363 E Rimini Ct
PalatineIL60067
Cheap Homes for Rent in Downtown Palatine Neighborhood of Palatine, IL from $1,500 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Palatine area of Palatine.
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.
363 E Rimini Ct
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.
525 N Quentin Rd
PalatineIL60067
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Downtown Palatine, Palatine, IL Local Guide
Sunset at Deer Grove Forest Preserve by Ssiero1 is licensed under Public Domain
How much does it cost to rent a home in Downtown Palatine?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Palatine 2 Bedroom Homes for Rent | $1,978 | $1,500 | $2,750 |
| Downtown Palatine 3 Bedroom Homes for Rent | $3,000 | $2,500 | $3,200 |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 1 mile radius of the Downtown Palatine Neighborhood of Palatine, IL.
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Downtown Palatine, Palatine, IL Local Guide
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Best Value Apartments for Rent in Downtown Palatine, IL
As of October 12, 2025 the best value apartment in the Downtown Palatine area is the $1.90 price per square foot 116 W Wood St Model at 116 W Wood St, Unit 3 - Penthouse in the in the Pleasant Hill neighborhood starting from $1,900. The second greatest value Downtown Palatine apartment is the 158 N Brockway St Model at 158 N Brockway St, Unit 1A starting at $1,450 with a $1.61 price per square foot in the Pleasant Hill neighborhood. Here is today’s list of the best values for Downtown Palatine apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 116 W Wood St, Unit 3 - Penthouse | 116 W Wood St | 2BR,2BA | $1.90 |
| 158 N Brockway St, Unit 1A | 158 N Brockway St | 1BR,1BA | $1.61 |
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Frequently Asked Questions about Downtown Palatine
What type of rentals are currently available in Downtown Palatine?
There are currently 69 Apartments for Rent in Downtown Palatine, IL with pricing that ranges from $1,450 to $1,900. There are also 20 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Palatine ranging from $1,500 to $3,200.
What is the current price range for Rental Homes in Downtown Palatine?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Palatine ranges from $1,500 to $3,200 with an average monthly rent of $2,209.
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.
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.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.