What is the median rent in Palatine Township, IL?

Name: Median rent in Palatine Township, IL, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

The median gross rent in Palatine Township, IL is $1,618 (±$46) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.

That is across 13,791 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.

In Palatine Township, the median gross rent went from $1,232 in 2015–2019 to $1,618 in 2020–2024 (+31.3%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Figures last updated on November 12, 2026.

Median gross rent: $1,618 (±$46)
Rented homes: 13,791 (±758)
$2,000 or more: 24.8%
Since 2015–2019: +31.3%

How much rent costs in Palatine Township

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rent	Palatine Township	Cook County	Illinois	United States
Less than $500	2.2% (±1.1 points)	6.0%	7.0%	6.3%
$500 to $999	3.9% (±1.4 points)	14.5%	23.5%	20.2%
$1,000 to $1,499	36.2% (±3.5 points)	33.7%	32.6%	28.1%
$1,500 to $1,999	32.9% (±3.6 points)	22.0%	18.7%	21.1%
$2,000 to $2,499	13.0% (±2.4 points)	12.1%	9.6%	12.0%
$2,500 to $2,999	5.9% (±1.8 points)	5.6%	4.1%	5.5%
$3,000 or more	5.9% (±2.6 points)	6.1%	4.4%	6.8%

The most common range is $1,000 to $1,499, paid by 36.2% of renting households.

24.8% of rented homes in Palatine Township cost $2,000 or more a month.

Palatine Township against Cook County, its state and the nation

Estimate (90% margin of error)
	Palatine Township	Cook County	Illinois	United States
Median gross rent	$1,618 (±$46)	$1,435 (±$7)	$1,274 (±$5)	$1,413
Rented homes paying rent	13,791 (±758)	859,046 (±6,982)	1,587,238 (±10,609)	42,849,984

In Palatine Township, median gross rent is higher than in Cook County ($1,435).

It is also higher than in Illinois ($1,274).

It is higher than the national figure ($1,413).

In Cook County, Palatine Township ranks 35 of 143 places with a published estimate, from highest to lowest median gross rent.

Statewide, it ranks 172 of 2,063.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How rent in Palatine Township has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Median gross rent	$1,232 (±$26)	$1,618 (±$46)	+31.3%	Up after inflation
Households that rent	29.8% (±1.2 points)	31.5% (±1.6 points)	+1.7 percentage points	Not a measurable change
Rental vacancy rate	5.7% (±1.9 points)	3.2% (±1.3 points)	−2.5 percentage points	Measurable decrease

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median gross rent in places near Palatine Township

Nearest places with a published estimate, compared with Palatine Township
Place	Distance	Median gross rent	Compared with this place
Palatine Township	—	$1,618 (±$46)	—
Palatine	1.1 mi	$1,549 (±$72)	Not measurably different
Rolling Meadows	3.2 mi	$1,607 (±$127)	Not measurably different
Deer Park	4.0 mi	$2,754 (±$508)	Higher
Barrington	4.3 mi	$1,500 (±$545)	Not measurably different
Arlington Heights	4.3 mi	$1,760 (±$44)	Higher
South Barrington	5.0 mi	$2,200 (±$909)	Not measurably different
Hoffman Estates	5.2 mi	$1,734 (±$96)	Higher
Schaumburg	5.7 mi	$1,812 (±$42)	Higher

Nearby places with a measurably higher figure: Deer Park, IL ($2,754), Arlington Heights, IL ($1,760), Hoffman Estates, IL ($1,734).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median gross rent across Cook County, place by place

Rank	Place	Median gross rent
29	Country Club Hills	$1,709 (±$272)
30	Niles Township	$1,685 (±$87)
31	Wheeling Township	$1,670 (±$47)
32	Wheeling	$1,663 (±$86)
33	Markham	$1,621 (±$176)
34 (tie)	Elk Grove Village	$1,618 (±$85)
34 (tie)	Palatine Township	$1,618 (±$46)
36	Rolling Meadows	$1,607 (±$127)
37	Des Plaines	$1,606 (±$71)
38	Hanover Township (Cook County)	$1,598 (±$73)
39 (tie)	Oak Park	$1,593 (±$81)
39 (tie)	Oak Park Township	$1,593 (±$81)
41	Matteson	$1,580 (±$462)

Showing 13 of 143 places in Cook County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Palatine Township

What is the average rent in Palatine Township, IL?

The Census Bureau publishes the median rather than the average: the median gross rent in Palatine Township is $1,618 (±$46) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.

How much has rent gone up in Palatine Township?

In Palatine Township, the median gross rent went from $1,232 in 2015–2019 to $1,618 in 2020–2024 (+31.3%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

How many rentals in Palatine Township cost more than $2,000 a month?

24.8% of rented homes in Palatine Township have a gross rent of $2,000 or more a month, and 2.2% cost less than $500.

Is rent in Palatine Township higher than in Cook County?

In Palatine Township, median gross rent is higher than in Cook County ($1,435).

It is also higher than in Illinois ($1,274).

It is higher than the national figure ($1,413).

Is this the rent for an apartment listed today?

No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Palatine township, Cook County, Illinois (county subdivision:57238, in state:17 county:031).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.