2-Bedroom Apartment Rent in Palatine, IL
Median asking rent for a 2-bedroom apartment in Palatine, Illinois as of July 2026. That's +6% lower than the citywide median of $1,990 and +13% above the national 2-bedroom median of $1,655.
Income needed for a 2-bedroom in Palatine
Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a 2-bedroom at the current median rent.
Rent by apartment size in Palatine
Compare Palatine's median rent across every apartment size.
Cheapest cities for a 2-bedroom in Illinois
| # | City | 2-Bedroom rent |
|---|---|---|
| 1 | Rantoul | $762 |
| 2 | Dixon | $870 |
| 3 | Pekin | $920 |
| 4 | Charleston | $930 |
| 5 | Quincy | $950 |
| 6 | Macomb | $960 |
| 7 | Rock Island | $990 |
| 8 | Decatur | $995 |
| 9 | Carbondale | $1,010 |
| 10 | Danville | $1,010 |
| 11 | Moline | $1,010 |
| 12 | Normal | $1,010 |
| 13 | Savoy | $1,010 |
| 14 | Pontoon Beach | $1,014 |
| 15 | Marion | $1,020 |
Most expensive cities for a 2-bedroom in Illinois
| # | City | 2-Bedroom rent |
|---|---|---|
| 1 | Morton Grove | $2,640 |
| 2 | Lake Forest | $2,640 |
| 3 | Deerfield | $2,640 |
| 4 | Barrington | $2,640 |
| 5 | Wilmette | $2,530 |
| 6 | Buffalo Grove | $2,530 |
| 7 | Highland Park | $2,490 |
| 8 | Plainfield | $2,455 |
| 9 | Naperville | $2,388 |
| 10 | Vernon Hills | $2,380 |
| 11 | Streamwood | $2,380 |
| 12 | Northbrook | $2,370 |
| 13 | Bartlett | $2,340 |
| 14 | Bolingbrook | $2,325 |
| 15 | Romeoville | $2,310 |
Nearby cities — 2-bedroom rent
Most nearby cities have similar or higher 2-bedroom rents than Palatine.
| City | Distance | 2-Bedroom rent | vs Palatine |
|---|---|---|---|
| Rolling Meadows, IL | 3.9 mi | $1,950 | +$75 (+4%) |
| Arlington Heights, IL | 4.8 mi | $2,035 | +$160 (+9%) |
| Schaumburg, IL | 5.6 mi | $2,197 | +$322 (+17%) |
| Buffalo Grove, IL | 6.5 mi | $2,530 | +$655 (+35%) |
| Elk Grove Village, IL | 8.3 mi | $1,960 | +$85 (+5%) |
| Barrington, IL | 8.5 mi | $2,640 | +$765 (+41%) |
| Wheeling, IL | 8.6 mi | $1,900 | +$25 (+1%) |
| Vernon Hills, IL | 10 mi | $2,380 | +$505 (+27%) |
| Roselle, IL | 10.1 mi | $2,050 | +$175 (+9%) |
| Mundelein, IL | 10.4 mi | $2,000 | +$125 (+7%) |
| Streamwood, IL | 11.4 mi | $2,380 | +$505 (+27%) |
| Deerfield, IL | 12.1 mi | $2,640 | +$765 (+41%) |
2-Bedroom rent in Palatine — common questions
How much is a 2-bedroom apartment in Palatine?
As of July 2026, the median 2-bedroom apartment rent in Palatine, Illinois is $1,875 per month. This is +6% below the citywide median of $1,990.
What income do you need to afford a 2-bedroom in Palatine?
Using the standard 30% rent-to-income rule, you would need an annual income of about $75,000 ($6,250/month gross), which works out to roughly $36.06/hour at a full-time job.
Is Palatine expensive for a 2-bedroom compared to the rest of the US?
Palatine's 2-bedroom median of $1,875 is +13% above the national 2-bedroom median of $1,655. It ranks in the 62th percentile of US cities tracked.
How does Palatine rank for 2-bedroom rent in Illinois?
Among the 142 cities in Illinois with 2-bedroom data, Palatine ranks #84 from cheapest to most expensive.
Are there cheaper 2-bedroom options near Palatine?
Most nearby cities have similar or higher 2-bedroom rents than Palatine.