What is the median rent in Buffalo Grove, IL?

Name: Median rent in Buffalo Grove, IL, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

The median gross rent in Buffalo Grove, IL is $2,037 (±$148) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.

That is across 3,075 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.

In Buffalo Grove, the median gross rent went from $1,643 in 2015–2019 to $2,037 in 2020–2024 (+24.0%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on November 12, 2026.

Median gross rent: $2,037 (±$148)
Rented homes: 3,075 (±402)
$2,000 or more: 51.9%
Since 2015–2019: +24.0%

How much rent costs in Buffalo Grove

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rent	Buffalo Grove	Lake County	Illinois	United States
Less than $500	2.3% (±2.1 points)	5.1%	7.0%	6.3%
$500 to $999	4.9% (±2.5 points)	14.9%	23.5%	20.2%
$1,000 to $1,499	13.4% (±4.1 points)	31.3%	32.6%	28.1%
$1,500 to $1,999	27.4% (±6.6 points)	26.2%	18.7%	21.1%
$2,000 to $2,499	26.1% (±5.7 points)	12.4%	9.6%	12.0%
$2,500 to $2,999	15.7% (±8.0 points)	4.6%	4.1%	5.5%
$3,000 or more	10.1% (±3.8 points)	5.3%	4.4%	6.8%

The most common range is $1,500 to $1,999, paid by 27.4% of renting households.

51.9% of rented homes in Buffalo Grove cost $2,000 or more a month.

Buffalo Grove against Lake County, its state and the nation

Estimate (90% margin of error)
	Buffalo Grove	Lake County	Illinois	United States
Median gross rent	$2,037 (±$148)	$1,477 (±$29)	$1,274 (±$5)	$1,413
Rented homes paying rent	3,075 (±402)	62,163 (±1,559)	1,587,238 (±10,609)	42,849,984

In Buffalo Grove, median gross rent is higher than in Lake County ($1,477).

It is also higher than in Illinois ($1,274).

It is higher than the national figure ($1,413).

In Lake County, Buffalo Grove ranks 11 of 64 places with a published estimate, from highest to lowest median gross rent.

Statewide, it ranks 39 of 2,063.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How rent in Buffalo Grove has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Median gross rent	$1,643 (±$71)	$2,037 (±$148)	+24.0%	No measurable change after inflation
Households that rent	20.2% (±1.7 points)	20.2% (±2.4 points)	0.0 percentage points	Not a measurable change
Rental vacancy rate	5.4% (±4.2 points)	5.0% (±3.5 points)	−0.4 percentage points	Not a measurable change

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median gross rent in places near Buffalo Grove

Nearest places with a published estimate, compared with Buffalo Grove
Place	Distance	Median gross rent	Compared with this place
Buffalo Grove	—	$2,037 (±$148)	—
Vernon Township	2.4 mi	$1,949 (±$88)	Not measurably different
Lincolnshire	3.1 mi	$2,858 (±$463)	Higher
Long Grove	3.2 mi	$3,500 or more	—
Wheeling	3.3 mi	$1,663 (±$86)	Lower
Riverwoods	3.5 mi	$1,842 (±$329)	Not measurably different
Wheeling Township	4.0 mi	$1,670 (±$47)	Lower
Indian Creek	4.3 mi	$3,500 or more	—
Prospect Heights	4.6 mi	$1,475 (±$161)	Lower

Nearby places with a measurably lower figure: Wheeling, IL ($1,663), Wheeling Township, IL ($1,670), Prospect Heights, IL ($1,475).

Nearby places with a measurably higher figure: Lincolnshire, IL ($2,858).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median gross rent across Lake County, place by place

Rank	Place	Median gross rent
5	Deer Park	$2,754 (±$508)
6	North Barrington	$2,679 (±$1,101)
7	Deerfield	$2,482 (±$335)
8	West Deerfield Township	$2,284 (±$194)
9	Volo	$2,169 (±$208)
10	Lake Bluff	$2,063 (±$800)
11	Buffalo Grove	$2,037 (±$148)
12	Ela Township	$2,011 (±$192)
13	Cuba Township	$1,978 (±$1,029)
14	Vernon Township	$1,949 (±$88)
15	Highland Park	$1,925 (±$124)
16	Moraine Township	$1,910 (±$110)
17	Lake Zurich	$1,909 (±$167)

Showing 13 of 64 places in Lake County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Buffalo Grove

One account for renting, owning, managing and fixing homes, with these figures beside you.

Looking for a place to rent?

Browse homes for rent near Buffalo Grove, save the ones you like and apply online.

Browse rentals · Create a renter account

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for Buffalo Grove beside you.

Create a landlord account · See what landlords get

Do repairs, renovations or maintenance?

Get found by owners and renters near Buffalo Grove, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Buffalo Grove

What is the average rent in Buffalo Grove, IL?

The Census Bureau publishes the median rather than the average: the median gross rent in Buffalo Grove is $2,037 (±$148) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.

How much has rent gone up in Buffalo Grove?

In Buffalo Grove, the median gross rent went from $1,643 in 2015–2019 to $2,037 in 2020–2024 (+24.0%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

How many rentals in Buffalo Grove cost more than $2,000 a month?

51.9% of rented homes in Buffalo Grove have a gross rent of $2,000 or more a month, and 2.3% cost less than $500.

Is rent in Buffalo Grove higher than in Lake County?

In Buffalo Grove, median gross rent is higher than in Lake County ($1,477).

It is also higher than in Illinois ($1,274).

It is higher than the national figure ($1,413).

Is this the rent for an apartment listed today?

No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Buffalo Grove village, Illinois (place:09447, in state:17).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.