446 Osage Ln
PalatineIL60074
Cheap Homes for Rent in the Baldwin Neighborhood of Palatine, IL from $1,500 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Baldwin area of Palatine.
508 E Spruce Dr
PalatineIL60074
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.
337 N Carter St
PalatineIL60067
236 Johnson St
PalatineIL60067
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.
2014 N Rand Rd
PalatineIL60074
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Baldwin, Palatine, IL Local Guide
How much does it cost to rent a home in Baldwin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Baldwin 2 Bedroom Homes for Rent | $1,856 | $1,550 | $2,500 |
| Baldwin 3 Bedroom Homes for Rent | $3,050 | $2,800 | $3,500 |
| Baldwin 4 Bedroom Homes for Rent | $4,500 | $4,500 | $4,500 |
| Baldwin 5 Bedroom Homes for Rent | $3,700 | $3,700 | $3,700 |
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the Baldwin Neighborhood of Palatine, IL.
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Baldwin, Palatine, IL Local Guide
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Cheapest Available Baldwin Apartments for Rent
The cheapest available apartment rental in the Baldwin area of Chicago, IL is a 1 Bed unit found at The Gates of Deer Grove Apartment Homes priced from $1,635. Albion on Northwest has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,643. Here are the most affordable Baldwin apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Gates of Deer Grove Apartment Homes | One Bedroom - 740 sqft | 1BR,1BA | $1,635 |
| Albion on Northwest | Elm (A1) 1 Bedroom Aparment | 1BR,1BA | $1,643 |
| The Clayson | 2 Bedrooms | 2BR,1BA | $1,797 |
Best Value Apartments for Rent in Baldwin, IL
As of July 15, 2026 the best value apartment in the Baldwin area is the $1.98 price per square foot D1 - 3 Bed, 2 Bath Model at Albion on Lake Cook in the in the Cherrybrook Village neighborhood starting from $2,655. The second greatest value Baldwin apartment is the 2 Bedrooms Model at The Clayson starting at $1,797 with a $1.89 price per square foot in the Cherrybrook Village neighborhood. Here is today’s list of the best values for Baldwin apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Albion on Lake Cook | D1 - 3 Bed, 2 Bath | 3BR,2BA | $1.98 |
| The Clayson | 2 Bedrooms | 2BR,1BA | $1.89 |
| Deer Park Crossing Apartments | Amherst | 1BR,1BA | $2.96 |
| The Gates of Deer Grove Apartment Homes | One Bedroom - 740 sqft | 1BR,1BA | $2.21 |
| Albion on Northwest | Oak (Ah) 1 Bedroom Apartment | 1BR,1BA | $2.49 |
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
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 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.
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Pet Friendly LifestyleBaldwin, Palatine, IL
Ranked #11
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Baldwin
What type of rentals are currently available in Baldwin?
There are currently 79 Apartments for Rent in Baldwin, IL with pricing that ranges from $1,473 to $6,611. There are also 14 Single Family Homes for rent, Condos, and Townhome rentals currently available in Baldwin ranging from $1,500 to $4,500.
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 $1,500 to $4,500 with an average monthly rent of $2,921.
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
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.
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.
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.
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
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.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.