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Look for studio apartments near me
Are you looking to land a small but cool studio apartment near you? Is an unbeatable location more important to you than lots of space? You can now browse through all available RentCafe listings, to find the perfect studio apartment near you, in your favorite neighborhood, ZIP code, or in another city or state in the U.S. wherever life takes you. Check the ratings and reviews of properties with studio apartments, filter them based on your criteria, and find the one that suits your needs.
Compare the size, price and location, as well as amenities, both inside and outside the apartment. Whether you are looking for a more modern studio near you, or one in a charming old building, or maybe you want to be close to a certain park, the downtown area of your city, or near family or friends, RentCafe allows you to find the best fit for you - so, let's find your new home!
Frequently Asked Questions
What is the average size of a studio apartment in Elgin, IL?
The average Elgin, IL studio apartment size is 660 sq. ft.
What are the advantages of renting a studio apartment in Elgin, IL?
Studio apartments in Elgin, IL tend to be more affordable than other apartments and they have lower utility costs.
What are the downsides of renting a studio apartment in Elgin, IL?
One of the downsides of living in a studio apartment is the limited storage space. You might be interested in 1 bedroom apartments, 2 bedroom apartments or 3 bedroom apartments, or browse all RentCafe apartments for rent in Elgin, IL.
Elgin, IL Demographics
- Total Population112,062
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Female 56,672Male 55,390
- Median Age34.9
The total population of Elgin, IL is 112,062, of which 56,672 are men and 55,390 are women, according to the most recent U.S. Census Bureau estimates. The residents of Elgin have a median age of 34.9.
Average Rent in Elgin, IL
- Elgin, IL Average Rental Price, June 2022 $1,407 /mo
Apartments in Elgin, IL rent for $1,407 per month, on average.
Elgin, IL Apartment Rent Ranges
15% of apartments in Elgin, IL are priced between $701-$1,000. About 53% charge rents in the $1,001-$1,500 range. Approximately 27% of Elgin’s apartment rentals are priced between $1,501-$2,000. Meanwhile, 6% of apartments are in the most expensive > $2,000 range.
Elgin, IL Rent Trends
| Average Rent | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Mar / 2021 | Jul / 2021 | Nov / 2021 | Jun / 2022 |
|---|---|---|---|---|---|---|---|---|---|---|
| Elgin, IL | $1,080 | $1,121 | $1,102 | $1,147 | $1,248 | $1,196 | $1,282 | $1,354 | $1,400 | $1,407 |
| National | $1,367 | $1,399 | $1,407 | $1,409 | $1,399 | $1,403 | $1,412 | $1,495 | $1,591 | $1,628 |
The average monthly rent in Elgin, IL is around $1,407, while the national average rent is $1,628.
Elgin, IL Households
- Total Number of Households36,825
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Family 26,310Non-family 10,515
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Children 13,820No Children 23,005
- Average People Per Household2.99
- Median Household Income$72,999
- Median Housing Costs Per Month$1,262
A total of 36,825 households live in Elgin, IL, of which 26,310 are family households and 10,515 are non-family households, per U.S. Census estimates. Of these, approximately 13,820 households have children and 23,005 households do not have children. The average size of a household in Elgin, IL is 2.99. The median household income in Elgin is $72,999 annually, with $1,262 per month going towards housing.
Elgin, IL Education Statistics
According to Census data, 10% of the population in Elgin, IL have no high school education, 34% went to high school, 26% have some college education, 8% earned an Associate Degree, 15% earned a Bachelor Degree, and 8% earned a Graduate Degree.
Renting a studio apartment in Elgin, IL
Studio apartments are becoming more popular than ever. Just type the two words in your search box and you’ll discover an infinite number of pages praising these single bedroom apartments and offering invaluable advice on how to transform yours into the perfect home. Whether you’re looking to put some money aside, or you just want to declutter and downgrade, RentCafe will help you choose from a fine selection of 12 Elgin, IL properties. About 12 rental units are located in Elgin, IL, with the average rent currently at $2,271. The average size for a Elgin, IL studio apartment is 865 Sq.Ft., but it doesn’t hurt to know that not all studios are the same. If you’re looking for cheap apartments, you can find a great deal for as low as $900. One room apartments with the kitchen in the main room are usually the most affordable. Opting for a cheap studio is a great decision for your wallet, even if it might take some getting used to living in a smaller space.
They’re not called efficiency apartments for nothing
We might all be victims of the “go big or go home” philosophy, but just think about all the benefits a small apartment can bring. Choosing an efficiency apartment means that you can live in the best part of town. Also, imagine how little time you’ll have to spend cleaning or how little money you need to spend on furniture and decor. Once you find an efficiency apartment you like, don’t let it slip away. You can apply for a lease online right here on RentCafe. If you still want to go bigger and you’re not on a tight budget, you can check out some bachelor flats that have a separate kitchen. They tend to cost more than a one room apartment, the most expensive studios in Elgin, IL renting for up to $9,444. Regardless of your preference, among the 12 Elgin, IL apartments are, you’re sure to find a studio that fits your lifestyle and your personal taste.