Bedroom count
Property type
Last updated on October 7, 2026
Average rent in
Elgin, IL
Average rent in
Last updated on October 7, 2026
Bedroom count
Property type
Key takeaways for renters
Where Elgin rent stands today
Elgin, IL rent is essentially flat year over year, with a current median of $1,900/month. Month over month, rents increased 1.3%, reversing some of the recent declines and showing modest upward movement in the market.
Compared to national trends
Elgin rent sits at the national median of $1,900/month, making it a market that aligns closely with the broader national rental landscape. With 53 total rentals, it offers a smaller but balanced inventory for renters.
Price ranges
Studios in Elgin rent for about $1,025/month, 1-bedrooms for $1,498/month, and 2-bedrooms match the city median at $1,900/month. Larger units rise to $2,450/month for 3-bedrooms and $3,995/month for 4+ bedrooms. Houses rent higher at $2,400/month compared to apartments at $1,600/month, with houses comprising 54% of total rentals.
Neighborhood spotlight
Grant Park rents rose 46.8% year over year to $1,850/month, standing out against the flat citywide trend. Conversely, Southeast Elgin rents fell 73.9% year over year to $1,950/month, representing a notable local cooldown compared to the overall market.
Median rent
Median rent in Elgin
$1,900/mo
vs previous year
The average rent in Elgin is $1,900 per month as of October 2026. This is about the same as the national average rent.
average price per square foot
Total rentals
Available rentals in Elgin
53
for rent on Zumper.com as of October 2026
Rent price distribution
Share of Elgin rentals at each price point
Rent trends in Elgin, IL
Average rent prices in Elgin have increased by 1% over the last month and have remained the same 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 $1,600, whereas a house costs $2,400. 1-bedroom apartments in Elgin run $1,500 on average, while 2-bedroom apartments are $2,200.
Listings | ||||
|---|---|---|---|---|
Studio | $1,025 |  8% |  6% | |
1 bedroom | $1,497 | 2% | 2% | |
2 bedroom | $1,900 | 1% | No Change | |
3 bedroom | $2,450 | 4% | 1% | |
4 bedroom | $3,995 | 7% | 3% |
Listings | ||
|---|---|---|
Century Oaks | $2,248 | |
Downtown Elgin | $1,850 | |
Gifford Park | $1,850 | |
Grant Park | $1,850 | |
Near West Elgin | $2,047 | |
North Country Knolls | $1,995 | |
Northeast Elgin | $1,875 | |
Southeast Elgin | $1,950 | |
Valley Creek Southwest | $2,246 | |
Willow Lakes Estates | $1,900 |
Listings | ||||
|---|---|---|---|---|
Apartments | $1,600 | 2% | No Change | |
Condos | $1,820 | 7% | No Change | |
Houses | $2,400 | 1% | No Change |
Studio
Average rent
$1,025
Last 30 days
8%
Last year
6%
1 bedroom
Average rent
$1,497
Last 30 days
2%
Last year
2%
2 bedroom
Average rent
$1,900
Last 30 days
1%
Last year
No Change
3 bedroom
Average rent
$2,450
Last 30 days
4%
Last year
1%
4 bedroom
Average rent
$3,995
Last 30 days
7%
Last year
3%
Willow Lakes Estates
Average rent
$1,900
Downtown Elgin
Average rent
$1,850
Grant Park
Average rent
$1,850
North Country Knolls
Average rent
$1,995
Gifford Park
Average rent
$1,850
Century Oaks
Average rent
$2,248
Southeast Elgin
Average rent
$1,950
Valley Creek Southwest
Average rent
$2,246
Near West Elgin
Average rent
$2,047
Northeast Elgin
Average rent
$1,875
Apartments
Average rent
$1,600
Last 30 days
2%
Condos
Average rent
$1,820
Last 30 days
7%
Houses
Average rent
$2,400
Last 30 days
1%
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
Equal to the the national median
21%higher than the national median
Takeaway
The median rent for all rentals in Elgin, IL is 18% lower than the median rent in Aurora, IL.
Average rent in nearby cities
Explore rent trends in neighboring markets
$2,305
6%$1,925
6%$1,850
3%$1,975
21%$2,350
1%$2,000
$2,370
9%$1,962
2%$1,890
21%$2,200
8%$2,400
1%$2,287
14%Discover rentals in Elgin, IL
5d+ ago
Apartment for rent in Elgin
2 beds
1 bath
$1,400
Apartment for rent
Available Jan 10
16h ago
Apartment for rent in Elgin
488 Columbia Ave #2, Elgin, IL 60120
2 beds
1 bath
$1,495
Apartment for rent
Available Oct 15
4d ago
418 Saint Charles St, Elgin, IL 60120
2 beds
1 bath
$1,500
Apartment for rent
5d+ ago
Apartment for rent in Elgin
418 Saint Charles St #B, Elgin, IL 60120
2 beds
1 bath
$1,500
Apartment for rent
5d+ ago
House for rent in Elgin
2772 Cascade Falls Cir, Elgin, IL 60124
2 beds
2 baths
$3,000
House for rent
5d+ ago
Downtown Elgin townhouse for rent in Elgin
2 beds
2.5 baths
$2,700
House for rent
5d+ ago
House for rent in Elgin
801 N Mclean Blvd #146, Elgin, IL 60123
1 bed
1 bath
$2,685
House for rent
18h ago
2511 Watermark Ter, Elgin, IL 60124
1–2 beds
1–2 baths
$1,995–$2,795
Price drop
Apartment for rent
4d ago
Verified
1124 Lake Terrace Rd, Elgin, IL 60123
2 beds
2 baths
$1,800
House for rent
5d+ ago
Verified
1158 Lake Terrace Rd, Elgin, IL 60123
2 beds
2 baths
$1,900
House for rent
5d+ ago
Verified
645 Dover Dr, Elgin, IL 60120
3 beds
2.5 baths
$2,890
House for rent
Available Sep 30
18h ago
2511 Watermark Ter, Elgin, IL 60124
1–2 beds
1–2 baths
$1,995–$2,795
Price drop
Apartment for rent
4d ago
Verified
1124 Lake Terrace Rd, Elgin, IL 60123
2 beds
2 baths
$1,800
House for rent
5d+ ago
Verified
5 beds
2 baths
$2,380
$2,305
Price drop
House for rent
Available Oct 9
5d+ ago
Verified
1158 Lake Terrace Rd, Elgin, IL 60123
2 beds
2 baths
$1,900
House for rent
5d+ ago
Verified
3 beds
2 baths
$2,330
House for rent
Available Sep 21
5d+ ago
Verified
5 beds
2 baths
$2,380
$2,305
Price drop
House for rent
Available Oct 9
16h ago
Apartment for rent in Elgin
488 Columbia Ave #2, Elgin, IL 60120
2 beds
1 bath
$1,495
Apartment for rent
Available Oct 15
4d ago
2511 Watermark Ter, Elgin, IL 60124
2 beds
2 baths
$2,249–$2,425
Price drop
Apartment for rent
4d ago
418 Saint Charles St, Elgin, IL 60120
2 beds
1 bath
$1,500
Apartment for rent
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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 $1,900 per month as of October 3, 2026.
Is rent up or down in Elgin?
Average rent prices in Elgin have increased by 1% over the last month and have remained the same since last year.
How does Elgin rent compare to the national average?
Rent in Elgin is roughly the same as the national average.
Which neighborhoods are most affordable in Elgin?
The most affordable neighborhoods in Elgin are Downtown Elgin ($1,850/mo), Grant Park ($1,850/mo), and Gifford Park ($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 $76,000/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).