
Cheap Homes for Rent in Twin Lakes Neighborhood of Palatine, IL from $1,600 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Twin Lakes area of Palatine.


304 N Carter St

900 S Plum Grove Rd
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.

225 S Rohlwing Rd, Unit 612

2500 Bayside Dr, Unit 2500 Bayside

1 Renaissance Pl
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

6 Villa Verde Dr
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 | $2,478 | $1,800 | $5,500 |
Twin Lakes 3 Bedroom Homes for Rent | $3,670 | $2,300 | $6,500 |
Twin Lakes 4 Bedroom Homes for Rent | $4,500 | $4,500 | $4,500 |
Browse Homes for Rent in this Neighborhood
There are currently 7 rentals with your search options within a 2 mile radius of the Twin Lakes Neighborhood of Palatine, IL.
Explore Palatine
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 |
Albion on Northwest | Oak (As) | 1BR,1BA | $1,650 |
Best Value Apartments for Rent in Twin Lakes, IL
As of April 25, 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 116 W Wood St Model at 116 W Wood St, Unit 3 - Penthouse starting at $1,900 with a $1.90 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 | $2.61 |
116 W Wood St, Unit 3 - Penthouse | 116 W Wood St | 2BR,2BA | $1.90 |
The Clayson | 2 Bedrooms | 2BR,1BA | $1.76 |
Stonebridge of Arlington Heights | 1x1 A | 1BR,1BA | $2.03 |
Clover Ridge East Apartments | Ashbury | 1BR,1BA | $2.20 |
Williams Reserve | Mulberry | 1BR,1BA | $2.17 |
Albion on Northwest | Oak (As) | 1BR,1BA | $2.24 |
The Lakes of Schaumburg Apartment Homes | One Bedroom | 1BR,1BA | $2.45 |
The Pointe Apartments | Ashton Plus | 1BR,1BA | $2.62 |
Brockway Court Apartments | 1x1 | 1BR,1BA | $1.86 |
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Frequently Asked Questions about Twin Lakes
What type of rentals are currently available in Twin Lakes?
There are currently 183 Apartments for Rent in Twin Lakes, IL with pricing that ranges from $1,300 to $7,602. There are also 19 Single Family Homes for rent, Condos, and Townhome rentals currently available in Twin Lakes ranging from $1,800 to $6,500.
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 $1,800 to $6,500 with an average monthly rent of $3,112.
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.