Housing mix
Palatine, IL housing supply, ownership, and rent
What the latest ACS housing mix can and cannot tell buyers and renters comparing options in Palatine, IL.
Source: U.S. Census Bureau
Last updated . Article facts reviewed through this date. Time-sensitive figures show their own as-of dates.
The published evidence provides the starting point: Palatine, IL's current ACS housing baseline includes 28,469 total housing units, 27,303 occupied units, and 1,166 vacant units. Those counts may help a borrower establish the scale of the measured housing base before comparing tenure, rent, current listings, property condition, and financing. The figures describe stock across the survey period; they do not say that 1,166 homes were listed for sale or available to rent at one moment. For borrower planning, reading 28,469 total units with 27,303 occupied and 1,166 vacant units keeps the release internally grounded while leaving live availability to current listing and property evidence.
Palatine, IL's ACS median gross rent is $1,549, while renter-occupied units account for 32.6% of occupied housing and owner-occupied units account for 67.4%. In practical terms, the $1,549 median includes rent and certain utilities for the measured rental stock; it does not reveal a lease offer comparable to a home under consideration.