Palatine, IL Rent History

141 months of data, 2015–2026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).

Today (2026-09)
$1,895
1-year change
+2.2%
$40/mo
5-year change
+37.5%
$517/mo
10-year change
+58.4%
$699/mo

Monthly rent trend

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Year-by-year rent in Palatine

YearMedian rentYoY changevs 2015
2015$1,157/mo—0.0%
2016$1,180/mo+2.0%+2.0%
2017$1,218/mo+3.2%+5.3%
2018$1,245/mo+2.2%+7.6%
2019$1,277/mo+2.6%+10.4%
2020$1,290/mo+1.0%+11.5%
2021$1,348/mo+4.5%+16.5%
2022$1,449/mo+7.5%+25.2%
2023$1,655/mo+14.2%+43.0%
2024$1,743/mo+5.3%+50.6%
2025$1,817/mo+4.2%+57.0%
2026$1,884/mo+3.7%+62.8%

Frequently asked questions

How much has rent in Palatine changed since 2015?

Median rent in Palatine, IL was $1,146 in 2015-01 and is $1,895 as of 2026-09 — a change of $749 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 +37.5% ($517 per month). The current median is $1,895.

What has rent in Palatine done over the past decade?

Over the past 10 years, median rent in Palatine, IL has changed +58.4% ($699 per month). It is now $1,895.

Is rent in Palatine going up or down year over year?

Year over year, median rent in Palatine, IL has increased +2.2% ($40/mo). Current median: $1,895.

See full rent data for Palatine, IL →
Methodology: Rent figures use ZORI (Zillow Observed Rent Index) monthly smoothed seasonally-adjusted values for all properties (single family + condo + multifamily). Year-by-year table uses April readings (or nearest available month) for consistency across years. 1-/5-/10-year change uses the same month 2026 as the anchor.