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Apartments in Palatine

1 - 9 of 9 Results
18
$1,698 - 3,469
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
$1,335 - 2,065
Clayson
3.4
860 W. Panorama Dr. Palatine, IL
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
$2,150
1134 E Potomac Ln
1134 E Potomac Ln Palatine, IL
3 BR | Mar. 1, 2024
Contact
Townhome
22
$1,800
1 Renaissance Pl Unit 918
Palatine, IL
2 BR | Dec. 16, 2023
Contact
Dog Friendly
Cat Friendly
Dishwasher
Heatherlea
14
$1,800
11 B East Dundee Quarter Dr Unit 304
Palatine, IL
2 BR | Available Now
Contact
Air Conditioning
Balcony/Deck/Patio
Staples Corner
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
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
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
26
$1,285 - 1,630
The Gates Of Deer Grove
Deal
125 West Dundee Rd Palatine, IL
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Section 8
Air Conditioning
1 - 9 of 9 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 - $1,910
2BR $1,810 $1,410 - $1,980
3BR $2,050 $1,920 - $2,150
Frequently Asked Questions

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

Rentable.co has over 2,063 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 $1,810 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 $1,810 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

Search Cities Near Palatine, IL

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Campuses Nearby

Harper College

Palatine:
December Rent Report

Welcome to the December 2023 Palatine Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the December 2023 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. 2023
Feb. 2023
Mar. 2023
Apr. 2023
May. 2023
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
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 $1,619.0.

When we take a look at the two-bedroom comparison from November to December, Palatine experienced a 0.43% increase for the price of a two-bedroom apartment. The rent price for a Palatine two-bedroom apartments currently stands at $1,872.0.

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 2023 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
$3,979
$3,033
$2,428
$2,364
$1,813
$1,338
$1,287
$1,100
$0
$1,300
$2,600
$3,900
$5,200
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.

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