Apartments in Quentin Corners Palatine

1 - 1 of 1 Result
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 - 1 of 1 Results
  1. Home
  2. Chicago Area Apartments
  3. Palatine
  4. Quentin Corners

Palatine:
April Rent Report

Welcome to the April 2024 Palatine Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the April 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
May. 2023
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
1 BR       2 BR

Palatine Rent Prices Increase From March to April

Palatine rent prices increased over the last month. From March to April, the city experienced a 0.31% increase for the price of a one-bedroom apartment. The rent price for a Palatine one-bedroom apartments currently stands at $1,620.0.

When we take a look at the two-bedroom comparison from March to April, Palatine experienced a -0.05% decrease for the price of a two-bedroom apartment. The rent price for a Palatine two-bedroom apartments currently stands at $1,857.0.

April Prices: Palatine vs. Surrounding Areas

Rent Prices in Palatine and Surrounding Areas

Rent prices have increased 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.

April 2024 Pricing Trends: Palatine vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Minneapolis, MN
Columbus, OH
Pittsburgh, PA
$3,994
$3,038
$2,355
$2,347
$1,893
$1,300
$1,264
$1,145
$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 on the rise. 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 April 1 BR M/M % Change 2 BR April 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.