What's the average rent in Elgin, IL?

Rental Market Trends in Elgin, IL

SOURCE: TRULIA DATA

Rental market highlights

As of October 2026, the average rent in Elgin, IL is $1,850 per month, which is 5% lower than the national average rent of $1,948 per month.

AVERAGE RENT

$1,850

0.0%No change month over month

0.0%No change year over year

AVAILABLE RENTALS

101

APARTMENTS

$1,544

HOUSES

$2,515

TOWNHOUSES

$2,400

As of October 2026, apartments are the most affordable rental option in Elgin, IL at $1,544 per month, while houses are the most expensive at $2,515 per month. Townhomes average $2,400 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	$1,790
3 Bedrooms	$2,500
4 Bedrooms	$3,500
All	$1,850

As of October 2026, the average rent for a 1 bedroom rental in Elgin, IL is $1,400 per month, followed by $1,790 for a 2 bedroom rental, $2,500 for a 3 bedroom rental, and $3,500 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$2,200
3 Bedrooms	$2,650
4 Bedrooms	—
All	$2,400

As of October 2026, the average rent for a 2 bedroom townhome in Elgin, IL is $2,200 per month, followed by $2,650 for a 3 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$1,400
2 Bedrooms	$1,575
3 Bedrooms	$2,100
4 Bedrooms	$3,000
All	$1,575

As of October 2026, the average rent for a 1 bedroom apartment in Elgin, IL is $1,400 per month, followed by $1,575 for a 2 bedroom apartment, $2,100 for a 3 bedroom apartment, and $3,000 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$2,499
3 Bedrooms	$2,500
4 Bedrooms	$4,000
All	$2,515

As of October 2026, the average rent for a 2 bedroom house in Elgin, IL is $2,499 per month, followed by $2,500 for a 3 bedroom house, and $4,000 for a 4 bedroom house.