1471 N Winslowe Dr
PalatineIL60074
Cheap Homes for Rent in Palatine, IL from $1,400 (36 Rentals)
Search the lowest-cost Homes available for rent right now in Palatine.
363 E Rimini Ct
PalatineIL60067
1 Renaissance Pl
PalatineIL60067
304 N Carter St, Unit 104
304 N Carter St
PalatineIL60067
304 N Carter St
PalatineIL60067
2407 Randall Ln
Arlington HeightsIL60004
1321 E Ports O Call Dr
PalatineIL60074
1227 E Long Valley Dr, Unit 1A
1227 E Long Valley Dr
PalatineIL60074
1813 Hemlock Pl
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.
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$1,6502 Bedroom Apartments Available Now
1331 E Ports O Call Dr
1331 E Ports O Call DrPalatine, IL 60074
444 Osage Ln
PalatineIL60074
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$1,6502 Bedroom Apartments Available Now
1851 N Green Ln N
1851 N Green Ln NPalatine, IL 60074
525 N Quentin Rd
PalatineIL60067
3275 Kirchoff Rd
Rolling MeadowsIL60008
456 E Spruce Dr
PalatineIL60074
6B E Dundee Quarter Dr
PalatineIL60074
337 N Carter St
PalatineIL60067
337 N Carter St, Unit #202
337 N Carter St
PalatineIL60067
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.
337 N Carter St
PalatineIL60067
130 Crestwood Ct
SchaumburgIL60195
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$1,727Studio Apartments Available Now
Furnished Studio-Chicago - Woodfield Mall
1200 American LnSchaumburg, IL 60173
211 N Bothwell St
PalatineIL60067
1453 N Winslowe Dr, Unit 303
1453 N Winslowe Dr
PalatineIL60074
525 N Quentin Rd
PalatineIL60067
1255 N Sterling Ave
PalatineIL60067
525 N Quentin Rd
PalatineIL60067
809 S Dwyer Ave
Arlington HeightsIL60005
Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
Learn about the best things about living in Chicago from a local in the Insiders Guide to Renting in Chicago. Find your perfect Chicago apartment today!
803 S Dwyer Ave
Arlington HeightsIL60005
225 S Rohlwing Rd
PalatineIL60074
1237 Wyndham Ct
PalatineIL60074
880 S Plum Grove Rd
PalatineIL60067
236 Robert Parker Coffin Rd
Long GroveIL60047
110 S Dunton Ave
Arlington HeightsIL60005
913 Casey Ct
SchaumburgIL60173
2423 N Kennicott Dr
Arlington HeightsIL60004
1 N Chestnut Ave
Arlington HeightsIL60005
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
Showing Results 1-36, Page 1 of 1
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 Palatine?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Palatine 2 Bedroom Homes for Rent | $2,119 | $1,550 | $5,500 |
| Palatine 3 Bedroom Homes for Rent | $3,053 | $2,100 | $7,500 |
| Palatine 4 Bedroom Homes for Rent | $3,288 | $2,999 | $3,550 |
| Palatine 5 Bedroom Homes for Rent | $6,500 | $6,500 | $6,500 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Palatine, IL Local Guide
- Palatine Neighborhoods
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Cheapest Available Palatine Apartments for Rent
The cheapest available apartment rental in Palatine, IL is a Studio unit found at Fleetwood Center in the Pleasant Hill neighborhood priced from $1,100. Plum Grove in the Pleasant Hill neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,300. Here is today’s list of the most affordable Palatine apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Fleetwood Center | Studio | Studio,1BA | $1,100 |
| Plum Grove | Two Room Studio | Studio,1BA | $1,300 |
| The Preserve at Woodfield | Elk | 1BR,1BA | $1,360 |
| Albion on Northwest | Oak (A) 1 Bedroom Apartment | 1BR,1BA | $1,416 |
| 214-222 S Pine Ave | 1BD/1BA | 1BR,1BA | $1,475 |
| 21 Kristin | 1x1P - (Partial) | 1BR,1BA | $1,509 |
| Versailles on the Lakes Schaumburg | Calais - West | Studio,1BA | $1,510 |
| Village Park Apartments, LLC | A1/1-700-X | 1BR,1BA | $1,525 |
| Circle Hill Apartments | 1 Bedroom/1 Bath | 1BR,1BA | $1,550 |
| The Gates of Deer Grove Apartment Homes | One Bedroom - 740 sqft | 1BR,1BA | $1,560 |
Best Value Apartments for Rent in Palatine, IL
As of February 23, 2026 the best value apartment in the Palatine area is the $1.81 price per square foot D1 - 3 Bed, 2 Bath Model at Albion on Lake Cook in the in the Cherrybrook Village neighborhood starting from $2,432. The second greatest value Palatine apartment is the 2 Bedroom/1.5 Baths Model at Circle Hill Apartments starting at $1,800 with a $1.78 price per square foot in the Coventry Park 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 | $1.81 |
| Circle Hill Apartments | 2 Bedroom/1.5 Baths | 2BR,1.5BA | $1.78 |
| 441 N Eric Dr, Unit 3A | 441 N Eric Dr | 2BR,2BA | $1.80 |
| The Clayson | 2 Bedrooms | 2BR,1BA | $1.87 |
| The Preserve at Woodfield | Arbor | 2BR,1BA | $1.74 |
| Stonebridge of Arlington Heights | 1x1 A Reno | 1BR,1BA | $1.94 |
| 116 W Wood St, Unit 1E | 116 W Wood St | 2BR,1BA | $1.97 |
| Schaumburg- International Village | 1 Bedroom 1 Bath | 1BR,1BA | $2.07 |
| 214-222 S Pine Ave | 1BD/1BA | 1BR,1BA | $1.97 |
| The Gates of Deer Grove Apartment Homes | One Bedroom - 740 sqft | 1BR,1BA | $2.11 |
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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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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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
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Best Local Schools in Palatine, IL
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Palatine, IL Rentals by Map
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 286 Apartments for Rent in Palatine, IL with pricing that ranges from $1,226 to $9,110. There are also 103 Single Family Homes for rent, Condos, and Townhome rentals currently available in Palatine ranging from $1,400 to $7,500.
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 $1,400 to $7,500 with an average monthly rent of $3,301.
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
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.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
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
Written by: Bob Mallory
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.