Cheap Apartments for Rent in Palatine, IL from $900 (24 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Palatine.

close
View Me
Palatine Square
1 to 2 Bedroom Apartments

Palatine Square

1517 Winslowe StPalatine, IL 60074
  • Utilities Included
close
View Me
Long Valley Apartments
1 to 2 Bedroom Apartments

Long Valley Apartments

1203-1229 E Long Valley DrPalatine, IL 60074
  • Utilities Included
close
View Me
Mission Creek
2 Bedroom Apartments

Mission Creek

224-395 Rimini CtPalatine, IL 60067
  • Utilities Included
close
View Me
Inverleith Apartments
1 to 2 Bedroom Apartments

Inverleith Apartments

525 N Quentin RdPalatine, IL 60067
  • Utilities Included

Chicago's Best Affordable Neighborhoods

Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms

close
View Me
214-222 S Pine Ave
1 to 2 Bedroom Apartments

214-222 S Pine Ave

214-222 S Pine AveArlington Heights, IL 60005
  • Utilities Included
close
View Me
315 SALEM LLC
1 to 2 Bedroom Apartments

315 SALEM LLC

315 N Salem AveArlington Heights, IL 60005
close
View Me
Country Glen
2 Bedroom Apartments

Country Glen

2264 Nichols RdArlington Heights, IL 60004
  • Utilities Included

Palatine, IL Local Guide

Photo of Justin Habersaat - Editing Staff
Written By:
Justin Habersaat
Editing Staff

Cheapest Available Palatine Apartments for Rent

 

The cheapest available apartment rental in Palatine, IL is a 1 Bed unit found at Brockway Court Apartments in the Pleasant Hill neighborhood priced from $1,300. Plum Grove in the Pleasant Hill neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,300. Here is today’s list of the most affordable Palatine apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Brockway Court Apartments1x11BR,1BA$1,300
Plum GroveTwo Room StudioStudio,1BA$1,300
The Preserve at WoodfieldElk1BR,1BA$1,425
21 Kristin1Ax1R1BR,1BA$1,438
Village in the Park ApartmentsForrester1BR,1BA$1,470

Best Value Apartments for Rent in Palatine, IL

As of March 27, 2025 the best value apartment in the Palatine area is the $1.83 price per square foot Newly Renovated (D1r) Model at Albion on Lake Cook in the in the Cherrybrook Village neighborhood starting from $2,450. The second greatest value Palatine apartment is the Iris Plus Model at Remington Place Apartments starting at $2,188 with a $2.15 price per square foot in the Far Northwest Suburban Cook neighborhood. Here is today’s list of the best values for Palatine apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Albion on Lake CookNewly Renovated (D1r)3BR,2BA$1.83
Remington Place ApartmentsIris Plus2BR,2BA$2.15
Circle Hill Apartments2 Bedroom/1.5 Baths2BR,1.5BA$1.78
Clover Ridge East ApartmentsSussex2BR,1BA$2.05
Stonebridge of Arlington Heights1x1 A Reno1BR,1BA$1.99
The Preserve at WoodfieldElk1BR,1BA$1.78
Williams ReserveMulberry1BR,1BA$2.17
The Gates of Deer Grove Apartment HomesOne Bedroom - 740 sqft1BR,1BA$2.07
Brockway Court Apartments1x11BR,1BA$1.86
Clayson1 Bedroom1BR,1BA$2.14

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Palatine Overview

Boasting the motto 'A Real Home Town', the charming Palatine delivers on the promise of an Illinois locale where everyone knows your name. Brimming with mid-western ambiance to spare, this is one hot spot that is sure to appeal to a wide array of lifestyles.

Why live in Palatine, IL?

For those desiring a laid-back way of life that still offers plenty of amenities and easy access to big city excitement, Palatine rentals are seemingly ideal in almost every regard. With plenty of well-lauded area schools and shopping options, this Illinois community is a great place to raise a family, and the nearby Chicago job market has landed Palatine on numerous 'best of' lists for the eager commuter.

Pet Friendly Lifestyle
Palatine, IL

Ranked #82

Among cities in Illinois for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

decorative image of woman handing cat to small boy

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Palatine, IL Rentals by Map

View MapPalatine, IL Apartments MapView MapPalatine, IL Rental Homes Map

Getting Around Palatine, IL

Walk Score®

58 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

56 / 100

Bikeable

Some bike infrastructure

Transit Score®

1 / 100

Minimal Transit

It may be possible to get on a bus

Frequently Asked Questions about Cheap Palatine Apartments

What is the Cheapest Studio apartment in Palatine?

Currently the most affordable Cheap Studio Apartment in Palatine is at Plum Grove listed at $1,300.

How much is rent for a Cheap One Bedroom Palatine Apartment?

The lowest price for a Cheap One Bedroom Palatine Apartment is $1,300 at Brockway Court Apartments.

What is the lowest price for a Cheap Two Bedroom Palatine Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Palatine is starting from $1,650 at The Preserve at Woodfield.

What is the most affordable Palatine Three Bedroom Apartment?

The best deal on a cheap Palatine Three Bedroom Apartment rental is at Albion on Lake Cook and starts from $2,450.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago article

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago

Written by: Nicole Harms

I’m Nicole, your ApartmentHomeLiving.com Local Expert for Chicago, IL. As a resident of the Chicago area for over 20 years, I’ve learned which neighborhoods are great and which are best avoided.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.