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211 Apartments for rent in Palatine, IL

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Last updated July 20 at 3:34PM
632 North DEER RUN Drive
Palatine
Palatine, IL
Updated July 11 at 4:32AM
3 Bedrooms
$1,400
715 West PALATINE Road
Palatine
Palatine, IL
Updated July 20 at 4:49AM
3 Bedrooms
$2,200
2321 North Quentin Road
Hillcrest Gardens
Palatine, IL
Updated June 22 at 1:54PM
2 Bedrooms
$1,000
457 South Kensington Court
Palatine
Palatine, IL
Updated June 23 at 11:30AM
5 Bedrooms
$2,850
1185 North Sterling Avenue
Baldwin
Palatine, IL
Updated July 20 at 3:34PM
1 Bedroom
$1,010
1384 East Wyndham Circle
Palatine
Palatine, IL
Updated July 9 at 4:18AM
1 Bedroom
$1,045
1454 CAROL Court
Palatine
Palatine, IL
Updated July 17 at 10:45AM
2 Bedrooms
$1,300
1311 North Winslowe Drive
Palatine
Palatine, IL
Updated July 14 at 11:32AM
2 Bedrooms
$1,150
854 South Insignia Court
Palatine
Palatine, IL
Updated July 3 at 2:14AM
2 Bedrooms
$1,995
50 North PLUM GROVE Road
Palatine
Palatine, IL
Updated July 20 at 4:48AM
3 Bedrooms
$3,650
1326 North Winslowe Drive
Palatine
Palatine, IL
Updated June 15 at 5:34AM
3 Bedrooms
$1,800
413 West PALATINE Road
Palatine
Palatine, IL
Updated July 3 at 7:27PM
3 Bedrooms
$1,700
390 West Mahogany Court
Palatine
Palatine, IL
Updated July 19 at 5:32AM
2 Bedrooms
$1,825
227 West Wellington Drive
Baldwin
Palatine, IL
Updated April 18 at 11:22PM
4 Bedrooms
$3,800
1273 DONEGAL BAY Lane
Palatine
Palatine, IL
Updated July 19 at 5:24AM
3 Bedrooms
$1,500
9 East Dundee Quarter Drive
Palatine
Palatine, IL
Updated July 15 at 10:48AM
1 Bedroom
$850
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City Guide
Palatine
Living in Palatine

Palatine made news in 2008 because they considered seceding from Cook County due to the county’s tax increase--talk about a daring city. With the increase, Palatine’s tax rate is now 9.5 percent, which is one of the highest tax rates in the entire country. In fact, taxes are very high in all of the greater Chicago-land area. But the millions of people who call this metro area home find that the high taxes are a necessary evil that comes as one of the inevitable tolls of living in such an exciting city. Taxes, it's a love-hate kind of thing.

Palatine is a comparatively affordable suburb for working families. It’s certainly not the lowest cost suburb, but it-s also not the most expensive, either. If you want to move here, you’ll need to prepare in advance. How far in advance you need to prepare depends on how many bedrooms you need. Renting a one bedroom apartment in Palatine is usually not incredibly difficult. However, the number of vacant apartments in Palatine is about half that of the national average, so you may want to expect a waiting period. In general, the more bedrooms you need, the more time you should allow for finding your dream home for rent. Three-bedroom apartments for rent may be most likely to have waiting lists, just because the cost of buying houses in Palatine is higher than many families can afford. So don't be lazy and get searching now!

Most landlords and apartment complexes want tenants whose monthly incomes are about three times higher than the rent. Other factors they consider are a good job record and references from previous landlords. If any of your references are less than perfect, don’t worry too much; you can probably still find some place to rent to you. Palatine is a good town, but it’s not as exclusive as certain other suburbs and therefore doesn't practice snobbery to the same extent.

Palatine is such an ideal location because it’s close to everything. Its only 18 miles from O’Hare International Airport, so people who have to travel frequently for business will appreciate it. The village is also close to many major routes in the Chicagoland area, including I-290, IL-53 and US-14. However, no matter how convenient the location is for you, expect to spend a lot of time in your car. Average commute times are longer than the national average in Palatine, as well as in the rest of the Chicago area.

If you dont want to be stuck in traffic, fortunately Chicago has a lot of great public transit options. METRA stations have stops in Palatine, as do PACE buses. The commute may still take a while if you use public transit, but at least you could spend the time reading a book or catching up on email instead of feeling road rage.

Palatine Neighborhoods

There’s really no such thing as a bad neighborhood here. However, some neighborhoods are better than others. Here are some of the more popular neighborhoods in Palatine.

Staples Corner: This area is centered around Lake Cook Road with North Hicks and Rand intersecting at different points. The rent here is a little less than average and it’s a quiet neighborhood that’s a bit more rural than others.

Barrington Woods: This area has a lovely, old feel and is very green with lots of trees and big yards. Houses for rent here go for a little more than average and ’it’s a very pleasant neighborhood with easy access to amenities in Palatine.

Village Center: This is a popular area that’s right off the train station and close to a number of small suburban parks and the Palatine Public Library. Twin Lakes Golf Course is nearby as well for people who love an early morning tee time.

Living in Palatine

Many subdivisions have homeowners associations, or HOAs, to set standards for residents. HOAs have rules about what residents can do in terms of things like yard maintenance and exterior home dcor, with the goal of keeping the property values high. In villages like Palatine with a lot of homeowners associations, apartment complexes are often set closer to the main shopping areas.

Speaking of which, there’s a lot of great shopping in Palatine and nearby. Right in Palatine, you can find a variety of cute boutiques like Anne’s Unique Boutique and the Chandelier Boutique, as well as stores catering to the runners and bikers in the area. The village also has several music shops for student and professional musicians to get their supplies. Woodfield Mall, the largest mall in Illinois, is just 8 miles up the road. What are you shopaholics waiting for?

Dont let it fool you that most non-chain restaurants in Palatine are located in strip malls: there are plenty of really good places to eat here. From the Capri Deli and Pizza to Napoli Pizza, there are lots of non-chain restaurants to get a real Chicago pizza. Mexico Uno will solve your craving for chips and salsa, and Asahi Japanese Restaurant will fulfill your sushi wishes. Caf Fourteen and the Red Apple Pancake House and Caf are delicious places for breakfast, and for those with a sweet tooth, Signature Sweets will top off any evening with gelato and froyo.

You dont have to leave Palatine to enjoy yourself on the weekends. The village itself has fun stuff to do, like the Downtown Palatine Street Fest every August, which has music for the grown-ups, an adorable pet parade and a Kids Zone for the youngsters. Theres also the Palatine Park District Fall Festival and a summer concert series. Get ready to dance!

When you want to sneak out of the burbs for some real excitement, it doesn't take long to get into the city of Chicago for arts and culture. Whether its shopping at the famously upscale "Miracle Mile" which doesn't get old, even when you live here or viewing an exhibit at one of the citys many museums, youll never get bored when you’re this close to the country’s third largest city. Taste of Chicago lets you explore some of the best food the city has to offer. In the summer, Chicago residents flock to the beaches of Lake Michigan, which is a great place for swimming, sunbathing, or just some truly excellent people watching.

Palatine is a great place to call home because you get the best of big city life without the drawbacks. With Palatine, you really get the best of all worlds.

Rent Report
Palatine

July 2017 Palatine Rent Report

Welcome to the July 2017 Palatine Rent Report. Palatine rents increased over the past month. In this report, we'll evaluate trends in the Palatine rental market, including comparisons to cities throughout the metro and nation.

Palatine rents increased significantly over the past month

Palatine rents have increased 0.5% over the past month, and are up moderately by 2.7% in comparison to the same time last year. Currently, median rents in Palatine stand at $1,120 for a one-bedroom apartment and $1,320 for a two-bedroom. This is the sixth straight month that the city has seen rent increases after a decline in December of last year. Palatine's year-over-year rent growth lags the state average of 2.9%, as well as the national average of 2.9%.

Rents rising across the Chicago Metro

Throughout the past year, rent increases have been occurring not just in the city of Palatine, but across the entire metro. Of the largest 10 cities that we have data for in the Chicago metro, all of them have seen prices rise. Illinois as a whole has logged a 2.9% year-over-year growth. Here's a look at how rents compare across some of the largest cities in the metro.

  • Evanston has seen the fastest rent growth in the metro, with a year-over-year increase of 5.5%. The median two-bedroom there costs $1,510, while one-bedrooms go for $1,290.
  • Park Forest has the least expensive rents in the Chicago metro, with a two-bedroom median of $1,150; rents were up 0.3% over the past year but remained flat month-over-month.
  • Naperville has the most expensive rents of the largest cities in the Chicago metro, with a two-bedroom median of $1,750; rents grew 1.0% over the past month and 3.1% over the past year.

Palatine rents more affordable than many large cities nationwide

Rent growth in Palatine has been relatively stable over the past year - some other large cities have seen more substantial increases, while in a few cases, rents have actually declined. Palatine is still more affordable than most large cities across the country.

  • Palatine's median two-bedroom rent of $1,320 is above the national average of $1,150. Nationwide, rents have grown by 2.9% over the past year.
  • While rents in Palatine remained moderately stable this year, similar cities saw increases, including St. Louis (+2.9%), Detroit (+2.4%), Denver (+2.4%); note that median 2BR rents in these cities go for $940, $880, and $1,330 respectively.
  • Renters will find more reasonable prices in Palatine than most large cities. Comparably, San Francisco has a median 2BR rent of $3,040, which is more than twice the price in Palatine.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.
City Median 1BR price Median 2BR price M/M price change Y/Y price change
Chicago $1,090 $1,290 0.8% 4.8%
Aurora $1,090 $1,290 1.0% 0.9%
Naperville $1,480 $1,750 1.0% 3.1%
Arlington Heights $1,250 $1,480 0.1% 3.3%
Evanston $1,290 $1,510 1.1% 5.5%
Palatine $1,120 $1,320 0.5% 2.7%
Wheaton $1,260 $1,480 0.2% 0.9%
Hoffman Estates $1,110 $1,310 1.4% 3.5%
Lisle $1,200 $1,420 0.5% 3.0%
Park Forest $980 $1,150 0.0% 0.3%

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.