Cheap Homes for Rent in Circle Park Neighborhood of Palatine, IL from $1,600 (5 Rentals)

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

property at 1 Renaissance Pl

$1,600 - $2,100

1 To 2 Bedroom Rentals

Available Now

1 Renaissance Pl

PalatineIL60067

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

property at 337 N Carter St

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700

Total Monthly Price
$1,700

1 Bedroom, 1 Bath Condo for Rent

Available Now

337 N Carter St, Unit 202

337 N Carter St
PalatineIL60067

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.

property at 209 Johnson St

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

2 Bedroom, 1 Bath Condo for Rent

Available Now

209 Johnson St, Unit 1A

209 Johnson St
PalatineIL60067

Circle Park, Palatine, IL Local Guide

Best Value Apartments for Rent in Circle Park, IL

As of June 11, 2026 the best value apartment in the Circle Park 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 Circle Park apartment is the 425 N Eric Dr Model at 425 N Eric Dr, Unit 3A starting at $1,795 with a $1.80 price per square foot in the Pleasant Hill neighborhood. Here is today’s list of the best values for Circle Park 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
425 N Eric Dr, Unit 3A425 N Eric Dr2BR,2BA$1.80
116 W Wood St, Unit 2E116 W Wood St2BR,2BA$1.94
158 N Brockway St, Unit 1B158 N Brockway St1BR,1BA$1.66

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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

Ranked #

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

Pet Friendliness Lifestyle Score

Pet Friendly

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Frequently Asked Questions about Circle Park

What type of rentals are currently available in Circle Park?

There are currently 66 Apartments for Rent in Circle Park, IL with pricing that ranges from $1,495 to $1,795. There are also 12 Single Family Homes for rent, Condos, and Townhome rentals currently available in Circle Park ranging from $1,600 to $4,400.

What is the current price range for Rental Homes in Circle Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Circle Park ranges from $1,600 to $4,400 with an average monthly rent of $2,526.

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

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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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Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

Written by: Nicole Harms

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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Best Neighborhoods to Rent in Near Chicago's Top Employers

Written by: Nicole Harms

Whenever life takes me into the city, I’m always impressed with the sheer amount of industry and commerce that it holds. With all of that commerce comes a wide range of employment options.

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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

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.