Apartments for Rent in Elgin, IL

Prices and availability in Elgin, IL were last updated on 13 May 2026.

The best apartments in Elgin, IL are: Blackhawk Apartment Homes, 1208 Kenneth Cir, 1212 Larkin, Todd Farm Dr, Unit Unit C and 1450 Plymouth Lane, Unit 501.

The average rent in Elgin, IL is $1,558.

The price range for a 1-bedroom apartment in Elgin, IL is between $1,450 and $2,751.

The price range for a 2-bedroom apartment in Elgin, IL is between $1,555 and $3,107.

The price range for a 3-bedroom apartment in Elgin, IL is between $2,315 and $3,219.

In Elgin 29% of the housing is rented out compared to 71% of homes are owned, according to the most recent Census Bureau estimates. 7% of Elgin's apartments are found in large buildings of 50 units or more, 71% are located in smaller apartment complexes with less than 50 units, and 21% are single-family rentals.

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Elgin are about 43 years old, on average. Of these, 21% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 4 stories. About 87% of the rental communities here are low-rise, garden-style communities, 17% are mid-rises, and 13% are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Rental apartments in Elgin come in a range of sizes and floorplans. Studio apartments represent 6% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 42% of the total apartments in the city, while 2-bedroom floorplans represent around 41% of all rentals in Elgin. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.