Rolling Meadows, Illinois.
Typical home $336,512 (+7.4% in a year), asking rent $2,061 (+5.2%). Chicago-Naperville-Elgin, IL-IN-WI metro.
to buy the typical home at today's mortgage rate — +$982 (+125%) since Jan 2020.
- 1 year
- Up $23,182 +7%
- $313,330$336,512 since Sep 2025
- 5 years
- Up $94,724 +39%
- $241,787$336,512 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Rolling Meadows$1,766
- Illinois$1,553
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 10 years.
Typical home values in Rolling Meadows, IL rose 7.4% over the past year — faster than the nation's +1.2%.
Asking rents in Rolling Meadows, IL rose 5.2% over the past year — faster than the nation's +2.7%.
Owning the typical home in Rolling Meadows runs $601/mo more than renting one — the widest that gap has been in this data.
That is $2,662 a month against $2,061 rent: a $1,766 mortgage payment, plus $535 property tax and $360 insurance & upkeep.
Owning vs renting — Rolling Meadows
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$2,662
- Renting$2,061
- Mortgage only$1,766
Property tax · $535/mo 1.91% of value a year — the ACS 2020-2024 median bill over the median home value for Cook County, IL
Insurance & upkeep · $360/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Living in Rolling Meadows, Cook County, Illinois
Rolling Meadows is a city of 24,200 people in Cook County. Half its households earn more than $98,514 a year and half less, against $83,498 across Cook County; 8% of its people live below the poverty line. 72% of its homes are lived in by their owners and 28% are rented. Unemployment in Cook County was 5.9% in August 2026, and the county had 1.1% more jobs in 2025 than the year before. The most residents work in schools and health care, then manufacturing.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Rolling Meadows is a city in Cook County, in the Chicago area. Most homes are lived in by their owners, and household incomes run higher than across the county as a whole. A good share of adults hold a four-year degree, and residents are of middle age on the whole. Winters are cold, with January the coldest month and highs hovering around freezing, while July brings warm days, and moisture arrives as both rain and melted snow through the year.
Work. Residents work mostly in schools, hospitals and social care, followed by manufacturing, professional and business services, and shops. Among the largest workplaces in Rolling Meadows are Telamon Corporation, Verizon Communications and the Northwest Special Recreation Association. A fair number of people work from home, and the typical commute is a moderate one. Across Cook County, unemployment is higher than a year earlier, while the number of jobs has edged up.
Things to do. Chicago's best-known sights are a longer drive away. The Art Institute of Chicago is a museum, and the Field Museum of Natural History is another, both a longer drive from town. Millennium Park, a garden in the city, is also a longer drive away, and Wrigley Field is a stadium reached the same way.
Report a mistake
- 9,336households
- 44%of adults have a degree
- 8%below the poverty line
- 26 mintypical commute
- 15%work from home
What residents work in
Employed residents by industry, from the Census survey. Cook County had 2,594,810 jobs in 2025, 1.1% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 32° and lows near 18°; warmest in July, with highs near 84° and lows near 66°. About 32 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Chicago Palwaukee Airport weather station, 7 miles away (NOAA).
Largest workplaces in Rolling Meadows
- Verizon CommunicationsWired telecommunications carriers588
- Newport IndustriesLow voltage electrical work463
- Northwest Special Recreation AssociationCommunity recreation programs, government312
- SI B FIELD ChicagoHvac contractors234
- Rolling Meadows Park DistrictParks, national225
- Bear Construction CompanyAddition, alteration and renovation general contractors, commercial and institutional building222
- City of Rolling MeadowsAmbulance and fire service combined196
- RTCShelving, commercial, merchant wholesalers196
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 26 workplaces with 20 or more staff, 4,342 people in all. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Cold wavesVery high
- Heat wavesRelatively high
- TornadoesRelatively high
- Inland floodingRelatively high
- Winter weatherRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Rolling Meadows’ census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Cook County and the Chicago-Naperville-Elgin, IL-IN-WI metro.
Rolling Meadows home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Rolling Meadows$336,512
- Illinois$295,943
- United States$366,157
Sellers are cutting prices on about 1 in 3 Rolling Meadows listings — the market is cooling.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Rolling Meadows30.70%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Rolling Meadows58
New listings per month
Sellers arriving at the market.
- Rolling Meadows23
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Rolling Meadows$355,147
- United States$371,553
Zip codes with a Rolling Meadows address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Rolling Meadows — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.