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 40% in the last month and have increased by 28% 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 $1,640. A 1-bedroom apartment in Northeast Elgin, Elgin, IL costs about $1,735 on average, while a 2-bedroom apartment is $1,425. Houses for rent in Northeast Elgin, Elgin, IL are more expensive, with an average monthly cost of $2,600.


1 bedroom	$1,692	1%	-
2 bedroom	$1,841	8%	22%
3 bedroom	$2,600	No Change	34%
4 bedroom	$3,295	2%	-
Studio	$1,499	-	-

		Comparables
Downtown Elgin	$1,775
Gifford Park	$1,849
Grant Park	$1,895
Lake In The Hills Estates	$2,235
Near West Elgin	$2,100
Willow Lakes Estates	$1,897


Apartments	$1,640	5%	No Change
Condos	$1,825	-	-
Houses	$2,600	7%	No Change

Studio

Average rent

$1,499

1 bedroom

Average rent

$1,692

Last 30 days

2 bedroom

Average rent

$1,841

Last 30 days

Last year

22%

3 bedroom

Average rent

$2,600

Last year

34%

4 bedroom

Average rent

$3,295

Last 30 days

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$1,890

lower than the national median

Median rent price$1,775

lower than the national median

Takeaway

The median rent for all rentals in Northeast Elgin, Elgin, IL is 6% higher 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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