Rentometer, Inc. | Data as of 10/22/2025
Buffalo Grove, a thriving suburb of Chicago in Cook and Lake counties, blends small‑town charm with easy access to the city’s cultural and employment centers. Families and professionals alike enjoy tree‑lined streets, top‑rated schools, and a vibrant community calendar featuring events at the Buffalo Grove Park District and nearby Lake Cook Road shopping corridor. The village’s extensive bike trails, lush parks such as Oakland Woods, and proximity to the Illinois Prairie Path make outdoor recreation a daily option, while a variety of dining and boutique retail spots add a lively urban feel.
The rental market in Buffalo Grove offers a balanced mix of apartments and single‑family homes, catering to a wide range of lifestyle needs. One‑bedroom apartments generally sit in the $2200‑$2300 range, while two‑bedroom units are typically priced around the $2200‑$2300 mark, reflecting a modest increase for added space. Larger three‑bedroom apartments trend toward the $3000‑$3200 bracket. For those seeking a house, two‑bedroom homes are often found in the $2400‑$2600 range, three‑bedroom residences hover near $3100, and spacious four‑plus‑bedroom properties command prices in the $3500‑$3800 spectrum. This diverse inventory supports both first‑time renters and growing families looking for long‑term stability.
Neighborhoods such as the historic Oakwood and the newer Oak Trails showcase the village’s blend of classic charm and modern development, each featuring convenient access to major highways like I‑94 and public transit options for commuters. Buffalo Grove rentals benefit from the area’s reputation for safety, well‑maintained amenities, and a strong sense of community, making the village a sought‑after destination for renters throughout the Illinois market.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $2,248 | $2,165 | $1,800 - $2,965 | $1,935 - $2,450 |
| Apartment | 2 Bedroom | $2,326 | $2,260 | $950 - $3,885 | $1,925 - $2,650 |
| Apartment | 3 Bedroom | $3,018 | $2,520 | $2,150 - $4,385 | $2,150 - $4,385 |
| House | 2 Bedroom | $2,398 | $2,470 | $2,000 - $2,800 | $2,100 - $2,650 |
| House | 3 Bedroom | $3,117 | $3,150 | $2,400 - $3,650 | $2,800 - $3,345 |
| House | 4+ Bedroom | $3,797 | $3,500 | $3,000 - $5,150 | $3,300 - $4,400 |
In the current period, the average rent in Buffalo Grove was $2,180 for 1 Bedroom, $2,357 for 2 Bedroom, $3,109 for 3 Bedroom, and $3,717 for 4+ Bedroom.
Data provided by Rentometer, Inc.