Apartments for Rent in Elgin, IL

Prices and availability in Elgin, IL were last updated on 10 Sep 2026.

The best apartments in Elgin, IL are: Blackhawk Apartment Homes, 374 Jay St Elgin, IL 60120, 1208 Kenneth Cir, 1212 Larkin and 51 Surrey Drive.

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

The price range for a 1-bedroom apartment in Elgin, IL is between $1,530 and $2,426.

The price range for a 2-bedroom apartment in Elgin, IL is between $1,440 and $3,103.

The price range for a 3-bedroom apartment in Elgin, IL is between $1,641 and $3,478.

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 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.

Studio apartments in Elgin are around 6% of rentals, while 1-bedroom floor plans represent 42% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 41% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.