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

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

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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property at 1 Renaissance Pl

1 Renaissance Pl

PalatineIL60067

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Cherrybrook Village, Palatine, IL Local Guide

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 The Clayson priced from $1,430. Albion on Northwest has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,500. Here are the most affordable Cherrybrook Village apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
The Clayson1 Bedroom1BR,1BA$1,430
Albion on NorthwestOak (A)1BR,1BA$1,500
Williams ReserveAspenStudio,1BA$1,517

Best Value Apartments for Rent in Cherrybrook Village, IL

As of November 01, 2025 the best value apartment in the Cherrybrook Village area is the $1.83 price per square foot Newly Renovated (D1r) Model at Albion on Lake Cook in the in the Cherrybrook Village neighborhood starting from $2,450. The second greatest value Cherrybrook Village apartment is the 340 W Johnson St Model at 340 W Johnson St, Unit Apt. 2 starting at $1,690 with a $1.54 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Albion on Lake CookNewly Renovated (D1r)3BR,2BA$1.83
340 W Johnson St, Unit Apt. 2340 W Johnson St2BR,1.5BA$1.54
116 W Wood St, Unit 3 - Penthouse116 W Wood St2BR,2BA$1.90
158 N Brockway St, Unit 1A158 N Brockway St1BR,1BA$1.61
The Gates of Deer Grove Apartment HomesTwo Bedroom- 875 sqft2BR,1BA$2.42
ArrowheadFalls2BR,1BA$2.27
Clover Ridge East ApartmentsAshbury1BR,1BA$2.05
1471 N Winslowe Dr, Unit 2031471 N Winslowe Dr1BR,1BA$1.87
Albion on NorthwestOak (Ah)1BR,1BA$2.44
The Clayson1 Bedroom1BR,1BA$2.04

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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Quick Rent Budget Calculator

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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 Lifestyle
Cherrybrook Village, Palatine, IL

Ranked #9

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Frequently Asked Questions about Cherrybrook Village

What type of rentals are currently available in Cherrybrook Village?

There are currently 154 Apartments for Rent in Cherrybrook Village, IL with pricing that ranges from $1,400 to $5,800. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cherrybrook Village ranging from $1,350 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 $1,350 to $3,800 with an average monthly rent of $2,486.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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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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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.