
Cheap 2 Bedroom Apartments for Rent in Palatine, IL from $1,510 (51 Rentals)


Total Monthly Price
Albion on Northwest

Arrowhead Apartments

3000 Bayside Dr, Unit 204

Clover Ridge East Apartments

The Gates of Deer Grove Apartment Homes

525 N Quentin Rd, Unit 713

Mission Creek

Palatine Square

Greenhaven Apartments & Townhomes
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

508 E Spruce Dr

337 N Carter St

236 Johnson St

Long Valley Apartments

2014 N Rand Rd

Brockway Court Apartments

4B E Dundee Quarter Dr

Inverleith Apartments

167 E Palatine Rd

2133 N Ginger Creek Cir
Renting with Roommates: Realistic Expectations for Shared Lease
Sharing a lease? Learn how to set clear expectations with your roommates on routines, bills, and cleaning to ensure a successful and peaceful shared living arrangement.

228 E Rimini Ct

Crescent Place

The Preserve at Woodfield

Plum Grove

Schaumburg- International Village

2242 W Nichols Rd

755 Grove Dr, Unit 106

2640 Pirates Cove

Village Park Apartments

214-222 S Pine Ave
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

334 W Miner St, Unit 3A

889 Trace Dr, Unit 107

Arbor Lakes

21 Kristin

Circle Hill Apartments

Village in the Park Apartments

The Treehouse of Schaumburg

Fieldpointe of Schaumburg

510 W Eastman St, Unit 2F

Country Glen
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Hawthorn Estates Condos (219 Units)

315 SALEM LLC

916 Casey Ct

889 Trace Dr

Hawthorne Apartments

829 S Dwyer Ave

2650 Brookwood Way Dr

1931 Prairie Square

510 W Eastman St

3265 Kirchoff Rd
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
Palatine, IL Local Guide

How much does it cost to rent an apartment in Palatine?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Palatine Studio Apartments | $1,862 | $1,300 | $2,512 |
| Palatine 1 Bedroom Apartments | $1,861 | $1,400 | $3,902 |
| Palatine 2 Bedroom Apartments | $2,324 | $1,510 | $5,301 |
| Palatine 3 Bedroom Apartments | $4,580 | $1,860 | $10,000+ |
Explore Palatine
Palatine, IL Local Guide
- Palatine Neighborhoods
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Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleBest Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters
A Local Expert's Guide to The 10 Best Chicago Neighborhoods near Major Local Employers. Find your perfect Chicago, IL apartment, condo, or rental home today at ApartmentHomeLiving.com
Read ArticleA Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Chicago, IL metro area for affordable living. Find your perfect Chicago Student apartment, condo, or rental home today at ApartmentHomeliving.com
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Palatine, ILPopulation: 68,053
Ranked #537
in US Census Population by City
Best Local Schools in Palatine, IL
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Palatine, IL Rentals by Map
See the most popular apartments and homes in Palatine, IL
Frequently Asked Questions about Cheap Palatine Apartments
What is the Cheapest Studio apartment in Palatine?
Currently the most affordable Cheap Studio Apartment in Palatine is at The Preserve at Woodfield listed at $1,675.
How much is rent for a Cheap One Bedroom Palatine Apartment?
The lowest price for a Cheap One Bedroom Palatine Apartment is $1,675 at The Preserve at Woodfield.
What is the lowest price for a Cheap Two Bedroom Palatine Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Palatine is starting from $1,675 at The Preserve at Woodfield.
What is the most affordable Palatine Three Bedroom Apartment?
The best deal on a cheap Palatine Three Bedroom Apartment rental is at The Preserve at Woodfield and starts from $1,675.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Helpful Local Expert Guides

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago
Written by: Nicole Harms
I’m Nicole, your ApartmentHomeLiving.com Local Expert for Chicago, IL. As a resident of the Chicago area for over 20 years, I’ve learned which neighborhoods are great and which are best avoided.

Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
Written by: Nicole Harms
With world-class museums lining its streets, Chicago is a place people go to learn. It’s not surprising, therefore, that it’s also home to multiple colleges and universities with national and global reputations.

Best Neighborhoods to Rent in Near Chicago's Top Employers
Written by: Nicole Harms
Whenever life takes me into the city, I’m always impressed with the sheer amount of industry and commerce that it holds. With all of that commerce comes a wide range of employment options.

Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
Written by: Nicole Harms
From Lake Shore Drive to the O’Hare Airport, the city of Chicago is a study in diversity, resilience, and culture.
Articles, How-To's, and Tips

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.