
Cheap Apartments for Rent in Palatine, IL from $1,390 (92 Rentals) Page 2 of 2
Search the lowest-cost Apartments available for rent right now in Palatine.


Total Monthly Price
Waterford Place Apartments

Circle Hill Apartments

21 Kristin

The Lakes of Schaumburg Apartment Homes

Schaumburg- International Village

Versailles on the Lakes Schaumburg

Remington Place Apartments
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!

Arbor Lakes

The Treehouse of Schaumburg

1906 S Plum Grove Rd

One Arlington

214-222 S Pine Ave

Element at Veridian

The Residences at Payton Place

Dunton Tower Apartments
Chicago's Best Affordable Neighborhoods
Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms

The Pointe Apartments

Furnished Studio-Chicago - Woodfield Mall

2326 W Nichols Rd, Unit 2326 a

Furnished Studio-Chicago - Schaumburg - Convention Center

Hancock Square at Arlington Station

Furnished Studio-Chicago - Schaumburg - I-90

2326 W Nichols Rd

Salem Lane Apartments
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

315 SALEM LLC

Hawthorn Estates Condos (219 Units)

Hawthorne Apartments

1919 Prairie Square

2650 Brookwood Way Dr, Unit 311

1 Villa Verde Dr

Euclid Place

811 S Dwyer Ave
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.

4208 Bonhill Dr, Unit 2C

909 Buccaneer Dr

2608 Pirates Cove

2650 Brookwood Way Dr

2600 Brookwood Way Dr

366 W Miner St

1931 Prairie Square

75 Kristin Cir
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.

601 W Rand Rd

205 W Miner St
Palatine, IL Local Guide

How much does it cost to rent an apartment in Palatine?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Palatine Studio Apartments | $1,990 | $1,475 | $2,472 |
| Cheap Palatine 1 Bedroom Apartments | $1,968 | $1,455 | $3,902 |
| Cheap Palatine 2 Bedroom Apartments | $2,333 | $1,510 | $5,301 |
| Cheap Palatine 3 Bedroom Apartments | $3,698 | $2,110 | $6,611 |
Browse Top Apartments in Palatine
See all Apartments in PalatineExplore Palatine
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 $1,455 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 $1,625 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 $2,110.
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

The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago
Written by: Nicole Harms
When choosing a place to live, there are many things you must consider. Your employer, your shopping preferences, and even schools are all important to think about. Yet cost of living is also important to know and plan for.

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.

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.

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

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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.