Elk Grove Village, IL Rental Market Trends
What is the average rent in Elk Grove Village?
The average rent for an apartment in Elk Grove Village is $1,321, a 7% increase compared to the previous year, when the average rent was $1,232.
Average Rent in Elk Grove Village, IL
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$1,321||7%||852 sq. ft.|
What is the average apartment size in Elk Grove Village?
The average size for a Elk Grove Village, IL apartment is 852 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.
Elk Grove Village, IL Apartment Rent Ranges
Elk Grove Village, IL Occupied Housing Units
4,480 or 33% of the households in Elk Grove Village, IL are renter-occupied while 8,781 or 66% are owner-occupied.
Elk Grove Village, IL Rent Trends
|Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Nov / 2019||Mar / 2020||Jul / 2020||Nov / 2020||Mar / 2021||Sep / 2021|
How Elk Grove Village Compares to Other Cities
|Average Rent||Y-o-Y Change|
|Elk Grove Village||$1,321||7%|