What's the average rent in Palatine, IL?

Rental Market Trends in Palatine, IL

SOURCE: TRULIA DATA

Rental market highlights

As of June 2026, the average rent in Palatine, IL is $1,850 per month, which is 5% lower than the national average rent of $1,951 per month.

AVERAGE RENT

$1,850

2.8%$50 increase month-over-month

-2.6%-$50 decrease year-over-year

AVAILABLE RENTALS

APARTMENTS

$1,645

HOUSES

$3,650

TOWNHOUSES

$2,850

As of June 2026, apartments are the most affordable rental option in Palatine, IL at $1,645 per month, while houses are the most expensive at $3,650 per month. Townhomes average $2,850 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	$1,850
3 Bedrooms	$2,900
4 Bedrooms	$3,700
All	$1,850

As of June 2026, the average rent for a 1 bedroom rental in Palatine, IL is $1,600 per month, followed by $1,850 for a 2 bedroom rental, $2,900 for a 3 bedroom rental, and $3,700 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	$2,350
2 Bedrooms	$2,400
3 Bedrooms	$2,900
4 Bedrooms	—
All	$2,850

As of June 2026, the average rent for a 1 bedroom townhome in Palatine, IL is $2,350 per month, followed by $2,400 for a 2 bedroom townhome, and $2,900 for a 3 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$1,550
2 Bedrooms	$1,750
3 Bedrooms	$2,244
4 Bedrooms	—
All	$1,700

As of June 2026, the average rent for a 1 bedroom apartment in Palatine, IL is $1,550 per month, followed by $1,750 for a 2 bedroom apartment, and $2,244 for a 3 bedroom apartment.