Long Grove renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in Long Grove is about $2,358 per month. This puts it in the 99th percentile compared to the state average cost of rent, which is $1,235. Households in Long Grove have a median income of $14,638 per month so the average renter in Long Grove is spending roughly 16% of their earnings on housing.
Nationally, and in Long Grove, home values are the data point most closely correlated with the cost of rent. The median price of a home in Long Grove is $572,102 right now, which is higher than nearby cities, meaning that rents in Long Grove also tend to be higher versus these nearby cities.
Higher rent prices are common in the central parts of Long Grove while lower rent rates are often available in northwestern areas.
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