5+ Days Ago
Highlights
- Hardwood floors
- Adults over the age
- Detached garage
Location
530 Locust St #1, Elgin, IL 60123, USA|Near West Elgin
Tour 530 Locust St #1
Contact
TANIS Group Realty
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Amenities for 530 Locust St #1, Near West Elgin
Apartment Amenities
| Hardwood Floor |
Grounds
| Garage Parking |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
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About 530 Locust St #1
This is the first floor unit in a 2 unit building with shared porch and detached garage. You will have use of 1 garage space. Unit offers hardwood floors, neutral paint and is ready for move in. Tenant pays their own gas and electric. $50/month will be added to rent for shared water bill. All adults over the age of 18 must apply. $40 application fee per adult. 580 minimum credit score, income must be greater than or equal to 3x monthly rent, no prior evictions, no felonies and no bankruptcies.
Address details
| Neighborhood | Near West Elgin |
|---|---|
| Zip code | 60123 |
| Type | House for rent |
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Rent trends in Near West Elgin
2-bedroom apartments at 530 Locust St #1 cost about 40% more than the average rent price for 2-bedroom apartments in Near West Elgin.
Median rents as of Jan 17 2026.
Near West Elgin
Elgin
| Month | Median Rent |
|---|---|
| February 2024 | $1,900 |
| March 2024 | $2,187 |
| April 2024 | $2,081 |
| May 2024 | $2,066 |
| June 2024 | $1,810 |
| July 2024 | $1,884 |
| August 2024 | $2,317 |
| September 2024 | $2,174 |
| October 2024 | $2,168 |
| November 2024 | $2,144 |
| December 2024 | $2,000 |
| January 2025 | $2,062 |
| February 2025 | $1,961 |
| March 2025 | $2,019 |
| April 2025 | $1,820 |
| May 2025 | $1,865 |
| June 2025 | $1,985 |
| July 2025 | $2,012 |
| August 2025 | $1,989 |
| September 2025 | $1,965 |
| October 2025 | $1,952 |
| November 2025 | $1,815 |
| December 2025 | $1,789 |
| January 2026 | $1,836 |
| Month | Median Rent |
|---|---|
| October 2017 | $1,050 |
| November 2017 | $1,050 |
| December 2017 | $975 |
| March 2020 | $1,200 |
| April 2020 | $1,200 |
| November 2020 | $1,090 |
Affordability calculator
Can I afford to live at 530 Locust St #1?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$60,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $60,000 annually to afford this 2-bedrooms monthly rent price of $1,500.
For more information on rent affordability, visit our rent calculator.
Schools near 530 Locust St #1
Washington Elementary School
819 w chicago st
elgin, IL, 60123
PK, K-6Public
C
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Internet available near 530 Locust St #1
Neighborhood
Near West Elgin | Elgin, IL
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Elgin near 530 Locust St #1
Walking
5/10
Some shops and stores are within a few minutes.
Driving
7/10
This area is close to freeways and has adequate parking options.
Transit
5/10
Frequent public transit options are within walking distance.
Points of interest for 530 Locust St #1, Elgin
Groceries
8/10
At least one grocery store within a 15-minute walk
Shopping
3/10
Some shops within walking distance
Cafes
5/10
Some cafés within walking distance
Restaurants
5/10
Some restaurants within walking distance
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
10/10
At least one high school within a 5-minute walk
Parks
7/10
Moderate amount of park space nearby
Nightlife
3/10
Few or no bars within walking distance
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