Average Rent in Northeast Elgin, Elgin, IL and Rent Price Trends

Rent price trends in
Northeast Elgin, Elgin, IL

Rent price trends

Rent prices for all bedroom counts and property types in Northeast Elgin, Elgin, IL have remained the same in the last month and have increased by 44% in the last year.

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

Rent comparables in
Northeast Elgin, Elgin, IL
The monthly rent for an apartment in Northeast Elgin, Elgin, IL is $1,785. A 1-bedroom apartment in Northeast Elgin, Elgin, IL costs about $1,769 on average, while a 2-bedroom apartment is $1,525. Houses for rent in Northeast Elgin, Elgin, IL are more expensive, with an average monthly cost of $2,400.


1 bedroom	$1,925	6%	-
2 bedroom	$2,324	No Change	49%
3 bedroom	$2,615	14%	-
4 bedroom	$4,500	24%	-
Studio	$1,725	No Change	-

		Comparables
Downtown Elgin	$2,300
Gifford Park	$1,950
Grant Park	$2,027
Lake In The Hills Estates	$2,080
Near West Elgin	$1,845
Willow Lakes Estates	$2,100


Apartments	$1,785	No Change	1%
Condos	$2,100	-	No Change
Houses	$2,400	15%	No Change

Studio

Average rent

$1,725

1 bedroom

Average rent

$1,925

Last 30 days

2 bedroom

Average rent

$2,324

Last year

49%

3 bedroom

Average rent

$2,615

Last 30 days

14%

4 bedroom

Average rent

$4,500

Last 30 days

24%

The table above reflects average rent prices in Northeast Elgin, 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 rent prices in Northeast Elgin, Elgin, IL to other neighborhoods

Median rent prices in Northeast Elgin, Elgin, IL for all bedroom counts and property types compared to Downtown Elgin, Elgin, IL.

Northeast Elgin

Median rent price$2,285

17%

higher than the national median

Median rent price$2,300

18%

higher than the national median

Takeaway

The median rent for all rentals in Northeast Elgin, Elgin, IL is 1% lower than the median rent in Downtown Elgin, Elgin, IL.

More data insights and reports

National Rent Report

Canadian Rent Report

Annual Rent Report

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