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Sleepy Hollow, IL

Area Guide

Avg Rent

$1,506

Population

2,916

Renter Mix

23% Rent

A charming village teeming with natural beauty

Scenic Lush Peaceful

Nestled in Chicago’s northwestern suburbs, Sleepy Hollow is an idyllic village draped in lush natural beauty. Being predominantly residential, Sleepy Hollow offers a wide variety of charming houses and apartments available for rent in a peaceful, park-like environment.

Sleepy Hollow’s natural beauty and tranquility contribute to its allure, along with its close proximity to desirable amenities such as Spring Hill Mall, Jelke Creek Bird Sanctuary, Raceway Woods Forest Preserve, and Santa’s Village Azoosment and Water Park. Although Sleepy Hollow may feel tucked away from it all, the village sits within an hour’s drive (or less) from Chicago’s Loop.

Demographics

Median Household Income

$125,243

Average: $140,291

Education

1,044

Residents Have a Degree

Job Market

1,589

Workers Employed

Age Distribution
Get a sense of this area's population profile.

Median Age

46 Years

Largest Age Group

60-69 Years

Approximately 16% of Residents

Under 20

19%

Over 65

23%

Housing Distribution

Sleepy Hollow has more homeowners than renters.

Renters
23%
Non-Renters
77%

Education Distribution

Review this city's overall education levels.

Bachelor's or Higher
32%
Other Education
68%

Rent Trends

As of May 2026, the average apartment rent in Sleepy Hollow, IL is $1,506 for one bedroom, $1,923 for two bedrooms, and $2,283 for three bedrooms. Apartment rent in Sleepy Hollow has decreased by -1.0% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$1,506/month
756 Sq Ft
See Rental Market Trends in Sleepy Hollow, IL

Getting Around

Somewhat Walkable

Walkability

30 / 100

Exceptionally Drivable

Drivability

100 / 100

Moderately Bikeable

Bikeability

70 / 100

Schools

Sleepy Hollow Elementary School

Public

Grades K-5

417 Students

Points of Interest

Shopping Centers

Parks and Recreation

  • Schweitzer Woods Forest Preserve
  • Raceway Woods Forest Preserve
  • Tyler Creek Forest Preserve
  • Binnie Forest Preserve
  • Burnidge Forest Preserve

Airports

  • Chicago O'Hare International

Top Apartments in Sleepy Hollow

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Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.