The Lakes of Schaumburg Apartment Homes
801 Belinder Ln,
Schaumburg, IL 60173
1-2 Beds | $1,620 - $2,205
Rental Market Trends in Rolling Meadows, IL
Updated September 2026
The average rent in Rolling Meadows, IL is $1,559/month.
Rent in Rolling Meadows is roughly equal to the national average rent of of $1,665/month.
$1,559/month
Average Rent
764 Sq Ft
Average Size
+1.6%
Change / Year
354
Available Apartments
Rolling Meadows rent varies by unit size and layout:
- Studio apartments in Rolling Meadows average $1,004 per month.
- One-bedroom apartments in Rolling Meadows average $1,559 per month.
- Two-bedroom apartments in Rolling Meadows average $1,558 per month.
- Three-bedroom apartments in Rolling Meadows average $2,233 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 Rolling Meadows, IL?
In the past year, rent has increased by 1.6%, which averages out to $25 more per month.
Market Trends Over Time
September 2026
2025
2026
Rent Ranges in Rolling Meadows, 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
60%
$1,001 - $1,500/month
20%
$1,501 - $2,000/month
20%
Above $2,000/month
Rent by Neighborhood
What are the most affordable neighborhoods in Rolling Meadows?
Based on current rent prices, Waverly Park and Coach Light Condominiums" are the most affordable neighborhoods in Rolling Meadows.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Rolling Meadows?
Based on current rent prices, Coach Light Condominiums and Waverly Park" are the most expensive neighborhoods in Rolling Meadows.
Neighborhood
Average Rent
Average Sq Ft
Which Rolling Meadows neighborhoods have the most rentals available?
The neighborhoods in Rolling Meadows with the most apartments available are Coach Light Condominiums and Waverly Park" .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Rolling Meadows, IL?
Because the average rent in Rolling Meadows is $1,559, you’ll want to make about $5,196 per month or $62,352 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 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.
View the Rolling Meadows Area GuideStudio
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One Bedroom
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Two Bedroom
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Three Bedroom
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Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
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Palatine
Avg Rent: $1,666/month
-
Arlington Heights
Avg Rent: $1,936/month
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Schaumburg
Avg Rent: $1,863/month
-
Elk Grove Village
Avg Rent: $1,609/month
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Mount Prospect
Avg Rent: $1,682/month
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Prospect Heights
Avg Rent: $1,442/month
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Hoffman Estates
Avg Rent: $1,656/month
Apartment Communities in Rolling Meadows We Think You'll Love
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Frequently Asked Questions
What is the average rent in Rolling Meadows?
The average rent in Rolling Meadows is $1,559 per month, which is 6.4% lower than the national average of $1,665.
What is the average rent for a house in Rolling Meadows?
The average rent for a house in Rolling Meadows, IL is $3,510 per month.
Are rents going up or down in Rolling Meadows?
Rents in Rolling Meadows, IL are increasing, with prices up 1.6% year-over-year and $25 more per month.
What rent range is most common in Rolling Meadows?
In Rolling Meadows, IL, 60% 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.