Hoffman Estates village: Median Gross Rent Trend
How Hoffman Estates village's median gross rent changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
$1,267
2023
$1,764
Total change
+$497
% change
+39.2%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $1,267 | — |
| 2019 | $1,398 | +$131 (10.3%) |
| 2020 | $1,417 | +$19 (1.4%) |
| 2021 | $1,490 | +$73 (5.2%) |
| 2022 | $1,661 | +$171 (11.5%) |
| 2023 | $1,764 | +$103 (6.2%) |