Palatine, IL

Key Performance Metrics

Market snapshot

Performance indicators for the Palatine short-term rental market based on reliable data.

Listings

19 / 65

Reliable / Active

Cap Rate

11%

Middle-Earners Gross Yield

Revenue

$39,368

Middle-Earners Revenue

Occupancy

62%

Middle-Earners Occupancy

Home Value

$364,894

Median Home Sale Price

Top Earners

$70,878

Top-Earners Revenue

Palatine

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Palatine.

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D

Unfriendly to Investors

Palatine Regulations

Palatine bans STRs citywide and treats violations as a public nuisance with fines, attorney-fee recovery, and injunctive relief; only a narrow sale‑leaseback carve‑out exists, making STR investment impractical.

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About Palatine

Palatine () is a village in Cook County, Illinois, United States. It is a northwestern residential suburb of Chicago. As of the 2020 census, it had a population of 67,908. As of the 2010 Census, it was the seventh-largest community in Cook County and the 18th-largest in Illinois.