Average Rent in Buffalo Grove, IL

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Current Versus Historical Buffalo Grove, IL Rents

Buffalo Grove rentals average $3,250 for a 4-bedroom. The median price of all currently available listings is $3,250, or roughly $22 per square feet.

For the apartment units and housing in September 2026, median rents have been roughly unchanged over the last year. 1-bedroom rentals prices have increased by $0 (0.00%) year-over-year from $2,200 to $2,200. 3-bedroom rentals prices have increased by $991 (32.98%) year-over-year from $3,004 to $3,995. 4-bedroom rentals prices have decreased by $17 (-0.50%) year-over-year from $3,367 to $3,350. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. 1-bedroom rents have gone down by 0.00% this month. 3-bedroom rents have gone down by 0.00% this month. 4-bedroom rents have gone up by 0.55% this month.

Beds	Price / Sqft	Sep 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
4+ BR	$21.68	$3,350	$3,367 (-0.50%)	$2,700 (24.07%)

Historical Rents in Buffalo Grove, IL

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Buffalo Grove

There are a total of 5 cities nearby Buffalo Grove. The average rent in Buffalo Grove is currently $2,500 per month. A total of 5 cities nearby have an average rent lower than that. Our records show that Palatine, IL, with an average rent of $1,900, is the most affordable city nearby. In contrast, the most expensive city near Buffalo Grove, IL is Buffalo Grove, IL. Monthly rents here are on average $2,750 per month.

Want more information? Check out the top 5 cities near Buffalo Grove, IL in the following table.

City	Studio	1 Bed	2 Bed	All
Palatine, IL	N/A	$1,500	$1,900	$1,900
Schaumburg, IL	N/A	$2,358	$2,250	$2,400
Vernon Hills, IL	N/A	$1,900	$2,300	$2,500
Arlington Heights, IL	$1,250	$1,850	$2,250	$2,500
Buffalo Grove, IL	N/A	$1,750	$2,525	$2,750

Top Neighborhoods Near Buffalo Grove

Neighborhood	Studio	1 Bed	2 Bed	All

Top Counties Near Buffalo Grove

There are a total of 8 counties located by Buffalo Grove, IL. Some of these counties include Palatine, IL, Wheeling, IL, and Libertyville, IL. The average rent for rentals in these counties is $2,499. That's roughly around $24 per sqft. A total of 8 counties have a lower average rent. The county that is the most affordable is Palatine, IL. Its average rent per month is $2,277. Vice versa, with an average rent of $3,075, Northfield, IL is the most expensive county by Buffalo Grove, IL.

We've listed all of these counties in the table below.

County	Studio	1 Bed	2 Bed	All
Palatine, IL	N/A	$2,240	$1,900	$2,277
Wheeling, IL	$1,250	$1,843	$2,100	$2,300
Libertyville, IL	$1,550	$1,900	$2,200	$2,400
Elk Grove, IL	N/A	$1,850	$2,050	$2,498
Maine, IL	N/A	$1,500	$2,400	$2,500
Schaumburg, IL	N/A	$1,600	$2,200	$2,500
Vernon, IL	N/A	$1,550	$2,400	$2,925
Northfield, IL	N/A	$1,695	$2,395	$3,075

Top Zipcodes Near Buffalo Grove

Zipcode	Studio	1 Bed	2 Bed	All

Frequently Asked Questions - Buffalo Grove Average Rents

What is the average rent price in Buffalo Grove, IL?

The average monthly rental price for Buffalo Grove, IL apartments for rent is approximately $3,250. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Buffalo Grove, IL rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Buffalo Grove, IL.

How have rent prices in Buffalo Grove, IL changed this year?

Rent prices for rentals in Buffalo Grove, IL can fluctuate yearly. Specifically, one bedroom rental prices have changed by 0.00%, three bedroom rental prices have changed by 0.33% year-over-year.

What is a reasonable rent price in Buffalo Grove, IL?

A reasonable rent price in Buffalo Grove, IL is around $2,600/month. You can search for these reasonably priced rental listings on RentHop.