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City · 24,027 residents · Cook County, Illinois

Rolling Meadows , Illinois

In Rolling Meadows, a typical home is worth $326,200 and typical rent is $1,607 a month. Compared with all of Cook County, typical household income is 18% higher, typical rent is 12% higher, and the share of households that own their home is 14 points higher.

Rolling Meadows in numbers

  • Typical home value

    $326,200

    About the same as the county

    24% above Illinois

    • Rolling Meadows
    • Cook
    • Illinois
  • Typical rent

    $1,607a month

    12% above the county

    26% above Illinois

    • Rolling Meadows
    • Cook
    • Illinois
  • Typical household income

    $98,514a year

    18% above the county

    18% above Illinois

    • Rolling Meadows
    • Cook
    • Illinois
  • Households that own their home

    72%

    14 points above the county

    5 points above Illinois

    • Rolling Meadows
    • Cook
    • Illinois

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$336,512
7.4% more than 12 months ago
Typical home value from Zillow, September 2021 to September 2026: from $241,787 to $336,512.
Typical rent
$2,061 a month
5.2% more than 12 months ago
Typical rent from Zillow, December 2022 to September 2026: from $1,678 to $2,061.

From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).

Rolling Meadows is in Cook County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Cook County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Rolling Meadows apart

What this place has that others do not, from public data, most unusual first.

  1. 72% of households in Rolling Meadows own their home, against 58% in Cook County.

  2. The typical household income in Rolling Meadows is $98,514, 18% more than in Cook County as a whole ($83,498).

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Rolling Meadows

What homes there are in Rolling Meadows, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home
Kind of home: Rolling Meadows and its comparisons
MeasureRolling MeadowsCook CountyIllinoisUnited States
Detached house 53%40%58%61%
Attached house 9%6%6%6%
Building of 2 to 4 6%19%12%8%
Apartments (5 or more) 32%35%22%19%
Mobile home Unreliable estimate1%2%6%
Boat, RV and other Unreliable estimate0%0%0%

The detached house rules in Rolling Meadows: 53% of homes, more than in Cook County (40%).

Year built
Year built: Rolling Meadows and its comparisons
MeasureRolling MeadowsCook CountyIllinoisUnited States
Before 1960 29%49%38%26%
1960–1979 39%25%26%24%
1980–1999 21%14%20%25%
2000–2009 8%8%11%14%
2010 or later 3%5%6%11%

The typical home in Rolling Meadows was built in 1973, 12 years after the typical one in Cook County.

In Rolling Meadows, 54% of homes have 3 bedrooms or more, more than in Cook County (49%).

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes
Value of owner-occupied homes: Rolling Meadows and its comparisons
MeasureRolling Meadows
Under $100K Unreliable estimate
$100K–$200K 14%
$200K–$300K 24%
$300K–$500K 43%
$500K–$750K 12%
$750K–$1M Unreliable estimate
$1M or more Unreliable estimate
Monthly rent with utilities
Monthly rent with utilities: Rolling Meadows and its comparisons
MeasureRolling Meadows
Under $500 Unreliable estimate
$500–$999 Unreliable estimate
$1,000–$1,499 39%
$1,500–$1,999 32%
$2,000–$2,499 21%
$2,500–$2,999 Unreliable estimate
$3,000 or more Unreliable estimate

With a mortgage

$2,106 a month

Cook County: $2,270 a month

Without a mortgage

$954 a month

Cook County: $910 a month

Owners with a mortgage

65%

Cook County: 62%

The typical cost for an owner with a mortgage in Rolling Meadows is $2,106 a month, less than in Cook County ($2,270); without one, $954.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019
Change since 2015–2019: Rolling Meadows and its comparisons
MeasureRolling MeadowsCook CountyIllinoisUnited States
Typical home value +35%+32%+35%+53%
Typical rent +17%+28%+26%+33%
Typical household income +33%+29%+27%+29%

The typical home value in Rolling Meadows rose 35% since 2015–2019, more than in Cook County (32%).

Since 2015–2019, the typical rent in Rolling Meadows rose 17%, less than in Cook County (28%).

The typical household income in Rolling Meadows rose 33% over that time; home values changed +35% and rent +17%.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

How people live: Rolling Meadows and its comparisons
MeasureRolling MeadowsCook CountyIllinoisUnited States
Rental vacancy Unreliable estimate4.5%5.0%5.5%
Homeowner vacancy Unreliable estimate1.1%1.0%0.9%
More than one person per room 3.5%3.3%2.5%3.4%
People per household 2.532.432.462.53
Drive alone 72%55%66%69%
Carpool 8%8%8%9%
Public transit 2%12%6%3%
Walk or bike Unreliable estimate5%3%3%
Work from home 15%19%16%15%
Other means Unreliable estimate2%1%2%
Typical commute 20 to 29 minutes30 to 39 minutes20 to 29 minutes20 to 29 minutes

In Rolling Meadows, 3.5% of households live with more than one person per room, about the same as in Cook County.

Much as in Cook County, a household in Rolling Meadows has 2.53 people on average.

The car rules in Rolling Meadows: 72% of workers drive to work alone, and the typical trip takes 20 to 29 minutes.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Rolling Meadows?

A typical home costs more than the typical income allows

We start with a typical home in Rolling Meadows, worth $326,200, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 37% of the typical household income in Rolling Meadows, which is $98,514 a year. For that payment to be 28% of income, a household would need to earn about $128,648 a year.

The calculator's FHA and conventional loan limits are those of all of Cook County.

Your numbers

Local data
$

Starts at the typical home value in Rolling Meadows. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $11,417 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$3,002

at 7.18% · 30 years

Loan amount
$320,292
Total interest
$460,825
Paid off in
November 2056

Includes $5,509 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $2,299 a month

  • Tight

    $2,299 to $2,955 a month

  • Hard

    more than $2,955 a month

    Your payment · 37%

Compared with the typical household income in Rolling Meadows ($98,514 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$3,002
Monthly payment breakdown
Principal & interest$2,170
Property tax$552
Home insurance$136
FHA mortgage insurance (MIP)$144

You need at least $11,417 for the down payment, plus closing costs.

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

Total monthly payment $3,002; principal and interest $2,170.

The city and its county

Rolling Meadows and Cook County

Rolling Meadows is in Cook County, Illinois. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Map of Cook County, Illinois, with Rolling Meadows marked. Around it, the neighboring counties.

Rolling Meadows's own numbers

Typical home value
$326,200
Typical monthly rent
$1,607
Typical yearly household income
$98,514
Households that own their home
72%
Effective property tax rate
2.03%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Cook County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$2,011
Price change over 5 years (FHFA)
+42%
Homes in a high flood-risk zone
1%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Cook County.

Everything about Cook County

Buying

Buying a home in Rolling Meadows

A typical home in Rolling Meadows is worth $326,200: about the same as the county and 24% above Illinois. With the typical household income in Rolling Meadows ($98,514 a year), a typical home costs 3.3 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Rolling Meadows 3.3 years
  • Cook 3.9 years
  • Illinois 3.2 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Cook County

According to FHFA’s house price index, home prices in Cook County rose 61% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Cook County.

Yearly change in FHFA’s price index in Cook County, 2016 to 2025
  1. 2020: +0.9%
  2. 2021: +7.2%
  3. 2022: +11.3%
  4. 2023: +5.7%
  5. 2024: +6.4%
  6. 2025: +5.5%
Change in FHFA’s price index in Cook County, Illinois and the United States
Period County Illinois U.S.
Last year (2025) +5.5% +5.7% +2.9%
5 years (2020–2025) +42% +47% +47%
10 years (2015–2025) +61% +65% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Rolling Meadows next to Cook County, Illinois and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Rolling Meadows $326,200
  • Cook $324,500
  • Illinois $263,300
  • United States $332,700
Typical monthly rent
  • Rolling Meadows $1,607
  • Cook $1,435
  • Illinois $1,274
  • United States $1,413
Typical yearly household income
  • Rolling Meadows $98,514
  • Cook $83,498
  • Illinois $83,390
  • United States $80,734
See the full table
Rolling Meadows next to Cook County and Illinois
Measure Rolling Meadows Cook County Illinois U.S.
Typical home value $326,200 $324,500 $263,300 $332,700
Typical monthly rent $1,607 12% above the county $1,435 $1,274 $1,413
Typical yearly household income $98,514 18% above the county $83,498 $83,390 $80,734
Households that own their home 72% 14 points above the county 58% 67% 65%
Typical yearly property tax $6,636 7% above the county $6,191 $5,298 $3,119
Effective property tax rate 2.03% 0.12 points above the county 1.91% 2.01% 0.94%
Renters with high rent for their income 44% 5 points below the county 49% 48% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Cook County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Rolling Meadows

For a typical $326,200 home in Rolling Meadows, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Rolling Meadows's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $3,002a month

    Least cash to close
    Down payment
    $11,417
    Cash to close
    $21,203
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $144
  • Conventional, 5% down $2,942a month

    Down payment
    $16,310
    Cash to close
    $26,096
    Rate
    7.18%
    Mortgage insurance
    PMI · $155
  • Conventional, 20% down, no PMI $2,456a month

    Down payment
    $65,240
    Cash to close
    $75,026
    Rate
    7.18%
    Mortgage insurance
    None
  • ITIN, 15% down (example) $2,757a month

    Down payment
    $48,930
    Cash to close
    $58,716
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Rolling Meadows and for Cook County.

Property tax

Effective rate in Rolling Meadows

2.03%of the home’s value each year

$6,636 a year for the typical owner in Rolling Meadows.

  • Rolling Meadows 2.03%
  • Cook 1.91%
  • Illinois 2.01%

What Illinois publishes General Homestead Exemption (Illinois Department of Revenue)

Exemptions and deadlines in Illinois

Flood risk in Cook County

FEMA does not publish these numbers by city: they are for all of Cook County.

Homes in the high-risk zone
1%
12,558
Of those, with NFIP insurance
32%
Homes in the high-risk zone and with NFIP insurance: Cook County, Illinois and the U.S.
Measure County Illinois U.S.
Homes in the high-risk zone 1% 1.5% 3.5%
Of those, with NFIP insurance 32% 25% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Rolling Meadows

Typical rent in Rolling Meadows is $1,607 a month: 12% above the county. In Rolling Meadows, 44% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Cook County, by unit size. To pay the 2-bedroom one ($2,011 a month) without spending more than 30% of your income, you would need to earn $38.67 an hour working full time.

HUD fair market rent for all of Cook County

What you need to earn to pay it without spending more than 30% of income, working full time.

HUD fair market rent in Cook County (Fiscal year 2027)
Size Fair rent a month Hourly wage Yearly income
Studio $1,678 $32.27 $67,120
1 bedroom $1,780 $34.23 $71,200
2 bedrooms $2,011 $38.67 $80,440
3 bedrooms $2,586 $49.73 $103,440
4 bedrooms $2,954 $56.81 $118,160

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Rolling Meadows

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Rolling Meadows is in ZIP code 60008.

For 2 bedrooms it is $2,160: $149 more than the fair market rent for Cook County ($2,011).

  • 60008 $2,160$2,780

A ZIP code counts for Rolling Meadows when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) (external site) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file (external site)

Is your rent high for your ZIP?

Low-income apartments

Low-income apartments in Rolling Meadows

HUD lists one building with rents for lower incomes in Rolling Meadows.

  • Plum Creek SLF 2801 Algonquin Rd, Rolling Meadows 60008 102 low-income homes · Studio: 77 · 1 bd: 25 · In service since 2006 · For older adults

See all 946 buildings in Cook County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Rolling Meadows

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

There are 42 HUD-approved agencies with an office in Cook County; 19 say they serve in Spanish.

A man smiles on a bench outside his apartment building.

HUD counseling is free or low-cost

Assistance programs in Rolling Meadows

No down payment, repair or rent-help program on our list is for Rolling Meadows or Cook County. The ones below are statewide in Illinois: they work in Rolling Meadows the same as in the rest of the state.

  • IHDAccess Home

    Statewide in Illinois

    Limited funds remain, per the source

    IHDA second loan with deferred payments for first-time buyers in Illinois. Offered by Illinois Housing Development Authority (IHDA).

  • IHDAccess Forgivable

    Statewide in Illinois

    Limited funds remain, per the source

    IHDA second loan forgiven little by little over ten years, for the down payment in Illinois. Offered by Illinois Housing Development Authority (IHDA).

  • IHDAccess Deferred

    Statewide in Illinois

    Limited funds remain, per the source

    IHDA second loan with no payments until you sell or refinance, for the down payment in Illinois. Offered by Illinois Housing Development Authority (IHDA).

Housing counselors near Rolling Meadows

The HUD-approved agencies closest to the center of Rolling Meadows, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • North West Housing Partnership

    1701 E Woodfield Rd Ste 203, Schaumburg · 2 miles away

    • Budget and financial counseling
    • Home improvement and repairs
    • and 4 more
  • Hana Center-Prospect Heights

    664 N Milwaukee Ave Ste 213, Prospect Heights · 7 miles away · Spanish

    Also serves in Korean.

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 10 more
  • Center of Concern

    1665 Elk Blvd, Des Plaines · 8 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 2 more

Every agency in Cook County All counseling agencies in Illinois

Help in Spanish near Rolling Meadows

1 of the 3 agencies on this list says it serves in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Rolling Meadows

HUD’s record names them for Rolling Meadows or Cook County. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.

  • Housing Authority Cook County Public housing and Section 8 vouchers (312) 542-4721

5 other authorities have an office in Cook County: see the list Source: HUD

Cities

Other cities in Cook County

These cities are also in Cook County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

See 84 more cities in Cook County, with prices and rents

Every city has its own page with prices, rents and help.

Questions

Housing questions about Rolling Meadows

Short answers with the numbers for Rolling Meadows and all of Cook County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Rolling Meadows?

The typical home value in Rolling Meadows is $326,200, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Cook County it is $324,500.

How much does it cost to rent in Rolling Meadows?

Typical rent in Rolling Meadows is $1,607 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Cook County is $2,011.

What is the FHA loan limit in Rolling Meadows?

Rolling Meadows uses the FHA limit for all of Cook County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.

How much property tax do owners pay in Rolling Meadows?

The typical homeowner in Rolling Meadows pays $6,636 a year, according to the U.S. Census Bureau. That is 2.03% of the home’s value; in Cook County, the rate is 1.91%.

Where can I find free help to buy or rent in Rolling Meadows?

There are 42 HUD-approved counseling agencies with an office in Cook County. 19 say they serve in Spanish. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).