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 increased by 9% in the last month and have decreased by 7% 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 $1,847. A 1-bedroom apartment in Northeast Elgin, Elgin, IL costs about $1,825 on average, while a 2-bedroom apartment is $1,650. Houses for rent in Northeast Elgin, Elgin, IL are more expensive, with an average monthly cost of $2,522.


1 bedroom	$1,825	No Change	-
2 bedroom	$1,852	4%	-
3 bedroom	$2,500	27%	18%
4 bedroom	$2,595	No Change	-
Studio	$1,507	-	-

		Comparables
Downtown Elgin	$2,103
Gifford Park	$1,650
Grant Park	$1,900
Lake In The Hills Estates	$2,400
Near West Elgin	$2,030
Willow Lakes Estates	$2,280


Apartments	$1,847	3%	No Change
Condos	$2,200	-	No Change
Houses	$2,522	13%	16%

Studio

Average rent

$1,507

1 bedroom

Average rent

$1,825

2 bedroom

Average rent

$1,852

Last 30 days

3 bedroom

Average rent

$2,500

Last 30 days

27%

Last year

18%

4 bedroom

Average rent

$2,595

Last 30 days

No Change

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$1,992

higher than the national median

Median rent price$2,103

higher than the national median

Takeaway

The median rent for all rentals in Northeast Elgin, Elgin, IL is 5% 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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