304 N Carter St
PalatineIL60067
Cheap Homes for Rent in Downtown Palatine Neighborhood of Palatine, IL from $1,600 (1 Rental)
Search the lowest-cost Homes available for rent right now in the Downtown Palatine area of Palatine.
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.
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Downtown Palatine, Palatine, IL Local Guide
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How much does it cost to rent a home in Downtown Palatine?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Palatine 2 Bedroom Homes for Rent | $2,166 | $1,950 | $2,400 |
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Downtown Palatine, Palatine, IL Local Guide
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Best Value Apartments for Rent in Downtown Palatine, IL
As of April 24, 2025 the best value apartment in the Downtown Palatine area is the $1.90 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 $1,900. 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 | $1.90 |
| Brockway Court Apartments | 1x1 | 1BR,1BA | $1.86 |
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Frequently Asked Questions about Downtown Palatine
What type of rentals are currently available in Downtown Palatine?
There are currently 67 Apartments for Rent in Downtown Palatine, IL with pricing that ranges from $1,300 to $1,900. There are also 5 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Palatine ranging from $1,800 to $2,400.
What is the current price range for Rental Homes in Downtown Palatine?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Palatine ranges from $1,800 to $2,400 with an average monthly rent of $1,983.
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.