Elgin, IL rental market

What is the average rent in Elgin, IL?

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Last updated June 21, 2026

Rental market summary

The average rent for all bedrooms and all property types in Elgin, IL is $1,850.

Average rent

$1,850

Month-over-month change

+$55

Year-over-year change

-$8

Available rentals

92

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $825 to $17,743.

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Rent frequencies
Rent priceNumber of rental properties
$8001
$9001
$1,0001
$1,1005
$1,2005
$1,3009
$1,40013
$1,5005
$1,60011
$1,70011
$1,8005
$1,9004
$2,0003
$2,1003
$2,2001
$2,3005
$2,4002
$2,5002
$2,6006
$2,70010
$2,8008
$2,9005
$3,0003
$3,2002
$3,3001
$3,4001
$3,7001
$3,8001
$5,000+5

Average rent price over time

In the last year, rent has decreased by $9 compared to the previous year.

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Average rent price over time
Last year (2025)This year (2026)
Jan$1,999$1,925
Feb$1,989$1,850
Mar$1,725$1,925
Apr$1,725$1,695
May$1,750$1,800
Jun$1,775$1,750
Jul$1,950No data
Aug$1,975No data
Sep$2,100No data
Oct$1,750No data
Nov$1,985No data
Dec$1,925No data

Market temperature

The Elgin, IL rental market temperature is COOL. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

cool

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Elgin, IL is 8% lower than the national average.

Elgin, ILvs.

$1,850

$2,015

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Frequently asked questions

1. What is the average rent in Elgin, IL?

The average rent in Elgin, IL is $1,850.

2. What is the average rent for a studio apartment in Elgin, IL?

The average rent for a studio apartment in Elgin, IL is $1,100 per month.

3. What is the average rent for a one-bedroom apartment in Elgin, IL?

The average rent for a one-bedroom apartment in Elgin, IL is $1,400 per month.

4. What is the average rent for a two-bedroom apartment in Elgin, IL?

The average rent for a two-bedroom apartment in Elgin, IL is $1,725 per month.

5. What is the average rent for a three-bedroom apartment in Elgin, IL?

The average rent for a three-bedroom apartment in Elgin, IL is $2,750 per month.

6. What is the average rent for a four-bedroom apartment in Elgin, IL?

The average rent for a four-bedroom apartment in Elgin, IL is $6,350 per month.

7. How much does it cost to rent a house in Elgin, IL?

Houses in Elgin, IL rent between $825 - $17,743 with an average rent of $1,850.

8. How has the rent in Elgin, IL changed in the last year?

In the last year, the rent in Elgin, IL decreased by $9

9. How much has the rent in Elgin, IL increased/decreased in the last month?

In the last month, the rent in Elgin, IL increased by $55

10. How many available rentals are there in Elgin, IL?

There are currently 92 rentals available in Elgin, IL.

11. How do rent prices in Elgin, IL compare with the national average?

The average rent in Elgin, IL is $1,850 — 8.19% lower the national average of $2,015.

Zip codes in Elgin, IL

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