5

Palatine, IL Houses for Rent

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  • /10

    $2,999 Per Month

    • 3 Beds
    • 2 Baths
    • House for Rent

    2156 E Old Hicks Rd, Palatine, IL 60074

    Property Id: 2578706Available end of June! Freshly painted home with brand new LVP flooring throughout. All carpet being replaced before move-in!Spacious layout with a finished basement featuring an exposed brick accent wall, perfect as a family room, office, or gym. Bright living/dining area, stainless steel kitchen appliances, and a large backyard for relaxing or

    (224) 507-7168

    2156 E Old Hicks Rd, Palatine, IL 60074
  • /15

    $2,500

    Total Monthly Price

    • 3 Beds
    • 1.5 Baths
    • 1,400 Sq Ft
    • House for Rent

    127 N Northwest Hwy, Palatine, IL 60067

    Three bedroom plus den or office. Kitchen with granite countertops, washer @ dryer in unit.Water and Scavenger included in monthly rent payment.One and half baths. Fireplace in master bedroom.Patio and private backyard accessible from master bedroom.Freshly painted, new flooring in bedrooms.Excellent location -minutes to I-53, shopping, restaurants and recreation -

    127 N Northwest Hwy, Palatine, IL 60067
  • /17

    $3,650 Per Month

    • 3 Beds
    • 2 Baths
    • 1,606 Sq Ft
    • House for Rent

    2030 Crestwood Ln, Palatine, IL 60067

    Beautifully renovated single-family home located on a private one-acre lot in the highly sought-after Fremd High School district. Bright, modern interior with soaring cathedral ceilings and scenic views of the lush backyard and Salt Creek. Features 3 bedrooms, 2 updated full baths, Florida room, and a finished basement. There are two wood burning fire places, one upstairs, one in the basement,

    Helen Edwards Baird & Warner

    2030 Crestwood Ln, Palatine, IL 60067
  • /25

    $2,995 Per Month

    • 3 Beds
    • 2 Baths
    • 1,415 Sq Ft
    • Well Maintained 3Bed/2Bath Single Family HUGE Backyard!

    148 S Cedar St, Palatine, IL 60067

    Located in award-winning Fremd High School district and only one block from Paddock Elementary School. Enjoy the weather in your huge backyard with deck and fire pit! Well maintained single family home with large detached garage. Hardwood flooring in home! Kitchen walks out to deck, great for entertaining! Basement for extra storage with washer/dryer included. Lots of light in living room and

    148 S Cedar St, Palatine, IL 60067
  • /20

    $1,650 Per Month

    • 2 Beds
    • 1 Bath
    • 950 Sq Ft
    • House for Rent

    444 E Osage Ln, Palatine, IL 60074

    This beautiful 2-bedroom condo includes a living room with a fireplace and sliding doors that lead to a patio. The kitchen is equipped with stainless steel appliances, and the condo features elegant crown molding throughout. It is conveniently located near shopping, parks, and a forest preserve. Don’t miss out on this ideal rental opportunity! We offer competitive pricing that beats the

    444 E Osage Ln, Palatine, IL 60074

Frequently Asked Questions

How much does it cost to rent a single-family home in Palatine, IL?
The median rent for a single-family home in Palatine, IL is $3,100 per month, though prices vary by neighborhood, size, and property type. As of June 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 $76,800 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 $1,920 per month in Palatine, IL, renters typically need to show $5,760 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 16.1, 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.

Rental Home Trends in Palatine, IL

Rental Home Trends

Number of Houses for Rent
5
Median Single Family Home Rent
$3,100
Median 3 Bedroom Single Family Home Rent
$2,900
Median 4 Bedroom Single Family Home Rent
$3,548
Median 5 Bedroom Single Family Home Rent
$3,600
How to Rent a Home