Market Summary

Hoffman Estates, Cook County, IL

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Median Home Price Price

$371,010 $371K

Median Monthly Rent Rent

$3,867 $3.9K

GRM

8.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Cook County

Region Price Rent GRM Display
$359,753 $2,055 15.0x
$310,835 $4,126 6.0x
$305,122 $2,049 12.0x
$145,057 $1,821 7.0x
$354,293 $2,042 14.0x
$317,137 $1,555 17.0x
$291,046 $2,172 11.0x
$329,786 $2,288 12.0x
$401,863 $1,889 18.0x

Home prices

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Monthly rent

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GRM

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Similar markets within IL outside of Cook County

Region Price Rent GRM Display
$302,955 $2,495 10.0x
$359,907 $1,923 16.0x
$121,541 $1,235 8.0x
$315,099 $2,104 12.0x
$412,546 $2,322 15.0x
$308,879 $2,025 13.0x
$327,738 $1,461 19.0x
$413,419 $2,566 13.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of IL

Region Price Rent GRM Display
$759,400 $3,661 17.0x
$935,323 $3,858 20.0x
$182,771 $1,390 11.0x
$708,855 $3,854 15.0x
$742,878 $3,464 18.0x
$138,477 $1,299 9.0x
$496,482 $4,046 10.0x
$245,518 $1,919 11.0x
$960,142 $3,838 21.0x
$146,372 $1,315 9.0x
$1,157,703 $3,970 24.0x
$1,050,662 $3,862 23.0x
$168,833 $1,362 10.0x
$409,183 $1,863 18.0x
$1,286,469 $3,798 28.0x
$218,285 $1,629 11.0x
$373,902 $1,406 22.0x
$1,310,690 $3,412 32.0x
$341,117 $1,153 25.0x
$516,904 $3,854 11.0x
$1,006,010 $3,484 24.0x
$705,652 $4,315 14.0x
$167,357 $1,667 8.0x
$340,875 $1,722 16.0x
$1,362,503 $4,295 26.0x
$1,268,985 $4,120 26.0x
$202,464 $2,880 6.0x
$525,607 $3,278 13.0x
$327,569 $2,632 10.0x
$166,105 $1,216 11.0x
$1,405,765 $3,804 31.0x

Home prices

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Monthly rent

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GRM

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Hoffman Estates

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Trend Insights

Median Rent in Hoffman Estates, IL is $3,867, with MoM change +$43 and YoY change +$344 pointing to positive momentum while volatility is low (std $88).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Hoffman Estates, IL.

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Metric
Base market Hoffman Estates, IL
Compare market Select a market
Delta vs base
Median rent
$3,867
N/A
Median price
$371,010
N/A
YoY change
+$344
N/A
Price-to-rent
8.0x
Data unavailable
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