Cheap Apartments for Rent in the Chestnut Woods Neighborhood of Palatine, IL from $1,300 (34 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Chestnut Woods area of Palatine.

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The Metropolitan
2 Bedroom Apartments

The Metropolitan

235 N Smith StPalatine, IL 60067
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Groves of Palatine
1 to 3 Bedroom Apartments

Groves of Palatine

410-470 Mahogony DrPalatine, IL 60067
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77 N Quentin Rd
2 to 3 Bedroom Apartments

77 N Quentin Rd

77 N Quentin RdPalatine, IL 60067
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Hidden Prairie
2 to 3 Bedroom Apartments

Hidden Prairie

588-679 N Hidden Prairie CtPalatine, IL 60067
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The Stratford
1 to 2 Bedroom Apartments

The Stratford

190 W Johnson StPalatine, IL 60067
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Hamilton Creek
2 Bedroom Apartments

Hamilton Creek

205 W Hamilton DrPalatine, IL 60067

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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Cornell Lakes
2 Bedroom Apartments

Cornell Lakes

400-510 Cornell AvePalatine, IL 60067
  • Smoke Free
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Palatine Commons
2 to 3 Bedroom Apartments

Palatine Commons

441 Fairview WayPalatine, IL 60067
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Deer Run
Studio Apartments

Deer Run

634 N Deer Run DrPalatine, IL 60067
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2-66 N Smith St
Studio Apartments

2-66 N Smith St

2-66 N Smith StPalatine, IL 60067
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24 N Silverton Ct
3 Bedroom Apartments

24 N Silverton Ct

24 N Silverton CtPalatine, IL 60067

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.

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Brandon Grove
2 Bedroom Apartments

Brandon Grove

109-197 W Brandon CtPalatine, IL 60067
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Hamilton Place
2 Bedroom Apartments

Hamilton Place

223-265 W Jennifer LnPalatine, IL 60067
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Hickory Hill
3 Bedroom Apartments

Hickory Hill

802-893 St Johns PlPalatine, IL 60067
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Park Towne
Studio to 2 Bedroom Apartments

Park Towne

140 W Wood StPalatine, IL 60067

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Auburn Woods
2 to 3 Bedroom Apartments

Auburn Woods

818-1087 N Auburn Woods DrPalatine, IL 60067
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Palatine Station
Studio to 1 Bedroom Apartments

Palatine Station

82-266 N Smith StPalatine, IL 60067
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Golfview Commons
2 to 3 Bedroom Apartments

Golfview Commons

220-266 W Golfview TerPalatine, IL 60067
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425 N Stephen Dr
1 to 2 Bedroom Apartments

425 N Stephen Dr

425 N Stephen DrPalatine, IL 60067
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Inverleith Apartments
Studio to 2 Bedroom Apartments

Inverleith Apartments

525 N Quentin RdPalatine, IL 60067
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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430 W Palatine Rd
1 Bedroom Apartments

430 W Palatine Rd

430 W Palatine RdPalatine, IL 60067
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240 N Smith St
Studio Apartments

240 N Smith St

240 N Smith StPalatine, IL 60067

Cheapest Available Chestnut Woods Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Albion on NorthwestOak (A)1BR,1BA$1,500

Best Value Apartments for Rent in Chestnut Woods, IL

As of January 19, 2026 the best value apartment in the Chestnut Woods area is the $1.80 price per square foot 441 N Eric Dr Model at 441 N Eric Dr, Unit 3A in the in the Pleasant Hill neighborhood starting from $1,795. The second greatest value Chestnut Woods apartment is the Oak (Ah) Model at Albion on Northwest starting at $1,795 with a $2.44 price per square foot in the Cherrybrook Village neighborhood. Here is today’s list of the best values for Chestnut Woods apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
441 N Eric Dr, Unit 3A441 N Eric Dr2BR,2BA$1.80
Albion on NorthwestOak (Ah)1BR,1BA$2.44

Frequently Asked Questions about Cheap Chestnut Woods Apartments

What is the price of a cheap apartment in Chestnut Woods?

The cheapest apartment in Chestnut Woods is Albion on Northwest which is listed at $1,500, while the average apartment in Chestnut Woods costs $2,062.

What types of apartments are the cheapest in Chestnut Woods?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 35 regular apartments in Chestnut Woods that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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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Articles, How-To's, and Tips

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

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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.

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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.

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Apartment Common Area Rules: What Renters Need to Know

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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

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