What percentage of people rent in Palatine, IL?

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

32.6% (±2.2 points) of the occupied homes in Palatine, IL are rented (2020–2024 American Community Survey).

That is 8,905 renting households against 18,398 that own their home.

In Palatine, the share of households that rent went from 31.0% in 2015–2019 to 32.6% in 2020–2024 (+1.6 percentage points), not a measurable change.

Figures last updated on November 12, 2026.

Households that rent: 32.6% (±2.2 points)
Renting households: 8,905 (±604)
Median renter income: $59,806 (±$6,520)

Who rents and who owns in Palatine

Tenure, estimate (90% margin of error)
	Palatine	Cook County	Illinois	United States
Renter-occupied share	32.6% (±2.2 points)	42.3% (±0.3 points)	32.9% (±0.2 points)	34.8%
Renting households	8,905 (±604)	887,660 (±6,720)	1,657,539 (±10,322)	45,017,354
Owning households	18,398 (±815)	1,212,570 (±7,287)	3,378,910 (±14,728)	84,210,142
Average renter household size	2.3 (±0.1)	2.1 (±0.0)	2.2 (±0.0)	2.3
Average owner household size	2.5 (±0.1)	2.6 (±0.0)	2.6 (±0.0)	2.6
Median renter household income	$59,806 (±$6,520)	$55,388 (±$886)	$50,420 (±$471)	$52,966
Median owner household income	$123,764 (±$10,910)	$108,804 (±$833)	$103,505 (±$377)	$100,009

In Palatine, the renter share is lower than in Cook County (42.3%).

It is not measurably different from Illinois (32.9%).

It is not measurably different from the national figure (34.8%).

In Cook County, Palatine ranks 54 of 148 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 389 of 2,751.

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

How renting in Palatine has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Households that rent	31.0% (±1.8 points)	32.6% (±2.2 points)	+1.6 percentage points	Not a measurable change
Median gross rent	$1,200 (±$27)	$1,549 (±$72)	+29.1%	No measurable change after inflation
Median household income	$80,526 (±$4,777)	$97,819 (±$4,650)	+21.5%	No measurable change after inflation

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.

Households that rent in places near Palatine

Nearest places with a published estimate, compared with Palatine
Place	Distance	Households that rent	Compared with this place
Palatine	—	32.6% (±2.2 points)	—
Palatine Township	1.1 mi	31.5% (±1.6 points)	Not measurably different
Inverness	2.9 mi	1.8% (±1.9 points)	Lower
Rolling Meadows	3.0 mi	28.2% (±4.1 points)	Not measurably different
Arlington Heights	3.5 mi	26.0% (±2.0 points)	Lower
Deer Park	4.1 mi	26.5% (±6.6 points)	Not measurably different
Kildeer	4.5 mi	1.3% (±1.5 points)	Lower
Barrington	4.9 mi	21.6% (±4.4 points)	Lower
Wheeling Township	5.1 mi	23.8% (±1.5 points)	Lower

Nearby places with a measurably lower figure: Inverness, IL (1.8%), Arlington Heights, IL (26.0%), Kildeer, IL (1.3%).

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

Households that rent across Cook County, place by place

Rank	Place	Households that rent
48	Dixmoor	33.9% (±14.6 points)
49	Phoenix	33.6% (±10.7 points)
50	McCook	33.3% (±19.5 points)
51	Prospect Heights	33.2% (±5.8 points)
52	Posen	32.9% (±9.8 points)
53	North Riverside	32.7% (±7.9 points)
54	Palatine	32.6% (±2.2 points)
55	Palatine Township	31.5% (±1.6 points)
56	Mount Prospect	31.3% (±2.3 points)
57 (tie)	Proviso Township	30.7% (±1.5 points)
57 (tie)	Schaumburg Township	30.7% (±1.8 points)
59	Northlake	29.4% (±5.1 points)
60	Hickory Hills	28.9% (±4.3 points)

Showing 13 of 148 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

How many renters are there in Palatine?

Palatine has an estimated 8,905 (±604) renting households, 32.6% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Palatine?

In Palatine, the share of households that rent went from 31.0% in 2015–2019 to 32.6% in 2020–2024 (+1.6 percentage points), not a measurable change.

How big are renting households in Palatine?

A renting household in Palatine has 2.3 people on average, against 2.5 in an owned home.

How much do renters earn in Palatine?

The median renting household in Palatine, IL has an income of $59,806 (±$6,520) a year, against $123,764 for households that own their home.

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) and detailed tables (acs/acs5) for Palatine village, Illinois (place:57225, in state:17).

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

The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

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.