What's the average rent in Elgin, IL?

Rental Market Trends in Elgin, IL

SOURCE: TRULIA DATA

Rental market highlights

As of July 2026, the average rent in Elgin, IL is $1,850 per month, which is 5% lower than the national average rent of $1,951 per month.

AVERAGE RENT

$1,850

5.7%$100 increase month-over-month

-6.1%-$120 decrease year-over-year

AVAILABLE RENTALS

APARTMENTS

$1,698

HOUSES

$2,850

TOWNHOUSES

$2,450

As of July 2026, apartments are the most affordable rental option in Elgin, IL at $1,698 per month, while houses are the most expensive at $2,850 per month. Townhomes average $2,450 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$1,400
2 Bedrooms	$1,750
3 Bedrooms	$2,750
4 Bedrooms	$2,750
All	$1,850

As of July 2026, the average rent for a 1 bedroom rental in Elgin, IL is $1,400 per month, followed by $1,750 for a 2 bedroom rental, $2,750 for a 3 bedroom rental, and $2,750 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$2,150
3 Bedrooms	$2,750
4 Bedrooms	$2,450
All	$2,450

As of July 2026, the average rent for a 2 bedroom townhome in Elgin, IL is $2,150 per month, followed by $2,750 for a 3 bedroom townhome, and $2,450 for a 4 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$1,400
2 Bedrooms	$1,700
3 Bedrooms	$2,050
4 Bedrooms	$3,000
All	$1,650

As of July 2026, the average rent for a 1 bedroom apartment in Elgin, IL is $1,400 per month, followed by $1,700 for a 2 bedroom apartment, $2,050 for a 3 bedroom apartment, and $3,000 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$2,750
3 Bedrooms	$2,850
4 Bedrooms	$2,750
All	$2,850

As of July 2026, the average rent for a 2 bedroom house in Elgin, IL is $2,750 per month, followed by $2,850 for a 3 bedroom house, and $2,750 for a 4 bedroom house.