Cheap Homes for Rent in Twin Lakes Neighborhood of Palatine, IL from $1,400 (8 Rentals)

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Search the lowest-cost Homes available for rent right now in the Twin Lakes area of Palatine.

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Twin Lakes, Palatine, IL Local Guide

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 ListingModel NameBed/BathPriced From
Brockway Court Apartments1x11BR,1BA$1,300
Plum GroveTwo Room StudioStudio,1BA$1,300
Stonebridge of Arlington Heights1x1 A1BR,1BA$1,599

Best Value Apartments for Rent in Twin Lakes, IL

As of May 13, 2025 the best value apartment in the Twin Lakes area is the $2.61 price per square foot 1 Bed / 2 Baths with Den Model at The Quin in the in the Pleasant Hill neighborhood starting from $2,685. The second greatest value Twin Lakes apartment is the 1x1 A Reno Model at Stonebridge of Arlington Heights starting at $1,699 with a $2.00 price per square foot in the Rand and Dundee neighborhood. Here is today’s list of the best values for Twin Lakes apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Quin1 Bed / 2 Baths with Den1BR,2BA$2.61
Stonebridge of Arlington Heights1x1 A Reno1BR,1BA$2.00
Clover Ridge East ApartmentsAshbury1BR,1BA$2.30
Dunton Tower Apartments1 Bedroom Floor Plan A11BR,1BA$2.81
Williams ReserveMulberry1BR,1BA$2.17
Albion on NorthwestOak (Ap)1BR,1BA$2.35
The Lakes of Schaumburg Apartment HomesOne Bedroom1BR,1BA$2.30
The Pointe ApartmentsAshton Plus1BR,1BA$2.64
Brockway Court Apartments1x11BR,1BA$1.86
Plum GroveTwo Room StudioStudio ,1BA$2.89

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 $7,768. There are also 23 Single Family Homes for rent, Condos, and Townhome rentals currently available in Twin Lakes ranging from $1,400 to $4,500.

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 $1,400 to $4,500 with an average monthly rent of $2,824.

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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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.