
Cheap Apartments for Rent in the Twin Lakes Neighborhood of Palatine, IL from $900 (11 Rentals)
Search the lowest-cost Apartments available for rent right now in the Twin Lakes area of Palatine.


Albion on Northwest

Williams Reserve

Plum Grove
Twin Lakes, Palatine, IL Local Guide

How much does it cost to rent an apartment in Twin Lakes?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Twin Lakes Studio Apartments | $2,221 | $1,300 | $4,076 |
Twin Lakes 1 Bedroom Apartments | $2,189 | $1,300 | $4,142 |
Twin Lakes 2 Bedroom Apartments | $2,552 | $1,600 | $4,113 |
Twin Lakes 3 Bedroom Apartments | $4,890 | $1,899 | $8,787 |
Browse Apartments in this Neighborhood
There are currently 11 rentals with your search options within a 2 mile radius of the Twin Lakes Neighborhood of Palatine, IL.
See all Apartments in PalatineExplore Palatine
Twin Lakes, Palatine, IL Local Guide
- Nearby Palatine neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Twin Lakes Apartments for Rent
 The cheapest available apartment rental in the Twin Lakes area of Chicago, IL is a Studio unit found at Fleetwood Center priced from $1,100. Brockway Court Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,300. Here are the most affordable Twin Lakes apartments for rent in Chicago, IL:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Fleetwood Center | Studio | Studio,1BA | $1,100 |
Brockway Court Apartments | 1x1 | 1BR,1BA | $1,300 |
Plum Grove | Two Room Studio | Studio,1BA | $1,300 |
Clayson | 1 Bedroom | 1BR,1BA | $1,475 |
Albion on Northwest | Oak (A) | 1BR,1BA | $1,500 |
Best Value Apartments for Rent in Twin Lakes, IL
As of February 28, 2025 the best value apartment in the Twin Lakes area is the $2.55 price per square foot 2 Beds / 3 Baths with Den Model at The Quin in the in the Pleasant Hill neighborhood starting from $3,550. The second greatest value Twin Lakes 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 Twin Lakes apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Quin | 2 Beds / 3 Baths with Den | 2BR,3BA | $2.55 |
116 W Wood St, Unit 3 - Penthouse | 116 W Wood St | 2BR,2BA | $1.85 |
The Lakes of Schaumburg Apartment Homes | Two Bedroom | 2BR,2BA | $2.56 |
Clover Ridge East Apartments | Sussex | 2BR,1BA | $2.22 |
Stonebridge of Arlington Heights | 1x1 A Reno | 1BR,1BA | $1.93 |
Williams Reserve | Mulberry | 1BR,1BA | $2.12 |
Albion on Northwest | Oak (Ap) | 1BR,1BA | $2.24 |
Clayson | 1 Bedroom | 1BR,1BA | $2.11 |
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?
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.
Pet Friendly LifestyleTwin Lakes, Palatine, IL
Ranked #3
Among neighborhoods in Palatine, IL for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Cheap Twin Lakes Apartments
What is the Cheapest Studio apartment in Twin Lakes?
Currently the most affordable Cheap Studio Apartment in Twin Lakes is at Fleetwood Center listed at $1,100.
How much is rent for a Cheap One Bedroom Twin Lakes Apartment?
The lowest price for a Cheap One Bedroom Twin Lakes Apartment is $1,300 at Brockway Court Apartments.
What is the lowest price for a Cheap Two Bedroom Twin Lakes Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Twin Lakes is starting from $1,670 at Clayson.
What is the most affordable Twin Lakes Three Bedroom Apartment?
The best deal on a cheap Twin Lakes Three Bedroom Apartment rental is at The Residences at Payton Place and starts from $3,641.
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.

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.

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.