Palatine Rent Trends
Chicago, IL · October 2026 · median asking rents from leased listings
Data through October 2026 · Last updated November 7, 2026 · Next release: early December 2026
- Median asking rent
- $2,184
- Effective rent
- $2,184
- Vs. Chicago median
- -11%
- Avg days to lease
- 24
- Active rentals now
- 57
Median asking rent over time
Asking rentEffective rent (after concessions)Concession spread
1 bedroom
$2,068
— YoY · as of October 2026
2 bedroom
$2,188
— YoY · as of October 2026
3+ bedroom
$2,468
— YoY · as of October 2026
Source: MLS (leased rental listings) + Abode managed communities (Dynamics 365). Figures suppressed below 10 listings/month. Methodology
Data through October 2026 · Last updated November 7, 2026 · Next release: early December 2026
Palatine renting, answered
- What is the average rent in Palatine?
- As of October 2026, the median asking rent in Palatine is $2,184 per month, based on 53 leased listings. By size, the median is $2,068 for a 1 bedroom and $2,188 for a 2 bedroom.
- Is Palatine more expensive than Chicago overall?
- Palatine's median asking rent is 11% below the Chicago citywide median of $2,450.
- How quickly do rentals lease in Palatine?
- Over the last 90 days, rentals in Palatine leased in an average of 24 days, with 57 active listings on the market right now.
Beyond the numbers
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