Apartments in Elgin

1 - 11 of 11 Results
0
$2,950
Elgin, IL
3 BR | Available Now
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Cat Friendly
In Unit Laundry
Dishwasher
8
$999
Elgin, IL
Studio | Available Now
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Dog Friendly
Cat Friendly
27
$3,095
Elgin, IL
3 BR | May. 1, 2024
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Dog Friendly
Cat Friendly
House
Storage
Disability Access
27
$2,995
Elgin, IL
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Storage
29
$3,095
Elgin, IL
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Storage
6
$1,925 - 2,975
Elgin, IL
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
Dishwasher
26
$1,800
Elgin, IL
2 BR | Available Now
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House
Balcony/Deck/Patio
Dishwasher
8
$950
Elgin, IL
Studio | Available Now
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Cat Friendly
Air Conditioning
$650
Elgin, IL
Studio | Available Now
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14
$624 - 953
300 N State St Elgin, IL
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Senior Community
Luxury
Air Conditioning
20
$1,650
515 Redtail Ridge Eglin, IL
2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
1 - 11 of 11 Results
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How much does it cost to rent an apartment in Elgin?

Elgin Apartments
Bed Type Average Rent Range
Studio $950 $650 - $1,000
1BR $2,000 $1,940 - $2,050
2BR $2,450 $1,670 - $2,970
3BR $3,050 $2,950 - $3,100

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Campuses Nearby

Elgin:
March Rent Report

Welcome to the March 2024 Elgin Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the March 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

$2,450
$1,840
$1,230
$610
$0
Apr. 2023
May. 2023
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
1 BR       2 BR

Elgin Rent Prices Increase From February to March

Elgin rent prices increased over the last month. From February to March, the city experienced a 1.51% increase for the price of a one-bedroom apartment. The rent price for a Elgin one-bedroom apartments currently stands at $1,812.0.

When we take a look at the two-bedroom comparison from February to March, Elgin experienced a 1.25% increase for the price of a two-bedroom apartment. The rent price for a Elgin two-bedroom apartments currently stands at $2,273.0.

March Prices: Elgin vs. Surrounding Areas

Rent Prices in Elgin and Surrounding Areas

Rent prices have increased 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.

March 2024 Pricing Trends: Elgin vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Minneapolis, MN
Columbus, OH
Pittsburgh, PA
$3,976
$3,029
$2,358
$2,336
$1,866
$1,310
$1,235
$1,124
$0
$1,300
$2,600
$3,900
$5,200
Median Rent

Elgin Rent Prices More Affordable Than Major Cities

Rent growth in Elgin 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, 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 March 1 BR M/M % Change 2 BR March 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.