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Rolling Meadows, IL

Full City Profile · Illinois · McHenry County County

3.8 /5.0
B+ Good
23,981 Population 4,267/sq mi density
$100,424 Median Income $46,475 per capita
$299,700 Home Value $315,543 Zillow
$1,563 Median Rent 26.3% income on rent
48°F Avg Temperature 246 sunny days/yr
80 Violent Crime/100K 1,067 property/100K
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$100,424 median income, 3.2% unemployment
A+
Affordability
5.0 / 5.0
$299,700 home value, $1,563/mo rent
F
Safety
1.0 / 5.0
80 violent crimes/100K
A
Education
4.2 / 5.0
40.5% bachelor's degree or higher

Housing Overview

Median Home Value
$299,700
6% above
US avg: $281,900
Median Rent
$1,563/mo
34% above
US avg: $1,163/mo
Homeownership Rate
73.2%
12% above US avg (65.4%)
Total Housing Units
9,602
Median year built: 1971

Home Value by Source

Census Median
$299,700
Zillow (ZHVI)
$315,543
Median Sale Price
$322,500
Median List Price
$274,950
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

73.2%
Owner-Occupied
26.8%
Renter-Occupied
73%
27%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent: $1,563/mo · Zillow rent: $2,000/mo

Market Indicators (Redfin)

Median Days on Market
35 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
18
Price Drops
9.8%
of listings with price reduction
Price Per Sq Ft
$257
Active Inventory
41
homes for sale

Affordability & Housing Stock

Rent Burden
26.3%
of renters spending 30%+ of income on housing
15% below US avg (31.0%)
Median Year Built
1971
Average age of housing stock: 55 years
Homeownership Rate
73.2%

Complete Housing Data

Home Values

Census Median Value$299,700
Zillow Home Value (ZHVI)$315,543
Median Sale Price$322,500
Median List Price$274,950
Price Per Sq Ft$257

Rent

Census Median Rent$1,563
Zillow Rent (ZORI)$2,000
FMR Studio$774
FMR 1-Bedroom$854
FMR 2-Bedroom$1,063
FMR 3-Bedroom$1,370
FMR 4-Bedroom$1,561

Market

Days on Market35
Sale-to-List Ratio1.0%
Price Drops9.8%
Homes Sold18
Active Inventory41
Price Per Sq Ft$257

Ownership & Stock

Owner-Occupied73.2%
Renter-Occupied26.8%
Homeownership Rate73.2%
Total Housing Units9,602
Median Year Built1971
Rent Burden26.3%