Palatine, IL Housing Statistics

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62%

Med. Home Val. NAT. AVG.

27%

Rent NAT. AVG.

6%

Owner Occ. NAT. AVG.

Palatine Housing Information

Index	Palatine	Illinois	National
Median home price	$528,109	$308,565	$326,622
Median rent asked	$1,836	$1,374	$1,444
Avg. people per household	2.5	2.6	2.6
Owner occupied households	67.7%	66.0%	63.6%
Renter occupied households	32.3%	34.0%	36.4%

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Homes For Sale In Palatine, IL

537 W Parkside Dr

Palatine, IL

26 S Rohlwing Rd

Palatine, IL

48 W Brentwood Dr

Palatine, IL

405 S Creekside Dr #605

Palatine, IL

Housing Quick Facts

The median home price in Palatine is 62% higher than the national average.
The median rent asked in Palatine is 27% higher than the national average.
The average number of people per household in Palatine is 3% lower than the national average.
The number of owner occupied households in Palatine is 6% higher than the national average.
The number of renter occupied households in Palatine is 11% lower than the national average.

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Nearby cities with low home prices

	Population	Home Price	National Avg.
North Chicago, IL	30,865	$190,433	42%
Holiday Hills, IL	678	$279,023	15%
Stone Park, IL	4,997	$316,049	3%
Carpentersville, IL	38,383	$318,737	2%
Island Lake, IL	8,403	$328,567	1%
Palatine, IL	70,310	$528,109	62%

Cities with similar population

	Population	Home Price	National Avg.
Yorba Linda, CA	70,241	$1,580,084	384%
Camarillo, CA	70,382	$1,127,790	245%
Palo Alto, CA	70,212	$3,541,485	984%
Bossier City, LA	70,171	$303,370	7%
Homestead, FL	70,473	$422,771	29%
Palatine, IL	70,310	$528,109	62%

Source: The Palatine, IL housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.