Palatine, IL rental market

What is the average rent in Palatine, IL?

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Last updated September 24, 2026

Rental market summary

The average rent for all bedrooms and all property types in Palatine, IL is $1,950.

Average rent

$1,950

Month-over-month change

+$85

Year-over-year change

-$250

Available rentals

97

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $1,130 to $6,500.

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Rent frequencies
Rent priceNumber of rental properties
$1,1001
$1,2001
$1,3004
$1,4008
$1,50011
$1,60012
$1,70010
$1,80010
$1,90011
$2,0007
$2,1005
$2,2006
$2,3005
$2,4006
$2,5007
$2,6003
$2,8002
$2,9004
$3,0003
$3,1002
$3,2001
$3,3001
$3,4003
$3,5002
$3,8001
$4,2001
$4,3001
$4,4001
$5,000+1

Average rent price over time

In the last year, rent has decreased by $250 compared to the previous year.

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Average rent price over time
Last year (2025)This year (2026)
Jan$1,670$1,800
Feb$1,866$1,800
Mar$1,820$1,800
Apr$1,830$1,800
May$1,852$1,800
Jun$1,875$1,795
Jul$1,900$1,780
Aug$2,095$1,850
Sep$2,000$1,900
Oct$2,050No data
Nov$2,000No data
Dec$1,900No data

Market temperature

The Palatine, IL rental market temperature is COOL. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

cool

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Palatine, IL is 3% lower than the national average.

Palatine, ILvs.

$1,950

$2,000

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Frequently asked questions

1. What is the average rent in Palatine, IL?

The average rent in Palatine, IL is $1,950.

2. What is the average rent for a studio apartment in Palatine, IL?

The average rent for a studio apartment in Palatine, IL is $1,550 per month.

3. What is the average rent for a one-bedroom apartment in Palatine, IL?

The average rent for a one-bedroom apartment in Palatine, IL is $1,545 per month.

4. What is the average rent for a two-bedroom apartment in Palatine, IL?

The average rent for a two-bedroom apartment in Palatine, IL is $1,950 per month.

5. What is the average rent for a three-bedroom apartment in Palatine, IL?

The average rent for a three-bedroom apartment in Palatine, IL is $2,900 per month.

6. What is the average rent for a four-bedroom apartment in Palatine, IL?

The average rent for a four-bedroom apartment in Palatine, IL is $3,500 per month.

7. How much does it cost to rent a house in Palatine, IL?

Houses in Palatine, IL rent between $1,130 - $6,500 with an average rent of $1,950.

8. How has the rent in Palatine, IL changed in the last year?

In the last year, the rent in Palatine, IL decreased by $250

9. How much has the rent in Palatine, IL increased/decreased in the last month?

In the last month, the rent in Palatine, IL increased by $85

10. How many available rentals are there in Palatine, IL?

There are currently 97 rentals available in Palatine, IL.

11. How do rent prices in Palatine, IL compare with the national average?

The average rent in Palatine, IL is $1,950 — 2.5% lower the national average of $2,000.

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