Hanover Park Blu Apartments
2300 Glendale Ter,
Hanover Park, IL 60133
1-2 Beds | $1,325 - $1,450
Rental Market Trends in Hanover Park, IL
Updated September 2026
The average rent in Hanover Park, IL is $1,325/month.
Rent in Hanover Park is 20% lower than the national average rent of $1,664/month, making this one of the less expensive cities statewide.
$1,325/month
Average Rent
640 Sq Ft
Average Size
-1.6%
Change / Year
70
Available Apartments
Hanover Park rent varies by unit size and layout:
- Studio apartments in Hanover Park average per month.
- One-bedroom apartments in Hanover Park average $1,325 per month.
- Two-bedroom apartments in Hanover Park average $1,377 per month.
- Three-bedroom apartments in Hanover Park average 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 Hanover Park, IL?
In the past year, rent has decreased by 1.6%, which averages out to $20 less per month.
Market Trends Over Time
September 2026
2025
2026
Rent Ranges in Hanover Park, IL
September 2026
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
75%
$1,001 - $1,500/month
25%
$1,501 - $2,000/month
0%
Above $2,000/month
What salary do I need to live comfortably in Hanover Park, IL?
Because the average rent in Hanover Park is $1,325, you’ll want to make about $4,416 per month or $52,992 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 Hanover Park, IL compare to other nearby cities and neighborhoods?
Use the tool below to compare Hanover Park, 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 Hanover Park Area GuideCompare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
-
Roselle
Avg Rent: $1,756/month
-
Bloomingdale
Avg Rent: $1,678/month
-
Streamwood
Avg Rent: $1,845/month
-
Bartlett
Avg Rent: $1,311/month
-
Carol Stream
Avg Rent: $1,619/month
-
Schaumburg
Avg Rent: $1,863/month
-
Glendale Heights
Avg Rent: $1,463/month
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Frequently Asked Questions
What is the average rent in Hanover Park?
The average rent in Hanover Park is $1,325 per month, which is 20.4% lower than the national average of $1,664.
What is the average rent for a house in Hanover Park?
The average rent for a house in Hanover Park, IL is $2,861 per month.
What is the average rent for a townhome in Hanover Park?
The average rent for a townhome in Hanover Park, IL is $2,154 per month.
Are rents going up or down in Hanover Park?
Rents in Hanover Park, IL are decreasing, with prices down 1.6% year-over-year and $20 less per month.
What rent range is most common in Hanover Park?
In Hanover Park, IL, 75% of apartments fall between $1,001 - $1,500/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 September 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.