Cheap Homes for Rent in Cherrybrook Village Neighborhood of Palatine, IL from $1,300 (16 Rentals)
Search the lowest-cost Homes available for rent right now in the Cherrybrook Village area of Palatine.

363 E Rimini Ct

2B E Dundee Quarter Dr

1471 N Winslowe Dr
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.

1873 N Green Ln N

444 E Osage Ln, Unit 1 A

1477 N Winslowe Dr

304 N Carter St, Unit 104

1321 E Ports O Call Dr
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.

1851 N Green Ln N

1 Renaissance Pl

1331 E Ports O Call Dr

337 N Carter St
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.

337 N Carter St, Unit #202
Cherrybrook Village, Palatine, IL Local Guide

How much does it cost to rent a home in Cherrybrook Village?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cherrybrook Village 2 Bedroom Homes for Rent | $1,956 | $1,395 | $2,700 |
| Cherrybrook Village 3 Bedroom Homes for Rent | $2,918 | $2,300 | $3,800 |
| Cherrybrook Village 4 Bedroom Homes for Rent | $3,400 | $3,400 | $3,400 |
Browse Homes for Rent in this Neighborhood
There are currently 16 rentals with your search options within a 2 mile radius of the Cherrybrook Village Neighborhood of Palatine, IL.
Explore Palatine
Cherrybrook Village, Palatine, IL Local Guide
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Cheapest Available Cherrybrook Village Apartments for Rent
 The cheapest available apartment rental in the Cherrybrook Village area of Chicago, IL is a 1 Bed unit found at Albion on Northwest priced from $1,500. The Gates of Deer Grove Apartment Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,520. Here are the most affordable Cherrybrook Village apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Albion on Northwest | Oak (A) | 1BR,1BA | $1,500 |
| The Gates of Deer Grove Apartment Homes | One Bedroom - 740 sqft | 1BR,1BA | $1,520 |
| The Clayson | 1 Bedroom | 1BR,1BA | $1,565 |
| Arrowhead | Stream | 1BR,1BA | $1,599 |
| Williams Reserve | Birch | 1BR,1BA | $1,607 |
Best Value Apartments for Rent in Cherrybrook Village, IL
As of December 21, 2025 the best value apartment in the Cherrybrook Village area is the $1.71 price per square foot (D1r) 3 Bed, 2 Bath Model at Albion on Lake Cook in the in the Cherrybrook Village neighborhood starting from $2,295. The second greatest value Cherrybrook Village 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 Cherrybrook Village apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Albion on Lake Cook | (D1r) 3 Bed, 2 Bath | 3BR,2BA | $1.71 |
| 441 N Eric Dr, Unit 3A | 441 N Eric Dr | 2BR,2BA | $1.80 |
| 116 W Wood St, Unit 3 - Penthouse | 116 W Wood St | 2BR,2BA | $1.90 |
| The Gates of Deer Grove Apartment Homes | Two Bedroom- 875 sqft | 2BR,1BA | $2.41 |
| Deer Park Crossing Apartments | Clover | 1BR,1BA | $2.64 |
| Arrowhead | Falls | 2BR,1BA | $2.34 |
| Clover Ridge East Apartments | Ashbury | 1BR,1BA | $2.14 |
| Williams Reserve | Mulberry | 1BR,1BA | $2.25 |
| Albion on Northwest | Oak (Ah) | 1BR,1BA | $2.38 |
| The Clayson | 1 Bedroom | 1BR,1BA | $2.24 |
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 ArticleThe 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.
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.
Pet Friendly LifestyleCherrybrook Village, Palatine, IL
Ranked #8
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Cherrybrook Village, Palatine, IL
School data provided by Great Schools
Frequently Asked Questions about Cherrybrook Village
What type of rentals are currently available in Cherrybrook Village?
There are currently 155 Apartments for Rent in Cherrybrook Village, IL with pricing that ranges from $675 to $5,800. There are also 53 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cherrybrook Village ranging from $1,395 to $3,800.
What is the current price range for Rental Homes in Cherrybrook Village?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Cherrybrook Village ranges from $1,395 to $3,800 with an average monthly rent of $2,485.
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
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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
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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
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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

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.


