Last updated
Average Rent in Palatine 60067 & Rent Trends
Rent prices and market trends across 2 apartment communities in Palatine 60067, Palatine, IL. Updated daily.
Market Average
$1,888/mo
Lowest Available
$1,818/mo
cheapest unit on market
Communities
2
tracked daily
Units Listed
6
available now
Palatine 60067 vs Palatine, IL Average
Palatine 60067 is cheaper than the Palatine, IL average by $936/mo (33%). The citywide average is $2,824/mo across all neighborhoods.
Is Rent Going Up or Down in Palatine 60067?
As of September 2026, the average rent in Palatine 60067 is $1,888 per month across 2 apartment communities and 6 available units.
The most affordable option is The Clayson starting at $1,818/mo. By unit type, a 2-bedroom averages $1,888/mo.
Prices range from $1,818 to $1,910 per month. The most common price point is the $1,800 range, where 6 units are currently listed.
Rent by Bedroom Type in Palatine 60067
Rent Prices by Apartment in Palatine 60067
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| The Clayson | $1,818/mo | $1,818/mo | 1 | 3.5 |
| The Gates of Deer Grove Apartment Homes | $1,895/mo | $1,902/mo | 5 | 3.7 |
Frequently Asked Questions About Rent in Palatine 60067
What is the average rent in Palatine 60067?
Is rent going up or down in Palatine 60067?
What is the cheapest apartment in Palatine 60067?
How many apartments are available in Palatine 60067?
What salary do I need to live comfortably in Palatine 60067?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$76,000/year
Based on the 30 percent rule, using our tracked average rent of $1,888/mo.
Comfortable income
$91,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,818/mo), you need to earn at least $73,000/year.
Median household income in Palatine 60067 is $95,950 , about 6% above the comfortable-living threshold.
Cost of living in Palatine 60067
Overall prices in Palatine 60067 runs above the national average by about 2% (BEA Regional Price Parity index 102.5, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Palatine 60067's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,888 |
| Utilities | $477 |
| Groceries | $563 |
| Transportation | $1,138 |
| Healthcare | $555 |
| Other goods and services | $888 |
| Estimated total | $5,509/mo |
Population
66,548
Median household income
$95,950
Census median rent
$1,467/mo
Census rent burden
30.1%
Median age
39.6
Mean commute
28 min
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 were last published in 2023.
Google Search Trends for Palatine 60067 Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Palatine 60067 Apartments
Browse all 2 communities with daily-updated pricing and availability.