What is the average apartment size in Elgin?

The average size for a Elgin, IL apartment is 907 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

What is the average rent in Elgin?

As of Oct / 2025, the average rent in Elgin is $1,693 per month, a 8.82% increase from last year’s average of $1,556.

How much does rent cost by apartment size in Elgin?

In Elgin, studios rent for $921 per month, one-bedroom units average $1,527 per month, two-bedrooms cost around $1,839 per month, and three-bedroom apartments rent for about $1,956 per month

What is the average apartment size in Elgin?

The typical apartment in Elgin offers about 907 sq. ft. square feet of living space, though actual sizes vary depending on layout and amenities.

How large are apartments by bedroom count in Elgin?

Studio apartments in Elgin average 351 sq. ft., one-bedrooms offer 723 sq. ft., two-bedrooms are about 1,018 sq. ft., and three-bedroom apartments average 1,357 sq. ft.

Elgin, IL Rental Market Trends

Q: What's the typical rent budget in Elgin?

The typical rent budget in Elgin ranges from $1,501 to $2,000 per month, with 48% of rentals in this range.

Q: Do most people rent or own in Elgin?

In Elgin, 29% of households rent while 71% own their homes, based on the latest U.S. Census data.

Last updated: November 18, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Highlights

The average rent for an apartment in Elgin is $1,693, a 8.82% increase compared to the previous year, when the average rent was $1,556.

Studio Apartments at $921 offer the most budget-friendly option with 351 square feet, ideal for single renters prioritizing location over space.

One-bedroom apartments provide 723 square feet for $1,527, balancing privacy and affordability.

Two-beedroom units at $1,839 offer 1,018 square feet, perfect for roommates or small families.

Three-bedroom apartments deliver maximum space (1,357 sq ft) for $1,956, suitable for larger households.

Average rent in Elgin, IL

Last updated: November 18, 2025

	Average Rent	Average Apartment Size
All Rentals	$1,693	907 sq. ft.
Studio	$921	351 sq. ft.
1 Bed	$1,527	723 sq. ft.
2 Beds	$1,839	1,018 sq. ft.
3 Beds	$1,956	1,357 sq. ft.

Elgin, IL rent trends

Rental prices in Elgin, IL have increased by 8.82% over the past year. The average rent moved from $1,556 to $1,693.

What's the typical rent budget in Elgin, IL?

The largest share of rentals in Elgin, IL (48%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.

Do most people rent or own in Elgin, IL?

11,091 or 29% of the households in Elgin, IL are renter-occupied while 27,755 or 71% are owner-occupied.

Access comprehensive real estate data and information on Yardi Matrix

How Elgin Compares to Other Cities

City	Average Rent
Elgin	$1,693
Chicago	$2,432
Oak Park	$2,213
Evanston	$2,568
Rockford	$1,252
Skokie	$2,128
Peoria	$1,218
Aurora	$1,865
Naperville	$2,082
Waukegan	$1,365
Dekalb	$1,105
Schaumburg	$1,966
Arlington Heights	$1,979
Rolling Meadows, IL	$1,721
Saint Charles, IL	$2,009
Crystal Lake, IL	$2,006
Glen Ellyn, IL	$1,765
Palatine, IL	$1,851
Warrenville, IL	$2,278
Carol Stream, IL	$1,648
Wheaton, IL	$2,072

Where this data comes from

The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.

Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Elgin apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.

Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.