Apartments in Circle Park Palatine

1 - 10 of 10 Results
35
3D Tour
$2,165 - 6,966
680 E Algonquin Rd Schaumburg, IL
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
Air Conditioning
34
$1,739
1200 American Ln Schaumburg, IL
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Short-term
Air Conditioning
Covered Parking
31
$1,949
2400 Golf Rd Rolling Meadows, IL
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Short-term
Air Conditioning
Covered Parking
1
$1,400
1813 Hemlock Pl Schaumburg, IL
1 BR | Available Now
Contact
House
Storage
Circle Park
29
$1,652 - 3,211
1220 East Algonquin RD Schaumburg, IL
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Section 8
Air Conditioning
25
$1,800 - 3,420
2200 Progress Parkway Schaumburg, IL
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Section 8
Covered Parking
0
Call for Pricing
4611-4677 Kirchoff Road 1353 Plum Grove RD Rolling Meadows, IL
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
35
$1,776 - 2,880
680 Algonquin Rd E Schaumburg, IL
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Surface Parking
30
$1,105 - 1,545
801 Belinder Lane Schaumburg, IL
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Section 8
Air Conditioning
15
$1,339 - 2,260
1024 N Plum Grove Rd Schaumburg, IL
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Section 8
Air Conditioning
1 - 10 of 10 Results
  1. Home
  2. Chicago Area Apartments
  3. Palatine
  4. Circle Park

Palatine:
December Rent Report

Welcome to the December 2024 Palatine Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the December 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
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
1 BR       2 BR

Palatine Rent Prices Decrease From November to December

Palatine rent prices decreased over the last month. From November to December, the city experienced a -0.31% decrease for the price of a one-bedroom apartment. The rent price for a Palatine one-bedroom apartments currently stands at $1,617.0.

When we take a look at the two-bedroom comparison from November to December, Palatine experienced a -0.22% decrease for the price of a two-bedroom apartment. The rent price for a Palatine two-bedroom apartments currently stands at $1,856.0.

December 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.

December 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
$4,134
$3,160
$2,389
$2,353
$1,914
$1,318
$1,255
$1,234
$0
$1,350
$2,700
$4,050
$5,400
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 December 1 BR M/M % Change 2 BR December 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.