Cheap Homes for Rent in Baldwin Neighborhood of Palatine, IL from $1,300 (9 Rentals)

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

Search the lowest-cost Homes available for rent right now in the Baldwin area of 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.

property at 525 N Quentin Rd

$1,650 - $1,900

1 To 2 Bedroom Rentals

Available Now

525 N Quentin Rd

PalatineIL60067
property at 1 Renaissance Pl

$1,650 - $2,300

1 To 2 Bedroom Rentals

Available Now

1 Renaissance Pl

PalatineIL60067

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.

Cheapest Available Baldwin Apartments for Rent

 

The cheapest available apartment rental in the Baldwin area of Chicago, IL is a Studio unit found at Fleetwood Center priced from $1,100. Albion on Northwest has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,450. Here are the most affordable Baldwin apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
Fleetwood CenterStudioStudio,1BA$1,100
Albion on NorthwestOak (A)1BR,1BA$1,450
The Gates of Deer Grove Apartment HomesOne Bedroom - 740 sqft1BR,1BA$1,565

Best Value Apartments for Rent in Baldwin, IL

As of January 12, 2026 the best value apartment in the Baldwin area is the $1.90 price per square foot D1 - 3 Bed, 2 Bath Model at Albion on Lake Cook in the in the Cherrybrook Village neighborhood starting from $2,550. The second greatest value Baldwin apartment is the 441 N Eric Dr Model at 441 N Eric Dr, Unit 3A starting at $1,795 with a $1.80 price per square foot in the Pleasant Hill neighborhood. Here is today’s list of the best values for Baldwin apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Albion on Lake CookD1 - 3 Bed, 2 Bath3BR,2BA$1.90
441 N Eric Dr, Unit 3A441 N Eric Dr2BR,2BA$1.80
116 W Wood St, Unit 3 - Penthouse116 W Wood St2BR,2BA$1.90
The Clayson2 Bedrooms2BR,1BA$1.84
Deer Park Crossing ApartmentsAmherst1BR,1BA$2.78
Albion on NorthwestOak (Ap)1BR,1BA$2.24
The Gates of Deer Grove Apartment HomesOne Bedroom - 720 sqft1BR,1BA$2.35
Fleetwood CenterStudioStudio ,1BA$2.44

Frequently Asked Questions about Baldwin

What type of rentals are currently available in Baldwin?

There are currently 82 Apartments for Rent in Baldwin, IL with pricing that ranges from $1,450 to $5,858. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Baldwin ranging from $1,395 to $3,700.

What is the current price range for Rental Homes in Baldwin?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Baldwin ranges from $1,395 to $3,700 with an average monthly rent of $2,523.

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 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 Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago article

Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

Written by: Nicole Harms

With world-class museums lining its streets, Chicago is a place people go to learn. It’s not surprising, therefore, that it’s also home to multiple colleges and universities with national and global reputations.

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.

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.

Articles, How-To's, and Tips

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!