Palatine, IL Rent History
138 months of data, 2015–2026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).
Today (2026-06)
$1,990
1-year change
+4.1%
$79/mo
5-year change
+38.9%
$557/mo
10-year change
+56.7%
$720/mo
Monthly rent trend
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Year-by-year rent in Palatine
| Year | Median rent | YoY change | vs 2015 |
|---|---|---|---|
| 2015 | $1,242/mo | — | 0.0% |
| 2016 | $1,260/mo | +1.4% | +1.4% |
| 2017 | $1,309/mo | +3.9% | +5.4% |
| 2018 | $1,331/mo | +1.7% | +7.2% |
| 2019 | $1,364/mo | +2.5% | +9.8% |
| 2020 | $1,373/mo | +0.7% | +10.5% |
| 2021 | $1,435/mo | +4.5% | +15.5% |
| 2022 | $1,552/mo | +8.2% | +25.0% |
| 2023 | $1,762/mo | +13.5% | +41.9% |
| 2024 | $1,859/mo | +5.5% | +49.7% |
| 2025 | $1,894/mo | +1.9% | +52.5% |
| 2026 | $2,007/mo | +6.0% | +61.6% |
Frequently asked questions
How much has rent in Palatine changed since 2015?
Median rent in Palatine, IL was $1,226 in 2015-01 and is $1,990 as of 2026-06 — a change of $764 per month over 11 years.
How much has Palatine rent increased in the last 5 years?
Over the past 5 years, median rent in Palatine, IL has changed +38.9% ($557 per month). The current median is $1,990.
What has rent in Palatine done over the past decade?
Over the past 10 years, median rent in Palatine, IL has changed +56.7% ($720 per month). It is now $1,990.
Is rent in Palatine going up or down year over year?
Year over year, median rent in Palatine, IL has increased +4.1% ($79/mo). Current median: $1,990.