Apartments for Rent in Palatine, IL

Prices and availability in Palatine, IL were last updated on 6 Oct 2026.

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

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

The price range for a studio apartment in Palatine, IL is between $1,200 and $2,338.

The price range for a 1-bedroom apartment in Palatine, IL is between $1,585 and $2,848.

The price range for a 2-bedroom apartment in Palatine, IL is between $1,641 and $3,738.

The price range for a 3-bedroom apartment in Palatine, IL is between $1,546 and $4,150.

In Palatine 33% of the housing is rented out compared to 67% of homes are owned, according to the most recent Census Bureau estimates. 10% of Palatine's apartments are found in large buildings of 50 units or more, 82% are located in smaller apartment complexes with less than 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.