Last updated on November 2, 2026

Average rent in
Elgin, OK

Median rent

Median rent in Elgin

$1,300/mo

increased by8%

vs previous year

The average rent in Elgin is $1,300 per month as of October 2026. This is 32% below the national average rent, or $600 less per month.

$0.98

average price per square foot

Total rentals

Available rentals in Elgin

11

for rent on Zumper.com as of October 2026

Rent price distribution

Share of Elgin rentals at each price point

60%45%30%15%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

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

Rent trends in Elgin, OK

Average rent prices in Elgin have decreased by 7% over the last month and have increased by 8% 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 Elgin, OK

Rent prices in Elgin vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Elgin is $855, whereas a house costs $1,395. 1-bedroom apartments in Elgin run $650 on average, while 2-bedroom apartments are $895.

Listings

Studio

$575

-

-

1 bedroom

$700

7%

-

2 bedroom

$800

13%

27%

3 bedroom

$1,377

No Change

-

4 bedroom

$1,647

14%

No Change

Studio

Average rent

$575

1 bedroom

Average rent

$700

Last 30 days

7%

2 bedroom

Average rent

$800

Last 30 days

13%

Last year

27%

3 bedroom

Average rent

$1,377

4 bedroom

Average rent

$1,647

Last 30 days

14%

Last year

No Change

The table above reflects average rent prices in Elgin, OK, 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 Elgin, OK compare to other cities?

Compare median rent prices in Elgin and Altus by all bedroom counts and property types.

Elgin

Median rent price$1,300
decreased by32%

lower than the national median

Median rent price$987
decreased by48%

lower than the national median

Takeaway

The median rent for all rentals in Elgin, OK is 32% higher than the median rent in Altus, OK.

Discover rentals in Elgin, OK

302 6th St - Photo 1 of 1

5d+ ago

8.8

Very good

302 6th St

302 6th St, Elgin, OK 73538

3 beds

2 baths

$1,100

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
101 2nd St #1 - Photo 1 of 1

5d+ ago

House for rent in Elgin

101 2ND STREET - 1

101 2nd St #1, Elgin, OK 73538

3 beds

2 baths

$1,100

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Elgin, OK

Quick answers to common questions about the Elgin rental market.

How much is rent in Elgin?

The average rent in Elgin is $1,300 per month as of October 31, 2026.

Is rent up or down in Elgin?

Average rent prices in Elgin have decreased by 7% over the last month and have increased by 8% since last year.

How does Elgin rent compare to the national average?

Rent in Elgin is 32% below the national average, which means renters are paying approximately $600 less per month.

What salary do I need to afford rent in Elgin?

To comfortably afford rent in Elgin, you'd need to earn approximately $52,000/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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