1461 N Winslowe Dr
PalatineIL60074
Cheap Homes for Rent in Twin Lakes Neighborhood of Palatine, IL from $1,500 (9 Rentals)
Search the lowest-cost Homes available for rent right now in the Twin Lakes area of Palatine.
1459 N Winslowe Dr, Unit 301
1459 N Winslowe Dr
PalatineIL60074
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$1,6001 Bedroom Apartments Available Now
1348 Geneva Dr, Unit 1b
1348 Geneva DrPalatine, IL 60074
1 Renaissance Pl
PalatineIL60067
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.
337 N Carter St, Unit 202
337 N Carter St
PalatineIL60067
2650 Brookwood Way Dr, Unit 2650 Brookwood Way Dr Rolling Meadows
2650 Brookwood Way Dr
Rolling MeadowsIL60008
509 N Dunton Ave, Unit #6, 2nd Floor
509 N Dunton Ave
Arlington HeightsIL60004
3000 Bayside Dr, Unit 204
3000 Bayside Dr
PalatineIL60074
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.
334 W Miner St, Unit 3A
334 W Miner St
Arlington HeightsIL60005
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Twin Lakes, Palatine, IL Local Guide
How much does it cost to rent a home in Twin Lakes?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Twin Lakes 2 Bedroom Homes for Rent | $2,378 | $1,750 | $3,200 |
| Twin Lakes 3 Bedroom Homes for Rent | $2,954 | $2,300 | $4,400 |
| Twin Lakes 4 Bedroom Homes for Rent | $3,395 | $3,395 | $3,395 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 9 rentals with your search options within a 2 mile radius of the Twin Lakes Neighborhood of Palatine, IL.
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Twin Lakes, Palatine, IL Local Guide
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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 Plum Grove priced from $1,300. Stonebridge of Arlington Heights has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,609. Here are the most affordable Twin Lakes apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Plum Grove | Two Room Studio | Studio,1BA | $1,300 |
| Stonebridge of Arlington Heights | 1x1 A | 1BR,1BA | $1,609 |
| Clover Ridge East Apartments | Ashbury | 1BR,1BA | $1,675 |
Best Value Apartments for Rent in Twin Lakes, IL
As of June 12, 2026 the best value apartment in the Twin Lakes area is the $2.03 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 $2,500. The second greatest value Twin Lakes apartment is the 2600 Brookwood Way Dr Model at 2600 Brookwood Way Dr, Unit Brookwood starting at $2,000 with a $1.67 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 | $2.03 |
| 2600 Brookwood Way Dr, Unit Brookwood | 2600 Brookwood Way Dr | 2BR,2BA | $1.67 |
| 425 N Eric Dr, Unit 3A | 425 N Eric Dr | 2BR,2BA | $1.80 |
| 116 W Wood St, Unit 2E | 116 W Wood St | 2BR,2BA | $1.94 |
| 158 N Brockway St, Unit 1B | 158 N Brockway St | 1BR,1BA | $1.66 |
| Clover Ridge East Apartments | Sussex | 2BR,1BA | $2.33 |
| Stonebridge of Arlington Heights | 1x1 A Reno | 1BR,1BA | $2.03 |
| 1332 E Ports O Call Dr, Unit EP | 1332 E Ports O Call Dr | 2BR,1BA | $1.53 |
| Williams Reserve | Mulberry | 1BR,1BA | $2.29 |
| Hawthorne Apartments | Two Bedroom | 2BR,1BA | $2.57 |
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
Real 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.
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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.
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Pet Friendly LifestyleTwin Lakes, Palatine, IL
Ranked #6
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Twin Lakes
What type of rentals are currently available in Twin Lakes?
There are currently 182 Apartments for Rent in Twin Lakes, IL with pricing that ranges from $1,300 to $4,163. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Twin Lakes ranging from $1,500 to $4,400.
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 $1,500 to $4,400 with an average monthly rent of $2,676.
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
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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
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.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.