Market Summary

Palatine, Cook County, IL

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Median Home Price Price

$354,293 $354.3K

Median Monthly Rent Rent

$2,042 $2K

GRM

14.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Cook County

Region Price Rent GRM Display
$291,046 $2,172 11.0x
$305,122 $2,049 12.0x
$359,753 $2,055 15.0x
$317,137 $1,555 17.0x
$371,010 $3,867 8.0x
$329,786 $2,288 12.0x

Home prices

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Monthly rent

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GRM

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Similar markets within IL outside of Cook County

Region Price Rent GRM Display
$384,993 $2,097 15.0x
$398,181 $2,073 16.0x
$300,166 $2,029 12.0x
$302,955 $2,495 10.0x
$406,412 $2,038 17.0x
$308,879 $2,025 13.0x
$427,077 $1,695 21.0x
$355,363 $2,075 14.0x
$315,099 $2,104 12.0x
$359,907 $1,923 16.0x
$413,419 $2,566 13.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of IL

Region Price Rent GRM Display
$306,640 $1,995 13.0x
$225,576 $1,281 15.0x
$307,304 $2,024 13.0x
$339,855 $1,975 14.0x
$450,498 $1,643 23.0x
$321,728 $1,883 14.0x
$409,183 $1,863 18.0x
$363,149 $1,984 15.0x
$379,680 $1,725 18.0x
$427,885 $2,016 18.0x
$283,741 $1,583 15.0x
$249,076 $1,309 16.0x
$313,175 $1,210 22.0x
$231,535 $1,193 16.0x
$215,306 $1,291 14.0x
$474,738 $2,076 19.0x
$306,660 $1,780 14.0x
$426,201 $2,360 15.0x
$402,667 $1,353 25.0x
$300,718 $1,691 15.0x
$403,330 $2,038 16.0x

Home prices

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Monthly rent

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GRM

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Palatine

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Trend Insights

Median Rent in Palatine, IL is $2,042, with MoM change +$22 and YoY change +$179 pointing to positive momentum while volatility is low (std $46).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Palatine, IL.

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Metric
Base market Palatine, IL
Compare market Select a market
Delta vs base
Median rent
$2,042
N/A
Median price
$354,293
N/A
YoY change
+$179
N/A
Price-to-rent
14.5x
Data unavailable
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