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Average Rent in Palatine 60074 & Rent Trends

Rent prices and market trends across 1 apartment community in Palatine 60074, Palatine, IL. Updated daily.

Area All Areas
Palatine 6006760074

Market Average

$3,766/mo

Lowest Available

$2,362/mo

cheapest unit on market

Communities

1

tracked daily

Units Listed

11

available now

Palatine 60074 vs Palatine, IL Average

Palatine 60074 is more expensive than the Palatine, IL average by $1,207/mo (47%). The citywide average is $2,559/mo across all neighborhoods.

Is Rent Going Up or Down in Palatine 60074?

As of July 2026, the average rent in Palatine 60074 is $3,766 per month across 1 apartment community and 11 available units.

The most affordable option is Deer Park Crossing starting at $2,362/mo. By unit type, a 1-bedroom averages $2,460/mo, a 2-bedroom averages $3,877/mo, a 3-bedroom averages $4,483/mo.

Prices range from $2,362 to $5,068 per month. The most common price point is the $4,200 range, where 3 units are currently listed.

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Palatine 60074

1 Bed
$2,460
from $2,362 · 3 units
2 Bed
$3,877
from $3,316 · 3 units
3 Bed
$4,483
from $4,216 · 5 units

Rent Prices by Apartment in Palatine 60074

Property Starting at Average Units Rating
Deer Park Crossing $2,362/mo $3,766/mo 11 4.8

Frequently Asked Questions About Rent in Palatine 60074

What is the average rent in Palatine 60074?

The average rent in Palatine 60074 is $3,766 per month as of July 2026, based on 11 units across 1 apartment communities.

Is rent going up or down in Palatine 60074?

The current average rent in Palatine 60074 is $3,766/mo, refreshed daily to track rent trends.

What is the cheapest apartment in Palatine 60074?

The most affordable apartment in Palatine 60074 is Deer Park Crossing with units starting at $2,362/mo.

How much is a 1-bedroom apartment in Palatine 60074?

A 1-bedroom apartment in Palatine 60074 averages $2,460/mo, with prices starting at $2,362/mo across 3 available units.

How many apartments are available in Palatine 60074?

There are 11 units available across 1 apartment communities in Palatine 60074.

What salary do I need to live comfortably in Palatine 60074?

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

Minimum to afford average rent

$151,000/year

Based on the 30 percent rule, using our tracked average rent of $3,766/mo.

Comfortable income

$181,000/year

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

To afford the cheapest tracked apartment ($2,362/mo), you need to earn at least $94,000/year.

Cost of living in Palatine 60074

We only have live rent data for Palatine 60074 so far. The full cost of living breakdown (utilities, groceries, transportation, healthcare) is coming soon.

Category Monthly estimate
Rent (market average) $3,766
Estimated total $3,766/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.

Explore Palatine 60074 Apartments

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