Elk Grove Village, IL Rental Market Trends
Last updated: October 19, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Elk Grove Village is $1,679, a 3.17% increase compared to the previous year, when the average rent was $1,628.
One-bedroom apartments provide 744 square feet for $1,478, balancing privacy and affordability.
Two-beedroom units at $1,944 offer 1,022 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,246 sq ft) for $2,373, suitable for larger households.
Average rent in Elk Grove Village, IL
Last updated: October 19, 2025
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,679 | 863 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $1,478 | 744 sq. ft. |
| 2 Beds | $1,944 | 1,022 sq. ft. |
| 3 Beds | $2,373 | 1,246 sq. ft. |
Elk Grove Village, IL rent trends
Rental prices in Elk Grove Village, IL have increased by 3.17% over the past year. The average rent moved from $1,628 to $1,679.
What's the typical rent budget in Elk Grove Village, IL?
The largest share of rentals in Elk Grove Village, IL (51%) 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 Elk Grove Village, IL?
3,360 or 26% of the households in Elk Grove Village, IL are renter-occupied while 9,426 or 74% are owner-occupied.
How Elk Grove Village Compares to Other Cities
| City | Average Rent |
|---|---|
| Elk Grove Village | $1,679 |
| Skokie | $2,041 |
| Naperville | $2,057 |
| Chicago | $2,461 |
| Aurora | $1,856 |
| Evanston | $2,577 |
| Oak Park | $2,176 |
| Rockford | $1,260 |
| Lombard, IL | $1,986 |
| Arlington Heights, IL | $1,968 |
| Schaumburg, IL | $1,926 |
| Roselle, IL | $1,943 |
| Wheeling, IL | $2,060 |
| Rolling Meadows, IL | $1,745 |
| Glen Ellyn, IL | $1,620 |
| Mount Prospect, IL | $1,886 |
| Carol Stream, IL | $1,638 |
| Palatine, IL | $1,822 |
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 Elk Grove Village 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.