Cheap Homes for Rent in Heatherlea Neighborhood of Palatine, IL from $1,100 (9 Rentals)

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

property at 520 E Spruce Dr

$1,195

Total Monthly Price

Total Monthly Price

Base Rent
$1,195

Total Monthly Price
$1,195

1 Bedroom, 1 Bath Condo for Rent

Available Now

520 E Spruce Dr, Unit 1A

520 E Spruce Dr
PalatineIL60074
property at 431 Osage Ln

$1,295

Total Monthly Price

Total Monthly Price

Base Rent
$1,295

Total Monthly Price
$1,295

2 Bedroom, 1 Bath Condo for Rent

Available Now

431 Osage Ln, Unit 2B

431 Osage Ln
PalatineIL60074

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 1 Renaissance Pl

$1,600 - $2,100

1 To 2 Bedroom Rentals

Available Now

1 Renaissance Pl

PalatineIL60067
property at 444 Osage Ln

$1,650

2 Bedroom Rentals

Available Now

444 Osage Ln

PalatineIL60074
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.

Heatherlea, Palatine, IL Local Guide

Cheapest Available Heatherlea Apartments for Rent

 

The cheapest available apartment rental in the Heatherlea area of Chicago, IL is a 1 Bed unit found at Arbor Lakes priced from $1,603. Albion on Northwest has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,608. Here are the most affordable Heatherlea apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
Arbor Lakes1 Bedroom Floor Plan A11BR,1BA$1,603
Albion on NorthwestElm (A1) 1 Bedroom Aparment1BR,1BA$1,608
The Gates of Deer Grove Apartment HomesOne Bedroom - 740 sqft1BR,1BA$1,625

Best Value Apartments for Rent in Heatherlea, IL

As of June 12, 2026 the best value apartment in the Heatherlea area is the $1.94 price per square foot D1 - 3 Bed, 2 Bath Model at Albion on Lake Cook in the in the Cherrybrook Village neighborhood starting from $2,607. The second greatest value Heatherlea 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 Heatherlea apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Albion on Lake CookD1 - 3 Bed, 2 Bath3BR,2BA$1.94
425 N Eric Dr, Unit 3A425 N Eric Dr2BR,2BA$1.80
The Clayson2 Bedrooms2BR,1BA$1.89
514 Spruce Dr, Unit 1514 Spruce Dr2BR,1BA$1.88
116 W Wood St, Unit 2E116 W Wood St2BR,2BA$1.94
158 N Brockway St, Unit 1B158 N Brockway St1BR,1BA$1.66
1332 E Ports O Call Dr, Unit EP1332 E Ports O Call Dr2BR,1BA$1.53
Williams ReserveMulberry1BR,1BA$2.29
Arbor Lakes1 Bedroom Floor Plan A11BR,1BA$2.14
The Gates of Deer Grove Apartment HomesOne Bedroom - 740 sqft1BR,1BA$2.20

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

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 Lifestyle
Heatherlea, Palatine, IL

Ranked #7

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Heatherlea

What type of rentals are currently available in Heatherlea?

There are currently 39 Apartments for Rent in Heatherlea, IL with pricing that ranges from $1,300 to $6,611. There are also 15 Single Family Homes for rent, Condos, and Townhome rentals currently available in Heatherlea ranging from $1,400 to $2,900.

What is the current price range for Rental Homes in Heatherlea?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Heatherlea ranges from $1,400 to $2,900 with an average monthly rent of $2,020.

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.

decorative image for Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago article

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.

decorative image for Best Neighborhoods to Rent in Near Chicago's Top Employers article

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.

decorative image for Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago article

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

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

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.