Cheap Apartments for Rent in Palatine, IL from $900 (34 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Palatine.

close
View Me
Palatine Square
1 to 2 Bedroom Apartments

Palatine Square

1517 Winslowe StPalatine, IL 60074
  • Utilities Included
close
View Me
Long Valley Apartments
1 to 2 Bedroom Apartments

Long Valley Apartments

1203-1229 E Long Valley DrPalatine, IL 60074
  • Utilities Included
close
View Me
Mission Creek
2 Bedroom Apartments

Mission Creek

224-395 Rimini CtPalatine, IL 60067
  • Utilities Included
close
View Me
Inverleith Apartments
1 to 2 Bedroom Apartments

Inverleith Apartments

525 N Quentin RdPalatine, IL 60067
  • Utilities Included
close
View Me
Salem Lane Apartments
1 Bedroom Apartments

Salem Lane Apartments

211 N Kaspar AveArlington Heights, IL 60005
  • Utilities Included
close
View Me
214-222 S Pine Ave
1 to 2 Bedroom Apartments

214-222 S Pine Ave

214-222 S Pine AveArlington Heights, IL 60005
  • Utilities Included
close
View Me
315 SALEM LLC
1 to 2 Bedroom Apartments

315 SALEM LLC

315 N Salem AveArlington Heights, IL 60005
close
View Me
Country Glen
2 Bedroom Apartments

Country Glen

2264 Nichols RdArlington Heights, IL 60004
  • Utilities Included
close
View Me
Hawthorne Apartments
1 to 2 Bedroom Apartments

Hawthorne Apartments

1110-1112 W Hawthorne StArlington Heights, IL 60005
  • Utilities Included

Palatine, IL Local Guide

Photo of Justin Habersaat - Editing Staff
Written By:
Justin Habersaat
Editing Staff

Cheapest Available Palatine Apartments for Rent

 

The cheapest available apartment rental in Palatine, IL is a 1 Bed unit found at Brockway Court Apartments in the Pleasant Hill neighborhood priced from $1,300. Plum Grove in the Pleasant Hill neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,300. Here is today’s list of the most affordable Palatine apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Brockway Court Apartments1x11BR,1BA$1,300
Plum GroveTwo Room StudioStudio,1BA$1,300
Fieldpointe of SchaumburgWillowStudio,1BA$1,457
Village in the Park ApartmentsHawthorne1BR,1BA$1,460
Village Park Apartments, LLCA1/3-700-X1BR,1BA$1,495
Hawthorne ApartmentsOne Bedroom1BR,1BA$1,500
Arbor Lakes1 Bedroom Floor Plan A11BR,1BA$1,519
The Gates of Deer Grove Apartment HomesStudio - 530 sqftStudio,1BA$1,540
Albion on NorthwestOak (A)1BR,1BA$1,575
Stonebridge of Arlington Heights1x1 A Reno1BR,1BA$1,599

Best Value Apartments for Rent in Palatine, IL

As of July 31, 2025 the best value apartment in the Palatine area is the $1.83 price per square foot Newly Renovated (D1r) Model at Albion on Lake Cook in the in the Cherrybrook Village neighborhood starting from $2,450. The second greatest value Palatine apartment is the 1362 E Wyndham Cir Model at 1362 E Wyndham Cir, Unit 101 starting at $2,000 with a $1.67 price per square foot in the Heatherlea neighborhood. Here is today’s list of the best values for Palatine apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Albion on Lake CookNewly Renovated (D1r)3BR,2BA$1.83
1362 E Wyndham Cir, Unit 1011362 E Wyndham Cir2BR,2BA$1.67
Circle Hill Apartments2 Bedroom/1.5 Baths2BR,1.5BA$1.78
Stonebridge of Arlington Heights1x1 A Reno1BR,1BA$1.88
The Preserve at WoodfieldElk1BR,1BA$2.03
Williams ReserveMulberry1BR,1BA$2.17
21 Kristin1x1R - (Renovated)1BR,1BA$2.21
Arbor Lakes1 Bedroom Floor Plan A11BR,1BA$2.03
Village Park Apartments, LLCA1/3-700-X1BR,1BA$2.14
Brockway Court Apartments1x11BR,1BA$1.86

Quick 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.

decorative image of people with a giant lease agreement

Palatine Overview

Boasting the motto 'A Real Home Town', the charming Palatine delivers on the promise of an Illinois locale where everyone knows your name. Brimming with mid-western ambiance to spare, this is one hot spot that is sure to appeal to a wide array of lifestyles.

Why live in Palatine, IL?

For those desiring a laid-back way of life that still offers plenty of amenities and easy access to big city excitement, Palatine rentals are seemingly ideal in almost every regard. With plenty of well-lauded area schools and shopping options, this Illinois community is a great place to raise a family, and the nearby Chicago job market has landed Palatine on numerous 'best of' lists for the eager commuter.

Pet Friendly Lifestyle
Palatine, IL

Ranked #129

Among cities in Illinois for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

decorative image of woman handing cat to small boy

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Palatine, IL Rentals by Map

View Map
Palatine, IL Apartments Map
View Map
Palatine, IL Rental Homes Map

Getting Around Palatine, IL

Walk Score®

58 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

56 / 100

Bikeable

Some bike infrastructure

Transit Score®

1 / 100

Minimal Transit

It may be possible to get on a bus

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 Plum Grove listed at $1,300.

How much is rent for a Cheap One Bedroom Palatine Apartment?

The lowest price for a Cheap One Bedroom Palatine Apartment is $1,300 at Brockway Court Apartments.

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 Albion on Lake Cook and starts from $2,450.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago article

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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.