Palatine Rent Trends
Chicago, IL · September 2026 · median asking rents from leased listings
Data through September 2026 · Last updated October 7, 2026 · Next release: early November 2026
- Median asking rent
- $2,297
- Effective rent
- $2,120
- Vs. Chicago median
- -8%
- Avg days to lease
- 20
- Active rentals now
- 29
Median asking rent over time
Asking rentEffective rent (after concessions)Concession spread
1 bedroom
$2,074
— YoY · as of September 2026
2 bedroom
$2,297
— YoY · as of September 2026
3+ bedroom
$2,574
— YoY · as of September 2026
Source: MLS (leased rental listings) + Abode managed communities (Dynamics 365). Figures suppressed below 10 listings/month. Methodology
Data through September 2026 · Last updated October 7, 2026 · Next release: early November 2026
Palatine renting, answered
- What is the average rent in Palatine?
- As of September 2026, the median asking rent in Palatine is $2,297 per month, based on 60 leased listings. By size, the median is $2,074 for a 1 bedroom and $2,297 for a 2 bedroom.
- Is Palatine more expensive than Chicago overall?
- Palatine's median asking rent is 8% below the Chicago citywide median of $2,505.
- How quickly do rentals lease in Palatine?
- Over the last 90 days, rentals in Palatine leased in an average of 20 days, with 29 active listings on the market right now.
Beyond the numbers
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