Cheap Apartments for Rent in Buffalo Grove, IL

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Apartments For Rent Near Buffalo Grove, IL

We found 30 more apartments matching your filters just outside Buffalo Grove

Average Rent Trends in Buffalo Grove, IL

Rent in Buffalo Grove, IL varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Nov 2026 compared to the previous month. Rent previously peaked in Aug 2025.
MonthAverage rent
Dec 2025$2,750
Jan 2026$2,750
Feb 2026$2,500
Mar 2026$2,750
Apr 2026$2,680
May 2026$2,500
Jun 2026$2,675
Jul 2026$2,650
Aug 2026$2,600
Sep 2026$2,600
Oct 2026$2,410
Nov 2026$2,750
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Average Rent By Bedroom and Home Type

In November 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$2,091$2,389$2,995$3,600$2,533
Townhomes$1,900$2,300$3,000$3,600$3,000
Apartments and Condos—$2,300$2,533—$2,400
Houses—$2,300$2,900$3,464$3,100

Frequently Asked Questions about Rentals in Buffalo Grove, IL

  • What is the average rent of an apartment in Buffalo Grove, IL?
    The average rent of an apartment in Buffalo Grove, IL is $2,282 per month. This is about 18% higher than the national average.
  • What are the cheapest months to find an apartment to rent in Buffalo Grove, IL?
    Last year, the cheapest month to find an apartment to rent was Jan 2025 when it was $2,350 per month.
  • How many cheap apartments are available in Buffalo Grove, IL?
    There are 17 apartments to rent that are cheaper than the city’s average rent of $2,533.
  • When is the average rent most expensive in Buffalo Grove, IL?
    In the last year, the average rent in Buffalo Grove, IL was highest in Aug 2025 when it was $2,935 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in Buffalo Grove, IL?
    The average rent of a 1 bedroom apartment in Buffalo Grove, IL is $2,091 per month. That is about $75 less than the cost of a studio apartment.
  • What are some zip codes in Buffalo Grove, IL?
    Buffalo Grove, IL includes zip codes such as: 60089.
  • What are some cities near Buffalo Grove, IL?
    Some nearby cities include: Lincolnshire, Long Grove, Wheeling, Riverwoods, Indian Creek. These cities may have more rental options to explore.