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Updated

Average Rent in Palatine, IL

1 apartment buildings, 17 units. Real asking prices, refreshed daily.

Avg Rent

$1,799/mo

market average

Cheapest

$1,670/mo

The Gates of Deer Grove Apartment Homes

Properties

1

tracked daily

Units

17

available now

Palatine, IL Resident Access

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Analysis

Rent Price Breakdown

Compare pricing across all 1 properties in Palatine, IL.

Average Rent by Property

Starting Price vs Average

Rent by Bedroom Count

Price per Square Foot

Palatine, IL Rent Prices

All 1 properties ranked by lowest available rent.

Explore Each Property

Palatine, IL Average Rent Prices 2026

The average rent in Palatine, IL is $1,799 per month, based on 17 units across 1 apartment communities. Prices range from $1,670 at The Gates of Deer Grove Apartment Homes to $1,670 at The Gates of Deer Grove Apartment Homes.

Average Rent by Bedroom Type

Type Avg Rent Starting From Units
1 Bed $1,726/mo $1,670/mo 7
2 Bed $1,851/mo $1,760/mo 10

Every price is a real asking rent, updated that morning. Request a neighborhood we don't cover and we add it within 24 hours.

What salary do I need to live comfortably in Palatine, IL?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$72,000/year

Based on the 30 percent rule, using our tracked average rent of $1,799/mo.

Comfortable income

$86,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($1,670/mo), you need to earn at least $67,000/year.

Cost of living in Palatine, IL

We only have live rent data for Palatine, IL so far. The full cost of living breakdown (utilities, groceries, transportation, healthcare) is coming soon.

Category Monthly estimate
Rent (market average) $1,799
Estimated total $1,799/mo

Methodology

Rent data

Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures are refreshed annually.

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Nearby cities in Illinois

How Palatine, IL rent compares to other markets in the state.

City Avg Rent vs Palatine, IL Properties
Chicago, IL $3,084 +71% 25
Schaumburg, IL $2,110 +17% 12
Aurora, IL $2,229 +24% 12
Springfield, IL $1,247 -31% 10
Rockford, IL $1,421 -21% 10
Peoria, IL $1,372 -24% 10

Frequently asked questions

What is the average rent in Palatine, IL?

The average rent in Palatine, IL is $1,799 per month, based on 17 units across 1 apartment buildings tracked by Average Rent. Prices are refreshed daily.

What is the cheapest apartment rent in Palatine, IL?

The lowest available rent in Palatine, IL starts at $1,670 per month. Availability changes daily and prices are refreshed each morning.

How much is a 1-bedroom apartment in Palatine, IL?

1-bedroom apartments in Palatine, IL average $1,726/mo. The lowest listed 1-bedroom starts at $1,670/mo across 7 units tracked.

How much is a 2-bedroom apartment in Palatine, IL?

2-bedroom apartments in Palatine, IL average $1,851/mo. Units start from $1,760/mo across 10 units currently listed.

Rent Trends in Palatine, IL

Track how apartment prices are changing over time.

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