
Homes for Rent in Palatine, IL Under $5,000 (77 Rentals)


410 W Mahogany Ct, Unit 610

3000 Bayside Dr, Unit 000

1851 N Green Ln N

525 N Quentin Rd

525 N Quentin Rd

1134 S Hiddenbrook Trail

524 E Knox St
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.

1435 Katie Ln

1100 N Lakeside Dr

139 S Quentin Rd

1542 E Chivalry Ct

440 E Thornhill Ln

410 W Mahogany Ct

151 E Palatine Rd

229 W Fairfield Ct

2060 N Rand Rd

1235 Wyndham Ct

1412 Carol Ct
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

716 N Deer Run Dr

470 W Mahogany Ct

235 Johnson St

1 Renaissance Pl

375 E Rimini Ct

15B E Dundee Quarter Dr

1251 Wyndham Dr

607 W Maude Ave

10 S Dunton Ave, Unit 214
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

1440 Gentry Rd

330 W Miner St

1001 Buccaneer Dr, Unit 3

1906 Plum Grove Rd, Unit Kings Walk

1806 Hemlock Pl, Unit 110

520 Hill Dr, Unit 304

3 Villa Verde Dr, Unit 302

2200 Progress Pkwy

2200 Progress Pkwy

1035 Hassell Rd
Chicago's Best Affordable Neighborhoods
Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms

597 Hillcrest Ct

3420 N Old Arlington Heights Rd

330 W Miner St

1001 Buccaneer Dr

21824 Cambridge Dr

105 Roxborough Pl

1318 Lakepointe Dr

2610 Pebblebrook Ln

2762 N Greenwood Ave

222 Frances Ln

1315 W Oakton St
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 | $2,299 | $1,800 | $3,200 |
Palatine 3 Bedroom Homes for Rent | $3,437 | $2,700 | $5,000 |
Palatine 4 Bedroom Homes for Rent | $3,492 | $2,950 | $4,000 |
Palatine 5 Bedroom Homes for Rent | $5,533 | $5,000 | $5,800 |
Browse Top Homes for Rent in Palatine
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Palatine, IL Local Guide
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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.
Frequently Asked Questions about Palatine
What type of rentals are currently available in Palatine?
There are currently 282 Apartments for Rent in Palatine, IL with pricing that ranges from $1,300 to $7,484. There are also 81 Single Family Homes for rent, Condos, and Townhome rentals currently available in Palatine ranging from $1,495 to $5,800.
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 $1,495 to $5,800 with an average monthly rent of $3,312.
How much are larger Three and Four Bedroom Rentals in Palatine?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Palatine range from $2,135 to $7,484, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,700 to $5,000. Four Bedroom Single-Family rentals are also available starting from $2,950 and Four Bedroom Apartments start at $3,510.
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.