Average Rent in Buffalo Grove, Buffalo Grove, IL and Rent Price Trends

Rent price trends in
Buffalo Grove, Buffalo Grove, IL

Rent price trends

Rent prices for all bedroom counts and property types in Buffalo Grove, Buffalo Grove, IL have increased by 3% in the last month and have decreased by 34% in the last year.

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Rent comparables in
Buffalo Grove, Buffalo Grove, IL
The monthly rent for an apartment in Buffalo Grove, Buffalo Grove, IL is $1,740. A 1-bedroom apartment in Buffalo Grove, Buffalo Grove, IL costs about $1,850 on average, while a 2-bedroom apartment is $2,080. Houses for rent in Buffalo Grove, Buffalo Grove, IL are more expensive, with an average monthly cost of $3,100.


1 bedroom	$1,969	-	-
2 bedroom	$2,275	-	-
3 bedroom	$3,000	3%	-
4 bedroom	$3,300	No Change	15%
Studio	$1,775	-	No Change

		Comparables
Conway Farms	$2,750
Countryside	$2,500
Downtown Elgin	$1,775
Franklin Park	$2,345
Village Of Lake Bluff	$2,150
Willow Lakes Estates	$1,897


Apartments	$1,740	No Change	No Change
Condos	$1,897	-	No Change
Houses	$3,100	No Change	No Change

Studio

Average rent

$1,775

1 bedroom

Average rent

$1,969

2 bedroom

Average rent

$2,275

3 bedroom

Average rent

$3,000

Last 30 days

4 bedroom

Average rent

$3,300

Last year

15%

The table above reflects average rent prices in Buffalo Grove, Buffalo Grove, IL, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

Compare rent prices in Buffalo Grove, Buffalo Grove, IL to other neighborhoods

Median rent prices in Buffalo Grove, Buffalo Grove, IL for all bedroom counts and property types compared to Downtown Elgin, Elgin, IL.

Buffalo Grove

Median rent price$2,100

11%

higher than the national median

Median rent price$1,775

lower than the national median

Takeaway

The median rent for all rentals in Buffalo Grove, Buffalo Grove, IL is 18% higher than the median rent in Downtown Elgin, Elgin, IL.

More data insights and reports

National Rent Report

Canadian Rent Report

Annual Rent Report

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