Palatine, IL rental market

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Last updated August 29, 2025

Rental market summary

The average rent for all bedrooms and all property types in Palatine, IL is $2,000.

Average rent

$2,000

Month-over-month change

-$50

Year-over-year change

+$25

Available rentals

82

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $1,130 to $4,495.

Rent frequencies
Rent priceNumber of rental properties
$1,1001
$1,3001
$1,4001
$1,5006
$1,60011
$1,70014
$1,8008
$1,90011
$2,0005
$2,1007
$2,2009
$2,3006
$2,4005
$2,5002
$2,6003
$2,7003
$2,8003
$2,9006
$3,0003
$3,1002
$3,2001
$3,3002
$3,4001
$3,5001
$3,6004
$3,7001
$4,400+1

Average rent price over time

In the last year, rent has increased by $25 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$1,800$1,670
Feb$1,751$1,866
Mar$1,750$1,820
Apr$1,800$1,830
May$1,790$1,852
Jun$1,800$1,875
Jul$1,900$1,900
Aug$1,895$2,095
Sep$1,995No data
Oct$2,000No data
Nov$1,750No data
Dec$1,650No data

Market temperature

The Palatine, IL rental market temperature is WARM. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

warm

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Palatine, IL is 5% lower than the national average.

Palatine, ILvs.

$2,000

$2,100

Rent in Palatine, IL

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Frequently asked questions

1. What is the average rent in Palatine, IL?

The average rent in Palatine, IL is $2,000.

2. How much does it cost to rent a house in Palatine, IL?

Houses in Palatine, IL rent between $1,130 - $4,495 with an average rent of $2,000.

3. How has the rent in Palatine, IL changed in the last year?

In the last year, the rent in Palatine, IL increased by $25

4. How much has the rent in Palatine, IL increased/decreased in the last month?

In the last month, the rent in Palatine, IL decreased by $50

5. How many available rentals are there in Palatine, IL?

There are currently 82 rentals available in Palatine, IL.

6. How do rent prices in Palatine, IL compare with the national average?

The average rent in Palatine, IL is $2,000 — 4.76% lower the national average of $2,100.