# Average Rent in Elgin, IL > How much is rent in Elgin, IL? $1,900 median across 165 units in 8 buildings, each with a daily price history and a citywide trend, tracked daily. Canonical: https://average-rent.com/city/elgin-il/ Latest included observation: November 13, 2026 ## What is the average rent in Elgin, IL? The average listed apartment rent in Elgin, IL is $1,942 per month, as of November 13, 2026. This sample includes 165 priced apartments in 8 buildings. These are tracked asking prices, not signed leases. We use published total monthly rent when known and base rent otherwise. Unknown fees remain unknown. Included building observations run from November 7, 2026 through November 13, 2026. Buildings without a qualifying price do not count in this sample. The guide directory can include more buildings. 8 apartment buildings, 165 units. Recorded asking prices and price history where available. [Browse apartments in Elgin, IL](https://average-rent.com/city/elgin-il/apartments/) Avg Rent $1,942/mo median $1,900 [-2.8% vs last month](https://average-rent.com/city/elgin-il/trends/) Cheapest $1,455/mo Blackhawk Apartment Homes Properties 8 tracked daily Units 165 available now [See cheapest & most expensive neighborhoods on the map](https://average-rent.com/city/elgin-il/rent-map/) [View rent trends and price history](https://average-rent.com/city/elgin-il/trends/) [Explore Elgin, IL on the interactive map](https://average-rent.com/search/#city=elgin-il) [Elgin, IL Resident Access](https://average-rent.com/city/elgin-il/resident-access/): City Club members share insider gate codes, parking links, and amenity tips. View Analysis ## Rent Price Breakdown Compare pricing across all 8 properties in Elgin, IL. Timeframe ## Average rent trend, last 3 months All bedroom types, citywide. Choose a window above to scope the view. $2,019 Average rent today Line chart of average rent in Elgin, IL over the last 3 months. Started at $2,083, ended at $2,019. ### Average rent trend, last 3 months | Date or category | Average monthly rent (USD) | | --- | --- | | Aug | 2,083 | | Aug | 2,065 | | Aug | 2,065 | | Aug | 2,064 | | Sep | 2,059 | | Sep | 2,052 | | Sep | 2,034 | | Sep | 2,063 | | Oct | 2,043 | | Oct | 2,069 | | Oct | 2,034 | | Oct | 1,995 | | Oct | 1,931 | | Nov | 2,019 | [Full Elgin, IL price history](https://average-rent.com/city/elgin-il/trends/) ### Average Rent by Property ### Starting Price vs Average ### Rent by Bedroom Count ### Price per Square Foot ## Elgin, IL Rent Prices All 8 properties ranked by lowest available rent. [#1 3.6 (182)](https://average-rent.com/city/elgin-il/blackhawk-apartment-homes-elgin-il/): Blackhawk Apartment Homes 926 Congdon Ave, Elgin, IL 60120, USA From $1,455/mo Avg $1,761 28 units [#2 4.7 (6)](https://average-rent.com/city/elgin-il/authentix-south-elgin-elgin-il/): Authentix South Elgin 1300 N Lancaster Rd, South Elgin, IL 60177, USA From $1,500/mo Avg $1,765 62 units [#3 4.5 (136)](https://average-rent.com/city/elgin-il/springs-at-south-elgin-elgin-il/): Springs at South Elgin 350 Gyorr Ave, South Elgin, IL 60177, USA From $1,529/mo Avg $2,041 28 units [#4 3.7 (36)](https://average-rent.com/city/elgin-il/panton-mill-station-elgin-il/): Panton Mill Station 355 N La Fox St, South Elgin, IL 60177, USA From $1,713/mo Avg $1,922 8 units [#5 4.2 (93)](https://average-rent.com/city/elgin-il/buena-vista-apartments-and-townhomes-elgin-il/): Buena Vista Apartments and Townhomes 1285 Fleetwood Dr #109, Elgin, IL 60123, USA From $1,785/mo Avg $1,872 7 units [#6 4 (27)](https://average-rent.com/city/elgin-il/fountain-square-on-the-river-elgin-il/): Fountain Square on the River 50 S Grove Ave, Elgin, IL 60120, USA From $1,900/mo Avg $2,460 5 units [#7 4.3 (224)](https://average-rent.com/city/elgin-il/1900-at-canterfield-apartment-homes-elgin-il/): 1900 at Canterfield Apartment Homes 1900 Canterfield Pkwy E, West Dundee, IL 60118, USA From $1,926/mo Avg $2,439 8 units | # | Property | From | Avg | $/sqft | Rating | Units | | --- | --- | --- | --- | --- | --- | --- | | 1 | [Blackhawk Apartment Homes 926 Congdon Ave, Elgin, IL 60120, USA](https://average-rent.com/city/elgin-il/blackhawk-apartment-homes-elgin-il/) | $1,455 | $1,761 | $2.14/ft² | 3.6 (182) | 28 | | 2 | [Authentix South Elgin 1300 N Lancaster Rd, South Elgin, IL 60177, USA](https://average-rent.com/city/elgin-il/authentix-south-elgin-elgin-il/) | $1,500 | $1,765 | $2.36/ft² | 4.7 (6) | 62 | | 3 | [Springs at South Elgin 350 Gyorr Ave, South Elgin, IL 60177, USA](https://average-rent.com/city/elgin-il/springs-at-south-elgin-elgin-il/) | $1,529 | $2,041 | $1.99/ft² | 4.5 (136) | 28 | | 4 | [Panton Mill Station 355 N La Fox St, South Elgin, IL 60177, USA](https://average-rent.com/city/elgin-il/panton-mill-station-elgin-il/) | $1,713 | $1,922 | $2.16/ft² | 3.7 (36) | 8 | | 5 | [Buena Vista Apartments and Townhomes 1285 Fleetwood Dr #109, Elgin, IL 60123, USA](https://average-rent.com/city/elgin-il/buena-vista-apartments-and-townhomes-elgin-il/) | $1,785 | $1,872 | $2.61/ft² | 4.2 (93) | 7 | | 6 | [Fountain Square on the River 50 S Grove Ave, Elgin, IL 60120, USA](https://average-rent.com/city/elgin-il/fountain-square-on-the-river-elgin-il/) | $1,900 | $2,460 | -- | 4 (27) | 5 | | 7 | [1900 at Canterfield Apartment Homes 1900 Canterfield Pkwy E, West Dundee, IL 60118, USA](https://average-rent.com/city/elgin-il/1900-at-canterfield-apartment-homes-elgin-il/) | $1,926 | $2,439 | $2.28/ft² | 4.3 (224) | 8 | ## Rent & Price History by Building Compare apartment listings by price, bedrooms, and neighborhood. [Browse all apartments](https://average-rent.com/city/elgin-il/apartments/) [Blackhawk Apartment Homes](https://average-rent.com/city/elgin-il/blackhawk-apartment-homes-elgin-il/): ![Blackhawk Apartment Homes apartments in Elgin, IL](https://average-rent.com/api/photo/p/9055?w=600) 3.6 (182) 926 Congdon Ave, Elgin, IL 60120, USA From $1,455/mo 28 units [Authentix South Elgin](https://average-rent.com/city/elgin-il/authentix-south-elgin-elgin-il/): ![Authentix South Elgin apartments in Elgin, IL](https://average-rent.com/api/photo/p/9072?w=600) 4.7 (6) 1300 N Lancaster Rd, South Elgin, IL 60177, USA From $1,500/mo 62 units [Springs at South Elgin](https://average-rent.com/city/elgin-il/springs-at-south-elgin-elgin-il/): ![Springs at South Elgin apartments in Elgin, IL](https://average-rent.com/api/photo/p/9066?w=600) 4.5 (136) 350 Gyorr Ave, South Elgin, IL 60177, USA From $1,529/mo 28 units [Panton Mill Station](https://average-rent.com/city/elgin-il/panton-mill-station-elgin-il/): ![Panton Mill Station apartments in Elgin, IL](https://average-rent.com/api/photo/p/9068?w=600) 3.7 (36) 355 N La Fox St, South Elgin, IL 60177, USA From $1,713/mo 8 units [Buena Vista Apartments and Townhomes](https://average-rent.com/city/elgin-il/buena-vista-apartments-and-townhomes-elgin-il/): ![Buena Vista Apartments and Townhomes apartments in Elgin, IL](https://average-rent.com/api/photo/p/9060?w=600) 4.2 (93) 1285 Fleetwood Dr #109, Elgin, IL 60123, USA From $1,785/mo 7 units [Fountain Square on the River](https://average-rent.com/city/elgin-il/fountain-square-on-the-river-elgin-il/): ![Fountain Square on the River apartments in Elgin, IL](https://average-rent.com/api/photo/Ab43m-ugo9YttiagTd6erD2EAvZAIV18AN6xnQrAxffKZrPib4yWzWv9DbKKQ4MF7W63pn7qEkOkdvWK0Xf2cTFau-Vi3S1PBXVBMXss-nLsxBD2lIu8MLNMNTWZoFXWJV7__ait_dC37juqXnm0czDXkqK8JXezKjvUdMecCts4jMyXnsQTccAvmNOe56UTGPIqBfCcbaffe50M5orXKjQ_C0qjNMUvGvef1wXTz24C5IK1oDMNRm4s07HuyZZhPNAzJ4e7PpYRNCp5JMCJxcNjaYLfJgMNC4EZBu5F15nv9mlD-4ZTMYsZ-C9Ixba7_Eomfh7-HFaU4vU8hKleheXvw3pQHnzlrW3pHIcCG9d-1jkrVHguVVd0Xz_JThOd1rjhUNJOVgyCYtAvnyCYmVlFQUzSKclnT6zm0D3YZ8JLZVUzhhsjt4BjUpgNqEBlpv_qrQaWFLichPD5Dk34OWx5nwwBaa0A3__ns3clXR5twL4E28NovjzDiusi7TUoKMMi3th6ZOXiJ4xf5E5hrRdf5npFtmSyjQb6qSvaBKMtD9kyEJcKGtOOArVlcJj0hODM8_RzJwcJ?w=600) 4 (27) 50 S Grove Ave, Elgin, IL 60120, USA From $1,900/mo 5 units [Browse all Elgin, IL apartments](https://average-rent.com/city/elgin-il/apartments/) By Area ## Elgin, IL neighborhoods Tracked buildings across 4 named neighborhoods. Pick one to see its apartments. [South Elgin 60177 3](https://average-rent.com/city/elgin-il/apartments/?neighborhood=South%20Elgin%2060177)[Elgin 60120 2](https://average-rent.com/city/elgin-il/apartments/?neighborhood=Elgin%2060120)[West Dundee 60118 2](https://average-rent.com/city/elgin-il/apartments/?neighborhood=West%20Dundee%2060118)[Elgin 60123 1](https://average-rent.com/city/elgin-il/apartments/?neighborhood=Elgin%2060123) [Compare neighborhood rents on the Elgin, IL rent map](https://average-rent.com/city/elgin-il/rent-map/) ## Elgin, IL Average Rent Prices 2026 The average listed rent in Elgin, IL is **$1,942 per month**, based on 165 units across 8 apartment communities. Prices range from $1,455 at Blackhawk Apartment Homes to $3,000 at Fountain Square on the River. ### Average Rent by Bedroom Type | Type | Avg Rent | Starting From | Units | | --- | --- | --- | --- | | Studio | $1,543/mo | $1,500/mo | 13 | | 1 Bed | $1,757/mo | $1,455/mo | 70 | | 2 Bed | $2,132/mo | $1,670/mo | 78 | | 3 Bed | $2,770/mo | $2,629/mo | 4 | We schedule daily price checks. The included observations can have different dates. Request an area we do not cover so we can review it for coverage. Paste this where you want the live widget. Free to use with the attribution link. Preview Market Context ## Who rents in Elgin, IL, and what they pay Tracked one-bedroom rent in Elgin, IL averages **$1,757/mo** , with two-bedroom units averaging **$2,132/mo**. At the local median household income of **$88,316**, that works out to **26% of gross income**, near the 30 percent affordability ceiling. The U.S. Census Bureau's American Community Survey 2023 release pegged median gross rent in Elgin, IL at **$1,260/mo**. The [current tracked market average](https://average-rent.com/city/elgin-il/trends/) runs **54% higher than** that benchmark, reflecting both two to three years of rent growth and the fact that the Census figure covers all renter-occupied housing in Elgin, IL while the tracked market average covers units currently listed in larger apartment communities. ## What salary do I need to live comfortably in Elgin, IL? Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models. Minimum to afford average rent $78,000/year Based on the 30 percent rule, using our tracked average rent of $1,942/mo. Comfortable income $93,000/year Based on the 25 percent rule, leaving more room for savings, transport, and groceries. To afford the cheapest tracked apartment ($1,455/mo), you need to earn at least **$58,000/year**. Median household income in Elgin, IL is **$88,316** , about 5% below the comfortable-living threshold. ## Cost of living in Elgin, IL Overall prices in Elgin, IL runs above the national average by about 2% (BEA Regional Price Parity index 102.5, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Elgin, IL's regional price parities. | Category | Monthly estimate | | --- | --- | | Rent (market average) | $1,942 | | Utilities | $477 | | Groceries | $563 | | Transportation | $1,138 | | Healthcare | $555 | | Other goods and services | $888 | | Estimated total | $5,563/mo | Population 114,106 Median household income $88,316 Census median rent $1,260/mo Census rent burden 28.5% Median age 36.3 Mean commute 28 min ## Methodology Rent data We use listed asking rents and schedule daily data updates. Individual buildings can have different verification dates. Check the building or unit page for its latest price and availability. Cost of living Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually. Salary to live comfortably We estimate annual income by dividing annual rent by 30 percent for the affordability figure and 25 percent for the comfortable-income figure. These estimates are a guide, not a guarantee of rental approval. Demographic figures Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release. Cost of living and demographic figures were last published in 2023. Compare ## Nearby cities in Illinois How Elgin, IL rent compares to other markets in the state. | City | Avg Rent | vs Elgin, IL | Properties | | --- | --- | --- | --- | | [Chicago, IL](https://average-rent.com/city/chicago-il/) | $3,104 | +60% | 36 | | [Aurora, IL](https://average-rent.com/city/aurora-il/) | $2,095 | +8% | 15 | | [Schaumburg, IL](https://average-rent.com/city/schaumburg-il/) | $2,345 | +21% | 13 | | [Naperville, IL](https://average-rent.com/city/naperville-il/) | $2,400 | +24% | 12 | | [Rockford, IL](https://average-rent.com/city/rockford-il/) | $1,330 | -32% | 12 | | [Evanston, IL](https://average-rent.com/city/evanston-il/) | $3,137 | +62% | 11 | ## Frequently asked questions ### What is the average rent in Elgin, IL? The average listed apartment rent in Elgin, IL is $1,942 per month, as of November 13, 2026. This sample includes 165 priced apartments in 8 buildings. These are tracked asking prices, not signed leases. ### What is the median rent in Elgin, IL? The median asking rent in Elgin, IL is $1,900 per month, computed from 165 priced listings; check the observation dates shown on this page. The average is $1,942/mo; the median resists skew from luxury listings. ### What is the cheapest apartment rent in Elgin, IL? The lowest available rent in Elgin, IL starts at $1,455 per month. Confirm current availability, fees, and lease terms with the selected listing. ### How much is a 1-bedroom apartment in Elgin, IL? 1-bedroom apartments in Elgin, IL average $1,757/mo. The lowest listed 1-bedroom starts at $1,455/mo across 70 units tracked. ### How much is a 2-bedroom apartment in Elgin, IL? 2-bedroom apartments in Elgin, IL average $2,132/mo. Units start from $1,670/mo across 78 units currently listed. ## Rent Trends in Elgin, IL Track how apartment prices are changing over time. [View Rent Trends](https://average-rent.com/city/elgin-il/trends/) ## Missing your neighborhood? Tell us where you're looking. 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