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169 Apartments for rent in Hoffman Estates, IL

Last updated February 18 at 10:02pm UTC
1459 Fox Path Lane
Hunters Ridge
Hoffman Estates, IL
Updated February 15 at 11:57am UTC
4 Bedrooms
$2,900
1800 HUNTINGTON Boulevard
12 Oaks
Hoffman Estates, IL
Updated February 11 at 7:24pm UTC
1 Bedroom
$1,000
1764 Queensbury Circle
Hoffman Estates
Hoffman Estates, IL
Updated February 11 at 7:23pm UTC
3 Bedrooms
$1,450
1812 JAMESTOWN Circle
Hoffman Estates
Hoffman Estates, IL
Updated February 11 at 9:54am UTC
2 Bedrooms
$1,250
990 Basswood Street
Creekside
Hoffman Estates, IL
Updated February 11 at 1:11am UTC
3 Bedrooms
$1,850
1505 Cornell Court Unit 2E
Hoffman Estates
Hoffman Estates, IL
Updated February 10 at 1:02pm UTC
2 Bedrooms
$1,200
1984 Hastings Drive
Hoffman Estates
Hoffman Estates, IL
Updated February 8 at 9:32am UTC
2 Bedrooms
$1,250
1820 RIDGEWOOD Lane
Hoffman Estates
Hoffman Estates, IL
Updated February 7 at 9:45am UTC
4 Bedrooms
$1,895
1475 Rebecca Drive
Moon Lake Village
Hoffman Estates, IL
Updated January 29 at 9:32am UTC
2 Bedrooms
$1,250
660 Hill Dr
Highland Crossing Condominiuims
Hoffman Estates, IL
Updated January 26 at 9:51am UTC
2 Bedrooms
$1,100
1581 Cornell Place
Hoffman Estates
Hoffman Estates, IL
Updated January 6 at 4:46am UTC
2 Bedrooms
$1,350
Results within 1 miles of Hoffman Estates, IL
126 SHADYWOOD Lane
Fair Oaks
Streamwood, IL
Updated February 18 at 5:03pm UTC
3 Bedrooms
$2,100
300 South Roselle Road
Schaumburg
Schaumburg, IL
Updated February 18 at 5:02pm UTC
1 Bedroom
$950
388 GLEN BYRN Court
Red Rock
Schaumburg, IL
Updated February 17 at 5:13pm UTC
2 Bedrooms
$1,600
1803 Lancashire Court
Schaumburg
Schaumburg, IL
Updated February 16 at 10:52am UTC
3 Bedrooms
$1,750
421 Verde Drive
Schaumburg
Schaumburg, IL
Updated February 15 at 6:59pm UTC
3 Bedrooms
$2,250
160 Stirling Lane
Schaumburg
Schaumburg, IL
Updated February 14 at 4:55pm UTC
2 Bedrooms
$1,375
37 Gant Circle
Woodland Heights
Streamwood, IL
Updated February 14 at 10:41am UTC
2 Bedrooms
$1,350
1104 Quanset Court
Schaumburg
Schaumburg, IL
Updated February 14 at 2:06am UTC
2 Bedrooms
$1,350
603 Berkley Court
Schaumburg
Schaumburg, IL
Updated February 17 at 9:14am UTC
2 Bedrooms
$1,495
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Rent Report
Hoffman Estates

February 2018 Hoffman Estates Rent Report

Welcome to the February 2018 Hoffman Estates Rent Report. Hoffman Estates rents increased over the past month. In this report, we'll evaluate trends in the Hoffman Estates rental market, including comparisons to cities throughout the metro, state, and nation.

Hoffman Estates rents increased significantly over the past month

Hoffman Estates rents have increased 0.6% over the past month, but have remained steady at 0.1% in comparison to the same time last year. Currently, median rents in Hoffman Estates stand at $1,100 for a one-bedroom apartment and $1,300 for a two-bedroom. This is the third straight month that the city has seen rent increases after a decline in October of last year. Hoffman Estates' year-over-year rent growth lags the state average of 1.4%, as well as the national average of 2.6%.

Rents rising across the Chicago Metro

While rents have remained steady in the city of Hoffman Estates throughout the past year, cities across the metro have seen a different trend. Rents have risen in 9 of of the largest 10 cities in the Chicago metro for which we have data. Here's a look at how rents compare across some of the largest cities in the metro.

  • Naperville has the most expensive rents in the Chicago metro, with a two-bedroom median of $1,730; the city has also seen rent growth of 3.8% over the past year, the fastest in the metro.
  • Over the past year, Arlington Heights is the only city in the metro that has seen rents fall, with a decline of 0.4%. Median two-bedrooms there cost $1,440, while one-bedrooms go for $1,220.
  • Elgin has the least expensive rents in the Chicago metro, with a two-bedroom median of $1,180; rents rose 2.9% over the past year but remained flat month-over-month.

Hoffman Estates rents more affordable than many large cities nationwide

Rent growth in Hoffman Estates has been relatively stable over the past year - some other large cities have seen more substantial increases. Hoffman Estates is still more affordable than most large cities across the country.

  • Hoffman Estates' median two-bedroom rent of $1,300 is above the national average of $1,160. Nationwide, rents have grown by 2.6% over the past year compared to the stagnant growth in Hoffman Estates.
  • While rents in Hoffman Estates remained moderately stable this year, similar cities saw increases, including Houston (+2.7%), Denver (+2.1%), and Philadelphia (+1.9%); note that median 2BR rents in these cities go for $1,020, $1,310, and $1,160 respectively.
  • Renters will find more reasonable prices in Hoffman Estates than most large cities. For example, San Francisco has a median 2BR rent of $3,010, which is more than twice the price in Hoffman Estates.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.
City Median 1BR price Median 2BR price M/M price change Y/Y price change
Chicago $1,070 $1,250 0.2% 1.1%
Aurora $1,110 $1,300 -0.0% 3.0%
Joliet $1,030 $1,210 0.0% 3.0%
Naperville $1,470 $1,730 0.1% 3.8%
Elgin $1,010 $1,180 0.3% 2.9%
Arlington Heights $1,220 $1,440 -0.5% -0.4%
Evanston $1,270 $1,490 -0.3% 0.3%
Schaumburg $1,350 $1,590 0.1% 3.8%
Palatine $1,120 $1,320 -0.2% 2.4%
Des Plaines $1,040 $1,230 0.8% 3.8%
See more

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.