Property prices for rent in Hoffman Estates (Illinois)

The rent prices in real estate in Hoffman Estates, in the Illinois region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.

$1,369
Average price last 6 months
$1.65
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Hoffman Estates has barely changed in the last 6 months. In January, the average price per sq.feet was $1.69. In February this price barely changed remaining at $1.7 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.7 to $1.63 per sq.feet. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $1.66 to $1.62 during May y June

Average price

When referring to the price in Hoffman Estates (cities), there have hardly been any changes in the last 6 months. In our first sample month during January, the average price is $1,372. In February This price remains at $1,343. In the following two months the average price has hardly changed with regard to the previous two months from $1,357.5 to $1,346. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $1,351.75 and $1,403.5 between May and June.

Average price per bedrooms

The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $1,426 they are 21 % more affordable than the average price for Hoffman Estates . The properties with the highest average price have 4 bedrooms, Their price is 75 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,929.

With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1.59 / sq.feet, with an average $1.59 / sq.feet price in Hoffman Estates. The properties with the most expensive average prices have 1 bedroom. They are 14 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.59 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,426 it is 27 % more affordable than the average price in Hoffman Estates. "Townhouse" is seen as the second most affordable property type. The most expensive property type is "Townhouse" followed by "". At a price of $1,044 it is 2 % more expensive than the average price.

According to the average area price by sq.feet the most expensive property type is "Townhouse with an average cost of $14 / sq.feet. "Townhouse" at an average price of $14 / sq.feet has the highest price and would be directed at more affluent cities.

Charts data
Average price June
Average price per sq.feet June
Number of properties used in Hoffman Estates
Number of properties used in region Illinois
$1,426
$1.59
776
198,994
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value