Homes for Rent in Hoffman Estates, IL

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What to Know About

Life in Hoffman Estates & Beyond

Hoffman Estates shares many of the great qualities that make Illinois a desirable place to live.

Illinois is known for its rich cultural heritage, lively urban centers, and beautiful countryside landscapes. Explore the state's cultural heritage by visiting renowned museums such as the Lincoln Presidential Library and Museum, the Field Museum of Natural History, the Museum of Science and Industry, and the Art Institute of Chicago. The state also has a thriving theater and art scene, including the renowned Steppenwolf Theatre Company in Chicago. Illinois is also home to respected universities like the University of Illinois at Urbana-Champaign and Northwestern University.

Outdoor enthusiasts will love the scenic beauty of the Shawnee National Forest and the adventure-filled trails of the Starved Rock State Park. Sports fans will be in their element in Illinois, cheering on the Chicago Bears (NFL), Chicago Blackhawks (NHL), Chicago Cubs (MLB), Chicago White Sox (MLB), and Chicago Bulls (NBA). Experience famous attractions like the Willis Tower, Navy Pier, and the Lincoln Park Zoo. Also, enjoy the musicals and plays at Broadway-in-Chicago, festivals throughout the summer months, and culinary tours of the local restaurants.

With its vibrant cultural scene, exciting entertainment options, and top-notch educational opportunities, Illinois offers a high quality of life, making it a great place to live.

Rental Market Trends

Hoffman Estates, IL

As of June 2025, Hoffman Estates's rental market is highly competitive, where rentals lease within days, often attracting multiple applications and above-asking offers. Hoffman Estates's average rent is 1.6% ($28) lower than the Illinois average of $1,703 and 6.1% ($109) lower than the U.S. average of $1,784.

Average Rent
$1,675
Monthly ChangeMonth Over Month Change
Decreased0.7% ($12)
Yearly ChangeYear Over Year Change
Increased11.4% ($172)
Avg. Days on MarketAverage Days on Market
25
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,562 Increased2.5% ($38) Increased30.7% ($367)
2 Beds $1,797 Increased0.7% ($13) Increased16.8% ($258)
3 Beds $2,854 Increased42.3% ($848) Increased65% ($1124)
Nearby Cities Average Rent Avg. Rent vs. Hoffman EstatesAverage Rent vs. Hoffman Estates Avg. Days on MarketAverage Days on Market
Schaumburg $2,103 Increased25.6% ($428) 29 days
Rolling Meadows $1,745 Increased4.2% ($70) 25 days
Hanover Park $1,853 Increased10.6% ($178) 28 days
Roselle $2,062 Increased23.1% ($387) 27 days
Palatine $1,763 Increased5.3% ($88) 25 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Hoffman Estates Rental Market FAQs

Explore rental prices, market trends, and availability in Hoffman Estates, IL.

The average rent in Hoffman Estates, IL is $1,675 per month.
Homes in Hoffman Estates typically rent for between $1,093 and $3,710 per month, with an average of $1,675 per month.
In Hoffman Estates, the average rent for a 1-bedroom home is $1,562 per month, for a 2-bedroom home, $1,797 per month, and a 3-bedroom home is $2,854 per month.
The average rent in Hoffman Estates is 6.1% ($109) lower than the national average of $1,784 per month.
The average rent in Hoffman Estates has decreased by 0.7% ($12) in the last month and increased by 11.4% ($172) over the past year.
The rental market in Hoffman Estates, IL, is currently highly competitive, where rentals lease within days, often attracting multiple applications and above-asking offers.
In Hoffman Estates, IL, the average rental stays on the market for approximately 25 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 5 rental properties available in Hoffman Estates, IL.
Based on the current averages, a household would need an annual income of $71,880 to comfortably afford a 2-bedroom home in Hoffman Estates.
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