Last updated on August 22, 2026

Average rent in
Elgin, IL

Median rent

Median rent in Elgin

$1,950/mo

increased by3%

vs previous year

The average rent in Elgin is $1,950 per month as of August 2026. This is 1% above the national average rent, or $25 more per month.

$1.75

average price per square foot

Total rentals

Available rentals in Elgin

49

for rent on Zumper.com as of August 2026

Rent price distribution

Share of Elgin rentals at each price point

70%53%35%18%0%
$0 - $1,500
$1,501 - $3,000
$3,001 - $4,500
$4,501 - $6,000
$6,001 - $50,000

Rent trends in Elgin, IL

Average rent prices in Elgin have decreased by 4% over the last month and have increased by 3% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Elgin, IL

Rent prices in Elgin vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Elgin is $1,700, whereas a house costs $2,500. 1-bedroom apartments in Elgin run $1,600 on average, while 2-bedroom apartments are $2,299.

Listings

Studio

$1,745

4%

33%

1 bedroom

$1,450

1%

No Change

2 bedroom

$2,200

2%

12%

3 bedroom

$2,500

4%

5%

4 bedroom

$4,062

14%

44%

Studio

Average rent

$1,745

Last 30 days

4%

Last year

33%

1 bedroom

Average rent

$1,450

Last 30 days

1%

Last year

No Change

2 bedroom

Average rent

$2,200

Last 30 days

2%

Last year

12%

3 bedroom

Average rent

$2,500

Last 30 days

4%

Last year

5%

4 bedroom

Average rent

$4,062

Last 30 days

14%

Last year

44%

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.

How does rent in Elgin, IL compare to other cities?

Compare median rent prices in Elgin and Aurora by all bedroom counts and property types.

Elgin

Median rent price$1,950
increased by1%

higher than the national median

Median rent price$2,266
increased by18%

higher than the national median

Takeaway

The median rent for all rentals in Elgin, IL is 14% lower than the median rent in Aurora, IL.

Discover rentals in Elgin, IL

211 Elgin Road S Channing St #2 - Photo 1 of 1

5d+ ago

Apartment for rent in Elgin

Apartment for rent

Available Jan 10

603 Mill St - Photo 1 of 1

14h ago

Grant Park apartment for rent in Elgin

603 Mill St

603 Mill St, Elgin, IL 60123

2 beds

1 bath

$1,495

Apartment for rent

603 Mill St #B - Photo 1 of 1

16h ago

Grant Park apartment for rent in Elgin

603 Mill St #B, Elgin, IL 60123

2 beds

1 bath

$1,495

Apartment for rent

119 Tennyson Ct #3 - Photo 1 of 1

5d+ ago

Gifford Park apartment for rent in Elgin

119-121 Tennyson Court - 3

119 Tennyson Ct #3, Elgin, IL 60120

2 beds

1 bath

$1,500

Apartment for rent

Available Aug 1

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Elgin, IL

Quick answers to common questions about the Elgin rental market.

How much is rent in Elgin?

The average rent in Elgin is $1,950 per month as of August 15, 2026.

Is rent up or down in Elgin?

Average rent prices in Elgin have decreased by 4% over the last month and have increased by 3% since last year.

How does Elgin rent compare to the national average?

Rent in Elgin is 1% above the national average, which means renters are paying approximately $25 more per month.

Which neighborhoods are most affordable in Elgin?

The most affordable neighborhoods in Elgin are Downtown Elgin ($1,662/mo), Grant Park ($1,850/mo), and Parkwood ($1,850/mo).

What salary do I need to afford rent in Elgin?

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.

When is the best time of year to rent in Elgin?

September offers the lowest rents in Elgin with approximately 11% savings compared to December, which sees the highest prices. June is the most competitive month with higher demand, while December has the least competition.

Methodology

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).

Apartments for rent in Aurora