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Apartments in Elk Grove Village

1 - 4 of 4 Results
26
$1,269 - 3,720
Terraces of Elk Grove
Deal
908 Ridge Sq Elk Grove Village, IL
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Surface Parking
13
$1,410 - 1,964
975 Jefferson Sq
Elk Grove Village, IL
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
14
$1,600
419 Perrie Dr Unit 201
Elk Grove Village, IL
2 BR | Available Now
Contact
Storage
16
$1,506 - 1,902
Willow Crossing
1031 Charlela Lane Elk Grove Village, IL
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Section 8
Air Conditioning
1 - 4 of 4 Results
  1. Home
  2. Chicago Area Apartments
  3. Elk Grove Village

How much does it cost to rent an apartment in Elk Grove Village?

Elk Grove Village Apartments
Bed Type Average Rent Range
1BR $1,530 $1,360 - $1,710
2BR $1,820 $1,640 - $1,960
3BR $2,300 $2,300 - $2,300
Frequently Asked Questions

How many apartments are available in Elk Grove Village, IL on Rentable.co?

Rentable.co has over 776 apartments available in Elk Grove Village.

What is the average rent for a one-bedroom apartment in Elk Grove Village, IL?

The average rent for a one-bedroom apartment in Elk Grove Village is around $1,530 per month.

What is the average rent for a two-bedroom apartment in Elk Grove Village, IL?

The average rent for a two-bedroom apartment in Elk Grove Village is around $1,820 per month.

How expensive is it to rent an apartment in Elk Grove Village, IL?

For a two-bedroom apartment in Elk Grove Village, the average rent price is $1,820 per month, which is higher than the national average of $1,630 per month.

Can I afford an apartment for rent in Elk Grove Village, IL?

Based on average rent prices in Elk Grove Village, to afford a one-bedroom apartment you would need an annual household income of $61,000 to live comfortably.

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Elk Grove Village:
April Rent Report

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

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Elk Grove Village 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 Elk Grove Village average rent prices in the chart below.

Monthly Rent Report

$1,900
$1,430
$950
$480
$0
May. 2023
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
1 BR       2 BR

Elk Grove Village Rent Prices Increase From March to April

Elk Grove Village rent prices increased over the last month. From March to April, the city experienced a 1.1% increase for the price of a one-bedroom apartment. The rent price for a Elk Grove Village one-bedroom apartments currently stands at $1,749.0.

When we take a look at the two-bedroom comparison from March to April, Elk Grove Village experienced a 1.05% increase for the price of a two-bedroom apartment. The rent price for a Elk Grove Village two-bedroom apartments currently stands at $1,832.0.

April Prices: Elk Grove Village vs. Surrounding Areas

Rent Prices in Elk Grove Village and Surrounding Areas

Rent prices have increased in Elk Grove Village 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 Elk Grove Village 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 Elk Grove Village suburbs

  • Rents did not decrease in any of the Elk Grove Village suburbs.

April 2024 Pricing Trends: Elk Grove Village vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Minneapolis, MN
Columbus, OH
Pittsburgh, PA
$3,994
$3,038
$2,355
$2,347
$1,893
$1,300
$1,264
$1,145
$0
$1,300
$2,600
$3,900
$5,200
Median Rent

Elk Grove Village Rent Prices More Affordable Than Major Cities

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

The price for a Elk Grove Village 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 Elk Grove Village and surrounding area rent prices, take a look at the complete data set below.

Data set for Elk Grove Village and suburbs

1 BR April 1 BR M/M % Change 2 BR April 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.

Browse Elk Grove Village Apartments
Colleges Near Elk Grove Village