
Cheap Apartments for Rent in the Twin Lakes Neighborhood of Palatine, IL from $1,100 (28 Rentals)
Search the lowest-cost Apartments available for rent right now in the Twin Lakes area of Palatine.


1100 E Randville Dr, Unit 103

Williams Reserve

Total Monthly Price
116 W Wood St, Unit 2E, Unit 2E

441 N Eric Dr, Unit 3A, Unit 3A

Total Monthly Price
425 N Eric Dr, Unit 3A, Unit 3A

Mission Creek
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Fleetwood Center

Brockway Court Apartments

Greenhaven Apartments & Townhomes

Long Valley Apartments

950 E Wilmette Rd

337 N Carter St

1321 E Ports O Call Dr
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236 Johnson St

337 N Carter St, Unit 202, Unit 202

1 Renaissance Pl

1348 Geneva Dr

304 N Carter St

Plum Grove

The Pointe Apartments
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One Arlington

Salem Lane Apartments

315 SALEM LLC

2650 Brookwood Way Dr

Crescent Place

Euclid Place

Hawthorne Apartments
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Twin Lakes, Palatine, IL Local Guide

How much does it cost to rent an apartment in Twin Lakes?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Twin Lakes Studio Apartments | $1,970 | $1,300 | $2,485 |
| Twin Lakes 1 Bedroom Apartments | $2,073 | $1,350 | $2,781 |
| Twin Lakes 2 Bedroom Apartments | $2,548 | $1,600 | $3,565 |
| Twin Lakes 3 Bedroom Apartments | $3,888 | $3,789 | $3,975 |
Browse Apartments in this Neighborhood
There are currently 28 rentals with your search options within a 2 mile radius of the Twin Lakes Neighborhood of Palatine, IL.
See all Apartments in PalatineExplore Palatine
Twin Lakes, Palatine, IL Local Guide
- Nearby Palatine neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Twin Lakes Apartments for Rent
 The cheapest available apartment rental in the Twin Lakes area of Chicago, IL is a Studio unit found at Fleetwood Center priced from $1,100. Plum Grove has the second lowest priced unit, which is a Studio apartment currently listed from $1,300. Here are the most affordable Twin Lakes apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Fleetwood Center | Studio | Studio,1BA | $1,100 |
| Plum Grove | Two Room Studio | Studio,1BA | $1,300 |
| Stonebridge of Arlington Heights | 1x1 A | 1BR,1BA | $1,659 |
| Williams Reserve | Birch | 1BR,1BA | $1,714 |
| The Pointe Apartments | Ashton | 1BR,1BA | $1,730 |
| Hawthorne Apartments | Two Bedroom | 2BR,1BA | $1,800 |
| Clover Ridge East Apartments | Ashbury | 1BR,1BA | $1,835 |
| Dunton Tower Apartments | Studio Floor Plan S1 | Studio,1BA | $1,877 |
Best Value Apartments for Rent in Twin Lakes, IL
As of April 26, 2026 the best value apartment in the Twin Lakes area is the $2.19 price per square foot 110 S Dunton Ave Model at 110 S Dunton Ave, Unit 3C in the in the Central Business District neighborhood starting from $2,700. The second greatest value Twin Lakes apartment is the 441 N Eric Dr Model at 441 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 Twin Lakes apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 110 S Dunton Ave, Unit 3C | 110 S Dunton Ave | 2BR,2BA | $2.19 |
| 441 N Eric Dr, Unit 3A | 441 N Eric Dr | 2BR,2BA | $1.80 |
| 116 W Wood St, Unit 2E | 116 W Wood St | 2BR,2BA | $1.94 |
| Stonebridge of Arlington Heights | 1x1 A Reno | 1BR,1BA | $2.01 |
| Clover Ridge East Apartments | Ashbury | 1BR,1BA | $2.32 |
| Williams Reserve | Mulberry | 1BR,1BA | $2.29 |
| Hawthorne Apartments | Two Bedroom | 2BR,1BA | $2.57 |
| The Pointe Apartments | Ashton Deluxe | 1BR,1BA | $2.71 |
| One Arlington | S1 | Studio ,1BA | $2.88 |
| Fleetwood Center | Studio | Studio ,1BA | $2.44 |
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Read ArticleQuick 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.
Pet Friendly LifestyleTwin Lakes, Palatine, IL
Ranked #5
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Cheap Twin Lakes Apartments
What is a cheap apartment in Twin Lakes?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Twin Lakes is under $1,877.
What is the price of a cheap apartment in Twin Lakes?
The cheapest apartment in Twin Lakes is Plum Grove which is listed at $1,400, while the average apartment in Twin Lakes costs $3,900.
What types of apartments are the cheapest in Twin Lakes?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 21 regular apartments in Twin Lakes that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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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