Last updated on July 7, 2026

Average rent in
Palatine, IL

Median rent

Median rent in Palatine

$1,737/mo

decreased by9%

vs previous year

The average rent in Palatine is $1,737 per month as of July 2026. This is 11% below the national average rent, or $212 less per month.

$1.91

average price per square foot

Total rentals

Available rentals in Palatine

41

for rent on Zumper.com as of July 2026

Rent price distribution

Share of Palatine rentals at each price point

75%56%38%19%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in Palatine, IL

Average rent prices in Palatine have decreased by 4% over the last month and have decreased by 9% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Palatine, IL

Rent prices in Palatine vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Palatine is $1,700, whereas a house costs $2,400. 1-bedroom apartments in Palatine run $1,650 on average, while 2-bedroom apartments are $1,815.

Listings

Studio

$1,837

13%

-

1 bedroom

$1,600

4%

3%

2 bedroom

$1,900

4%

3%

3 bedroom

$2,769

59%

3%

4 bedroom

$3,350

26%

20%

Studio

Average rent

$1,837

Last 30 days

13%

1 bedroom

Average rent

$1,600

Last 30 days

4%

Last year

3%

2 bedroom

Average rent

$1,900

Last 30 days

4%

Last year

3%

3 bedroom

Average rent

$2,769

Last 30 days

59%

Last year

3%

4 bedroom

Average rent

$3,350

Last 30 days

26%

Last year

20%

The table above reflects average rent prices in Palatine, IL, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Palatine, IL compare to other cities?

Compare median rent prices in Palatine and Arlington Heights by all bedroom counts and property types.

Palatine

Median rent price$1,737
decreased by11%

lower than the national median

Median rent price$2,074
increased by6%

higher than the national median

Takeaway

The median rent for all rentals in Palatine, IL is 16% lower than the median rent in Arlington Heights, IL.

Discover rentals in Palatine, IL

508 E Spruce Dr #3A - Photo 1 of 1

5d+ ago

Condo for rent in Palatine

CONDOS - Palatine, IL

508 E Spruce Dr #3A, Palatine, IL 60074

2 beds

1 bath

$1,550

Condo for rent

337 N Carter St #101 - Photo 1 of 1

5d+ ago

Condo for rent in Palatine

CONDOS - Palatine, IL

337 N Carter St #101, Palatine, IL 60067

2 beds

1 bath

$1,600

Condo for rent

1213 E Long Valley Drive - Photo 1 of 1

4d ago

8.4

Very good

1213 E Long Valley Drive

1213 E Long Valley Dr, Palatine, IL 60074

2 beds

1 bath

$1,650

Apartment for rent

1441 East Ports O Call Drive - Photo 1 of 1

3d ago

8.5

Very good

1441 East Ports O Call Drive

1441 E Ports O Call Dr, Palatine, IL 60074

2 beds

1 bath

$1,700

Apartment for rent

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Palatine, IL

Quick answers to common questions about the Palatine rental market.

How much is rent in Palatine?

The average rent in Palatine is $1,737 per month as of July 4, 2026.

Is rent up or down in Palatine?

Average rent prices in Palatine have decreased by 4% over the last month and have decreased by 9% since last year.

How does Palatine rent compare to the national average?

Rent in Palatine is 11% below the national average, which means renters are paying approximately $212 less per month.

What salary do I need to afford rent in Palatine?

To comfortably afford rent in Palatine, you'd need to earn approximately $70,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in Palatine?

Palatine's 2025 rental market shows one-bedroom apartments averaging around $1,600 per month, while two-bedroom units average around $1,900 monthly. Two-bedroom apartments make up the majority of available rentals at 55% of the market, compared to one-bedrooms at 29% of monthly inventory.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

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