92 Apartments under 900 for rent in Palatine, IL

Last updated November 24 at 1:16am UTC
Results within 10 miles of Palatine, IL
1205 Silverstone Dr
Carpentersville
Carpentersville, IL
Updated November 11 at 10:40am UTC
1 Bedroom
$799
Results within 20 miles of Palatine, IL
850 West Argyle Street
Uptown
Chicago, IL
Updated November 17 at 11:07am UTC
Studio
$875
26198 Spring Grove Road
Antioch
Antioch, IL
Updated September 14 at 11:00pm UTC
1 Bedroom
$600
29W543 Batavia Road
Warrenville
Warrenville, IL
Updated October 24 at 12:32pm UTC
2 Bedrooms
$775
7333 N Ridge Blvd
Rogers Park
Chicago, IL
Updated November 24 at 1:16am UTC
1 Bedroom
$895
337 BARBER Street
West Chicago
West Chicago, IL
Updated October 21 at 9:51am UTC
2 Bedrooms
$895
1319 Victoria Ave
North Chicago
North Chicago, IL
Updated November 16 at 2:03am UTC
2 Bedrooms
$795
2111 N Elmwood Ave
Waukegan
Waukegan, IL
Updated November 16 at 12:39pm UTC
2 Bedrooms
$825
1331 W Estes Ave
Rogers Park
Chicago, IL
Updated November 23 at 5:31pm UTC
Studio
$700
430 Cunat Boulevard
Richmond
Richmond, IL
Updated November 8 at 1:46am UTC
1 Bedroom
$775
7536 West 64th Street
Summit
Summit, IL
Updated October 2 at 6:23pm UTC
1 Bedroom
$800
7301 N Sheridan Rd
Rogers Park
Chicago, IL
Updated November 23 at 5:28pm UTC
1 Bedroom
$875
103 N Milwaukee Ave
Lake Villa
Lake Villa, IL
Updated November 16 at 2:09am UTC
1 Bedroom
$795
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November 2017 Palatine Rent Report

Welcome to the November 2017 Palatine Rent Report. In this report, we'll evaluate trends in the Palatine rental market, including comparisons to cities throughout the metro, state, and nation.

View full Palatine Rent Report
Rent Report
Palatine

November 2017 Palatine Rent Report

Welcome to the November 2017 Palatine Rent Report. In this report, we'll evaluate trends in the Palatine rental market, including comparisons to cities throughout the metro, state, and nation.

Palatine rents increase sharply over the past month

Palatine rents have increased 0.7% over the past month, and are up moderately by 2.5% in comparison to the same time last year. Currently, median rents in Palatine stand at $1,130 for a one-bedroom apartment and $1,320 for a two-bedroom. This is the second straight month that the city has seen rent increases after a decline in August. Palatine's year-over-year rent growth leads the state average of 1.0%, but trails the national average of 2.7%.

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, 8 of them have seen prices rise. Here's a look at how rents compare across some of the largest cities in the metro.

  • Woodridge has seen the fastest rent growth in the metro, with a year-over-year increase of 2.9%. The median two-bedroom there costs $1,430, while one-bedrooms go for $1,220.
  • Over the past year, Lisle has seen the biggest rent drop in the metro, with a decline of 1.6%. Median two-bedrooms there cost $1,400, while one-bedrooms go for $1,190.
  • Naperville has the most expensive rents of the largest cities in the Chicago metro, with a two-bedroom median of $1,740; rents went down 0.4% over the past month but rose 1.6% over the past year.
  • Chicago proper has the least expensive rents in the Chicago metro, with a two-bedroom median of $1,270; rents decreased 1.1% over the past month but were up 1.1% over the past year.

Palatine rents more affordable than many large cities nationwide

As rents have increased moderately in Palatine, large cities nationwide have seen rents grow more modestly, or in some cases, even decline. 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 $1,160. Nationwide, rents have grown by 2.7% over the past year compared to the 2.5% rise in Palatine.
  • While Palatine's rents rose moderately over the past year, some cities nationwide saw decreases, including DC (-0.6%) and New York (-0.2%).
  • Renters will find more reasonable prices in Palatine than most large cities. For example, San Francisco has a median 2BR rent of $3,070, 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 $1,080 $1,270 -1.1% 1.1%
Aurora $1,100 $1,300 -0.3% 1.9%
Naperville $1,480 $1,740 -0.4% 1.6%
Arlington Heights $1,240 $1,450 -0.8% 2.3%
Evanston $1,290 $1,520 -1.1% -0.2%
Palatine $1,130 $1,320 0.7% 2.5%
Wheaton $1,260 $1,480 0.2% 0.2%
Hoffman Estates $1,090 $1,280 0.3%
Woodridge $1,220 $1,430 -1.6% 2.9%
Lisle $1,190 $1,400 -1.6% -1.6%

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.