Last updated on October 5, 2026

Average rent in
Palatine, IL

Key takeaways for renters

  • Where Palatine rent stands today

    Palatine, IL rent rose 3.3% year over year, with a current median of $1,962/month. Renters today are paying $47 more per month on average than last year, reaching the city's peak rent level this October 2026.

  • Palatine runs 3.3% more expensive than the $1,900/month national median, placing it slightly above average in cost among similar-sized metros with 52 total rentals.

  • Rent ranges by bedroom

    Studios in Palatine rent for $1,385/month, 1-bedrooms for $1,650/month, and 2-bedrooms for $2,025/month, with 3-bedrooms at $3,495/month and 4+ bedrooms at $2,100/month. The market is weighted toward 2-bed units, which make up 56.1% of total rentals.

Median rent

Median rent in Palatine

$1,962/mo

increased by3%

vs previous year

The average rent in Palatine is $1,962 per month as of October 2026. This is 3% above the national average rent, or $62 more per month.

$1.74

average price per square foot

Total rentals

Available rentals in Palatine

52

for rent on Zumper.com as of October 2026

Rent price distribution

Share of Palatine rentals at each price point

75%56%38%19%0%
$0 - $1,500
$1,501 - $3,000
$3,001 - $4,500
$4,501 - $6,000
$6,001 - $50,000

Rent trends in Palatine, IL

Average rent prices in Palatine have increased by 3% over the last month and have increased by 3% 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 $1,865, whereas a house costs $3,000. 1-bedroom apartments in Palatine run $1,650 on average, while 2-bedroom apartments are $2,050.

Listings

Studio

$1,385

13%

59%

1 bedroom

$1,650

2%

8%

2 bedroom

$2,025

1%

1%

3 bedroom

$3,495

1%

25%

4 bedroom

$2,100

1%

33%

Studio

Average rent

$1,385

Last 30 days

13%

Last year

59%

1 bedroom

Average rent

$1,650

Last 30 days

2%

Last year

8%

2 bedroom

Average rent

$2,025

Last 30 days

1%

Last year

1%

3 bedroom

Average rent

$3,495

Last 30 days

1%

Last year

25%

4 bedroom

Average rent

$2,100

Last 30 days

1%

Last year

33%

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$1,962
increased by3%

higher than the national median

Median rent price$2,095
increased by10%

higher than the national median

Takeaway

The median rent for all rentals in Palatine, IL is 6% lower than the median rent in Arlington Heights, IL.

Discover rentals in Palatine, IL

1224 E Long Valley Dr #3B - Photo 1 of 1

23h ago

Condo for rent in Palatine

2 beds

1 bath

$1,500

Palatine Park Apartments - Photo 1 of 1

3d ago

8.8

Very good

Palatine Park Apartments

410 W Palatine Rd, Palatine, IL 60067

2 beds

1 bath

$1,550

509 E Spruce Dr #1B - Photo 1 of 1

5d+ ago

Condo for rent in Palatine

Residential Lease, Palatine, IL

509 E Spruce Dr #1B, Palatine, IL 60074

2 beds

1 bath

$1,550

1319 N Baldwin Ct #1 - Photo 1 of 1

5d+ ago

Townhouse for rent in Palatine

1319 N Baldwin Ct, 2D - 1

1319 N Baldwin Ct #1, Palatine, IL 60074

2 beds

1 bath

$1,590

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 $1,962 per month as of October 3, 2026.

Is rent up or down in Palatine?

Average rent prices in Palatine have increased by 3% over the last month and have increased by 3% since last year.

How does Palatine rent compare to the national average?

Rent in Palatine is 3% above the national average, which means renters are paying approximately $62 more per month.

What salary do I need to afford rent in Palatine?

To comfortably afford rent in Palatine, you'd need to earn approximately $79,000/year, based on spending no more than 30% of your income on rent.

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

December offers the best rental deals in Palatine, with rents running about 6.9% lower than April, which sees the highest prices of the year.

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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