13 Hours Ago
Location
1517 N Silver Ln, Palatine, IL 60074, USA
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Floor plans
| 2BR/1.0BA | 2 bed | 1 bath | $1,400 /mo | 1 unit available |
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Amenities for 1517 North Silver Lane
Apartment Amenities
| Air Conditioning | Water |
Appliances
| Dishwasher | Fridge |
| Range | Refrigerator |
| Stove |
Services
| Garbage |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
Building details
Property details
| Units | 6 |
|---|
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About 1517 North Silver Lane
1517 North Silver Lane cost $1,400 per month. Located at 1517 N Silver Ln, Palatine, IL 60074, USA, 1517 North Silver Lane has 2 bedroom units available. Based on the average rent price of 2 bedrooms in Palatine, renting an apartment at 1517 North Silver Lane is 22% cheaper per month.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 1517 North Silver Lane compares to other nearby properties.
Considerations
- Grow a garden indoors
- A balcony, backyard, or shared outdoor space isn't available
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Rent trends in Palatine
2-bedroom apartments at 1517 North Silver Lane cost about 22% less than the average rent price for 2-bedroom apartments in Palatine.
Median rents as of Jan 24 2026.
Palatine
| Month | Median Rent |
|---|---|
| February 2024 | $1,575 |
| March 2024 | $1,480 |
| April 2024 | $1,424 |
| May 2024 | $1,516 |
| June 2024 | $1,522 |
| July 2024 | $1,732 |
| August 2024 | $1,728 |
| September 2024 | $1,511 |
| October 2024 | $1,437 |
| November 2024 | $1,600 |
| December 2024 | $1,662 |
| January 2025 | $1,555 |
| February 2025 | $1,637 |
| March 2025 | $1,648 |
| April 2025 | $1,684 |
| May 2025 | $1,784 |
| June 2025 | $1,698 |
| July 2025 | $1,610 |
| August 2025 | $1,600 |
| September 2025 | $1,645 |
| October 2025 | $1,772 |
| November 2025 | $1,670 |
| December 2025 | $1,685 |
| January 2026 | $1,650 |
Affordability calculator
Can I afford to live at 1517 N Silver Ln?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$56,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $56,000 annually to afford this 2-bedrooms monthly rent price of $1,400.
For more information on rent affordability, visit our rent calculator.
Schools near 1517 North Silver Lane
Lake Louise Elementary School
500 n jonathan dr
palatine, IL, 60074
PK, K-6Public
C+
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Internet available near 1517 North Silver Lane
Neighborhood
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Palatine near 1517 N Silver Ln
Walking
5/10
Some shops and stores are within a few minutes.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
6/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
1/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 1517 N Silver Ln, Palatine
Groceries
7/10
At least one grocery store within a 15-minute walk
Shopping
5/10
Some shops within walking distance
Cafes
3/10
Few or no cafés within walking distance
Restaurants
5/10
Some restaurants within walking distance
Primary schools
1/10
No elementary schools within a 30-minute walk
High schools
0/10
No high schools within a 30-minute walk
Parks
5/10
Moderate amount of park space nearby
Nightlife
2/10
Few or no bars within walking distance
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