218

Newest Homes for Rent in Palatine, IL

Section Image
  • /42

    Starting at $1,655 Per Month

    • 1 - 2 Beds

    1950 Cambridge Ct, Palatine, IL 60074

    UNDER NEW MANAGEMENT!!At Arrowhead Apartments you’ll appreciate our natural landscape that’s calming to the soul. Nestled in nature, abundant with colorful birds, Mallard ducks and other wildlife, our one-of-a-kind setting offers attractive plantings and mature trees that shade winding streams and ponds, along with quaint walking bridges and flowing fountains.Our seven million

    Arrowhead Apartments

    1950 Cambridge Ct, Palatine, IL 60074
  • /25

    Starting at $1,605

    Total Monthly Price

    • 1 - 2 Beds

    975 N Sterling Ave, Palatine, IL 60067

    Albion on Northwest, conveniently located off Northwest Highway, is a pet-friendly apartment community comprised of one and two-bedroom homes for rent in Palatine, IL. Nestled in a refreshingly green setting next to the Deer Grove Forest Preserve, we provide an away-from-it-all atmosphere without secluding you from the outside world.

    Albion on Northwest

    975 N Sterling Ave, Palatine, IL 60067
  • /35

    Starting at $1,837

    Total Monthly Price

    • 1 - 3 Beds

    500 E Constitution Dr, Palatine, IL 60074

    Albion on Lake Cook unveils an exceptional portrait of living. A unique fusion of style and sophistication, our apartment residences reflect your contemporary flair. Enjoy the life you deserve. When you live at Albion on Lake Cook, your address says it all.

    Albion on Lake Cook

    500 E Constitution Dr, Palatine, IL 60074
  • /64

    Starting at $1,786 Per Month

    • 1 - 2 Beds

    1445 E Evergreen Dr, Palatine, IL 60074

    We are now doing in person and virtual tours! Call us at to schedule a tour and see why we have received the 2022 Apartment Ratings Top Rated Award! Call today for our special rates! Clover Ridge East Apartments in Palatine, IL is easy to find, easy to live in and hard to leave. As a resident, you will enjoy the perks of a convenient location, legendary customer service and outstanding

    Clover Ridge East Apartments

    1445 E Evergreen Dr, Palatine, IL 60074
  • /22

    Starting at $1,595 Per Month

    • Studio - 2 Beds

    125 W Dundee Rd, Palatine, IL 60074

    Welcome to The Gates of Deer Grove, a beautiful apartment community off West Dundee Road in Palatine, Illinois offering the comfortable lifestyle and unbeatable location you've been looking for. Positioned conveniently near the Forest Preserve, you have access to the area's best shopping, restaurants, and promising employers. Choose from a variety of great studio, 1, and 2 bedroom floor plans to

    The Gates of Deer Grove Apartment Homes

    125 W Dundee Rd, Palatine, IL 60074
  • /20

    $4,500 Per Month

    • 4 Beds
    • 2.5 Baths
    • 2,486 Sq Ft
    • House for Rent

    317 E Forest Ln, Palatine, IL 60067

    Property Id: 2817622 AN ABSOLUTE BEAUTY INSIDE AND OUT, IMMERSED IN NATURE, YET MINUTES FROM EXPRESSWAYS, DOWNTOWN PALATINE, SCHAUMBURG, METRA, SHOPPING, NIGHT LIFE, AND IN THE TOP RATED WILLIAM FREMD HIGH SCHOOL DISTRICT/PLUM GROVE JR HIGH. METICULOUSLY MAINTAINED 4 BED 2.1 BATH COLONIAL, REMODELED 2022 OFFERS TOP OF THE LINE FINISHES, SPACE AND SERENE VIEWS FROM EVERY WINDOW. UPDATED

    317 E Forest Ln, Palatine, IL 60067
  • /5

    $1,500 Per Month

    • 1 Bed
    • 1 Bath
    • 800 Sq Ft
    • Condo for Rent

    7A E Dundee Quarter Dr Unit 106, Palatine, IL 60074

    Property Id: 2808923 Balcony with super view, out of 3 parking - 1 assigned, 1 additional and 1 for guest, 2 ACs, swimming pool, club/party house are available. A big exclusive calm and quite housing estate.

    7A E Dundee Quarter Dr Unit 106, Palatine, IL 60074
  • /9

    $2,100

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 875 Sq Ft
    • Condo for Rent

    24 W Station St Unit 412, Palatine, IL 60067

    This 1-bedroom, 1-bathroom apartment located at 24 W Station St offers 875 square feet of living space. The living room provides ample room for relaxation and entertainment, while the bedroom features sufficient space for a queen-sized bed and additional furniture. The bathroom includes standard fixtures and is easily accessible from the main living areas. The unit comes equipped with a washer

    24 W Station St Unit 412, Palatine, IL 60067
  • /62

    Starting at $1,485 Per Month

    • 1 - 3 Beds

    860 W Panorama Dr, Palatine, IL 60067

    Welcome to The Clayson Apartments, nestled in the Chicago suburbs of Palatine, Illinois. Our pet-friendly community pairs timeless comfort with modern amenities, offering spacious one, two, and three-bedroom homes designed to meet your lifestyle needs.At The Clayson, we recognize the importance of personalized experiences. We host free monthly events and exclusive classes

    The Clayson

    860 W Panorama Dr, Palatine, IL 60067
  • /52

    Starting at $1,764 Per Month

    • Studio - 3 Beds

    1245 E Prairie Brook Dr, Palatine, IL 60074

    Best kept secret in Palatine! Williams Reserve is a hidden gem with award winning landscape. The property has ponds and streams throughout to create a tranquil environment. Sit back and relax by our resort style heated pool or enjoy our patio and grilling area. Clubhouse features FREE WIFI and 24 hr. access to our business center and fitness center with brand new state of the art fitness

    Williams Reserve

    1245 E Prairie Brook Dr, Palatine, IL 60074
  • /38

    $3,550

    Total Monthly Price

    • 3 Beds
    • 2 Baths
    • 2,690 Sq Ft
    • House for Rent

    364 N Everett Dr, Palatine, IL 60074

    NEWLY REMOLDED ---.SPACIOUS AND SPOTLESS 10-ROOM RANCH WITH 3BD/2 FULL BATH/WHIRLPOOL TUB, DEN/OFFICE, FULL BASEMENT AND 2-CAR ATTACHED GARAGE. NEW FLOORING IN THE LIVING ROOM, DINING ROOM, AND ALL BEDROOMS. AND HALLWAY. HARDWOOD FLOOR IN KITCHEN, DEN AND ENTRYWAY. LARGE LIVING ROOM AND DINING ROOM OVERLOOKING A BEAUTIFULLY LANDSCAPED BACKYARD WITH DECK. GORGEOUS NEWER KITCHEN CABINETS AND AN

    364 N Everett Dr, Palatine, IL 60074
  • /6

    $1,350

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 750 Sq Ft
    • Condo for Rent

    1975 N Hicks Rd Unit 206, Palatine, IL 60074

    Foxfire Community – Second Floor Condo1 Bedroom • 1 Bathroom • 2 Parking Spaces • Pet FriendlyExperience ultimate lifestyle and sophisticated living in the highly sought-after Foxfire subdivision! This stunning second-floor 1-bedroom, 1-bath condo offers a smart and comfortable floor plan, complete with convenient in-unit laundry and two exterior parking spaces.Residents enjoy

    1975 N Hicks Rd Unit 206, Palatine, IL 60074
  • /2

    $2,050 Per Month

    • 2 Beds
    • 2 Baths
    • 900 Sq Ft
    • Condo for Rent

    525 N Quentin Rd Unit 804, Palatine, IL 60067

    Notable two bedroom, two bathroom in suburban Palatine features rehabbed kitchen with stainless steel appliances, dishwasher, large combination living and dining rooms, spacious bedroom, great closet space, newer bathroom, hardwood floors, laundry room in building, two parking spots included, and cats are welcome. Won't Last Long!

    525 N Quentin Rd Unit 804, Palatine, IL 60067
  • /22

    $1,750

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 1,000 Sq Ft
    • Condo for Rent

    1241 N Winslowe Dr Unit 302, Palatine, IL 60074

    This property features 2 bedrooms and 1 bathroom within a approximate total of 1,000 square feet. The living room offers ample space for relaxation, while the bedrooms provide comfortable sleeping areas. The bathroom is equipped with essential fixtures for convenience. The kitchen includes a dishwasher and is designed for functionality. Additional amenities include a/c, in-unit washer and dryer,

    1241 N Winslowe Dr Unit 302, Palatine, IL 60074
  • /35

    $1,650

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 1,000 Sq Ft
    • Condo for Rent

    1525 Norway Ln Unit 3b, Palatine, IL 60074

    Beautiful Lake View. Great Location, only few minute drive to grocery, auto shop, bank, metro train station, highway 53, etc. Hardwood Floors. No Pets, Non-smoking very quiet and clean place. Great for working professionals such as IT who work from home.Call to inquire.Rent is $1650+Deposit is $1650+Contact for more details.

    1525 Norway Ln Unit 3b, Palatine, IL 60074
  • /9

    $1,850 Per Month

    • 2 Beds
    • 2 Baths
    • 1,000 Sq Ft
    • Townhouse for Rent

    2038 N Rand Rd, Palatine, IL 60074

    Bright and well-maintained 2 Bed/ 2 Bath ground floor condo in popular Firefox community in Palatine. Walk in and be greeted by a welcoming living room with plush carpeting throughout. Kitchen boasts maple cabinets, granite countertop and pass-through window. Both rooms are large with ample closet space. Ceiling light/fan featured in each room. Primary room has a walk-in closet and en-suite

    2038 N Rand Rd, Palatine, IL 60074
  • /21

    $1,895 Per Month

    • 2 Beds
    • 1 Bath
    • 1,050 Sq Ft
    • Townhouse for Rent

    249 W Lynn Dr, Palatine, IL 60067

    Enjoy the perfect blend of space, comfort, and convenience in this bright second-floor 2-bedroom, 1-bath apartment in the highly desirable Hamilton Place subdivision. Ideally located within easy walking distance to downtown Palatine, Metra, shopping, restaurants, and everyday conveniences. Large windows fill the home with abundant natural light, while the open floor plan and hardwood flooring

    249 W Lynn Dr, Palatine, IL 60067
  • /20

    $1,950 Per Month

    • 2 Beds
    • 1 Bath
    • 900 Sq Ft
    • Condo for Rent

    525 N Quentin Rd Unit 713, Palatine, IL 60067

    Valuable two bedroom, one bathroom in suburban Palatine features rehabbed kitchen with stainless steel appliances, dishwasher, large combination living and dining rooms, spacious bedroom, great closet space, newer bathroom, hardwood floors, laundry room in building, two parking spots included, and cats are welcome. Won't Last Long!

    525 N Quentin Rd Unit 713, Palatine, IL 60067
  • /20

    $1,650 Per Month

    • 1 Bed
    • 1 Bath
    • 700 Sq Ft
    • Condo for Rent

    525 N Quentin Rd Unit 415, Palatine, IL 60067

    Memorable one bedroom, one bathroom in suburban Palatine features rehabbed kitchen with stainless steel appliances, dishwasher, large combination living and dining rooms, spacious bedroom, great closet space, newer bathroom, hardwood floors, laundry room in building, one parking spot included, and cats are welcome. Won't Last Long!

    525 N Quentin Rd Unit 415, Palatine, IL 60067
  • /13

    $1,450 Per Month

    • 1 Bed
    • 1 Bath
    • 700 Sq Ft
    • Townhouse for Rent

    1 Renaissance Place, Palatine, IL 60067

    Enjoy a full array of lifestyle amenities without paying high rental fees. This bright and spacious 1 Bedroom, 1 Bath apartment is right for you. Located at the renown 1 Renaissance building, residents have access to the exterior pool, exercise room, party room, door person and on-site management team. Great South-West views on the 9th floor overlooking the pool and pond. Dining area and kitchen

    1 Renaissance Place, Palatine, IL 60067
  • /20

    $1,950 Per Month

    • 2 Beds
    • 1 Bath
    • 900 Sq Ft
    • Condo for Rent

    25-525 N Quentin Rd Unit D713, Palatine, IL 60067

    Valuable two bedroom, one bathroom in suburban Palatine features rehabbed kitchen with stainless steel appliances, dishwasher, large combination living and dining rooms, spacious bedroom, great closet space, newer bathroom, hardwood floors, laundry room in building, two parking spots included, and cats are welcome. Wont Last Long! Call Today!

    25-525 N Quentin Rd Unit D713, Palatine, IL 60067
  • /20

    $3,395 Per Month

    • 4 Beds
    • 2 Baths
    • 1,626 Sq Ft
    • House for Rent

    1540 N Pepper Tree Dr, Palatine, IL 60067

    Property Id: 2820332 For Rent - $3395 - 4 Beds, 2 Baths, 2 Car Garage - 1540 N Pepper Tree Dr, Palatine, IL 60067 - Adorable brick ranch nestled steps from a 1,800-acre forest preserve - nature at your doorstep every single day. This solid 4-bedroom, 2-bath home is full of character and charm, featuring hardwood floors throughout the common areas, a showstopping double-sided wood-burning

    1540 N Pepper Tree Dr, Palatine, IL 60067
  • /27

    $1,595

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 800 Sq Ft
    • Condo for Rent

    2000 Bayside Dr Unit 207, Palatine, IL 60074

    Great large 1 bedroom/ 1 bathroom condo in Runaway Bay complex in Palatine- second floor with spacious balcony,- stainless steel kitchen appliances,- laminate flooring,- large closet space- outdoor pool- clubhouse- great location, close to everythingFor more information please contact

    2000 Bayside Dr Unit 207, Palatine, IL 60074
  • /16

    $2,500 Per Month

    • 2 Beds
    • 2 Baths
    • 1,560 Sq Ft
    • Apartment for Rent

    77 N Quentin Rd Unit 202, Palatine, IL 60067

    This 1,560 sq. ft. condominium at 77 N. Quentin Rd., Unit 202, Palatine, IL 60067 offers 2 bedrooms and 2 full bathrooms with a functional, open layout. The kitchen features granite countertops and stainless-steel appliances, while the home also includes hardwood floors, an in-unit washer and dryer, and a heated indoor parking space. Residents also have access to an on-site fitness center.

    Rimal Patel Provident Realty, Inc.

    77 N Quentin Rd Unit 202, Palatine, IL 60067
  • /15

    $1,850

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 1,000 Sq Ft
    • Condo for Rent

    1305 E Turtle Creek Cir Unit E, Palatine, IL 60074

    COMPLETELY REMODELED UNIT WITH 2 BEDROOMS AND 1 BATH. NEVER KITCHEN CABINETS AND STAINLESS STEEL APPLIANCES. NEWER SIMULATED WOOD FLOORS TROUGHOUT. NEWER BATHROOM. LAUNDRY ON THE FIRST FLOOR. VERY CONVIENIENT LOCATION. CLOSE TO SHOWWING AND 53 HWY. PLEASURE TO SHOW !

    1305 E Turtle Creek Cir Unit E, Palatine, IL 60074
  • /29

    $3,200 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,425 Sq Ft
    • House for Rent

    1719 W Lexington Dr, Arlington Heights, IL 60004

    Beautifully updated Greenbriar rental! This spacious split-level home offers 3 bedrooms, 2.5 bathrooms, and a 2-car garage. The updated kitchen features shaker-style cabinets, granite countertops, a stone backsplash, stainless steel appliances, and ample cabinet space. Bright living areas, recessed lighting, and fresh neutral paint create a clean, inviting interior. The lower-level family room

    Pradeep Singh Royal Family Real Estate

    1719 W Lexington Dr, Arlington Heights, IL 60004
  • /27

    $1,495 Per Month

    • 1 Bed
    • 1 Bath
    • 750 Sq Ft
    • Condo for Rent

    1 Renaissance Place Unit 720, Palatine, IL 60067

    Beautiful 1-Bedroom Condo with Tree-Top Views & Resort-Style Amenities Beautiful 1-bedroom, 1-bath condo offering bright, open living spaces, great views, and thoughtful updates. Located on a desirable upper floor, this home is filled with natural light and features peaceful tree-top views. The spacious living and dining areas flow seamlessly, creating an inviting layout perfect for both everyday

    Carlos Lopez Sr. RE/MAX At Home

    1 Renaissance Place Unit 720, Palatine, IL 60067
  • /11

    $2,375

    Total Monthly Price

    • 2 Beds
    • 1.5 Baths
    • 1,200 Sq Ft
    • Townhouse for Rent

    2565 College Hill Cir, Schaumburg, IL 60173

    Spacious 2-Level Townhome in a Prime, Convenient Location — Upgraded interiors!Spacious 2-level townhome in a great neighborhood, close to major highways, popular shopping, dining, and everyday conveniences? Add good schools to the list, and this is a home you won’t want to miss!This 2-bedroom, 1.5-bath townhouse offers plenty of space and functionality, including a spacious loft

    2565 College Hill Cir, Schaumburg, IL 60173
  • /20

    $2,050 Per Month

    • 2 Beds
    • 2 Baths
    • 900 Sq Ft
    • Condo for Rent

    525 N Quentin Rd Unit 612, Palatine, IL 60067

    Quality two bedroom, two bathroom in suburban Palatine features rehabbed kitchen with stainless steel appliances, dishwasher, large combination living and dining rooms, spacious bedroom, great closet space, newer bathroom, hardwood floors, laundry room in building, two parking spots included, and cats are welcome. Won't Last Long!

    525 N Quentin Rd Unit 612, Palatine, IL 60067
  • /2

    $2,050 Per Month

    • 2 Beds
    • 2 Baths
    • 900 Sq Ft
    • Condo for Rent

    525 N Quentin Rd Unit 604, Palatine, IL 60067

    Remarkable two bedroom, two bathroom in suburban Palatine features rehabbed kitchen with stainless steel appliances, dishwasher, large combination living and dining rooms, spacious bedroom, great closet space, newer bathroom, hardwood floors, laundry room in building, two parking spots included, and cats are welcome. Won't Last Long!

    525 N Quentin Rd Unit 604, Palatine, IL 60067
  • /20

    $1,650 Per Month

    • 1 Bed
    • 1 Bath
    • 700 Sq Ft
    • Condo for Rent

    525 N Quentin Rd Unit 415, Palatine, IL 60067

    Memorable one bedroom, one bathroom in suburban Palatine features rehabbed kitchen with stainless steel appliances, dishwasher, large combination living and dining rooms, spacious bedroom, great closet space, newer bathroom, hardwood floors, laundry room in building, one parking spot included, and cats are welcome. Won't Last Long!

    525 N Quentin Rd Unit 415, Palatine, IL 60067
  • /2

    $2,050 Per Month

    • 2 Beds
    • 2 Baths
    • 900 Sq Ft
    • Condo for Rent

    525 N Quentin Rd Unit 114, Palatine, IL 60067

    Outstanding two bedroom, two bathroom in suburban Palatine features rehabbed kitchen with stainless steel appliances, dishwasher, large combination living and dining rooms, spacious bedroom, great closet space, newer bathroom, hardwood floors, laundry room in building, two parking spots included, and cats are welcome. Won't Last Long!

    525 N Quentin Rd Unit 114, Palatine, IL 60067
  • /2

    $2,050 Per Month

    • 2 Beds
    • 2 Baths
    • 900 Sq Ft
    • Condo for Rent

    525 N Quentin Rd Unit 804, Palatine, IL 60067

    Notable two bedroom, two bathroom in suburban Palatine features rehabbed kitchen with stainless steel appliances, dishwasher, large combination living and dining rooms, spacious bedroom, great closet space, newer bathroom, hardwood floors, laundry room in building, two parking spots included, and cats are welcome. Won't Last Long!

    525 N Quentin Rd Unit 804, Palatine, IL 60067
  • /20

    $1,950 Per Month

    • 2 Beds
    • 1 Bath
    • 900 Sq Ft
    • Condo for Rent

    525 N Quentin Rd Unit 713, Palatine, IL 60067

    Valuable two bedroom, one bathroom in suburban Palatine features rehabbed kitchen with stainless steel appliances, dishwasher, large combination living and dining rooms, spacious bedroom, great closet space, newer bathroom, hardwood floors, laundry room in building, two parking spots included, and cats are welcome. Won't Last Long!

    525 N Quentin Rd Unit 713, Palatine, IL 60067
  • /5

    $1,500 Per Month

    • 1 Bed
    • 1 Bath
    • 800 Sq Ft
    • Condo for Rent

    7A E Dundee Quarter Dr Unit 106, Palatine, IL 60074

    Property Id: 2808923 Balcony with super view, out of 3 parking - 1 assigned, 1 additional and 1 for guest, 2 ACs, swimming pool, club/party house are available. A big exclusive calm and quite housing estate.

    7A E Dundee Quarter Dr Unit 106, Palatine, IL 60074
  • /12

    $4,250

    Total Monthly Price

    • 3 Beds
    • 2.5 Baths
    • 2,250 Sq Ft
    • House for Rent

    889 E Stonebridge Ct, Palatine, IL 60074

    Welcome to your dream home. Every inch of this property has been thoughtfully upgraded for beauty, comfort, and unforgettable gatherings.The heart of the home is the fully remodeled kitchen, featuring cherry soft close cabinets, granite counters, a deep sink, a professional 36" six burner range, double ovens, convection microwave, warming drawer, and abundant storage.Enjoy the

    889 E Stonebridge Ct, Palatine, IL 60074
  • /20

    $1,950 Per Month

    • 2 Beds
    • 1 Bath
    • 900 Sq Ft
    • Condo for Rent

    25-525 N Quentin Rd Unit D713, Palatine, IL 60067

    Valuable two bedroom, one bathroom in suburban Palatine features rehabbed kitchen with stainless steel appliances, dishwasher, large combination living and dining rooms, spacious bedroom, great closet space, newer bathroom, hardwood floors, laundry room in building, two parking spots included, and cats are welcome. Wont Last Long! Call Today!

    25-525 N Quentin Rd Unit D713, Palatine, IL 60067
  • /25

    $3,495

    Total Monthly Price

    • 3 Beds
    • 2.5 Baths
    • 1,700 Sq Ft
    • Townhouse for Rent

    1561 E Chivalry Ct, Palatine, IL 60074

    **Rarely available end-unit townhouse in highly desirable Coventry Park!** This beautifully updated 3-bedroom, 2.5-bath home was renovated in 2022 and offers an exceptional combination of space, privacy, convenience, and low-maintenance living. Step inside to a bright, welcoming interior filled with natural light. The impressive two-story living room creates an open and airy feel, while the

    1561 E Chivalry Ct, Palatine, IL 60074
  • /19

    $2,100 Per Month

    • 2 Beds
    • 2 Baths
    • 1,100 Sq Ft
    • Apartment for Rent

    705 E Whispering Oaks Dr Unit 705, Palatine, IL 60074

    THIS IS A SUN DRENCHED, FRESHLY PAINTED TOWN HOME IN A GREAT LOCATION! 2ND FLOOR UNIT WITH 1 CAR ATT GARAGE. THIS UNIT HAS A GREAT LAYOUT AND FILLED WITH NATURAL LIGHT. HARDWOOD LAMINATE FLOORS THROUGHOUT, UPDATED KITCHEN, GRANITE COUNTERS, LOTS OF STORAGE SPACE. GREAT VIEW FROM THE BALCONY THAT INCLUDES AMAZING SUNSETS! CONVENIENTLY LOCATED TO RT. 53, SHOPPING GALORE INCLUDING DEER PARK. OWNER

    Raymond Beyer Beyer Real Estate Solutions LTD

    705 E Whispering Oaks Dr Unit 705, Palatine, IL 60074
  • /11

    $2,150

    Total Monthly Price

    • 2 Beds
    • 2 Baths
    • 1,200 Sq Ft
    • Condo for Rent

    1100 E Randville Dr Unit 104, Palatine, IL 60074

    Spacious 1,200 Sq Ft 2BR/2BA Heat, Water & Trash Included + Pool + Heated Garage ParkingWelcome home to this newly renovated and spacious 2-bedroom, 2-bathroom first-floor condo located in one of Palatine's most desirable, well-maintained communities. Offering over 1,100 square feet of comfortable living space, this move-in-ready home combines convenience, comfort, and exceptional

    1100 E Randville Dr Unit 104, Palatine, IL 60074

Showing Results 1 - 40, Page 1 of 3

Frequently Asked Questions

How much does it cost to rent a home in Palatine, IL?
The median rent for a home in Palatine, IL is $1,950 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Palatine, IL?
To comfortably afford the median rent in Palatine, IL, a household needs to earn roughly $78,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,950 per month in Palatine, IL, renters typically need to show $5,850 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Palatine, IL?
In Palatine, IL, the price-to-rent ratio is 15.8, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Palatine, IL are best for renting a home?
The best neighborhood for renting in Palatine, IL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Downtown Palatine, Reseda, Plum Grove Village, Baldwin and Virginia Lake, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
86
Median Rent
$1,950
Median Single Family Home Rent
$3,175
Median Townhouse Rent
$2,450
Median Condo Rent
$1,900
How to Rent a Home