South Elgin, IL Rental Market Trends
Last updated: October 20, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in South Elgin is $2,140, a 4.53% increase compared to the previous year, when the average rent was $2,047.
One-bedroom apartments provide 799 square feet for $1,832, balancing privacy and affordability.
Two-beedroom units at $2,391 offer 1,127 square feet, perfect for roommates or small families.
Average rent in South Elgin, IL
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $2,140 | 977 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $1,832 | 799 sq. ft. |
| 2 Beds | $2,391 | 1,127 sq. ft. |
| 3 Beds | n/a | n/a |
South Elgin, IL rent trends
Rental prices in South Elgin, IL have increased by 4.53% over the past year. The average rent moved from $2,047 to $2,140.
What's the typical rent budget in South Elgin, IL?
The largest share of rentals in South Elgin, IL (52%) 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 South Elgin, IL?
1,580 or 19% of the households in South Elgin, IL are renter-occupied while 6,867 or 81% are owner-occupied.
How South Elgin Compares to Other Cities
| City | Average Rent |
|---|---|
| South Elgin | $2,140 |
| 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 |
| Lisle, IL | $1,854 |
| Palatine, IL | $1,822 |
| Elgin, IL | $1,667 |
| Saint Charles, IL | $2,043 |
| Crystal Lake, IL | $1,948 |
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 South 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.