Rentometer, Inc. | Data as of 12/04/2025
Hanover Park’s rental market offers a balanced mix of apartments and single‑family homes, catering to a wide range of lifestyles. One‑bedroom apartments are especially popular among young professionals and couples, with typical rents landing in the $1300s. Larger units, such as two‑bedroom apartments and spacious houses, often move into the $2000‑$3000 range, providing flexible options for growing families or those seeking extra space.
The city’s residential landscape blends well‑maintained neighborhoods like Greenbrook and the historic downtown district, where tree‑lined streets and community parks create a welcoming atmosphere. Proximity to the Hanover Park Mall, numerous dining venues, and easy access to the Metra rail line make commuting to Chicago and surrounding suburbs convenient. For outdoor enthusiasts, the nearby Frances Park and River Trail offer scenic walking and biking paths, while local schools and community centers contribute to a family‑friendly environment.
Whether you’re looking for a modern apartment close to shopping and entertainment, or a larger house with multiple bedrooms near quality schools and green spaces, Hanover Park provides a diverse array of rental choices. The city’s steady demand and range of price points reflect a healthy, resilient market that continues to attract both new residents and long‑term renters seeking a vibrant Midwestern community.
| 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 | $2,590 | $2,600 | $2,100 - $3,200 | $2,350 - $2,795 |
| House | 4+ Bedroom | $3,550 | $3,000 | $2,500 - $8,200 | $2,800 - $3,500 |
In the current period, the average rent in Hanover Park was
$1,222 for 1 Bedroom,
$1,763 for 2 Bedroom,
$2,582 for 3 Bedroom, and
$3,021 for 4+ Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.