Rental market trends for
Elgin, IL
The average rent price in Elgin was $1,770 last month, up $153 month over month.
Median rent
$1,770
Month-over-month change
+$153
Average rent in Elgin
In August 2025, Elgin rental prices increased $153 compared to last month.
$1,770
+9.43% month over month
Median rent of neighborhoods in Elgin
| Neighborhood | Median rent | MoM (% change) |
|---|---|---|
| Cambridge Lakes | $2,375 | -0.84% |
| Southwest Elgin | $1,945 | -1.14% |
| Northwest Elgin | $1,675 | -24.24% |
Last updated: 09/24/2025
Average rent of nearby cities
Here's how Elgin's average rent of $1,770 compares to nearby cities.
Last updated: 09/24/2025
More resources for Elgin
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| Condos for rent in Elgin | Rental listings in Elgin | ||
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