What's the average rent in Palatine, IL?

Rental Market Trends in Palatine, IL

SOURCE: TRULIA DATA

Rental market highlights

As of November 2026, the average rent in Palatine, IL is $1,850 per month, which is 4% lower than the national average rent of $1,932 per month.

AVERAGE RENT

$1,850

-5.1%-$100 decrease month-over-month

-7.5%-$150 decrease year-over-year

AVAILABLE RENTALS

APARTMENTS

$1,753

HOUSES

$3,750

TOWNHOUSES

$2,450

As of November 2026, apartments are the most affordable rental option in Palatine, IL at $1,753 per month, while houses are the most expensive at $3,750 per month. Townhomes average $2,450 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$1,600
2 Bedrooms	$1,900
3 Bedrooms	$2,600
4 Bedrooms	$3,750
All	$1,850

As of November 2026, the average rent for a 1 bedroom rental in Palatine, IL is $1,600 per month, followed by $1,900 for a 2 bedroom rental, $2,600 for a 3 bedroom rental, and $3,750 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$2,300
3 Bedrooms	$2,600
4 Bedrooms	—
All	$2,450

As of November 2026, the average rent for a 2 bedroom townhome in Palatine, IL is $2,300 per month, followed by $2,600 for a 3 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$1,590
2 Bedrooms	$1,800
3 Bedrooms	$2,000
4 Bedrooms	—
All	$1,795

As of November 2026, the average rent for a 1 bedroom apartment in Palatine, IL is $1,590 per month, followed by $1,800 for a 2 bedroom apartment, and $2,000 for a 3 bedroom apartment.