Home prices
The median home in Rolling Meadows is valued at $241,200. It is roughly $129,340 (34%) lower compared to the surrounding areas.Compared to the US as a whole it is about $23,700 (10%) higher, and it is roughly $16,800 (6%) lower in comparison to the city of Chicago.
Rents
In Rolling Meadows the median rent is $1,378 per month. In comparison to the surrounding areas it is approximately $300 (17%) lower.In comparison to the nation as a whole it is about $316 (29%) higher, and compared to the city of Chicago it is roughly $266 (23%) higher.
Nearby places
Arlington Heights
Arlington Heights is Rolling Meadows's neighbor to the northeast. Its housing prices are a lot more expensive. The median home price in Arlington Heights is $358,300, which is $117,100 (32%) higher than Rolling Meadows. Rent there is similar. In Arlington Heights the median rent is $1,368 a month, which is very similar to Rolling Meadows.
Palatine
Palatine is Rolling Meadows's neighbor to the north. Housing prices there are a little more expensive. The median home cost in Palatine is $284,400, which works out to $43,200 (15%) higher than Rolling Meadows. Rents there are somewhat less expensive. In Palatine the median monthly rent is $1,200, which works out to $178 (14%) lower than Rolling Meadows.
Schaumburg
Schaumburg is Rolling Meadows's neighbor to the southwest. Housing prices there are pretty similar. The price of the median home in Schaumburg is $251,100, which is $9,900 (3%) higher than Rolling Meadows. Rents there are pretty similar. Schaumburg's median rent is $1,440 a month, which comes out to $62 (4%) higher than Rolling Meadows.
Mount Prospect
Mount Prospect is about 3 miles east of Rolling Meadows. The housing prices there are somewhat more expensive. The median home in Mount Prospect costs $330,200, which works out to $89,000 (26%) higher than Rolling Meadows. Rents there are a little less expensive. The median rent in Mount Prospect is $1,132 per month, which works out to $246 (21%) lower than Rolling Meadows.
Inverness
Inverness is about 4 miles northwest from Rolling Meadows. The housing prices there are substantially more expensive. The cost of the median home in Inverness is $628,700, which works out to $387,500 (61%) higher than Rolling Meadows. Its rents are significantly more expensive. In Inverness the median monthly rent is $3,250, which comes out to $1,872 (57%) higher than Rolling Meadows.
