
Cheap Homes for Rent in Twin Lakes Neighborhood of Palatine, IL from $1,500 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Twin Lakes area of Palatine.


2406 N Kennicott Dr

900 S Plum Grove Rd

209 Johnson St

209 Johnson St, Unit 1A

338 W Miner St, Unit 2A
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
Twin Lakes, Palatine, IL Local Guide

How much does it cost to rent a home in Twin Lakes?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Twin Lakes 2 Bedroom Homes for Rent | $2,258 | $1,900 | $2,950 |
Twin Lakes 3 Bedroom Homes for Rent | $2,905 | $2,150 | $3,800 |
Twin Lakes 5 Bedroom Homes for Rent | $4,600 | $4,600 | $4,600 |
Browse Homes for Rent in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the Twin Lakes Neighborhood of Palatine, IL.
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Twin Lakes, Palatine, IL Local Guide
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Cheapest Available Twin Lakes Apartments for Rent
 The cheapest available apartment rental in the Twin Lakes area of Chicago, IL is a 1 Bed unit found at Brockway Court Apartments priced from $1,300. Plum Grove has the second lowest priced unit, which is a Studio 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 |
---|---|---|---|
Brockway Court Apartments | 1x1 | 1BR,1BA | $1,300 |
Plum Grove | Two Room Studio | Studio,1BA | $1,300 |
The Pointe Apartments | Ashton | 1BR,1BA | $1,635 |
Best Value Apartments for Rent in Twin Lakes, IL
As of March 23, 2025 the best value apartment in the Twin Lakes area is the $2.43 price per square foot 1 Bed / 2 Baths with Den Model at The Quin in the in the Pleasant Hill neighborhood starting from $2,500. The second greatest value Twin Lakes apartment is the 2 Bedrooms Model at Clayson starting at $1,670 with a $1.76 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 | 1 Bed / 2 Baths with Den | 1BR,2BA | $2.43 |
Clayson | 2 Bedrooms | 2BR,1BA | $1.76 |
Clover Ridge East Apartments | Sussex | 2BR,1BA | $2.19 |
Stonebridge of Arlington Heights | 1x1 A Reno | 1BR,1BA | $1.99 |
Dunton Tower Apartments | 1 Bedroom Floor Plan A2 | 1BR,1BA | $2.64 |
Williams Reserve | Mulberry | 1BR,1BA | $2.17 |
Albion on Northwest | Oak (Ah) | 1BR,1BA | $2.55 |
The Lakes of Schaumburg Apartment Homes | One Bedroom | 1BR,1BA | $2.45 |
The Pointe Apartments | Ashton Plus | 1BR,1BA | $2.59 |
Brockway Court Apartments | 1x1 | 1BR,1BA | $1.86 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Twin Lakes
What type of rentals are currently available in Twin Lakes?
There are currently 180 Apartments for Rent in Twin Lakes, IL with pricing that ranges from $1,300 to $8,622. There are also 18 Single Family Homes for rent, Condos, and Townhome rentals currently available in Twin Lakes ranging from $1,550 to $4,600.
What is the current price range for Rental Homes in Twin Lakes?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Twin Lakes ranges from $1,550 to $4,600 with an average monthly rent of $2,853.
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
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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
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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.