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Elgin, IL Rental Market Trends

What is the average rent in Elgin?

The average rent for an apartment in Elgin is $1,530. The cost of rent varies depending on several factors, including location, size, and quality.

Average rent in Elgin, IL

Last updated July 2023
Average Rent Average Apartment Size
$1,530 891 sq. ft.

What is the average apartment size in Elgin?

The average size for a Elgin, IL apartment is 891 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.

Elgin, IL apartment rent ranges

Elgin, IL Occupied Housing Units

11,449 or 30% of the households in Elgin, IL are renter-occupied while 26,719 or 70% are owner-occupied.

Elgin, IL rent trends

Access comprehensive real estate data and information on Yardi Matrix

How Elgin Compares to Other Cities

City Average Rent
Chicago $2,309
Oak Park $2,118
Evanston $2,295
Aurora $1,665
Naperville $1,904
Skokie $1,830
Dekalb $1,012
Champaign $1,507
Lansing $1,137
O'Fallon $1,631
Schaumburg $1,794
Arlington Heights $1,875
Crystal Lake $1,569
Glen Ellyn $1,371
Kenosha $1,294
Lombard $1,833
Saint Charles $1,860
Carol Stream $1,652
Warrenville $2,197
Elgin $1,530
Bolingbrook $1,814

What is the average price for a storage unit in Elgin?

The average rent for a non-climate-controlled 10'x10' storage unit in Elgin is $126. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.

Most Popular Apartments in Elgin

926 Congdon Ave 1-3 Beds Apartment for Rent
Today

Blackhawk Apartment Homes

926 Congdon Ave, Elgin, IL 60120
1 BED $1,365+
2 BEDS $1,580+
3 BEDS Ask for Pricing
313 Mill St 4 Beds Apartment for Rent
Today

313 Mill St Elgin, IL 60123

313 Mill St, Elgin, IL 60123
4 BEDS $1,790
21 S Du Bois Ave 3 Beds Apartment for Rent
Today

21 S Du Bois Ave Elgin, IL 60123

21 S Du Bois Ave, Elgin, IL 60123
3 BEDS $1,965
544 N Aldine Avenue 3 Beds Apartment for Rent
Today

544 N Aldine Avenue Elgin, IL 60123

544 N Aldine Avenue, Elgin, IL 60123
3 BEDS $2,265
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