
Cheap Homes for Rent in Chestnut Woods Neighborhood of Palatine, IL from $1,600 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Chestnut Woods area of Palatine.


525 N Quentin Rd
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337 N Carter St, Unit 202

525 N Quentin Rd
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525 N Quentin Rd
Chestnut Woods, Palatine, IL Local Guide

How much does it cost to rent a home in Chestnut Woods?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Chestnut Woods 2 Bedroom Homes for Rent | $2,331 | $1,800 | $3,000 |
| Chestnut Woods 3 Bedroom Homes for Rent | $3,250 | $2,800 | $3,700 |
| Chestnut Woods 5 Bedroom Homes for Rent | $3,500 | $3,500 | $3,500 |
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 1 mile radius of the Chestnut Woods Neighborhood of Palatine, IL.
Explore Palatine
Cheapest Available Chestnut Woods Apartments for Rent
 | Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Albion on Northwest | Oak (A) 1 Bedroom Apartment | 1BR,1BA | $1,416 |
Best Value Apartments for Rent in Chestnut Woods, IL
As of March 13, 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) 1 Bedroom Apartment Model at Albion on Northwest starting at $1,811 with a $2.46 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. |
|---|---|---|---|
| 441 N Eric Dr, Unit 3A | 441 N Eric Dr | 2BR,2BA | $1.80 |
| Albion on Northwest | Oak (Ah) 1 Bedroom Apartment | 1BR,1BA | $2.46 |
Frequently Asked Questions about Chestnut Woods
What type of rentals are currently available in Chestnut Woods?
There are currently 43 Apartments for Rent in Chestnut Woods, IL with pricing that ranges from $1,416 to $2,391. There are also 14 Single Family Homes for rent, Condos, and Townhome rentals currently available in Chestnut Woods ranging from $1,650 to $3,700.
What is the current price range for Rental Homes in Chestnut Woods?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Chestnut Woods ranges from $1,650 to $3,700 with an average monthly rent of $2,686.
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
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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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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.

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Articles, How-To's, and Tips

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

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.

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.