Bedroom count
Property type
Last updated on May 24, 2026
Last updated on May 24, 2026
Bedroom count
Property type
Median rent in Elgin
$1,950/mo
vs previous year
The average rent in Elgin is $1,950 per month as of May 2026. This is about the same as the national average rent.
average price per square foot
Available rentals in Elgin
39
for rent on Zumper.com as of May 2026
Share of Elgin rentals at each price point
Average rent prices in Elgin have remained the same over the last month and have increased by 3% since last year.
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
Rent prices in Elgin vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Elgin is $1,937, whereas a house costs $2,200. 1-bedroom apartments in Elgin run $1,450 on average, while 2-bedroom apartments are $2,370.
Listings | ||||
|---|---|---|---|---|
Studio | $1,731 | 9% | 91% | |
1 bedroom | $1,295 | No Change | 6% | |
2 bedroom | $1,975 | 5% | 3% | |
3 bedroom | $2,495 | 3% | 6% | |
4 bedroom | $4,100 | 29% | 70% |
Listings | ||
|---|---|---|
Century Oaks | $1,714 | |
College Green | $2,030 | |
Downtown Elgin | $2,299 | |
Gifford Park | $1,748 | |
Grant Park | $1,702 | |
Near West Elgin | $2,050 | |
Northeast Elgin | $2,200 | |
Parkwood | $2,100 | |
Southwest Elgin | $2,031 | |
Willow Lakes Estates | $2,000 |
Listings | ||||
|---|---|---|---|---|
Apartments | $1,937 | 1% | No Change | |
Condos | $1,887 | 5% | No Change | |
Houses | $2,200 | 4% | No Change |
Studio
Average rent
$1,731
Last 30 days
9%
Last year
91%
1 bedroom
Average rent
$1,295
Last 30 days
No Change
Last year
6%
2 bedroom
Average rent
$1,975
Last 30 days
5%
Last year
3%
3 bedroom
Average rent
$2,495
Last 30 days
3%
Last year
6%
4 bedroom
Average rent
$4,100
Last 30 days
29%
Last year
70%
Gifford Park
Average rent
$1,748
Near West Elgin
Average rent
$2,050
Northeast Elgin
Average rent
$2,200
Willow Lakes Estates
Average rent
$2,000
Southwest Elgin
Average rent
$2,031
Downtown Elgin
Average rent
$2,299
Grant Park
Average rent
$1,702
Parkwood
Average rent
$2,100
College Green
Average rent
$2,030
Century Oaks
Average rent
$1,714
Apartments
Average rent
$1,937
Last 30 days
1%
Condos
Average rent
$1,887
Last 30 days
5%
Houses
Average rent
$2,200
Last 30 days
4%
The table above reflects average rent prices in Elgin, IL, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.
Compare median rent prices in Elgin and Aurora by all bedroom counts and property types.
Elgin
Equal to the the national median
higher than the national median
Takeaway
The median rent for all rentals in Elgin, IL is 13% lower than the median rent in Aurora, IL.
Explore rent trends in neighboring markets
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Quick answers to common questions about the Elgin rental market.
The average rent in Elgin is $1,950 per month as of May 23, 2026.
Average rent prices in Elgin have remained the same over the last month and have increased by 3% since last year.
Rent in Elgin is roughly the same as the national average.
The most affordable neighborhoods in Elgin are Grant Park ($1,702/mo), Century Oaks ($1,714/mo), and Gifford Park ($1,748/mo).
To comfortably afford rent in Elgin, you'd need to earn approximately $78,000/year, based on spending no more than 30% of your income on rent.
One-bedroom apartments in Elgin averaged around $1,800 per month in 2025, while two-bedroom units also averaged around $2,000 monthly. These figures reflect the current rental market across the city's various neighborhoods.
Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.
Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).