Rentometer, Inc. | Data as of 10/22/2025
Hanover Park, Illinois, offers a balanced blend of suburban tranquility and convenient access to Chicago’s metropolitan amenities, making it a sought‑after destination for renters seeking both comfort and connectivity. The city’s well‑maintained neighborhoods feature tree‑lined streets, plentiful parks, and easy access to major highways, providing a family‑friendly environment while remaining within a reasonable commute to downtown. Residents enjoy proximity to local attractions such as the historic Schaumburg Prairie Center and the bustling Hanover Park Town Center, which hosts a variety of shopping, dining, and entertainment options.
The rental market in Hanover Park reflects a diverse range of housing choices, from modern one‑bedroom apartments ideal for young professionals to spacious multi‑bedroom homes suited for growing families. Apartment seekers can find comfortable one‑ and two‑bedroom units typically falling in the $1300s to $1600s range, while larger families often opt for single‑family houses that start in the $2000 range and extend to premium properties exceeding $3000, offering ample living space and private yards. These options cater to a wide spectrum of lifestyle preferences, ensuring that renters can find a home that aligns with their needs and budget.
Beyond its residential appeal, Hanover Park benefits from excellent schools, a range of community events, and easy access to public transportation, including Metra rail lines that connect commuters to the greater Chicago area. Whether you’re looking for a cozy apartment close to vibrant retail hubs or a larger home near tranquil parks and reputable schools, Hanover Park’s rental market provides a welcoming and versatile setting for a variety of renters.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $1,337 | $1,370 | $1,271 - $1,370 | $1,271 - $1,370 |
| Apartment | 2 Bedroom | $1,622 | $1,560 | $1,495 - $2,000 | $1,525 - $1,595 |
| House | 2 Bedroom | $1,973 | $1,922 | $1,850 - $2,200 | $1,850 - $2,200 |
| House | 3 Bedroom | $2,584 | $2,600 | $2,000 - $3,200 | $2,350 - $2,795 |
| House | 4+ Bedroom | $3,615 | $2,950 | $2,700 - $8,200 | $2,800 - $3,500 |
In the current period, the average rent in Hanover Park was
$1,217 for 1 Bedroom,
$1,763 for 2 Bedroom,
$2,584 for 3 Bedroom, and
$3,042 for 4+ Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.