjoy Cornish Park's playground, picnic tables, and fishing shores.
Townhomes along the Fox are popular in Algonquin.
Algonquin's Main Street is a central thoroughfare for residents and shoppers.
Algonquin homes have ornate wooden eaves, large porches and well-cared-for lawns.
Algonquin locals enjoy a hearty breakfast at Short Stacks in the heart of the downtown area.
Median Household Income
$117,137
Average: $139,168
Education
10,218
Residents Have a Degree
Job Market
17,205
Workers Employed
Median Age
43 Years
Largest Age Group
55-64 Years
Approximately 15% of Residents
Under 20
22%
Over 65
19%
Housing Distribution
Algonquin has more homeowners than renters.
Education Distribution
Review this city's overall education levels.
As of September 2026, the average apartment rent in Algonquin, IL is $664 for a studio, $1,824 for one bedroom, and $2,255 for two bedrooms. Apartment rent in Algonquin has increased by 5.2% in the past year.
Explore how walkable, bikeable, drivable, and transit-friendly Algonquin, IL is for everyday living.
Fairly Walkable
Walkability
Very Drivable
Drivability
Fairly Bikeable
Bikeability
Public
Grades K-5
592 Students
Public
Grades PK-5
452 Students
Public
Grades PK-8
1,285 Students
Kenneth E Neubert Elementary School
Public
Grades K-5
482 Students
Algonquin Lakes Elementary School
Public
Grades K-5
389 Students
Public
Grades PK-8
1,285 Students
Public
Grades 6-8
711 Students
Public
Grades 6-8
400 Students
Public
Grades K-12
Public
Grades 9-12
2,042 Students
Public
Grades K-12
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in September 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.