
Cheap Apartments for Rent in the Chestnut Woods Neighborhood of Palatine, IL from $1,300 (35 Rentals)
Search the lowest-cost Apartments available for rent right now in the Chestnut Woods area of Palatine.


Total Monthly Price
Albion on Northwest

The Gates of Deer Grove Apartment Homes

Total Monthly Price
826 E Capri Dr, Unit 826 #1

The Metropolitan

Groves of Palatine

77 N Quentin Rd

Hidden Prairie
Chicago's Best Affordable Neighborhoods
Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms

The Stratford

Deer Run

Cornell Lakes

Hamilton Creek

Palatine Commons

Hidden Cove Condominium

2-66 N Smith St

24 N Silverton Ct
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Townes of St. James

Georgetown Apartments

Brandon Grove

Cobblestone Court Condominiums

Preserve/Palatine Condos

Hamilton Place

775-788 W Northwest Hwy

245-255 N Smith St
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Park Towne

Auburn Woods

Palatine Station

Hickory Hill

Golfview Commons

Inverleith Apartments

Palatine Park Apartments

430 W Palatine Rd
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

The Residences at Payton Place

One Arlington

Plum Grove
Chestnut Woods, Palatine, IL Local Guide

How much does it cost to rent an apartment in Chestnut Woods?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Chestnut Woods Studio Apartments | $1,992 | $1,475 | $2,425 |
| Chestnut Woods 1 Bedroom Apartments | $1,936 | $1,350 | $2,945 |
| Chestnut Woods 2 Bedroom Apartments | $2,268 | $1,775 | $3,775 |
| Chestnut Woods 3 Bedroom Apartments | $2,812 | $2,151 | $3,500 |
Browse Apartments in this Neighborhood
There are currently 35 rentals with your search options within a 1 mile radius of the Chestnut Woods Neighborhood of Palatine, IL.
See all Apartments in PalatineExplore Palatine
Cheapest Available Chestnut Woods Apartments for Rent
 The cheapest available apartment rental in the Chestnut Woods area of Chicago, IL is a Studio unit found at Plum Grove priced from $1,475. The Gates of Deer Grove Apartment Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,595. Here are the most affordable Chestnut Woods apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Plum Grove | Two Room Studio | Studio,1BA | $1,475 |
| The Gates of Deer Grove Apartment Homes | One Bedroom - 740 sqft | 1BR,1BA | $1,595 |
| Albion on Northwest | Elm (A1) 1 Bedroom Aparment | 1BR,1BA | $1,647 |
| The Clayson | 2 Bedrooms | 2BR,1BA | $1,804 |
| The Residences at Payton Place | A9 | 1BR,1BA | $2,214 |
| One Arlington | S1 Penthouse | Studio,1BA | $2,216 |
Best Value Apartments for Rent in Chestnut Woods, IL
As of July 30, 2026 the best value apartment in the Chestnut Woods area is the $1.53 price per square foot 826 E Capri Dr Model at 826 E Capri Dr, Unit 826 #1 in the in the Cherrybrook Village neighborhood starting from $2,250. The second greatest value Chestnut Woods apartment is the 2 Bedrooms Model at The Clayson starting at $1,804 with a $1.90 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. |
|---|---|---|---|
| 826 E Capri Dr, Unit 826 #1 | 826 E Capri Dr | 3BR,1.5BA | $1.53 |
| The Clayson | 2 Bedrooms | 2BR,1BA | $1.90 |
| The Residences at Payton Place | A6 | 1BR,1BA | $2.82 |
| 158 S Clyde Ave, Unit 1 | 158 S Clyde Ave | 1BR,1BA | $1.69 |
| The Gates of Deer Grove Apartment Homes | One Bedroom - 740 sqft | 1BR,1BA | $2.16 |
| Albion on Northwest | Oak (Ah) 1 Bedroom Apartment | 1BR,1BA | $2.42 |
| One Arlington | S1 Penthouse | Studio ,1BA | $4.04 |
| Plum Grove | Two Room Studio | Studio ,1BA | $3.28 |
Frequently Asked Questions about Cheap Chestnut Woods Apartments
How much is rent for a Cheap One Bedroom Chestnut Woods Apartment?
The lowest price for a Cheap One Bedroom Chestnut Woods Apartment is $1,575 at Plum Grove.
What is the lowest price for a Cheap Two Bedroom Chestnut Woods Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Chestnut Woods is starting from $1,775 at Plum Grove.
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

The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago
Written by: Nicole Harms
When choosing a place to live, there are many things you must consider. Your employer, your shopping preferences, and even schools are all important to think about. Yet cost of living is also important to know and plan for.

Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible
Written by: Nicole Harms
I’m Nicole, you’re ApartmentHomeLiving.com Local Expert for Chicago. There’s no denying I love the Windy City. Yet there’s also no denying that rental homes in Chicago can be pricy, small, and hard to find.

Chicago Relocation 101: Mastering Utilities, Registration, and the CTA
Written by: Nicole Harms
Moving to a new city is always an exciting time, especially one as vibrant and diverse as Chicago. With world-class museums, a breathtaking lakefront, and numerous employment opportunities, there’s much to love about this city.

Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
Written by: Nicole Harms
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.