Rental market trends for
Elgin, IL
The average rent price in Elgin was $1,601 last month, up $26 month over month.
Median rent
$1,601
Month-over-month change
+$26
Average rent in Elgin
In January 2025, Elgin rental prices increased $26 compared to last month.
$1,601
+1.65% month over 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% |
Last updated: 02/09/2025
Average rent of nearby cities
Here's how Elgin's average rent of $1,601 compares to nearby cities.
Last updated: 02/09/2025
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 |