Apartments for Rent in Elgin, IL

The best apartments in Elgin, IL are: Blackhawk Apartment Homes, 1208 Kenneth Cir, 1212 Larkin, 39 Surrey Drive and 558 Franklin Boulevard, Unit #2.

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

The price range for a 1-bedroom apartment in Elgin, IL is between $1,300 and $2,115.

The price range for a 2-bedroom apartment in Elgin, IL is between $1,540 and $2,846.

The price range for a 3-bedroom apartment in Elgin, IL is between $1,641 and $2,887.

In Elgin, 28% of the residents are renting compared to 72% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 8% of Elgin's rentals, 69% are small-scale complexes with under 50 units, and 22% are single-family rentals.

The average age of rental buildings in Elgin is 43 years old, with 21% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 4 stories, of which 87% are garden-style apartment communities, 17% are mid-sized buildings, and 13% are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

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.