Bedroom count
Property type
Last updated on October 5, 2026
Last updated on October 5, 2026
Bedroom count
Property type
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.
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 in Palatine
$1,962/mo
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.
average price per square foot
Available rentals in Palatine
52
for rent on Zumper.com as of October 2026
Share of Palatine rentals at each price point
Average rent prices in Palatine have increased by 3% over the last month and have increased by 3% since last year.
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
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% |
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in Palatine, IL.
Listings | ||||
|---|---|---|---|---|
Apartments | $1,865 | No Change | No Change | |
Condos | $1,767 | 3% | No Change | |
Houses | $3,000 | 2% | No Change |
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%
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in Palatine, IL.
Apartments
Average rent
$1,865
Last 30 days
No Change
Condos
Average rent
$1,767
Last 30 days
3%
Houses
Average rent
$3,000
Last 30 days
2%
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.
Compare median rent prices in Palatine and Arlington Heights by all bedroom counts and property types.
Palatine
higher than the national median
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.
Explore rent trends in neighboring markets
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Quick answers to common questions about the Palatine rental market.
The average rent in Palatine is $1,962 per month as of October 3, 2026.
Average rent prices in Palatine have increased by 3% over the last month and have increased by 3% since last year.
Rent in Palatine is 3% above the national average, which means renters are paying approximately $62 more per month.
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.
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.
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).