What is the median rent in Rolling Meadows, IL?

The median gross rent in Rolling Meadows, IL is $1,607 (±$127) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.

That is across 2,598 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.

In Rolling Meadows, the median gross rent went from $1,378 in 2015–2019 to $1,607 in 2020–2024 (+16.6%).

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
$1,607 (±$127)
Rented homes
2,598 (±424)
$2,000 or more
24.5%
Since 2015–2019
+16.6%

How much rent costs in Rolling Meadows

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rentRolling MeadowsCook CountyIllinoisUnited States
Less than $5000.2% (±0.6 points)6.0%7.0%6.3%
$500 to $9993.5% (±3.0 points)14.5%23.5%20.2%
$1,000 to $1,49939.4% (±9.2 points)33.7%32.6%28.1%
$1,500 to $1,99932.3% (±7.9 points)22.0%18.7%21.1%
$2,000 to $2,49920.6% (±7.8 points)12.1%9.6%12.0%
$2,500 to $2,9992.7% (±2.4 points)5.6%4.1%5.5%
$3,000 or more1.2% (±1.4 points)6.1%4.4%6.8%

The most common range is $1,000 to $1,499, paid by 39.4% of renting households.

24.5% of rented homes in Rolling Meadows cost $2,000 or more a month.

Rolling Meadows against Cook County, its state and the nation

Estimate (90% margin of error)
Rolling MeadowsCook CountyIllinoisUnited States
Median gross rent$1,607 (±$127)$1,435 (±$7)$1,274 (±$5)$1,413
Rented homes paying rent2,598 (±424)859,046 (±6,982)1,587,238 (±10,609)42,849,984

In Rolling Meadows, 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, Rolling Meadows ranks 36 of 143 places with a published estimate, from highest to lowest median gross rent.

Statewide, it ranks 176 of 2,063.

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

How rent in Rolling Meadows has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median gross rent$1,378 (±$108)$1,607 (±$127)+16.6%No measurable change after inflation
Households that rent31.2% (±2.9 points)28.2% (±4.1 points)−3.0 percentage pointsNot a measurable change
Rental vacancy rate2.1% (±2.9 points)3.8% (±5.0 points)+1.7 percentage pointsNot 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 Rolling Meadows

Nearest places with a published estimate, compared with Rolling Meadows
PlaceDistanceMedian gross rentCompared with this place
Rolling Meadows—$1,607 (±$127)—
Arlington Heights2.7 mi$1,760 (±$44)Higher
Palatine3.0 mi$1,549 (±$72)Not measurably different
Palatine Township3.2 mi$1,618 (±$46)Not measurably different
Elk Grove Township4.0 mi$1,559 (±$43)Not measurably different
Schaumburg4.4 mi$1,812 (±$42)Higher
Schaumburg Township4.6 mi$1,773 (±$39)Higher
Mount Prospect4.6 mi$1,502 (±$64)Not measurably different
Wheeling Township4.8 mi$1,670 (±$47)Not measurably different

Nearby places with a measurably higher figure: Arlington Heights, IL ($1,760), Schaumburg, IL ($1,812), Schaumburg Township, IL ($1,773).

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

RankPlaceMedian gross rent
30Niles Township$1,685 (±$87)
31Wheeling Township$1,670 (±$47)
32Wheeling$1,663 (±$86)
33Markham$1,621 (±$176)
34 (tie)Elk Grove Village$1,618 (±$85)
34 (tie)Palatine Township$1,618 (±$46)
36Rolling Meadows$1,607 (±$127)
37Des Plaines$1,606 (±$71)
38Hanover Township (Cook County)$1,598 (±$73)
39 (tie)Oak Park$1,593 (±$81)
39 (tie)Oak Park Township$1,593 (±$81)
41Matteson$1,580 (±$462)
42Elk Grove Township$1,559 (±$43)

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.

What you can do on Seayora in Rolling Meadows

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 Rolling Meadows, 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 Rolling Meadows beside you.

Create a landlord account · See what landlords get

Do repairs, renovations or maintenance?

Get found by owners and renters near Rolling Meadows, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Rolling Meadows

What is the average rent in Rolling Meadows, IL?

The Census Bureau publishes the median rather than the average: the median gross rent in Rolling Meadows is $1,607 (±$127) 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 Rolling Meadows?

In Rolling Meadows, the median gross rent went from $1,378 in 2015–2019 to $1,607 in 2020–2024 (+16.6%).

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 Rolling Meadows cost more than $2,000 a month?

24.5% of rented homes in Rolling Meadows have a gross rent of $2,000 or more a month, and 0.2% cost less than $500.

Is rent in Rolling Meadows higher than in Cook County?

In Rolling Meadows, 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

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 Rolling Meadows city, Illinois (place:65338, 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.

Figures last updated on .

Related