Rental market trends for
Elgin, IL
The average rent price in Elgin was $1,601 last month, up $26 month over month.
Median rent
Month-over-month change
Average rent in Elgin
In January 2025, Elgin rental prices increased $26 compared to last month.
Median rent of neighborhoods in Elgin
| Neighborhood | Median rent | MoM (% change) |
|---|---|---|
| Cambridge Lakes | $2,375 | -0.84% |
| Northwest Elgin | $1,675 | -24.24% |
| Southwest Elgin | $1,945 | -1.14% |
| Southeast Elgin | $1,925 | +33.13% |
Average rent of nearby cities
Here's how Elgin's average rent of $1,601 compares to nearby cities.
More resources for Elgin
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| Condos for rent in Elgin | |||
| Houses for rent in Elgin | |||
| Apartments for rent in Elgin | |||
| Rooms for rent in Elgin |
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