
New Apartments for Rent in Palatine, IL Under $1,500 (1 Rental)

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Palatine, IL Local Guide

How much does it cost to rent an apartment in Palatine?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Palatine Studio Apartments | $2,111 | $1,225 | $6,000 |
Palatine 1 Bedroom Apartments | $2,136 | $1,300 | $4,219 |
Palatine 2 Bedroom Apartments | $2,524 | $1,500 | $6,419 |
Palatine 3 Bedroom Apartments | $3,311 | $1,860 | $7,687 |
Palatine 4 Bedroom Apartments | $3,635 | $3,635 | $3,635 |
Explore Palatine
Palatine, IL Local Guide
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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.
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
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about New Palatine Apartments
What is the Cheapest New apartment in Palatine?
Currently the most affordable New Apartment in Palatine is at The Residences at Payton Place listed at $1,694.
How much is the average rent for a New Palatine Apartment?
The average rent for a New Apartment in Palatine is $3,497.
What is the largest New Palatine Apartment for rent?
Today's New apartment with the most square footage in Palatine is a 1,541 square feet unit starting from $1,694 at The Residences at Payton Place.
What is the average size for Palatine New Apartments for rent?
The average size for a New rental in Palatine is currently at 587 sq ft.
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.

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