Palatine, IL Rent History

138 months of data, 20152026. 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

Loading…

Year-by-year rent in Palatine

YearMedian rentYoY changevs 2015
2015$1,242/mo0.0%
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.

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.