Apartments for Rent in Palatine, IL

Prices and availability in Palatine, IL were last updated on 27 Oct 2026.

The best apartments in Palatine, IL are: Williams Reserve, Clover Ridge East Apartments, Albion on Lake Cook, Albion on Northwest and The Gates of Deer Grove Apartment Homes.

The average rent in Palatine, IL is $1,830.

The price range for a studio apartment in Palatine, IL is between $1,200 and $2,364.

The price range for a 1-bedroom apartment in Palatine, IL is between $1,629 and $2,861.

The price range for a 2-bedroom apartment in Palatine, IL is between $1,656 and $3,582.

The price range for a 3-bedroom apartment in Palatine, IL is between $1,546 and $3,990.

In Palatine, 33% of the residents are renting compared to 67% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 10% of Palatine's rentals, 82% are small-scale complexes with under 50 units, and 8% are single-family rentals.

The average age of rental buildings in Palatine is 46 years old, with none being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 3 stories, of which 97% are garden-style apartment communities, 3% are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

Studio apartments in Palatine are around 1.0% of rentals, while 1-bedroom floor plans represent 44% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 50% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.