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Rental Market Trends in Hoffman Estates, IL

What is the average rent in Hoffman Estates, IL?

$1,606/month

Average Rent

767 Sq Ft

Average Apartment Size

+2.1%

Increase in the Last Year

As of July 2025, the average rent in Hoffman Estates, IL is $1,606 per month. For comparison, the national average rent price in the US is currently $1,637/month, which means Hoffman Estates rent prices are 2% lower than the national average. When you rent an apartment in Hoffman Estates, you can expect to pay about $1,338 per month for a studio, $1,606 for a one-bedroom apartment, and around $1,945 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,713 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,338/month
457 Sq Ft
One Bedroom
$1,606/month
767 Sq Ft
Two Bedroom
$1,945/month
980 Sq Ft
Three Bedroom
$2,713/month
1,362 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,576/month
1,250 Sq Ft
Three Bedroom
$3,467/month
1,427 Sq Ft
Four Bedroom
$4,040/month
2,334 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,016/month
1,072 Sq Ft
Three Bedroom
$2,529/month
1,060 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,228/month
1,173 Sq Ft
Three Bedroom
$2,536/month
1,368 Sq Ft

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

In the past year, rent has increased by 2.1%, which averages out to $34 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 July 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Hoffman Estates, IL
Last Updated July 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
$1,475/month
686 Sq Ft
Bell Works
$1,698/month
856 Sq Ft
Barrington Square
$1,823/month
818 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
$1,823/month
818 Sq Ft
Bell Works
$1,698/month
856 Sq Ft
Townhomes of Patridge Hill
$1,475/month
686 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
$1,823/month
818 Sq Ft
Bell Works
$1,698/month
856 Sq Ft
Townhomes of Patridge Hill
$1,475/month
686 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 $1,606, you’ll want to make about $5,353 per month or $64,236 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

486 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
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-
Two Bedroom
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Three Bedroom
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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

Studio - 3 Beds | $1,805 - $3,395

Barrington Lakes Apartments

Barrington Lakes Apartments

2200 Hassell Rd,
Hoffman Estates, IL 60169

Studio - 3 Beds | $1,335 - $2,365

Village Park Apartments, LLC

Village Park Apartments, LLC

985 Grand Canyon Pky,
Hoffman Estates, IL 60169

1-2 Beds | $1,495 - $1,750

Village in the Park Apartments

Village in the Park Apartments

1417 Valley Lake Dr,
Schaumburg, IL 60195

Studio - 2 Beds | $1,390 - $2,155

Property Management Companies in Hoffman Estates, IL

Morgan Properties
Morgan Properties
  • 326

    Communities

  • 97,970

    Units

  • 199

    Cities

1 Community in Hoffman Estates
Trinity Property Consultants
Trinity Property Consultants
  • 168

    Communities

  • 44,535

    Units

  • 99

    Cities

1 Community in Hoffman Estates
Village Green
Village Green
  • 171

    Communities

  • 36,141

    Units

  • 98

    Cities

1 Community in Hoffman Estates
Buckingham Companies
Buckingham Companies
  • 35

    Communities

  • 10,705

    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 June 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity