2246 W Nichols Rd
Arlington HeightsIL60004
Cheap Homes for Rent in Palatine, IL from $1,400 (38 Rentals)
Search the lowest-cost Homes available for rent right now in Palatine.
2 E Dundee Quarter Dr
PalatineIL60074
1303 Wyndham Dr, Unit 108
1303 Wyndham Dr
PalatineIL60074
646 N Kaspar Ave
Arlington HeightsIL60004
446 Osage Ln
PalatineIL60074
3255 KIRCHOFF Rd
Rolling MeadowsIL60008
1 Renaissance Pl
PalatineIL60067
520 Hill Dr, Unit 304
520 Hill Dr
Hoffman EstatesIL60169
508 E Spruce Dr
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.
1251 Wyndham Dr
PalatineIL60074
337 N Carter St
PalatineIL60067
525 N Quentin Rd, Unit 615
525 N Quentin Rd
PalatineIL60067
1009 Buccaneer Dr, Unit 3
1009 Buccaneer Dr
SchaumburgIL60173
755 Grove Dr, Unit 106
755 Grove Dr
Buffalo GroveIL60089
2A E Dundee Quarter Dr
PalatineIL60074
2014 N Rand Rd
PalatineIL60074
916 Casey Ct
SchaumburgIL60173
615 Verde Dr
SchaumburgIL60173
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.
908 Casey Ct
SchaumburgIL60173
1255 N Sterling Ave, Unit 101
1255 N Sterling Ave
PalatineIL60067
334 W Miner St, Unit 3A
334 W Miner St
Arlington HeightsIL60005
829 S Dwyer Ave
Arlington HeightsIL60005
1100 E Randville Dr
PalatineIL60074
3000 Bayside Dr, Unit 204
3000 Bayside Dr
PalatineIL60074
110 S Dunton Ave
Arlington HeightsIL60005
167 E Palatine Rd
PalatineIL60067
110 S Dunton Ave, Unit 3I
110 S Dunton Ave
Arlington HeightsIL60005
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
525 N Quentin Rd, Unit 713
525 N Quentin Rd
PalatineIL60067
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$1,965Studio Apartments Available Now
Furnished Studio-Chicago - Schaumburg - Convention Center
51 E State PkwySchaumburg, IL 60173
2028 N Rand Rd, Unit 201
2028 N Rand Rd
PalatineIL60074
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$1,979Studio Apartments Available Now
Furnished Studio-Chicago - Woodfield Mall
1200 American LnSchaumburg, IL 60173
856 E Capri Dr
PalatineIL60074
1265 N Sterling Ave
PalatineIL60067
1931 Prairie Square
SchaumburgIL60173
510 W Eastman St, Unit 2F
510 W Eastman St
Arlington HeightsIL60005
510 W Eastman St
Arlington HeightsIL60005
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
3265 Kirchoff Rd
Rolling MeadowsIL60008
4424 Euclid Ave
Rolling MeadowsIL60008
Showing Results 1-38, Page 1 of 1
Palatine, IL Local Guide
How much does it cost to rent a home in Palatine?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Palatine 2 Bedroom Homes for Rent | $2,267 | $1,550 | $3,500 |
| Palatine 3 Bedroom Homes for Rent | $3,451 | $1,995 | $6,500 |
| Palatine 4 Bedroom Homes for Rent | $3,847 | $3,290 | $5,000 |
| Palatine 5 Bedroom Homes for Rent | $3,700 | $3,700 | $3,700 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Palatine
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Palatine, IL Local Guide
- Palatine Neighborhoods
- Nearby Cities
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- School Districts
Cheapest Available Palatine Apartments for Rent
The cheapest available apartment rental in Palatine, IL is a Studio unit found at Plum Grove in the Pleasant Hill neighborhood priced from $1,300. The Preserve at Woodfield in the Des Plaines Arlington Hts Corridor neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,440. Here is today’s list of the most affordable Palatine apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Plum Grove | Two Room Studio | Studio,1BA | $1,300 |
| The Preserve at Woodfield | Elk | 1BR,1BA | $1,440 |
| Arrowhead Apartments | A2 | 1BR,1BA | $1,495 |
| Village Park Apartments | A1/3-700-X | 1BR,1BA | $1,515 |
| Fieldpointe of Schaumburg | Willow (S) | Studio,1BA | $1,536 |
| Village in the Park Apartments | Hawthorne Premium | 1BR,1BA | $1,550 |
| 214-222 S Pine Ave | 1BD/1BA | 1BR,1BA | $1,600 |
| Hawthorne Apartments | One Bedroom | 1BR,1BA | $1,600 |
| Circle Hill Apartments | 1 Bedroom/1 Bath | 1BR,1BA | $1,600 |
| Arbor Lakes | 1 Bedroom Floor Plan A1 | 1BR,1BA | $1,603 |
Best Value Apartments for Rent in Palatine, IL
As of July 09, 2026 the best value apartment in the Palatine area is the $1.98 price per square foot D1 - 3 Bed, 2 Bath Model at Albion on Lake Cook in the in the Cherrybrook Village neighborhood starting from $2,655. The second greatest value Palatine apartment is the 110 S Dunton Ave Model at 110 S Dunton Ave, Unit 3C starting at $2,500 with a $2.03 price per square foot in the Central Business District neighborhood. Here is today’s list of the best values for Palatine apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Albion on Lake Cook | D1 - 3 Bed, 2 Bath | 3BR,2BA | $1.98 |
| 110 S Dunton Ave, Unit 3C | 110 S Dunton Ave | 2BR,2BA | $2.03 |
| The Clayson | 2 Bedrooms | 2BR,1BA | $1.89 |
| Clover Ridge East Apartments | Sussex | 2BR,1BA | $2.14 |
| Circle Hill Apartments | 1 Bedroom/1 Bath | 1BR,1BA | $1.84 |
| Stonebridge of Arlington Heights | 1x1 A Reno | 1BR,1BA | $2.06 |
| The Preserve at Woodfield | Elk | 1BR,1BA | $1.80 |
| Schaumburg- International Village | 1 Bedroom 1 Bath | 1BR,1BA | $2.14 |
| 214-222 S Pine Ave | 1BD/1BA | 1BR,1BA | $2.13 |
| Arrowhead Apartments | A1 | 1BR,1BA | $2.10 |
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.
Read Article
Best Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters
A Local Expert's Guide to The 10 Best Chicago Neighborhoods near Major Local Employers. Find your perfect Chicago, IL apartment, condo, or rental home today at ApartmentHomeLiving.com
Read ArticleA Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Chicago, IL metro area for affordable living. Find your perfect Chicago Student apartment, condo, or rental home today at ApartmentHomeliving.com
Read ArticleReal 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.
Read ArticleQuick Rent Budget Calculator
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Palatine, ILPopulation: 68,053
Ranked #537
in US Census Population by City
Best Local Schools in Palatine, IL
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Palatine, IL
Frequently Asked Questions about Palatine
What type of rentals are currently available in Palatine?
There are currently 284 Apartments for Rent in Palatine, IL with pricing that ranges from $1,240 to $14,712. There are also 95 Single Family Homes for rent, Condos, and Townhome rentals currently available in Palatine ranging from $1,475 to $6,500.
What is the current price range for Rental Homes in Palatine?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Palatine ranges from $1,475 to $6,500 with an average monthly rent of $2,986.
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
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.
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.
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.
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
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.
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.
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.