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Apartments in Hanover Park

1 - 7 of 7 Results
40
$1,725
Chicago - Hanover Park
1075 Lake St Hanover Park, IL
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Short-term
Air Conditioning
Covered Parking
8
$969 - 1,038
West Line Greystone
4.2
1700 Ontarioville Rd, 201A Hanover Park, IL
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Income Restricted
Fitness Center
Pool
11
$855
7902 Pebblebrook Cir
Hanover Park, IL
1 BR | Available Now
Contact
House
Dishwasher
19
$3,490
7008 Hawthorne Ln
Hanover Park, IL
4 BR | Jan. 1, 2025
Contact
House
Balcony/Deck/Patio
Dishwasher
13
$2,750
7208 Farmstead Ln Unit Townhome
Hanover Park, IL
3 BR | Available Now
Contact
Dishwasher
$1,370 - 1,695
Hanover Park Blu Apartments
2300 Glendale Ter Hanover Park, IL
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
$1,069 - 1,344
West Line
4.2
1700 Ontarioville Rd, 201A Hanover Park, IL
Studio - 2 BR | Available Now
Contact
Ontarioville
1 - 7 of 7 Results
  1. Home
  2. Chicago Area Apartments
  3. Hanover Park

How much does it cost to rent an apartment in Hanover Park?

Hanover Park Apartments
Bed Type Average Rent Range
Studio $970 $970 - $1,730
1BR $1,040 $910 - $1,410
2BR $1,670 $1,340 - $1,700
Frequently Asked Questions

How many apartments are available in Hanover Park, IL on Rentable.co?

Rentable.co has over 722 apartments available in Hanover Park.

What is the average rent for a studio apartment in Hanover Park, IL?

The average rent for a studio apartment in Hanover Park is around $970 per month.

What is the average rent for a one-bedroom apartment in Hanover Park, IL?

The average rent for a one-bedroom apartment in Hanover Park is around $1,040 per month.

What is the average rent for a two-bedroom apartment in Hanover Park, IL?

The average rent for a two-bedroom apartment in Hanover Park is around $1,670 per month.

How expensive is it to rent an apartment in Hanover Park, IL?

For a two-bedroom apartment in Hanover Park, the average rent price is $1,670 per month, which is similar to the national average of $1,600 per month.

Can I afford an apartment for rent in Hanover Park, IL?

Based on average rent prices in Hanover Park, to afford a studio apartment you would need an annual household income of $39,000 to live comfortably.

Neighborhoods

Ontarioville

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Hanover Park:
December Rent Report

Welcome to the December 2024 Hanover Park Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the December 2024 key findings and figures for the Hanover Park rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Hanover Park and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Hanover Park average rent prices in the chart below.

Monthly Rent Report

$1,550
$1,160
$780
$390
$0
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
1 BR       2 BR

Hanover Park Rent Prices Decrease From November to December

Hanover Park rent prices decreased over the last month. From November to December, the city experienced a -0.1% decrease for the price of a one-bedroom apartment. The rent price for a Hanover Park one-bedroom apartments currently stands at $1,024.0.

When we take a look at the two-bedroom comparison from November to December, Hanover Park experienced a -0.23% decrease for the price of a two-bedroom apartment. The rent price for a Hanover Park two-bedroom apartments currently stands at $1,329.0.

December Prices: Hanover Park vs. Surrounding Areas

Rent Prices in Hanover Park and Surrounding Areas

Rent prices have decreased in Hanover Park over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Hanover Park suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Hanover Park suburbs

  • Rents did not decrease in any of the Hanover Park suburbs.

December 2024 Pricing Trends: Hanover Park vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,134
$3,160
$2,389
$2,353
$1,914
$1,318
$1,255
$1,234
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Hanover Park Rent Prices More Affordable Than Major Cities

Rent growth in Hanover Park over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Hanover Park average rent prices appear to be relatively affordable for local residents.

The price for a Hanover Park one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Hanover Park and surrounding area rent prices, take a look at the complete data set below.

Data set for Hanover Park and suburbs

1 BR December 1 BR M/M % Change 2 BR December 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.

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