Stonebridge of Arlington Heights
650 W Rand Rd,
Arlington Heights, IL 60004
1-2 Beds | $1,729 - $3,729
Rental Market Trends in Buffalo Grove, IL
Updated July 2026
The average rent in Buffalo Grove, IL is $2,033/month.
Rent in Buffalo Grove is 22% higher than the national average rent of $1,663/month, making this one of the more expensive cities statewide.
$2,033/month
Average Rent
773 Sq Ft
Average Size
+1%
Change / Year
489
Available Apartments
Buffalo Grove rent varies by unit size and layout:
- Studio apartments in Buffalo Grove average per month.
- One-bedroom apartments in Buffalo Grove average $2,033 per month.
- Two-bedroom apartments in Buffalo Grove average $2,489 per month.
- Three-bedroom apartments in Buffalo Grove average $2,754 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Buffalo Grove, IL?
In the past year, rent has increased by 1%, which averages out to $22 more per month.
Market Trends Over Time
July 2026
2025
2026
Rent Ranges in Buffalo Grove, IL
July 2026
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
0%
$1,001 - $1,500/month
17%
$1,501 - $2,000/month
83%
Above $2,000/month
What salary do I need to live comfortably in Buffalo Grove, IL?
Because the average rent in Buffalo Grove is $2,033, you’ll want to make about $6,776 per month or $81,312 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Buffalo Grove, IL compare to other nearby cities and neighborhoods?
Use the tool below to compare Buffalo Grove, IL to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
View the Buffalo Grove Area GuideCompare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
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Frequently Asked Questions
What is the average rent in Buffalo Grove?
The average rent in Buffalo Grove is $2,033 per month, which is 22.2% higher than the national average of $1,663.
What is the average rent for a house in Buffalo Grove?
The average rent for a house in Buffalo Grove, IL is $3,342 per month.
What is the average rent for a townhome in Buffalo Grove?
The average rent for a townhome in Buffalo Grove, IL is $2,307 per month.
Are rents going up or down in Buffalo Grove?
Rents in Buffalo Grove, IL are increasing, with prices up 1.0% year-over-year and $22 more per month.
What rent range is most common in Buffalo Grove?
In Buffalo Grove, IL, 83% of apartments fall above $2,000/month, though prices may vary depending on location and other factors.
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 June 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.
* Percentages may not total 100 due to rounding.