Last updated on July 4, 2026

Average rent in
Southwest Elgin, Elgin, IL

Median rent

Median rent in Southwest Elgin

$2,424/mo

increased by70%

vs previous year

The average rent in Southwest Elgin is $2,424 per month as of June 2026. This is 24% above the national average rent, or $474 more per month.

$1.85

average price per square foot

Total rentals

Available rentals in Southwest Elgin

12

for rent on Zumper.com as of June 2026

Rent price distribution

Share of Southwest Elgin rentals at each price point

95%71%48%24%0%
$0 - $1,500
$1,501 - $3,000
$3,001 - $4,500
$4,501 - $6,000
$6,001 - $50,000

This report has limited data.Due a shortage of data for this selected bedroom and/or property type in Southwest Elgin, Elgin, IL, in the last 30 days, rent estimates may not represent the actual market.

Rent trends in Southwest Elgin, Elgin, IL

Average rent prices in Southwest Elgin have remained the same over the last month and have increased by 70% 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 Southwest Elgin, Elgin, IL

Rent prices in Southwest Elgin vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Southwest Elgin is $2,035, whereas a house costs $2,450. 1-bedroom apartments in Southwest Elgin run $1,958 on average, while 2-bedroom apartments are $1,970.

Listings

Studio

$1,812

-

-

1 bedroom

$2,001

8%

50%

2 bedroom

$2,424

4%

38%

3 bedroom

$2,775

No Change

-

4 bedroom

$3,300

No Change

-

Studio

Average rent

$1,812

1 bedroom

Average rent

$2,001

Last 30 days

8%

Last year

50%

2 bedroom

Average rent

$2,424

Last 30 days

4%

Last year

38%

3 bedroom

Average rent

$2,775

4 bedroom

Average rent

$3,300

The table above reflects average rent prices in Southwest 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.

How does rent in Southwest Elgin, Elgin, IL compare to other neighborhoods?

Compare median rent prices in Southwest Elgin and Gifford Park by all bedroom counts and property types.

Southwest Elgin

Median rent price$2,424
increased by24%

higher than the national median

Median rent price$2,049
increased by5%

higher than the national median

Takeaway

The median rent for all rentals in Southwest Elgin, Elgin, IL is 18% higher than the median rent in Gifford Park, Elgin, IL.

Discover rentals in Southwest Elgin, Elgin, IL

276 Morgan St #1 - Photo 1 of 1

5d+ ago

Southwest Elgin house for rent in Elgin

SINGLE_FAMILY - Elgin, IL

276 Morgan St #1, Elgin, IL 60123

2 beds

1 bath

$1,800

House for rent

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Frequently asked questions for Southwest Elgin, Elgin, IL

Quick answers to common questions about the Southwest Elgin rental market.

How much is rent in Southwest Elgin?

The average rent in Southwest Elgin is $2,424 per month as of June 27, 2026.

Is rent up or down in Southwest Elgin?

Average rent prices in Southwest Elgin have remained the same over the last month and have increased by 70% since last year.

How does Southwest Elgin rent compare to the national average?

Rent in Southwest Elgin is 24% above the national average, which means renters are paying approximately $474 more per month.

What salary do I need to afford rent in Southwest Elgin?

To comfortably afford rent in Southwest Elgin, you'd need to earn approximately $97,000/year, based on spending no more than 30% of your income on rent.

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).

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