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Rental Market Trends in Rolling Meadows, IL

What is the average rent in Rolling Meadows, IL?

$1,540/month

Average Rent

764 Sq Ft

Average Apartment Size

+1.2%

Increase in the Last Year

As of September 2025, the average rent in Rolling Meadows, IL is $1,540 per month. For comparison, the national average rent price in the US is currently $1,639/month, which means Rolling Meadows rent prices are 6% lower than the national average. When you rent an apartment in Rolling Meadows, you can expect to pay about $1,021 per month for a studio, $1,540 for a one-bedroom apartment, and around $1,544 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,284 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,021/month
450 Sq Ft
One Bedroom
$1,540/month
764 Sq Ft
Two Bedroom
$1,544/month
916 Sq Ft
Three Bedroom
$2,284/month
1,306 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,295/month
976 Sq Ft
Three Bedroom
$3,040/month
1,353 Sq Ft
Four Bedroom
$4,423/month
2,264 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,035/month
1,037 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Rolling Meadows, IL?

In the past year, rent has increased by 1.2%, which averages out to $18 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 Rolling Meadows, IL
Last Updated September 2025
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Rolling Meadows, IL
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
60% $1,001 - $1,500/month
20% $1,501 - $2,000/month
20% Above $2,000/month

What salary do I need to live comfortably in Rolling Meadows, IL?

Because the average rent in Rolling Meadows is $1,540, you’ll want to make about $5,133 per month or $61,596 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

Rolling Meadows, IL

424 Available Apartments for Rent

Search for Nearby Apartments

How does Rolling Meadows, IL compare to other nearby cities and neighborhoods?

Use the tool below to compare Rolling Meadows, 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 Rolling Meadows, IL

Apartment Averages

Nearby City Rent Trends

  • Palatine Average Rent
  • Arlington Heights Average Rent
  • Schaumburg Average Rent
  • Elk Grove Village Average Rent
  • Mount Prospect Average Rent
  • Prospect Heights Average Rent
  • Hoffman Estates Average Rent

Apartment communities in Rolling Meadows we think you'll love

The Quin

The Quin

2450 Plum Grove Rd,
Schaumburg, IL 60173

$2,125 - $3,830

1-2 Beds

The Residences at Payton Place

The Residences at Payton Place

3401 W Payton Pl,
Arlington Heights, IL 60005

$1,651 - $6,364

Studio - 3 Beds

One Arlington

One Arlington

3400 W Stonegate Blvd,
Arlington Heights, IL 60005

$1,738 - $3,698

Studio - 2 Beds

The Lakes of Schaumburg Apartment Homes

The Lakes of Schaumburg Apartment Homes

801 Belinder Ln,
Schaumburg, IL 60173

$1,700 - $4,024

1-2 Beds

Learn More with Helpful Articles

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Move in stress-free - the first time's a charm!

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Money isn't the only matter.

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United States Illinois Rolling Meadows 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