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Palatine Rental Market Update

The rental market in Palatine is currently very strong and vacancy rates are very low. If you have a home or condo to rent in Palatine you will be looking at it renting for at least 5-10% higher then last year at this time and it will rent quickly.

Renters the home you look at today many times will be gone tomorrow. We have rented multiple homes in under 24 hours. This means if you find something you like you need to act fast and expect to pay close to full asking rent.

Residential Rentals on Market: 91

Lowest Price: $850

Highest Price: $7500 (large newer single famliy home)

Price range for 1 bedroom condos: $850 - $1,490

Price range for 2 bedroom condos: $875 - $2,100

With the increases in rental rates many renters are starting to find that purchasing a home is a less expensive option then renting. If you are interested in viewing all the homes on the market for sale or for rent use our Palatine MLS search.

Posted Tuesday Jun 03