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Apartments in Elgin

1 - 13 of 13 Results
0
$3,100
3128 Valley Falls St
Elgin, IL
3 BR | Available Now
Contact
Cat Friendly
In Unit Laundry
Dishwasher
6
$1,995 - 2,895
Watermark At The Grove
2511 Watermark Ter Elgin, IL
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
Storage
Dishwasher
18
$1,895
278 Douglas
Elgin, IL
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Dishwasher
22
$1,895
278 Douglas St
Elgin, IL
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
12
$1,395
265 Douglas St
Elgin, IL
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
In Unit Laundry
21
$2,200
Todd Farm Dr Unit A
Elgin, IL
3 BR | Available Now
Contact
Dog Friendly
Air Conditioning
11
$2,000
10 Todd Farm Dr Unit B
Elgin, IL
3 BR | Available Now
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Dog Friendly
Cat Friendly
10
$1,420
210-214 Dupage St
Elgin, IL
2 BR | Available Now
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Dog Friendly
Cat Friendly
Dishwasher
1
$2,150
Spacious 2 Bedroom Ranch
1228 Iroquois Dr Elgin, IL
3 BR | Available Now
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House
Dishwasher
1
$2,495
Three Bedroom With Detached Garage
18 N Melrose Ave Elgin, IL
3 BR | Jan. 6, 2025
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Dog Friendly
Cat Friendly
House
1
$1,500
South Elgin Il, 60177
1016 Manchester Ct S Elgin, IL
2 BR | Available Now
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Dishwasher
14
$624 - 953
Fox River Crossing Senior Apartments
1.2
300 N State St Elgin, IL
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Senior Community
Luxury
Air Conditioning
20
$1,650
Highland Springs
515 Redtail Ridge Eglin, IL
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
1 - 13 of 13 Results
  1. Home
  2. Elgin

How much does it cost to rent an apartment in Elgin?

Elgin Apartments
Bed Type Average Rent Range
1BR $2,000 $2,000 - $2,050
2BR $2,300 $1,400 - $2,840
3BR $2,150 $1,900 - $3,100
Frequently Asked Questions

How many apartments are available in Elgin, IL on Rentable.co?

Rentable.co has over 595 apartments available in Elgin.

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

The average rent for a one-bedroom apartment in Elgin is around $2,000 per month.

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

The average rent for a two-bedroom apartment in Elgin is around $2,300 per month.

How expensive is it to rent an apartment in Elgin, IL?

For a two-bedroom apartment in Elgin, the average rent price is $2,300 per month, which is higher than the national average of $1,600 per month.

Can I afford an apartment for rent in Elgin, IL?

Based on average rent prices in Elgin, to afford a one-bedroom apartment you would need an annual household income of $80,000 to live comfortably.

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Campuses Nearby

Elgin Community College

Elgin:
December Rent Report

Welcome to the December 2024 Elgin Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the December 2024 key findings and figures for the Elgin rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Elgin and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Elgin average rent prices in the chart below.

Monthly Rent Report

$2,550
$1,910
$1,280
$640
$0
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
1 BR       2 BR

Elgin Rent Prices Decrease From November to December

Elgin rent prices decreased over the last month. From November to December, the city experienced a -6.98% decrease for the price of a one-bedroom apartment. The rent price for a Elgin one-bedroom apartments currently stands at $1,559.0.

When we take a look at the two-bedroom comparison from November to December, Elgin experienced a -1.68% decrease for the price of a two-bedroom apartment. The rent price for a Elgin two-bedroom apartments currently stands at $2,052.0.

December Prices: Elgin vs. Surrounding Areas

Rent Prices in Elgin and Surrounding Areas

Rent prices have decreased in Elgin over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Elgin suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Elgin suburbs

  • Rents did not decrease in any of the Elgin suburbs.

December 2024 Pricing Trends: Elgin vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,134
$3,160
$2,389
$2,353
$1,914
$1,318
$1,255
$1,234
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Elgin Rent Prices More Affordable Than Major Cities

Rent growth in Elgin over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Elgin average rent prices appear to be relatively affordable for local residents.

The price for a Elgin one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Elgin and surrounding area rent prices, take a look at the complete data set below.

Data set for Elgin and suburbs

1 BR December 1 BR M/M % Change 2 BR December 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.

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