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studio apartments
Last updated February 19 2020 at 8:47 PM

12 Studio Apartments for rent in Palatine, IL

Verified
Last updated February 19 at 07:32pm
26 Units Available
Williams Reserve
1245 E Prairie Brook Dr, Palatine, IL
Studio
$1,175
576 sqft
Best kept secret in Palatine! Williams Reserve is a hidden gem with award winning landscape. The property has ponds and streams throughout to create a tranquil environment.
Results within 1 mile of Palatine
Verified
Last updated February 19 at 06:36pm
11 Units Available
One Arlington
3400 W Stonegate Blvd, Arlington Heights, IL
Studio
$1,479
622 sqft
This community offers residents a pet-friendly environment with an on-site pool, clubhouse and 24-hour gym. Units feature walk-in closets and hardwood flooring. Convenient to the Twin Lakes Recreation Area.
Results within 5 miles of Palatine
Verified
Last updated February 19 at 07:31pm
Barrington Lakes
51 Units Available
Barrington Lakes Apartments
2200 Hassell Rd, Hoffman Estates, IL
Studio
$925
470 sqft
Barrington Lakes Apartments offers studio, one, two, and three-bedroom apartments. Equipped with renovated kitchens, walk-in closets, and private balconies, find which style works best for you. Barrington Lakes provides a true community environment.
Verified
Last updated February 19 at 06:47pm
Central Business District
17 Units Available
Hancock Square at Arlington Station
180 N Arlington Heights Rd, Arlington Heights, IL
Studio
$1,593
608 sqft
On major public transportation line, near parks, restaurants and Metropolis Performing Arts Center. Studio, one-bedroom and two-bedroom apartments in recently renovated building. Units have in-suite laundry facilities, granite counters and walk-in closets. Pets welcome.
Verified
Last updated February 19 at 07:32pm
41 Units Available
Versailles on the Lakes Schaumburg
1024 North Plum Grove Road, Schaumburg, IL
Studio
$1,125
455 sqft
RMK...Rely on our Management Knowledge.
Last updated February 19 at 09:40am
1 Unit Available
2875 Greenspoint Pkwy
2875 Greenpoint Parkway, Hoffman Estates, IL
Studio
$1,865
450 sqft
Our hotel is the place to go when you want to escape the hustle and bustle of urban Chicago and embrace the tranquility of the neighboring suburbs.
Results within 10 miles of Palatine
Verified
Last updated February 19 at 07:06pm
12 Units Available
Tapestry Glenview
2550 Waterview Dr, Northbrook, IL
Studio
$1,499
599 sqft
Located between Willow Road and I-294. Modern apartment complex with a pool, sun terrace and courtyard. Homes have carpet, stainless steel kitchen appliances, large closets and private laundry facilities.
Verified
Last updated February 19 at 06:40pm
16 Units Available
AMLI Deerfield
1525 Lake Cook Rd, Deerfield, IL
Studio
$1,542
593 sqft
Studio, one- and two-bedroom apartments offer modern kitchens, granite counters, hardwood floors, walk-in closets, in-unit laundry. Pet-friendly with pool, gym, bike storage, gym. Minutes from Deerfield Metra stations, 1-294, O'Hare International Airport and downtown Chicago.
Verified
Last updated February 19 at 07:32pm
52 Units Available
Buckingham Place
750 E. Northwest Highway, Des Plaines, IL
Studio
$1,657
603 sqft
Buckingham Place is the newest and most luxurious apartment community in Des Plaines. Just minutes from the Cumberland Metra train line and downtown Des Plaines. Be the first to live in this premier luxury community.
Verified
Last updated February 19 at 07:32pm
40 Units Available
The Monarch
150 NE River Road, Des Plaines, IL
Studio
$1,395
485 sqft
DES PLAINES, IL, UPSCALE APARTMENTS FOR RENT. The Monarch is the new standard in upscale living, featuring a sophisticated and unique community that offers the opportunity for upscale living in Des Plaines, IL.
Verified
Last updated February 19 at 07:32pm
44 Units Available
20 West Apartments
20 West Northwest Highway, Mount Prospect, IL
Studio
$1,670
616 sqft
Come home to 20 West Apartments - just steps from the Mount Prospect Metra train station. Our brand new luxury apartments are lavishly designed to fit your lifestyle.
Verified
Last updated February 19 at 06:41pm
13 Units Available
Westline
1700 Ontarioville Rd, Hanover Park, IL
Studio
$950
400 sqft
Various sized apartments with granite surfaces and hardwood floors. The pet-friendly community has a gym, pool and BBQ area. Next to a train station for easy access to Chicago and beyond.

February 2020 Palatine Rent Report

Welcome to the February 2020 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, state, and nation.

View full Rent Report

February 2020 Palatine Rent Report

Welcome to the February 2020 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, state, and nation.

Palatine rents increased slightly over the past month

Palatine rents have increased 0.2% over the past month, and are up slightly by 1.8% in comparison to the same time last year. Currently, median rents in Palatine stand at $1,183 for a one-bedroom apartment and $1,392 for a two-bedroom. This is the fourth straight month that the city has seen rent increases after a decline in September of last year. Palatine's year-over-year rent growth leads the state average of 1.0%, as well as the national average of 1.6%.

    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. Here's a look at how rents compare across some of the largest cities in the metro.

    • Gary has the least expensive rents in the Chicago metro, with a two-bedroom median of $921; the city has also seen rents fall by 0.3% over the past month, the biggest drop in the metro.
    • Waukegan has seen the fastest rent growth in the metro, with a year-over-year increase of 2.7%. The median two-bedroom there costs $1,014, while one-bedrooms go for $862.
    • Naperville has the most expensive rents of the largest cities in the Chicago metro, with a two-bedroom median of $1,760; rents were up 0.3% over the past month but remained flat year-over-year.

    Many large cities nationwide show more affordable rents compared to Palatine

    As rents have increased slightly in Palatine, a few large cities nationwide have also seen rents grow modestly. Compared to most large cities across the country, Palatine is less affordable for renters.

    • Rents increased slightly in other cities across the state, with Illinois as a whole logging rent growth of 1.0% over the past year. For example, rents have grown by 1.2% in Rockford and 0.6% in Springfield.
    • Palatine's median two-bedroom rent of $1,392 is above the national average of $1,193. Nationwide, rents have grown by 1.6% over the past year compared to the 1.8% rise in Palatine.
    • While Palatine's rents rose slightly over the past year, many cities nationwide also saw increases, including DC (+1.8%), Columbus (+1.7%), and New York (+1.7%).
    • Renters will generally find more expensive prices in Palatine than most large cities. For example, Springfield has a median 2BR rent of $725, where Palatine is nearly twice that price.

    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 Rent
    Median 2BR Rent
    M/M Rent Growth
    Y/Y Rent Growth
    Chicago
    $1,090
    $1,290
    0
    1.6%
    Aurora
    $1,140
    $1,340
    0.3%
    1.2%
    Joliet
    $950
    $1,120
    0.1%
    0.4%
    Naperville
    $1,500
    $1,760
    0.3%
    0.3%
    Elgin
    $1,000
    $1,180
    0.1%
    1.4%
    Waukegan
    $860
    $1,010
    0
    2.7%
    Hammond
    $850
    $990
    0.1%
    0.9%
    Gary
    $780
    $920
    -0.3%
    0.1%
    Arlington Heights
    $1,250
    $1,470
    -0.1%
    0.5%
    Evanston
    $1,320
    $1,560
    0.2%
    2%
    Schaumburg
    $1,440
    $1,690
    0.3%
    2.2%
    Bolingbrook
    $1,300
    $1,530
    -0.5%
    -0.1%
    Palatine
    $1,180
    $1,390
    0.2%
    1.8%
    Des Plaines
    $980
    $1,150
    -0.1%
    0.1%
    Wheaton
    $1,270
    $1,500
    0.8%
    4.6%
    Hoffman Estates
    $1,100
    $1,290
    0
    -1%
    Oak Park
    $850
    $1,000
    -0.1%
    1.7%
    Lombard
    $1,340
    $1,580
    0.4%
    -1.9%
    Buffalo Grove
    $1,340
    $1,580
    0.4%
    -1.5%
    Carol Stream
    $1,160
    $1,370
    -0.2%
    2%
    Romeoville
    $1,590
    $1,870
    -0.3%
    0
    Wheeling
    $1,140
    $1,340
    0
    -0.2%
    Calumet City
    $870
    $1,030
    -0.1%
    1%
    Merrillville
    $970
    $1,140
    0
    1.6%
    Glendale Heights
    $1,120
    $1,320
    0
    -0.4%
    St. Charles
    $1,260
    $1,480
    0.7%
    0.8%
    Woodridge
    $1,180
    $1,390
    0.1%
    -1.5%
    Gurnee
    $1,210
    $1,430
    0.7%
    -0.3%
    Oswego
    $1,680
    $1,980
    0.1%
    -0.4%
    Chicago Heights
    $920
    $1,080
    0
    0.4%
    Lansing
    $830
    $980
    0
    -2.8%
    Vernon Hills
    $1,340
    $1,570
    0.6%
    0.4%
    Woodstock
    $980
    $1,150
    0.2%
    1.3%
    Westmont
    $1,300
    $1,530
    -0.4%
    4%
    Zion
    $900
    $1,060
    0
    1.2%
    Rolling Meadows
    $1,260
    $1,480
    -0.7%
    2.7%
    Lisle
    $1,240
    $1,460
    -0.5%
    3.1%
    Bloomingdale
    $1,490
    $1,750
    -0.4%
    -2.3%
    Park Forest
    $990
    $1,170
    0.1%
    1.5%
    Richton Park
    $1,060
    $1,250
    -0.1%
    2%
    See More

    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.

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