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Rental Market Trends in Hoffman Estates, IL

What is the average rent in Hoffman Estates, IL?

$1,643/month

Average Rent

767 Sq Ft

Average Apartment Size

+5.6%

Increase in the Last Year

As of September 2025, the average rent in Hoffman Estates, IL is $1,643 per month. For comparison, the national average rent price in the US is currently $1,639/month, which means Hoffman Estates rent prices are 0% higher than the national average. When you rent an apartment in Hoffman Estates, you can expect to pay about $1,362 per month for a studio, $1,643 for a one-bedroom apartment, and around $1,992 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,813 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,362/month
457 Sq Ft
One Bedroom
$1,643/month
767 Sq Ft
Two Bedroom
$1,992/month
980 Sq Ft
Three Bedroom
$2,813/month
1,362 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,410/month
1,227 Sq Ft
Three Bedroom
$3,318/month
1,432 Sq Ft
Four Bedroom
$3,949/month
2,296 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,032/month
1,101 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,276/month
1,179 Sq Ft
Three Bedroom
$2,603/month
1,088 Sq Ft

How much has average rent changed in Hoffman Estates, IL?

In the past year, rent has increased by 5.6%, which averages out to $92 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated September 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Hoffman Estates, IL
Last Updated September 2025
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Hoffman Estates, IL
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
33% $1,001 - $1,500/month
50% $1,501 - $2,000/month
17% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Hoffman Estates?

Based on current rent prices, Townhomes of Patridge Hill, Bell Works and Barrington Square are the most affordable neighborhoods in Hoffman Estates.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Townhomes of Patridge Hill
$1,502/month
680 Sq Ft
Bell Works
$1,817/month
955 Sq Ft
Barrington Square
$1,961/month
880 Sq Ft

What are the most expensive neighborhoods in Hoffman Estates?

Based on current rent prices, Barrington Square, Bell Works and Townhomes of Patridge Hill are the most expensive neighborhoods in Hoffman Estates.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Barrington Square
$1,961/month
880 Sq Ft
Bell Works
$1,817/month
955 Sq Ft
Townhomes of Patridge Hill
$1,502/month
680 Sq Ft

Which Hoffman Estates neighborhoods have the most rentals available?

The neighborhoods in Hoffman Estates with the most apartments available are Barrington Square, Bell Works and Townhomes of Patridge Hill .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Barrington Square
$1,961/month
880 Sq Ft
Bell Works
$1,817/month
955 Sq Ft
Townhomes of Patridge Hill
$1,502/month
680 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Hoffman Estates, IL?

Because the average rent in Hoffman Estates is $1,643, you’ll want to make about $5,476 per month or $65,712 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.

City

Hoffman Estates, IL

458 Available Apartments for Rent

Search for Nearby Apartments

How does Hoffman Estates, IL compare to other nearby cities and neighborhoods?

Use the tool below to compare Hoffman Estates, 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.

Explore the Area Guide for Hoffman Estates, IL

Apartment Averages

Townhomes of Patridge Hill

Hoffman Estates, IL

Barrington Square

Hoffman Estates, IL

Studio
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-
One Bedroom
-
-
Two Bedroom
-
-
Three Bedroom
-
-
Search
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Nearby City Rent Trends

  • Streamwood Average Rent
  • Schaumburg Average Rent
  • Barrington Average Rent
  • East Dundee Average Rent
  • Palatine Average Rent
  • Rolling Meadows Average Rent

Apartment communities in Hoffman Estates we think you'll love

Seasons at Hoffman Estates

Seasons at Hoffman Estates

1800 Autumn Dr,
Hoffman Estates, IL 60169

$1,805 - $4,045

Studio - 3 Beds

Blackhawk Apartment Homes

Blackhawk Apartment Homes

926 Congdon Ave,
Elgin, IL 60120

$1,408 - $2,899

1-3 Beds

Barrington Lakes Apartments

Barrington Lakes Apartments

2200 Hassell Rd,
Hoffman Estates, IL 60169

$1,365 - $2,475

Studio - 3 Beds

Village Park Apartments, LLC

Village Park Apartments, LLC

985 Grand Canyon Pky,
Hoffman Estates, IL 60169

$1,495 - $1,895

1-2 Beds

Property Management Companies in Hoffman Estates, IL

Morgan Properties
Morgan Properties
  • 327

    Communities

  • 98,339

    Units

  • 200

    Cities

1 Community in Hoffman Estates
Trinity Property Consultants
Trinity Property Consultants
  • 164

    Communities

  • 43,713

    Units

  • 98

    Cities

1 Community in Hoffman Estates
Village Green
Village Green
  • 166

    Communities

  • 34,490

    Units

  • 97

    Cities

1 Community in Hoffman Estates
Buckingham Companies
Buckingham Companies
  • 35

    Communities

  • 10,704

    Units

  • 22

    Cities

1 Community in Hoffman Estates
Fiduciary Real Estate Development
Fiduciary Real Estate Development
  • 36

    Communities

  • 8,593

    Units

  • 22

    Cities

1 Community in Hoffman Estates
RMK Management
RMK Management
  • 29

    Communities

  • 7,202

    Units

  • 19

    Cities

1 Community in Hoffman Estates
Bayshore Properties
Bayshore Properties
  • 18

    Communities

  • 6,796

    Units

  • 15

    Cities

1 Community in Hoffman Estates
Bender Companies
Bender Companies
  • 20

    Communities

  • 5,005

    Units

  • 15

    Cities

1 Community in Hoffman Estates

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United States Illinois Hoffman Estates Rental Trends

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 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity