What is the median rent in Hoffman Estates, IL?
The median gross rent in Hoffman Estates, IL is $1,734 (±$96) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 4,696 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Hoffman Estates, the median gross rent went from $1,398 in 2015–2019 to $1,734 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 .
- Median gross rent
- $1,734 (±$96)
- Rented homes
- 4,696 (±681)
- $2,000 or more
- 29.8%
- Since 2015–2019
- +24.0%
How much rent costs in Hoffman Estates
| Monthly gross rent | Hoffman Estates | Cook County | Illinois | United States |
|---|---|---|---|---|
| Less than $500 | 0.4% (±0.6 points) | 6.0% | 7.0% | 6.3% |
| $500 to $999 | 3.2% (±2.7 points) | 14.5% | 23.5% | 20.2% |
| $1,000 to $1,499 | 28.7% (±8.9 points) | 33.7% | 32.6% | 28.1% |
| $1,500 to $1,999 | 37.8% (±6.7 points) | 22.0% | 18.7% | 21.1% |
| $2,000 to $2,499 | 14.9% (±6.2 points) | 12.1% | 9.6% | 12.0% |
| $2,500 to $2,999 | 9.2% (±4.5 points) | 5.6% | 4.1% | 5.5% |
| $3,000 or more | 5.7% (±2.8 points) | 6.1% | 4.4% | 6.8% |
The most common range is $1,500 to $1,999, paid by 37.8% of renting households.
29.8% of rented homes in Hoffman Estates cost $2,000 or more a month.
Hoffman Estates against Cook County, its state and the nation
| Hoffman Estates | Cook County | Illinois | United States | |
|---|---|---|---|---|
| Median gross rent | $1,734 (±$96) | $1,435 (±$7) | $1,274 (±$5) | $1,413 |
| Rented homes paying rent | 4,696 (±681) | 859,046 (±6,982) | 1,587,238 (±10,609) | 42,849,984 |
In Hoffman Estates, median gross rent is higher than in Cook County ($1,435).
It is also higher than in Illinois ($1,274).
It is higher than the national figure ($1,413).
In Cook County, Hoffman Estates ranks 28 of 143 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 111 of 2,063.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Hoffman Estates has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $1,398 (±$44) | $1,734 (±$96) | +24.0% | No measurable change after inflation |
| Households that rent | 24.3% (±1.9 points) | 25.8% (±3.5 points) | +1.5 percentage points | Not a measurable change |
| Rental vacancy rate | 5.2% (±3.1 points) | 2.5% (±1.9 points) | −2.7 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 Hoffman Estates
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Hoffman Estates | — | $1,734 (±$96) | — |
| South Barrington | 1.8 mi | $2,200 (±$909) | Not measurably different |
| Streamwood | 3.5 mi | $1,809 (±$98) | Not measurably different |
| Barrington Township | 3.7 mi | $2,323 (±$617) | Not measurably different |
| Schaumburg Township | 3.7 mi | $1,773 (±$39) | Not measurably different |
| Hanover Township (Cook County) | 3.9 mi | $1,598 (±$73) | Lower |
| Schaumburg | 4.0 mi | $1,812 (±$42) | Not measurably different |
| Palatine Township | 5.2 mi | $1,618 (±$46) | Lower |
| Hanover Park | 5.7 mi | $1,594 (±$100) | Lower |
Nearby places with a measurably lower figure: Hanover Township (Cook County), IL ($1,598), Palatine Township, IL ($1,618), Hanover Park, IL ($1,594).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Cook County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 22 | Streamwood | $1,809 (±$98) |
| 23 | Westchester | $1,794 (±$133) |
| 24 | Schaumburg Township | $1,773 (±$39) |
| 25 | Evanston | $1,762 (±$46) |
| 26 | Arlington Heights | $1,760 (±$44) |
| 27 | Indian Head Park | $1,746 (±$325) |
| 28 | Hoffman Estates | $1,734 (±$96) |
| 29 | Country Club Hills | $1,709 (±$272) |
| 30 | Niles Township | $1,685 (±$87) |
| 31 | Wheeling Township | $1,670 (±$47) |
| 32 | Wheeling | $1,663 (±$86) |
| 33 | Markham | $1,621 (±$176) |
| 34 (tie) | Elk Grove Village | $1,618 (±$85) |
Showing 13 of 143 places in Cook 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.
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Questions about Hoffman Estates
What is the average rent in Hoffman Estates, IL?
The Census Bureau publishes the median rather than the average: the median gross rent in Hoffman Estates is $1,734 (±$96) 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 Hoffman Estates?
In Hoffman Estates, the median gross rent went from $1,398 in 2015–2019 to $1,734 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 Hoffman Estates cost more than $2,000 a month?
29.8% of rented homes in Hoffman Estates have a gross rent of $2,000 or more a month, and 0.4% cost less than $500.
Is rent in Hoffman Estates higher than in Cook County?
In Hoffman Estates, median gross rent is higher than in Cook County ($1,435).
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
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Hoffman Estates village, Illinois
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Hoffman Estates village, Illinois
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Hoffman Estates village, Illinois
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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 Hoffman Estates village, Illinois (place:35411, 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.
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.
Figures last updated on .
Related
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- Age of homes in Hoffman Estates
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- Crime reported to police in Hoffman Estates
- Population growth in Hoffman Estates
- How long people stay in Hoffman Estates
- Crowding and facilities in Hoffman Estates
- Fair Market Rent in Hoffman Estates
- Illinois landlord and tenant rules
- Housing across Cook County
- Illinois places ranked by median rent
- Housing data for every place in Illinois