salaryRent here is among the highest 10% in the country. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are long, about 30.1 minutes each way. Most homes (89%) are owned, so rentals can be hard to find.
How much money do I need?
To rent here comfortably, you should earn about $117,000 a year. That is $56 an hour at a full-time job.
Is rent cheaper than other Illinois cities?
No. Rent here is more expensive than in most of Illinois. It is number 323 of 334 cities from cheapest to most expensive.
How much do households earn in Streamwood?
Share of households by yearly income. 34.5% of households earn $100,000 or more.
Rent by apartment size in Streamwood
| Size | Streamwood | U.S. average |
|---|---|---|
| 1 bedroom | $1,966 | $1,324 |
| 2 bedrooms | $1,788 | $1,509 |
| 3 bedrooms | $2,306 | $1,698 |
| 4 bedrooms | $2,281 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Streamwood overall?
Everyday prices in Illinois overall are same as the U.S. average (index 100.0, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Streamwood, so the Illinois figure is shown.
Taxes and bills in Streamwood
Life in Streamwood
Is it cheaper to rent or buy in Streamwood?
Buying is cheaper month to month: about $1,043 a month less than renting.
Owning assumes a typical $271,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $27,120 for the down payment.
Frequently asked questions
What is the average rent in Streamwood, IL?
Renting in Streamwood costs a median of about $2,925 a month in 2026, including utilities. The Illinois median is $1,517.
How much do I need to make to live in Streamwood?
To keep rent under 30% of income, you need about $117,000 a year, or $56 an hour at a full-time job.
Is Streamwood cheap or expensive?
Streamwood is rated Expensive: rent takes 32.2% of the typical household income of $109,164. It ranks 323rd cheapest of 334 Illinois cities we track.
How much are property taxes in Streamwood?
The median homeowner in Streamwood pays $6,040 a year in property taxes, about 2.23% of the median home value.
Is Streamwood more expensive than the national average?
Overall prices in Illinois are same as the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Streamwood?
The median home value in Streamwood is $271,200, about 2.5 times the typical yearly household income.
39,001 people live in Streamwood. Numbers are typical (middle) values.