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Apartments in Palatine

1 - 13 of 13 Results
22
$1,753 - 4,139
Clover Ridge East Apartments
1445 E Evergreen Dr Palatine, IL
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Surface Parking
29
$1,475 - 1,985
Clayson
3.4
860 W. Panorama Dr. Palatine, IL
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
5
$1,495
Palatine Park Apartments
410-440 W Palatine Rd Palatine, IL
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
0
$1,395
1846 N Goodwin Dr
Palatine, IL
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
0
$1,375
1br/1ba Condo For Rent In Palatine's Sought After Brentwood Subdivision
1455 N Winslowe Dr Palatine, IL
1 BR | Available Now
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Staples Corner
0
$1,550
1225 E Woodbury Ln
Palatine, IL
1 BR | Available Now
Contact
0
$2,400
50 N Plum Grove Road #511e
Palatine, IL
2 BR | Dec. 1, 2024
Contact
House
26
$1,285 - 1,630
The Gates Of Deer Grove
125 West Dundee Rd Palatine, IL
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Section 8
Air Conditioning
11
$995 - 1,200
Brockway Court Apartments
300 - 308 N Brockway St Palatine, IL
1 - 2 BR | Ask for Availability
Contact
Heat Included
Air Conditioning
Surface Parking
Storage
10
$1,400
1517 N Silver Ln
Palatine, IL
2 BR | Available Now
Contact
Air Conditioning
Disability Access
Dishwasher
19
$1,617 - 1,978
Clover Ridge East Apartments
1445 Evergreen Drive East Palatine, IL
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
15
$1,375 - 2,050
Williams Reserve Apartment Homes
Deal
1245 Prairiebrook Drive Palatine, IL
Studio - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Fitness Center
0
$1,300
1530 Crimson Ln
Palatine, IL
1 BR | Available Now
Contact
Dishwasher
1 - 13 of 13 Results
  1. Home
  2. Chicago Area Apartments
  3. Palatine

How much does it cost to rent an apartment in Palatine?

Palatine Apartments
Bed Type Average Rent Range
Studio $1,430 $1,380 - $1,430
1BR $1,620 $1,290 - $1,930
2BR $1,840 $1,380 - $2,060
3BR $2,050 $2,050 - $2,050
Frequently Asked Questions

How many apartments are available in Palatine, IL on Rentable.co?

Rentable.co has over 2,049 apartments available in Palatine.

What is the average rent for a studio apartment in Palatine, IL?

The average rent for a studio apartment in Palatine is around $1,430 per month.

What is the average rent for a one-bedroom apartment in Palatine, IL?

The average rent for a one-bedroom apartment in Palatine is around $1,620 per month.

What is the average rent for a two-bedroom apartment in Palatine, IL?

The average rent for a two-bedroom apartment in Palatine is around $1,840 per month.

How expensive is it to rent an apartment in Palatine, IL?

For a two-bedroom apartment in Palatine, the average rent price is $1,840 per month, which is higher than the national average of $1,600 per month.

Can I afford an apartment for rent in Palatine, IL?

Based on average rent prices in Palatine, to afford a studio apartment you would need an annual household income of $57,000 to live comfortably.

Neighborhoods

Chestnut Woods
Circle Park
Heatherlea
Pepper Tree
Staples Corner
Winston Park

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Campuses Nearby

Harper College

Palatine:
November Rent Report

Welcome to the November 2024 Palatine Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 2024 key findings and figures for the Palatine rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Palatine and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Palatine average rent prices in the chart below.

Monthly Rent Report

$1,950
$1,460
$980
$490
$0
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
1 BR       2 BR

Palatine Rent Prices Decrease From October to November

Palatine rent prices decreased over the last month. From October to November, the city experienced a -0.12% decrease for the price of a one-bedroom apartment. The rent price for a Palatine one-bedroom apartments currently stands at $1,622.0.

When we take a look at the two-bedroom comparison from October to November, Palatine experienced a 0.0% decrease for the price of a two-bedroom apartment. The rent price for a Palatine two-bedroom apartments currently stands at $1,860.0.

November Prices: Palatine vs. Surrounding Areas

Rent Prices in Palatine and Surrounding Areas

Rent prices have decreased in Palatine over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Palatine suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Palatine suburbs

  • Rents did not decrease in any of the Palatine suburbs.

November 2024 Pricing Trends: Palatine vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,211
$3,115
$2,373
$2,354
$1,903
$1,338
$1,246
$1,202
$0
$1,400
$2,800
$4,200
$5,600
Median Rent

Palatine Rent Prices More Affordable Than Major Cities

Rent growth in Palatine over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Palatine average rent prices appear to be relatively affordable for local residents.

The price for a Palatine one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Palatine and surrounding area rent prices, take a look at the complete data set below.

Data set for Palatine and suburbs

1 BR November 1 BR M/M % Change 2 BR November 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.

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