What is the rental vacancy rate in Hoffman Estates, IL?
The rental vacancy rate in Hoffman Estates, IL is 2.5% (±1.9 points) (2020–2024 American Community Survey).
The homeowner vacancy rate is 1.3% (±0.9 points).
798 (±265) homes, 4.1% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.
In Hoffman Estates, the rental vacancy rate went from 5.2% in 2015–2019 to 2.5% in 2020–2024 (−2.7 percentage points), not a measurable change.
Figures last updated on .
- Rental vacancy rate
- 2.5% (±1.9 points)
- Homeowner vacancy rate
- 1.3% (±0.9 points)
- Vacant homes
- 798 (±265)
Vacancy in Hoffman Estates against Cook County, its state and the nation
| Hoffman Estates | Cook County | Illinois | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 2.5% (±1.9 points) | 4.5% (±0.2 points) | 5.0% (±0.2 points) | 5.5% |
| Homeowner vacancy rate | 1.3% (±0.9 points) | 1.1% (±0.1 points) | 1.0% (±0.1 points) | 0.9% |
| Vacant housing units | 798 (±265) | 176,263 (±3,778) | 421,003 (±7,877) | 14,547,859 |
The rental vacancy rate is the share of rental homes that are vacant and for rent; it leaves out homes already rented but not yet moved into, and seasonal homes.
In Hoffman Estates, the rental vacancy rate is lower than in Cook County (4.5%).
It is also lower than in Illinois (5.0%).
It is lower than the national figure (5.5%).
Rental vacancy rate in places near Hoffman Estates
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| Hoffman Estates | — | 2.5% (±1.9 points) | — |
| South Barrington | 1.8 mi | 0.0% (±58.2 points) | Not measurably different |
| Streamwood | 3.5 mi | 0.0% (±2.6 points) | Not measurably different |
| Barrington Township | 3.7 mi | 0.0% (±4.5 points) | Not measurably different |
| Schaumburg Township | 3.7 mi | 2.4% (±1.1 points) | Not measurably different |
| Hanover Township (Cook County) | 3.9 mi | 0.5% (±0.5 points) | Lower |
| Schaumburg | 4.0 mi | 2.9% (±1.5 points) | Not measurably different |
| Inverness | 4.2 mi | 0.0% (±46.5 points) | Not measurably different |
| Palatine Township | 5.2 mi | 3.2% (±1.3 points) | Not measurably different |
Nearby places with a measurably lower figure: Hanover Township (Cook County), IL (0.5%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Rental vacancy rate across Cook County, place by place
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 84 (tie) | Markham | 2.8% (±4.2 points) |
| 86 (tie) | Burnham | 2.7% (±2.9 points) |
| 86 (tie) | Elk Grove Village | 2.7% (±3.8 points) |
| 88 (tie) | Barrington | 2.6% (±4.1 points) |
| 88 (tie) | Orland Park | 2.6% (±2.7 points) |
| 90 (tie) | Harwood Heights | 2.5% (±4.1 points) |
| 90 (tie) | Hoffman Estates | 2.5% (±1.9 points) |
| 92 | Schaumburg Township | 2.4% (±1.1 points) |
| 93 (tie) | Bridgeview | 2.3% (±2.0 points) |
| 93 (tie) | Burbank | 2.3% (±3.7 points) |
| 93 (tie) | Palos Hills | 2.3% (±3.7 points) |
| 93 (tie) | Phoenix | 2.3% (±3.7 points) |
| 93 (tie) | Rich Township | 2.3% (±1.7 points) |
Showing 13 of 148 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.
What you can do on Seayora in Hoffman Estates
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 Hoffman Estates, 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 Hoffman Estates beside you.
Create a landlord account · See what landlords get
Do repairs, renovations or maintenance?
Get found by owners and renters near Hoffman Estates, and send estimates and invoices from your phone.
Questions about Hoffman Estates
Is it hard to find a rental in Hoffman Estates?
The rental vacancy rate in Hoffman Estates, IL is 2.5% (±1.9 points); a low rate means few rental homes stand empty and for rent at any time, which usually means more competition for each one.
Is the rental market in Hoffman Estates tighter than it was?
In Hoffman Estates, the rental vacancy rate went from 5.2% in 2015–2019 to 2.5% in 2020–2024 (−2.7 percentage points), not a measurable change.
How many homes are vacant in Hoffman Estates?
An estimated 798 (±265) housing units, 4.1% of the total, including seasonal homes and homes waiting to be sold or rented.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Hoffman Estates village, Illinois
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Hoffman Estates village, Illinois
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 DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0005E, DP04_0005M, DP04_0004E, DP04_0004M, DP04_0003E, DP04_0003M, DP04_0003PE, DP04_0003PM
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
- Housing in Hoffman Estates at a glance
- Median rent in Hoffman Estates
- Rent by bedrooms in Hoffman Estates
- Rent burden in Hoffman Estates
- Renters and owners in Hoffman Estates
- Income and affordability in Hoffman Estates
- Home values in Hoffman Estates
- Homeowner costs in Hoffman Estates
- Property taxes in Hoffman Estates
- Types of homes in Hoffman Estates
- Bedrooms in Hoffman Estates
- Age of homes in Hoffman Estates
- Heating fuel in Hoffman Estates
- Commute and cars in Hoffman Estates
- 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 rental vacancy rate
- Housing data for every place in Illinois