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Rent Specials
$1,500 - $2,3751 to 2 Bedroom Apartments Available Now
Albion on Northwest
975 N Sterling AvePalatine, IL 60067
Cheap Apartments for Rent in the Chestnut Woods Neighborhood of Palatine, IL from $1,300 (33 Rentals)
Search the lowest-cost Apartments available for rent right now in the Chestnut Woods area of Palatine.
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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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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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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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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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Showing Results 1-33, Page 1 of 1
Chestnut Woods, Palatine, IL Local Guide
Sunset at Deer Grove Forest Preserve by Ssiero1 is licensed under Public Domain
How much does it cost to rent an apartment in Chestnut Woods?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Chestnut Woods 1 Bedroom Apartments | $1,685 | $1,500 | $1,950 |
| Chestnut Woods 2 Bedroom Apartments | $2,048 | $1,690 | $2,400 |
Browse Apartments in this Neighborhood
There are currently 33 rentals with your search options within a 1 mile radius of the Chestnut Woods Neighborhood of Palatine, IL.
See all Apartments in PalatineExplore Palatine
Chestnut Woods, Palatine, IL Local Guide
- Nearby Palatine neighborhoods
- Nearby Cities
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Cheapest Available Chestnut Woods Apartments for Rent
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Albion on Northwest | Oak (A) | 1BR,1BA | $1,500 |
Best Value Apartments for Rent in Chestnut Woods, IL
As of November 02, 2025 the best value apartment in the Chestnut Woods area is the $1.54 price per square foot 340 W Johnson St Model at 340 W Johnson St, Unit Apt. 2 in the in the Pleasant Hill neighborhood starting from $1,690. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 340 W Johnson St, Unit Apt. 2 | 340 W Johnson St | 2BR,1.5BA | $1.54 |
| Albion on Northwest | Oak (Ah) | 1BR,1BA | $2.44 |
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.
Read Article
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.
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Pet Friendly LifestyleChestnut Woods, Palatine, IL
Ranked #9
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
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 21 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
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.
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.
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.