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States / Illinois / Palatine

Palatine, IL Housing

ACS 2020-2024

Median Home Value
$355,600 ± $10,491
Median Gross Rent
$1,549 ± $72/mo
Homeownership Rate
67.4%
Rent as Share of Income
19.0%
Price-to-Income Ratio
3.6×
Vacancy Rate
4.1%
Median Year Built
1977

New Construction (2025)

Housing units authorized by building permit — a leading signal of new supply, from the Census Building Permits Survey.

Units Authorized
7
Buildings
5
Single-Family Units
3
Multi-Family Units
4

Nearby Cities in Illinois

Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.

Palatine, IL Housing: Rent & Home Values | HomeDataUSA