Cheap Homes for Rent in Baldwin Neighborhood of Palatine, IL from $1,600 (10 Rentals)

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

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$1,3501 Bedroom Apartments Available May 11

240 N Smith St, Unit A

240 N Smith StPalatine, IL 60067

Affordability

$1,650

1 Bedroom, 1 Bath Rentals

Available May 1

525 N Quentin Rd, Unit 615

525 N Quentin Rd

PalatineIL60067

$1,650

2 Bedroom Rentals

Available Now

444 Osage Ln

PalatineIL60074

$1,675

2 Bedroom, 1 Bath Home for Rent

Available Apr 15

236 Johnson St

PalatineIL60067

$1,700

2 Bedroom, 1 Bath Home for Rent

Available Now

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.

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$1,700

Total Monthly Price

1 Bedroom, 1 Bath Condo for Rent

Available Now

337 N Carter St, Unit 202, Unit 202

337 N Carter St

PalatineIL60067

$1,800

2 Bedroom, 1 Bath Condo for Rent

Available Now

1255 N Sterling Ave

PalatineIL60067

$1,850

2 Bedroom, 1 Bath Home for Rent

Available Apr 15

502 E Spruce Dr

PalatineIL60074

$2,050

2 Bedroom, 2 Bath Home for Rent

Available Now

1 Renaissance Pl

PalatineIL60067

$2,200

2 Bedroom, 3 Bath Townhome for Rent

Available Now

608 N Lake Shore Dr

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.

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Showing Results 1-10, Page 1 of 1

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	$2,085	$1,650	$2,580
Baldwin 3 Bedroom Homes for Rent	$3,231	$3,195	$3,300
Baldwin 4 Bedroom Homes for Rent	$3,300	$3,300	$3,300
Baldwin 5 Bedroom Homes for Rent	$4,000	$3,500	$4,500

Browse Homes for Rent in this Neighborhood

There are currently 10 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 Studio unit found at Fleetwood Center priced from $1,100. The Clayson has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,473. Here are the most affordable Baldwin apartments for rent in Chicago, IL:

Apartment Listing	Model Name	Bed/Bath	Priced From
Fleetwood Center	Studio	Studio,1BA	$1,100
The Clayson	1 Bedroom	1BR,1BA	$1,473
Albion on Northwest	Oak (A) 1 Bedroom Apartment	1BR,1BA	$1,516

Best Value Apartments for Rent in Baldwin, IL

As of April 13, 2026 the best value apartment in the Baldwin area is the $1.89 price per square foot C2 - 2 Bed + Den, 2 Bath Model at Albion on Lake Cook in the in the Cherrybrook Village neighborhood starting from $2,532. 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 Listing	Model Name	Bed/Bath	Price Per Sq.Ft.
Albion on Lake Cook	C2 - 2 Bed + Den, 2 Bath	2BR,2BA	$1.89
441 N Eric Dr, Unit 3A	441 N Eric Dr	2BR,2BA	$1.80
116 W Wood St, Unit 2E	116 W Wood St	2BR,2BA	$1.94
Deer Park Crossing Apartments	Amherst	1BR,1BA	$2.85
The Gates of Deer Grove Apartment Homes	One Bedroom - 740 sqft	1BR,1BA	$2.23
Albion on Northwest	Oak (Ah) 1 Bedroom Apartment	1BR,1BA	$2.46
The Clayson	1 Bedroom	1BR,1BA	$2.10
Fleetwood Center	Studio	Studio ,1BA	$2.44

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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.

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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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Quick 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.

Pet Friendly Lifestyle
Baldwin, Palatine, IL

Ranked #10

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

Frequently Asked Questions about Baldwin

What type of rentals are currently available in Baldwin?

There are currently 80 Apartments for Rent in Baldwin, IL with pricing that ranges from $1,350 to $6,593. There are also 22 Single Family Homes for rent, Condos, and Townhome rentals currently available in Baldwin ranging from $1,650 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 $1,650 to $4,500 with an average monthly rent of $2,927.

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.

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