Median Age
43 Years
Largest Age Group
55-64 Years
Approximately 15% of Residents
Under 20
22%
Over 65
19%
Algonquin
Algonquin, IL Area Guide
Avg Rent
$1,785
Population
29,461
Renter Mix
14% Rent
Uncover historic charm and modern appeal along the Fox River
Suburban
•
Peaceful
•
Scenic
•
Riverside
•
Family-Friendly
•
Growing
•
Regarded as the Gem of the Fox River Valley, Algonquin is a tranquil village situated on the beautiful Fox River in Chicago’s northwestern suburbs. Algonquin is known for its lush natural beauty and many opportunities for outdoor recreation. Locals enjoy access to numerous scenic parks and trails in town as well as a host of surrounding forest preserves and golf and country clubs.
Algonquin is also known for being a vibrant commercial center. The Randall Road Corridor boasts abundant national retailers and fine restaurants, many of which are clustered in shopping centers, in addition to the popular outdoor mall Algonquin Commons. The Old Town District serves as Algonquin’s historic downtown, touting a bevy of independent shops and local eateries in quaint buildings.
The village fosters a strong sense of community through a variety of family-friendly events held throughout the year, including the Founders’ Days Festival, Art on the Fox Fine Art Show, and many more. Excellent schools, close proximity to Chicago, and an overall peaceful atmosphere contribute to Algonquin’s dynamic allure.
Demographics
Median Household Income
$117,137
Average: $139,168
Education
10,218
Residents Have a Degree
Job Market
17,205
Workers Employed
Age Distribution
Get a sense of this area's population profile.
Housing Distribution
Algonquin has more homeowners than renters.
Renters
14%
Non-Renters
86%
Education Distribution
Review this city's overall education levels.
Bachelor's or Higher
31%
Other Education
69%
Rent Trends
As of April 2026, the average apartment rent in Algonquin, IL is $660 for a studio, $1,785 for one bedroom, and $2,322 for two bedrooms. Apartment rent in Algonquin has increased by 6.8% in the past year.
Property Type
Average Rent
Average Sq Ft
Apartment
$1,785/month
782 Sq Ft
Condo
$1,737/month
924 Sq Ft
Townhome
$2,166/month
1,323 Sq Ft
Getting Around
Explore how walkable, bikeable, drivable, and transit-friendly Algonquin, IL is for everyday living.
Fairly Walkable
Walkability
40
/ 100
Very Drivable
Drivability
80
/ 100
Fairly Bikeable
Bikeability
50
/ 100
Scores provided by
Schools
Public
Grades PK-5
385 Students
Public
Grades K-5
547 Students
Public
Grades PK-8
1,354 Students
Kenneth E Neubert Elementary School
Public
Grades K-5
427 Students
Algonquin Lakes Elementary School
Public
Grades K-5
412 Students
Public
Grades PK-8
1,354 Students
Public
Grades 6-8
751 Students
Public
Grades 6-8
399 Students
Public
Grades 9-12
2,080 Students
School data provided by
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2026. All rights reserved.
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2026. All rights reserved.
Points of Interest
Shopping Centers
Parks and Recreation
- Lake in the Hills Fen
- Schweitzer Woods Forest Preserve
- Exner Marsh Conservation Area
- Binnie Forest Preserve
- Raceway Woods Forest Preserve
Airports
- Chicago O'Hare International
Top Apartments in Algonquin
Houses for Rent in Algonquin
Search Nearby Rentals
Nearby City Rentals
Nearby Neighborhood Rentals
Nearby House Rentals
Methodology
† 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 February 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.