Last updated on May 21, 2026

Average rent in
Palatine, IL

Median rent

Median rent in Palatine

$1,807/mo

decreased by5%

vs previous year

The average rent in Palatine is $1,807 per month as of May 2026. This is 7% below the national average rent, or $141 less per month.

$1.68

average price per square foot

Total rentals

Available rentals in Palatine

42

for rent on Zumper.com as of May 2026

Rent price distribution

Share of Palatine rentals at each price point

65%49%33%16%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 3% over the last month and have decreased by 5% 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 $1,772, whereas a house costs $2,580. 1-bedroom apartments in Palatine run $1,650 on average, while 2-bedroom apartments are $1,850.

Listings

Studio

$1,385

13%

-

1 bedroom

$1,615

2%

5%

2 bedroom

$1,865

2%

4%

3 bedroom

$2,774

3%

1%

4 bedroom

$3,050

11%

30%

Studio

Average rent

$1,385

Last 30 days

13%

1 bedroom

Average rent

$1,615

Last 30 days

2%

Last year

5%

2 bedroom

Average rent

$1,865

Last 30 days

2%

Last year

4%

3 bedroom

Average rent

$2,774

Last 30 days

3%

Last year

1%

4 bedroom

Average rent

$3,050

Last 30 days

11%

Last year

30%

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$1,807
decreased by7%

lower than the national median

Median rent price$2,000
increased by3%

higher than the national median

Takeaway

The median rent for all rentals in Palatine, IL is 10% lower than the median rent in Arlington Heights, IL.

Discover rentals in Palatine, IL

Palatine Park Apartments - Photo 1 of 1

23h ago

8.6

Very good

Palatine Park Apartments

410 W Palatine Rd, Palatine, IL 60067

2 beds

1 bath

$1,550–$1,695

Apartment for rent

1523 N Winslowe Dr #3A - Photo 1 of 1

5d+ ago

Apartment for rent in Palatine

2 beds

1 bath

$1,550

Apartment for rent

Available May 14

444 E Osage Ln Apt 2a - Photo 1 of 1

5d+ ago

Condo for rent in Palatine

2 beds

1 bath

$1,650

Condo for rent

Available Jan 30

1225 E Woodbury Ln - Photo 1 of 1

5d+ ago

8.6

Very good

1225 E Woodbury Ln

1225 E Woodbury Ln, Palatine, IL 60074

2 beds

1 bath

$1,695

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 $1,807 per month as of May 16, 2026.

Is rent up or down in Palatine?

Average rent prices in Palatine have decreased by 3% over the last month and have decreased by 5% since last year.

How does Palatine rent compare to the national average?

Rent in Palatine is 7% below the national average, which means renters are paying approximately $141 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 $72,000/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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