What is the average apartment size in Hanover Park?

The average size for a Hanover Park, IL apartment is 829 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

What is the average rent in Hanover Park?

As of Jan / 2026, the average rent in Hanover Park is $1,480 per month, a 0.3% increase from last years average of $1,476.

What is the average apartment size in Hanover Park?

The typical apartment in Hanover Park offers about 829 sq. ft. square feet of living space, though actual sizes vary depending on layout and amenities.

Hanover Park, IL Rental Market Trends

Q: What's the typical rent budget in Hanover Park?

The typical rent budget in Hanover Park ranges from $1,501 to $2,000 per month, with 52% of rentals in this range.

Q: Do most people rent or own in Hanover Park?

In Hanover Park, 24% of households rent while 76% own their homes, based on the latest U.S. Census data.

Last updated: February 20, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Highlights

The average rent for an apartment in Hanover Park is $1,480, a 0.3% increase compared to the previous year, when the average rent was $1,476.

One-bedroom apartments provide 718 square feet for $1,311, balancing privacy and affordability.

Two-beedroom units at $1,655 offer 944 square feet, perfect for roommates or small families.

Average rent in Hanover Park, IL

Last updated: February 20, 2026

	Average Rent	Average Apartment Size
All Rentals	$1,480	829 sq. ft.
Studio	n/a	n/a
1 Bed	$1,311	718 sq. ft.
2 Beds	$1,655	944 sq. ft.
3 Beds	n/a	n/a

Hanover Park, IL rent trends

Rental prices in Hanover Park, IL have increased by 0.3% over the past year. The average rent moved from $1,476 to $1,480.

What's the typical rent budget in Hanover Park, IL?

The largest share of rentals in Hanover Park, IL (52%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.

Do most people rent or own in Hanover Park, IL?

2,685 or 24% of the households in Hanover Park, IL are renter-occupied while 8,525 or 76% are owner-occupied.

How Hanover Park Compares to Other Cities

City	Average Rent
Hanover Park	$1,480
Chicago	$2,454
Oak Park	$2,266
Evanston	$2,598
Naperville	$2,093
Skokie	$2,149
Aurora	$1,876
Champaign	$1,685
Dekalb	$1,105
Peoria	$1,209
Lombard	$1,989
Lisle	$1,885
Villa Park	$2,134
Schaumburg	$1,938
Oakbrook Terrace, IL	$2,394
Saint Charles, IL	$1,981
Arlington Heights, IL	$1,941
Downers Grove, IL	$2,067
Elgin, IL	$1,670
Glen Ellyn, IL	$1,860
Palatine, IL	$1,907

Where this data comes from

The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.

Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Hanover Park apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.

Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.