Rolling Meadows, IL Rental Market Trends
Highlights
The average rent for an apartment in Rolling Meadows is $1,303, a 9% increase compared to the previous year, when the average rent was $1,196.
Average Rent in Rolling Meadows, IL
Last updated October 2019
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,303 | 9% | 901 sq. ft. |
The average size for a Rolling Meadows, IL apartment is 901 square feet, but this number varies greatly depending on apartment type. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Rolling Meadows, IL Apartment Rent Ranges
- $701-$1,00019%
- $1,001-$1,50056%
- $1,501-$2,00025%
Rolling Meadows, IL Occupied Housing Units
- Renter-occupied Households34%
- Owner-occupied Households65%
3,104 or 34% of the households in Rolling Meadows, IL are renter-occupied while 5,821 or 65% are owner-occupied.
Rolling Meadows, IL Rent Trends
| Average Rent | Jul / 2016 | Nov / 2016 | Mar / 2017 | Jul / 2017 | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Oct / 2019 |
|---|---|---|---|---|---|---|---|---|---|---|
| Rolling Meadows, IL | $1,152 | $1,193 | $1,165 | $1,203 | $1,222 | $1,196 | $1,196 | $1,258 | $1,197 | $1,303 |
| National | $1,342 | $1,350 | $1,346 | $1,378 | $1,380 | $1,383 | $1,418 | $1,427 | $1,431 | $1,466 |
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How Does Rolling Meadows Compare to Nearby Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Chicago | $1,998 | 5% |
| Oak Park | $1,874 | n/a |
| Evanston | $2,034 | 8% |
| Skokie | $1,620 | 7% |
| Arlington Heights | $1,505 | 5% |
| Calumet City | $919 | 5% |
| Riverdale | $784 | 1% |
| Riverdale Town | $784 | 1% |
| Rolling Meadows | $1,303 | 9% |
For more information about the Rolling Meadows rental trends, check out our monthly rent report
Cheapest Listings on RENTCafé
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Rolling Meadows apartment buildings 50 units or larger. Yardi Matrix covers ~90% of the U.S. metro area population, including ~17 million apartments across more than 130 U.S. markets.