Housing & Real Estate — Palatine, Illinois
Overview
| Total Housing Units | 28,170 |
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| Occupied | 26,819 |
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| Vacant | 1,351 |
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| Owner-Occupied | 18,011 |
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| Renter-Occupied | 8,808 |
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| Median Home Value (Census) | $355,600 |
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| Estimated 2026 | ~$374,000 |
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| Median Rent | $1,467/mo |
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| Median Property Tax | $8,025/yr |
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Affordability
| Home Price to Income Ratio | N/Ax |
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| Home Affordability | moderate |
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| Rent as % of Income | 18.0% |
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| Severely Rent-Burdened | 40.1% |
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Housing Age
| Built 2010 or later | 510 |
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| Built 2000-2009 | 2,417 |
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| Built 1990-1999 | 3,677 |
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| Built before 1960 | 4,412 |
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| Median Year Built | 1977 |
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Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
