Palatine Rent Trends
Chicago, IL · April 2026 · median asking rents from leased listings
Data through June 2026 · Last updated July 8, 2026 · Next release: early August 2026
- Median asking rent
- $2,250
- Effective rent
- $2,250
- Vs. Chicago median
- -9%
- Avg days to lease
- 23
- Active rentals now
- 61
Median asking rent over time
Asking rentEffective rent (after concessions)Concession spread
2 bedroom
$2,088
-5.1% YoY · as of January 2026
Source: MLS (leased rental listings) + Abode managed communities (Dynamics 365). Figures suppressed below 10 listings/month. Methodology
Data through June 2026 · Last updated July 8, 2026 · Next release: early August 2026
Palatine renting, answered
- What is the average rent in Palatine?
- As of April 2026, the median asking rent in Palatine is $2,250 per month, based on 11 leased listings. By size, the median is $2,088 for a 2 bedroom.
- Are rents in Palatine going up or down?
- Median asking rent in Palatine is up 3.4% compared with a year ago.
- Is Palatine more expensive than Chicago overall?
- Palatine's median asking rent is 9% below the Chicago citywide median of $2,483.
- How quickly do rentals lease in Palatine?
- Over the last 90 days, rentals in Palatine leased in an average of 23 days, with 61 active listings on the market right now.
Beyond the numbers
Get to know Palatine
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