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Cheap Apartments for Rent in the Downtown Palatine Neighborhood of Palatine, IL from $1,100 (36 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Palatine area of Palatine.
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116 W Wood St, Unit 3 - Penthouse
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205 - 209 E Palatine Rd, Palatine, IL 60067
Downtown Palatine, Palatine, IL Local Guide
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How much does it cost to rent an apartment in Downtown Palatine?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Palatine 1 Bedroom Apartments | $1,498 | $1,300 | $1,650 |
Downtown Palatine 2 Bedroom Apartments | $1,800 | $1,750 | $1,850 |
Browse Apartments in this Neighborhood
There are currently 36 rentals with your search options within a 1 mile radius of the Downtown Palatine Neighborhood of Palatine, IL.
See all Apartments in PalatineExplore Palatine
Downtown Palatine, Palatine, IL Local Guide
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Cheapest Available Downtown Palatine Apartments for Rent
 Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Fleetwood Center | Studio | Studio,1BA | $1,100 |
Brockway Court Apartments | 1x1 | 1BR,1BA | $1,300 |
Best Value Apartments for Rent in Downtown Palatine, IL
As of February 27, 2025 the best value apartment in the Downtown Palatine area is the $1.85 price per square foot 116 W Wood St Model at 116 W Wood St, Unit 3 - Penthouse in the in the Pleasant Hill neighborhood starting from $1,850. The second greatest value Downtown Palatine apartment is the 1x1 Model at Brockway Court Apartments starting at $1,300 with a $1.86 price per square foot in the Pleasant Hill neighborhood. Here is today’s list of the best values for Downtown Palatine apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
116 W Wood St, Unit 3 - Penthouse | 116 W Wood St | 2BR,2BA | $1.85 |
Brockway Court Apartments | 1x1 | 1BR,1BA | $1.86 |
Fleetwood Center | Studio | Studio ,1BA | $2.44 |
Quick Rent Budget Calculator
How much rent can you afford?
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Pet Friendly Lifestyle
Ranked #
Pet Friendliness Lifestyle Score
Getting Around the Downtown Palatine Neighborhood in Palatine, IL
Walk Score®
73 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
63 / 100
Bikeable
Some bike infrastructure
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 Cheap Downtown Palatine Apartments
How much is rent for a Cheap One Bedroom Downtown Palatine Apartment?
The lowest price for a Cheap One Bedroom Downtown Palatine Apartment is $1,300 at Brockway Court Apartments.
What is the lowest price for a Cheap Two Bedroom Downtown Palatine Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Palatine is starting from $1,750 at .
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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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.
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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.
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What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.
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How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.