Cheap Apartments for Rent in Palatine, IL from $900 (42 Rentals)

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

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.

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Palatine Square
Studio to 2 Bedroom Apartments

Palatine Square

1517 Winslowe StPalatine, IL 60074
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Long Valley Apartments
1 to 2 Bedroom Apartments

Long Valley Apartments

1203-1229 E Long Valley DrPalatine, IL 60074
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Fleetwood Center
Studio Apartments

Fleetwood Center

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

Mission Creek

224-395 Rimini CtPalatine, IL 60067
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Inverleith Apartments
Studio to 2 Bedroom Apartments

Inverleith Apartments

525 N Quentin RdPalatine, IL 60067
  • Utilities Included

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.

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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property at 531 N Ridge Ave

531 N Ridge Ave

Arlington HeightsIL60004
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Salem Lane Apartments
1 to 3 Bedroom Apartments

Salem Lane Apartments

211 N Kaspar AveArlington Heights, IL 60005
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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315 SALEM LLC
1 to 2 Bedroom Apartments

315 SALEM LLC

315 N Salem AveArlington Heights, IL 60005
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Country Glen
1 to 2 Bedroom Apartments

Country Glen

2264 Nichols RdArlington Heights, IL 60004
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Hawthorne Apartments
1 to 2 Bedroom Apartments

Hawthorne Apartments

1110-1112 W Hawthorne StArlington Heights, IL 60005
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Euclid Place
1 to 3 Bedroom Apartments

Euclid Place

501 W Euclid AveArlington Heights, IL 60004
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Showing Results 1-42, Page 1 of 1

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 Studio unit found at Fleetwood Center in the Pleasant Hill neighborhood priced from $1,100. 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
Fleetwood CenterStudioStudio,1BA$1,100
Plum GroveTwo Room StudioStudio,1BA$1,300
The Preserve at WoodfieldElk1BR,1BA$1,375
Village in the Park ApartmentsWhitney studioStudio,1BA$1,410
214-222 S Pine Ave1BD/1BA1BR,1BA$1,475
Village Park Apartments, LLCA1/3-700-X1BR,1BA$1,495
Williams ReserveAspenStudio,1BA$1,517
Fieldpointe of SchaumburgWillow (S)Studio,1BA$1,519
The Residences at Payton PlaceS1Studio,1BA$1,520
Albion on NorthwestOak (A)1BR,1BA$1,575

Best Value Apartments for Rent in Palatine, IL

As of September 16, 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 2x2R - (Renovated) Model at 21 Kristin starting at $2,069 with a $2.00 price per square foot in the Far Northwest Suburban Cook 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
21 Kristin2x2R - (Renovated)2BR,2BA$2.00
Circle Hill Apartments2 Bedroom/1.5 Baths2BR,1.5BA$1.78
The Clayson2 Bedrooms2BR,1BA$1.84
Stonebridge of Arlington Heights1x1 A Reno1BR,1BA$1.94
ArrowheadFalls2BR,1BA$2.27
The Preserve at WoodfieldElk1BR,1BA$1.72
The Gates of Deer Grove Apartment HomesOne Bedroom - 775 sqft1BR,1BA$2.22
214-222 S Pine Ave1BD/1BA1BR,1BA$1.97
Arbor Lakes1 Bedroom Floor Plan A11BR,1BA$2.20

Quick Rent Budget Calculator

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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 #122

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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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

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See the most popular apartments and homes in Palatine, IL

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Palatine, IL Apartments Map
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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

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 Fleetwood Center listed at $1,100.

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

The lowest price for a Cheap One Bedroom Palatine Apartment is $1,375 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 $1,700 at Albion on Northwest.

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.

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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.