Cheap Apartments for Rent in Palatine, IL from $900 (87 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
158 S Clyde Ave, Unit 1
$1,350
Total Monthly Price

Total Monthly Price

Base Rent
$1,350
Total Monthly Price
$1,350
1 Bedroom Apartment Available Now

158 S Clyde Ave, Unit 1

158 S Clyde AvePalatine, IL 60067
Cost Per Sq.Ft.
  • Smoke Free
property at 1 Renaissance Pl

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400
Total Monthly Price
$1,400

1 Bedroom, 1 Bath Condo for Rent

Available Sep 1

1 Renaissance Pl, Unit 503

1 Renaissance Pl
PalatineIL60067
property at 1303 Wyndham Dr

$1,495

Total Monthly Price

Total Monthly Price

Base Rent
$1,495
Total Monthly Price
$1,495

1 Bedroom, 1 Bath Condo for Rent

Available Sep 1

1303 Wyndham Dr, Unit 108

1303 Wyndham Dr
PalatineIL60074

Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible

Looking for a rental near Chicago? These five cities offer excellent options! From small-town charm to excellent business options, you can't go wrong!

Read Article
property at 2024 N Rand Rd

$1,875

Total Monthly Price

Total Monthly Price

Base Rent
$1,875
Total Monthly Price
$1,875

2 Bedroom, 2 Bath Condo for Rent

Available Aug 1

2024 N Rand Rd, Unit 205

2024 N Rand Rd
PalatineIL60074
close
View Me
Albion on Lake Cook
Rent Specials
$1,993 - $4,131
Total Monthly Price

Total Monthly Price

Base Rent
$1,993 - $4,131
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Albion on Lake Cook

500 E Constitution DrPalatine, IL 60074
Student Living
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Palatine Square
Studio to 2 Bedroom Apartments

Palatine Square

1517 Winslowe StPalatine, IL 60074
  • Utilities Included
close
View Me
Fleetwood Center
Studio Apartments

Fleetwood Center

323-409 N Northwest HwyPalatine, IL 60067
close
View Me
Mission Creek
2 Bedroom Apartments

Mission Creek

224-395 Rimini CtPalatine, IL 60067
  • Utilities Included

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Read Article
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
Inverleith Apartments
Studio to 2 Bedroom Apartments

Inverleith Apartments

525 N Quentin RdPalatine, IL 60067
  • Utilities Included

Chicago Relocation 101: Mastering Utilities, Registration, and the CTA

Moving to Chicago? This essential relocation guide offers a complete checklist for new residents, covering finding the right neighborhood, setting up utilities (ComEd, People’s Gas), and mastering high-rise moving logistics and vehicle registration.

Read Article

Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago

Learn about the best things about living in Chicago from a local in the Insiders Guide to Renting in Chicago. Find your perfect Chicago apartment today!

Read Article
property at 646 N Kaspar Ave

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500
Total Monthly Price
$1,500

1 Bedroom, 1 Bath Home for Rent

Available Sep 3

646 N Kaspar Ave

Arlington HeightsIL60004
property at 3255 KIRCHOFF Rd

$1,525

Total Monthly Price

Total Monthly Price

Base Rent
$1,525
Total Monthly Price
$1,525

1 Bedroom, 1 Bath Condo for Rent

Available Sep 1

3255 KIRCHOFF Rd

Rolling MeadowsIL60008

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Read Article
Showing Results 1-50, Page 1 of 2

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 The Preserve at Woodfield in the Des Plaines Arlington Hts Corridor neighborhood priced from $1,440. Village in the Park Apartments in the Far Northwest Suburban Cook neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,465. Here is today’s list of the most affordable Palatine apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Preserve at WoodfieldElk1BR,1BA$1,440
Village in the Park ApartmentsHawthorne1BR,1BA$1,465
Plum GroveTwo Room StudioStudio,1BA$1,475
Arrowhead ApartmentsA11BR,1BA$1,495
Village Park ApartmentsA1/3-700-X1BR,1BA$1,515
Fieldpointe of SchaumburgWillow (S)Studio,1BA$1,536
The Lakes of Schaumburg Apartment Homes1 Bedroom 1 Bath 5701BR,1BA$1,560
Clover Ridge East ApartmentsAshbury1BR,1BA$1,570
214-222 S Pine Ave1BD/1BA1BR,1BA$1,575

Best Value Apartments for Rent in Palatine, IL

As of July 25, 2026 the best value apartment in the Palatine area is the $1.53 price per square foot 826 E Capri Dr Model at 826 E Capri Dr, Unit 826 #1 in the in the Cherrybrook Village neighborhood starting from $2,250. The second greatest value Palatine apartment is the D1 - 3 Bed, 2 Bath Model at Albion on Lake Cook starting at $2,764 with a $2.06 price per square foot in the Cherrybrook Village 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.
826 E Capri Dr, Unit 826 #1826 E Capri Dr3BR,1.5BA$1.53
Albion on Lake CookD1 - 3 Bed, 2 Bath3BR,2BA$2.06
110 S Dunton Ave, Unit 3C110 S Dunton Ave2BR,2BA$1.87
The Clayson2 Bedrooms2BR,1BA$1.90
Circle Hill Apartments1 Bedroom/1 Bath1BR,1BA$1.84
Stonebridge of Arlington Heights1x1 A Reno1BR,1BA$2.03
158 S Clyde Ave, Unit 1158 S Clyde Ave1BR,1BA$1.69
The Preserve at WoodfieldElk1BR,1BA$1.80
Clover Ridge East ApartmentsAshbury1BR,1BA$1.98
Arrowhead ApartmentsA11BR,1BA$2.10

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 Article
Decorative image

Best 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 Article
Decorative image

A 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 Article
Decorative image

Real 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 Article
Decorative image

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.

Palatine, IL
Population: 68,053

Ranked #537

in US Census Population by City

decorative image of people examining a giant globe and floating graphs

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

Decorative image of map

See the most popular apartments and homes in Palatine, IL

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

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 $1,475.

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

The lowest price for a Cheap One Bedroom Palatine Apartment is $1,440 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 Albion on Lake Cook and starts from $2,764.

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

decorative image for Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible article

Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible

Written by: Nicole Harms

I’m Nicole, you’re ApartmentHomeLiving.com Local Expert for Chicago. There’s no denying I love the Windy City. Yet there’s also no denying that rental homes in Chicago can be pricy, small, and hard to find.

decorative image for Chicago Relocation 101: Mastering Utilities, Registration, and the CTA article

Chicago Relocation 101: Mastering Utilities, Registration, and the CTA

Written by: Nicole Harms

Moving to a new city is always an exciting time, especially one as vibrant and diverse as Chicago. With world-class museums, a breathtaking lakefront, and numerous employment opportunities, there’s much to love about this city.

decorative image for Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago article

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.

decorative image for Best Neighborhoods to Rent in Near Chicago's Top Employers article

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.

Articles, How-To's, and Tips

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.