Cheap Apartments for Rent in Palatine, IL
80 rentals
Use arrow keys to navigate$1,130/mo
2 Beds
1 Bath1222 Long Valley Dr. Palatine, IL 60074 | 1222 Long Valley Dr,
Palatine, IL 60074
Use arrow keys to navigateNEW - 16 HRS AGO
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Use arrow keys to navigatePET FRIENDLY
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PET FRIENDLY$1,525 - $1,550/mo1-2 Beds1 BathPalatine Park Apartments | 410-440 W Palatine Rd,
Palatine, IL 60067
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NEW - 21 HRS AGOPET FRIENDLY
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SPECIAL OFFERPET FRIENDLY$1,575 - $1,996/moStudio-2 Beds1 BathThe Gates of Deer Grove Apartment Homes | 125 W Dundee Rd,
Palatine, IL 60074
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SPECIAL OFFERPET FRIENDLYTotal price$1,626 - $2,503/mo1-2 Beds1-2 BathsAlbion on Northwest | 975 N Sterling Ave,
Palatine, IL 60067
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Average Rent Trends in Palatine, IL
Rent in Palatine, IL varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Sep 2026 compared to the previous month. Rent previously peaked in Aug 2025.
| Month | Average rent |
|---|---|
| Oct 2025 | $2,050 |
| Nov 2025 | $2,000 |
| Dec 2025 | $1,900 |
| Jan 2026 | $1,800 |
| Feb 2026 | $1,800 |
| Mar 2026 | $1,800 |
| Apr 2026 | $1,800 |
| May 2026 | $1,800 |
| Jun 2026 | $1,795 |
| Jul 2026 | $1,780 |
| Aug 2026 | $1,850 |
| Sep 2026 | $1,900 |
Average Rent By Bedroom and Home Type
In September 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,550 | $1,850 | $2,900 | $3,800 | $1,850 |
| Townhomes | $1,550 | $1,890 | $3,000 | — | $2,600 |
| Apartments and Condos | $1,523 | $1,800 | $2,500 | $2,500 | $1,750 |
| Houses | — | $2,475 | $3,500 | $3,800 | $3,550 |
Frequently Asked Questions about Rentals in Palatine, IL
- What is the average rent of an apartment in Palatine, IL?The average rent of an apartment in Palatine, IL is $1,745 per month. This is about 11% lower than the national average.
- When is the average rent cheapest in Palatine, IL?In the last year, the average rent in Palatine, IL was lowest in Jan 2025 when it was $1,670 per month.
- When is the average rent most expensive in Palatine, IL?In the last year, the average rent in Palatine, IL was highest in Aug 2025 when it was $2,095 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in Palatine, IL?The average rent of a 1 bedroom apartment in Palatine, IL is $1,550 per month. That is about $0 more than the cost of a studio apartment.
- How many available rental listings are in Palatine, IL?There are 91 available rental listings in Palatine, IL.
- What are some zip codes in Palatine, IL?
- What are some cities near Palatine, IL?Some nearby cities include: Inverness, Rolling Meadows, Arlington Heights, Deer Park, Kildeer. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en Palatine, IL - 204 Rentas | Trulia