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Apartments for Rent in Palatine, IL under $1500 – 140 Rentals available


Palatine, IL Demographics

  • Total Population68,407
  • Female 33,934
    Male 34,473
  • Median Age38.2

Average Rent in Palatine, IL

  • Palatine, IL Average Rental Price, February 2021 $1,334 /mo

Palatine, IL Apartment Rent Ranges

  • $1,001-$1,50092%
  • $1,501-$2,0008%

Palatine, IL Rent Trends

Average Rent Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019 Mar / 2020 Jul / 2020 Feb / 2021
Palatine, IL $1,238 $1,238 $1,306 $1,274 $1,365 $1,358 $1,322 $1,308 $1,334
National $1,381 $1,418 $1,428 $1,432 $1,468 $1,475 $1,477 $1,464 $1,462
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Palatine, IL Households

  • Total Number of Households26,866
  • Family 17,417
    Non-family 9,449
  • Children 8,270
    No Children 18,596
  • Average People Per Household2.54
  • Median Household Income$80,526
  • Median Housing Costs Per Month$1,365

Palatine, IL Education Statistics

  • No High School6%
  • Some High School19%
  • Some College22%
  • Associate Degree7%
  • Bachelor Degree29%
  • Graduate Degree17%

Apartments in Palatine, IL under $1,400

Balancing snug and cheap is no joke when it comes to renting a place to live. “Are there any apartments near me under $1,400?” is a great question to start from. Knowing your budget means you’re one step ahead and on the right track. We’ve taken care of the rest and found 124 apartments for rent in Palatine, IL on which you’ll spend less than $1,400. A small, cheap rental means you’ll have to budget your living space as well. The great news is that keeping it simple pays off in more than one way. The cost of utilities is likely to run low, and you get the added benefit of not having to spend too much time cleaning up the whole place. Smaller apartments are more likely to be closer to the city center, so there are potential cuts to your transportation costs too. And here’s one more very special secret to add to your book-of-perks: you’re less likely to overshop when you know your space is limited.

Rentals near you under $1,400

Our goal is to help you find cheap apartments that live up to your dreams without crushing your budget. It may be a long shot to go looking for 3 bedroom apartments or even 2 bedroom for less than $1,400. The average rental size in Palatine, IL is 914 Sq.Ft., but the $1,400 limit will probably narrow your search to places with a smaller square footage. Go through our listings and be on the look-out for a hassle-free studio or a 1 bedroom apartment. We trust you’ll turn it into a cozy home which is also budget-friendly to the core.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!