
Cheap Homes for Rent in Baldwin Neighborhood of Palatine, IL from $1,400 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Baldwin area of Palatine.


525 N Quentin Rd
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

514 E Spruce Dr, Unit 3A

2030 N Rand Rd
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
Baldwin, Palatine, IL Local Guide

How much does it cost to rent a home in Baldwin?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Baldwin 2 Bedroom Homes for Rent | $2,570 | $1,750 | $4,800 |
Baldwin 4 Bedroom Homes for Rent | $3,300 | $3,150 | $3,450 |
Browse Homes for Rent in this Neighborhood
There are currently 4 rentals with your search options within a 2 mile radius of the Baldwin Neighborhood of Palatine, IL.
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Baldwin, Palatine, IL Local Guide
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Best Value Apartments for Rent in Baldwin, IL
As of April 17, 2025 the best value apartment in the Baldwin area is the $1.72 price per square foot Newly Renovated (C2r) Model at Albion on Lake Cook in the in the Cherrybrook Village neighborhood starting from $2,300. The second greatest value Baldwin apartment is the 116 W Wood St Model at 116 W Wood St, Unit 3 - Penthouse starting at $1,850 with a $1.85 price per square foot in the Pleasant Hill neighborhood. Here is today’s list of the best values for Baldwin apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Albion on Lake Cook | Newly Renovated (C2r) | 2BR,2BA | $1.72 |
116 W Wood St, Unit 3 - Penthouse | 116 W Wood St | 2BR,2BA | $1.85 |
The Clayson | 2 Bedrooms | 2BR,1BA | $1.76 |
158 N Brockway St, Unit 1B | 158 N Brockway St | 1BR,1BA | $1.55 |
Clover Ridge East Apartments | Ashbury | 1BR,1BA | $2.20 |
Williams Reserve | Mulberry | 1BR,1BA | $2.17 |
Arbor Lakes | 1 Bedroom Floor Plan A1 | 1BR,1BA | $2.26 |
The Gates of Deer Grove Apartment Homes | One Bedroom - 740 sqft | 1BR,1BA | $2.15 |
Albion on Northwest | Oak (Ap) | 1BR,1BA | $2.35 |
Brockway Court Apartments | 1x1 | 1BR,1BA | $1.86 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Baldwin
What type of rentals are currently available in Baldwin?
There are currently 86 Apartments for Rent in Baldwin, IL with pricing that ranges from $1,300 to $8,301. There are also 10 Single Family Homes for rent, Condos, and Townhome rentals currently available in Baldwin ranging from $1,400 to $4,800.
What is the current price range for Rental Homes in Baldwin?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Baldwin ranges from $1,400 to $4,800 with an average monthly rent of $2,613.
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.

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.

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.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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.