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 2% 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 $1,756. A 1-bedroom apartment in Northeast Elgin, Elgin, IL costs about $1,395 on average, while a 2-bedroom apartment is $1,550. Houses for rent in Northeast Elgin, Elgin, IL are more expensive, with an average monthly cost of $2,500.


1 bedroom	$1,695	3%	-
2 bedroom	$2,000	No Change	1%
3 bedroom	$2,695	2%	27%
4 bedroom	$3,400	2%	-
Studio	$1,497	-	-

		Comparables
Downtown Elgin	$2,025
Gifford Park	$2,500
Grant Park	$1,900
Lake In The Hills Estates	$1,975
Near West Elgin	$1,861
Willow Lakes Estates	$1,865


Apartments	$1,756	No Change	No Change
Condos	$1,850	-	No Change
Houses	$2,500	10%	No Change

Studio

Average rent

$1,497

1 bedroom

Average rent

$1,695

Last 30 days

2 bedroom

Average rent

$2,000

Last year

3 bedroom

Average rent

$2,695

Last 30 days

Last year

27%

4 bedroom

Average rent

$3,400

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$1,939

higher than the national median

Median rent price$2,025

higher than the national median

Takeaway

The median rent for all rentals in Northeast Elgin, Elgin, IL is 4% 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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