Hoffman Estates, IL Rental Market Trends
Last updated: October 19, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Hoffman Estates is $1,774, a 4.54% increase compared to the previous year, when the average rent was $1,697.
Studio Apartments at $1,311 offer the most budget-friendly option with 453 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 766 square feet for $1,646, balancing privacy and affordability.
Two-beedroom units at $1,900 offer 980 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,360 sq ft) for $2,797, suitable for larger households.
Average rent in Hoffman Estates, IL
Last updated: October 19, 2025
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,774 | 864 sq. ft. |
| Studio | $1,311 | 453 sq. ft. |
| 1 Bed | $1,646 | 766 sq. ft. |
| 2 Beds | $1,900 | 980 sq. ft. |
| 3 Beds | $2,797 | 1,360 sq. ft. |
Hoffman Estates, IL rent trends
Rental prices in Hoffman Estates, IL have increased by 4.54% over the past year. The average rent moved from $1,697 to $1,774.
What's the typical rent budget in Hoffman Estates, IL?
The largest share of rentals in Hoffman Estates, IL (60%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Hoffman Estates, IL?
4,794 or 26% of the households in Hoffman Estates, IL are renter-occupied while 13,814 or 74% are owner-occupied.
How Hoffman Estates Compares to Other Cities
| City | Average Rent |
|---|---|
| Hoffman Estates | $1,774 |
| Chicago | $2,461 |
| Oak Park | $2,176 |
| Evanston | $2,577 |
| Rockford | $1,260 |
| Aurora | $1,856 |
| Naperville | $2,057 |
| Skokie | $2,041 |
| Dekalb | $1,082 |
| Champaign | $1,655 |
| Lombard | $1,986 |
| Schaumburg | $1,926 |
| Arlington Heights, IL | $1,968 |
| Crystal Lake, IL | $1,948 |
| Elgin, IL | $1,667 |
| Palatine, IL | $1,822 |
| Rolling Meadows, IL | $1,745 |
| Saint Charles, IL | $2,043 |
| Wheeling, IL | $2,060 |
| Carol Stream, IL | $1,638 |
| Des Plaines, IL | $1,894 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Hoffman Estates apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.