
Cheap Homes for Rent in Twin Lakes Neighborhood of Palatine, IL from $1,400 (13 Rentals)
Search the lowest-cost Homes available for rent right now in the Twin Lakes area of Palatine.


3000 Bayside Dr, Unit 000

375 E Rimini Ct

260 E Rimini Ct

1 Renaissance Pl

430 N Wilke Rd
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
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225 S Rohlwing Rd

906 W Alleghany Dr

1906 Plum Grove Rd, Unit Kings Walk

410 W Mahogany Ct, Unit 610

470 W Mahogany Ct
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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.

2600 Bayside Dr, Unit 3

169 E Palatine Rd
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 | $2,305 | $1,900 | $3,200 |
Twin Lakes 3 Bedroom Homes for Rent | $3,175 | $3,050 | $3,500 |
Twin Lakes 4 Bedroom Homes for Rent | $3,450 | $2,800 | $4,000 |
Browse Homes for Rent in this Neighborhood
There are currently 13 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 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Brockway Court Apartments | 1x1 | 1BR,1BA | $1,300 |
Plum Grove | Two Room Studio | Studio,1BA | $1,300 |
Williams Reserve | Willow | 1BR,1BA | $1,684 |
Stonebridge of Arlington Heights | 1x1 A Reno | 1BR,1BA | $1,689 |
Clover Ridge East Apartments | Ashbury | 1BR,1BA | $1,813 |
Best Value Apartments for Rent in Twin Lakes, IL
As of June 20, 2025 the best value apartment in the Twin Lakes area is the $1.99 price per square foot 1x1 A Reno Model at Stonebridge of Arlington Heights in the in the McHenry Road neighborhood starting from $1,689. The second greatest value Twin Lakes apartment is the A2 Model at One Arlington starting at $2,155 with a $2.68 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. |
---|---|---|---|
Stonebridge of Arlington Heights | 1x1 A Reno | 1BR,1BA | $1.99 |
One Arlington | A2 | 1BR,1BA | $2.68 |
Clover Ridge East Apartments | Ashbury | 1BR,1BA | $2.29 |
Williams Reserve | Mulberry | 1BR,1BA | $2.17 |
The Pointe Apartments | Ashton Plus | 1BR,1BA | $2.71 |
Brockway Court Apartments | 1x1 | 1BR,1BA | $1.86 |
Hancock Square at Arlington Station | A1 | 1BR,1BA | $2.88 |
Dunton Tower Apartments | Studio Floor Plan S1 | Studio ,1BA | $3.12 |
The Residences at Payton Place | S1 | Studio ,1BA | $3.76 |
Plum Grove | Two Room Studio | Studio ,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 174 Apartments for Rent in Twin Lakes, IL with pricing that ranges from $1,300 to $7,775. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Twin Lakes ranging from $1,400 to $4,000.
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 $4,000 with an average monthly rent of $2,652.
How much are larger Three and Four Bedroom Rentals in Twin Lakes?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Twin Lakes range from $3,779 to $7,775, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,050 to $3,500. Four Bedroom Single-Family rentals are also available starting from $2,800 and Four Bedroom Apartments start at $3,250.
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.