Cheap Homes for Rent in Twin Lakes Neighborhood of Palatine, IL from $1,400 (17 Rentals)

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

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.

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.

property at 330 W Miner St

330 W Miner St

Arlington HeightsIL60005

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.

Twin Lakes, Palatine, IL Local Guide

Cheapest Available Twin Lakes Apartments for Rent

 

The cheapest available apartment rental in the Twin Lakes area of Chicago, IL is a 1 Bed unit found at Brockway Court Apartments priced from $1,300. 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 ListingModel NameBed/BathPriced From
Brockway Court Apartments1x11BR,1BA$1,300
Plum GroveTwo Room StudioStudio,1BA$1,300
Hawthorne ApartmentsOne Bedroom1BR,1BA$1,500
Stonebridge of Arlington Heights1x1 A Reno1BR,1BA$1,629
Williams ReserveBirch1BR,1BA$1,682

Best Value Apartments for Rent in Twin Lakes, IL

As of July 12, 2025 the best value apartment in the Twin Lakes area is the $2.52 price per square foot A1 Model at One Arlington in the in the Pleasant Hill neighborhood starting from $2,491. The second greatest value Twin Lakes apartment is the 1x1 A Reno Model at Stonebridge of Arlington Heights starting at $1,629 with a $1.92 price per square foot in the McHenry Road neighborhood. Here is today’s list of the best values for Twin Lakes apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
One ArlingtonA11BR,1BA$2.52
Stonebridge of Arlington Heights1x1 A Reno1BR,1BA$1.92
Clover Ridge East ApartmentsAshbury1BR,1BA$2.23
Williams ReserveMulberry1BR,1BA$2.17
The Pointe ApartmentsAshton Deluxe1BR,1BA$2.73
Brockway Court Apartments1x11BR,1BA$1.86
Hancock Square at Arlington StationA11BR,1BA$2.89
Dunton Tower ApartmentsStudio Floor Plan S1Studio ,1BA$3.24
Hawthorne ApartmentsOne Bedroom1BR,1BA$2.50
Plum GroveTwo Room StudioStudio ,1BA$2.89

Quick Rent Budget Calculator

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Frequently Asked Questions about Twin Lakes

What type of rentals are currently available in Twin Lakes?

There are currently 177 Apartments for Rent in Twin Lakes, IL with pricing that ranges from $1,300 to $6,829. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in Twin Lakes ranging from $1,400 to $4,300.

What is the current price range for Rental Homes in Twin Lakes?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Twin Lakes ranges from $1,400 to $4,300 with an average monthly rent of $2,763.

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.

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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.

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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.

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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.

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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.