
Apartments for Rent in Palatine, IL Under $1,500 (26 Rentals)


The Clayson

Total Monthly Price
158 S Clyde Ave, Unit 1

1537 Norway Ln

446 Osage Ln

1 Renaissance Pl
The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago
Chicago may cost more than the national average, but with the right neighborhood, a smart transit strategy, and a few local insider tips, living well in the Windy City is more achievable than you might think. Our local expert breaks down everything from rent and groceries to transportation and healthcare so you can plan your move with confidence.

2 E Dundee Quarter Dr

1 Renaissance Pl, Unit 503

425 Osage Ln

Long Valley Apartments

Greenhaven Apartments & Townhomes

Brockway Court Apartments
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.

Fleetwood Center

Mission Creek

Palatine Square

Plum Grove

21 Kristin

Village in the Park Apartments
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!

The Preserve at Woodfield

Versailles on the Lakes Schaumburg

Village Park Apartments

646 N Kaspar Ave

2246 W Nichols Rd

Country Glen
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.

315 SALEM LLC

Salem Lane Apartments
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 Under $1500 | $1,829 | $1,240 | $2,425 |
| Palatine 1 Bedroom Apartments Under $1500 | $1,889 | $1,350 | $3,902 |
| Palatine 2 Bedroom Apartments Under $1500 | $2,293 | $1,510 | $5,301 |
| Palatine 3 Bedroom Apartments Under $1500 | $3,326 | $1,860 | $6,611 |
Browse Top Apartments in Palatine
See all Apartments in PalatineExplore Palatine
Palatine, IL Local Guide
- Palatine Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 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 Palatine
How much are Studio apartments in Palatine?
There are currently 89 Studio Apartments in Palatine with rent ranges from $1,240 to $2,425 with an average price of $1,829.
What is the current price range for One Bedroom Palatine Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Palatine ranges from $1,350 to $3,902 with an average monthly rent of $1,889.
What does renting a Two Bedroom Apartment in Palatine cost?
The monthly rent prices of Two Bedroom Apartments currently available in Palatine range from $1,510 to $5,301. Today's average rental price for Two Bedrooms here is $2,293.
How expensive are Palatine Three Bedroom Apartments?
There are currently 42 Three Bedroom Apartments listings available in Palatine on ApartmentHomeLiving.com. The pricing ranges from $1,860 to $6,611 - averaging $3,326 for the location.
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

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.

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.