Rental market snapshot for Elgin, Illinois
Elgin, Illinois Rental Property Market Overview
Elgin, Illinois is a vibrant city located in the northern part of the state. With a population of 113,911 according to the US Census in 2021, Elgin is a bustling city with plenty of attractions and activities. It is home to a variety of restaurants, shops, and entertainment venues, as well as a number of parks and outdoor spaces. Elgin is also known for its diverse cultural offerings, with a number of museums, galleries, and performing arts venues. With its many attractions and amenities, Elgin is a great place to live, work, and play.
The average rent for an apartment in Elgin is $1,973. The cost of rent varies depending on several factors, including location, size, and quality.
The average rent has decreased by 0.00% over the past year.
Last Updated March 25, 2024
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Average monthly rent graph in Elgin Illinois | Cost of Living
- The most expensive ZIP code in Elgin is 60124 with an average price of $2,068.
- The cheapest ZIP code in Elgin is 60123 with an average price of $1,847.
Elgin ZIP codes with the highest, most expensive rent
| # | ZIP Code | Average Rent |
|---|---|---|
| 1 | 60124 | $2,068 |
| 2 | 60120 | $1,939 |
| 3 | 60123 | $1,847 |
Live near Elgin, Illinois's Top Sights and Attractions
Lords Park is a beautiful park located in the suburbs of Illinois. It features a large lake, a variety of walking trails, a playground, a picnic area, and a historic carousel. The carousel is a popular attraction, with its hand-carved horses and chariots, and its original Wurlitzer organ. The park also has a zoo, with a variety of animals, including wolves, bison, and bald eagles. The park also has a golf course, a disc golf course, and a driving range. The park is a great place to spend a day outdoors, with plenty of activities for the whole family.
Wing Park is a beautiful outdoor space located in Elgin, Illinois. It features a variety of amenities, including a playground, a picnic area, a walking path, a pond, and a disc golf course. The park also has a variety of trees and plants, making it a great place to relax and enjoy nature. There are also several sports fields, including a baseball diamond and a soccer field. The park is a great place to spend time with family and friends, and it's a great place to get some exercise.
Burnidge Forest Park is a beautiful outdoor area located in Elgin, Illinois. It features a variety of activities for visitors to enjoy, including hiking trails, fishing, and bird watching. The park also has a large picnic area, playground, and a disc golf course. The park is home to a variety of wildlife, including deer, foxes, and other small animals. The park also has a large lake, which is a popular spot for fishing and swimming. The park is a great place to spend a day outdoors, and it is a great way to explore the natural beauty of Elgin.
Cary Park District is a sprawling outdoor recreation area located in Elgin, Illinois. It features a variety of activities for all ages, including a lake for fishing, a disc golf course, a playground, a picnic area, and several miles of trails for hiking, biking, and horseback riding. The park also offers a variety of special events throughout the year, such as concerts, festivals, and educational programs.
Kiwanis Park is a large outdoor recreation area located in Elgin, Illinois. It features a variety of amenities, including a large lake, walking trails, picnic areas, playgrounds, and a disc golf course. The park also has a variety of sports fields, including baseball, softball, and soccer fields. There is also a large pavilion, perfect for hosting events or gatherings. The park is a great place to spend the day outdoors, enjoying nature and the many activities available.
Channing Park is a large outdoor recreational area located in Elgin, Illinois. It features a variety of activities, including a playground, walking trails, a fishing pond, a disc golf course, and a picnic area. The park also has a large open field, perfect for sports and other outdoor activities. The park is surrounded by lush trees and vegetation, providing a peaceful and serene atmosphere.
Festival Park is a large outdoor venue located in a scenic area. It features a variety of attractions, including a large amphitheater, a lake, walking trails, picnic areas, and a playground. The amphitheater hosts a variety of concerts and performances throughout the year, and the lake is a popular spot for fishing and boating. The walking trails offer a peaceful escape from the hustle and bustle of everyday life, and the picnic areas provide a great spot to relax and enjoy a meal. The playground is a great place for kids to let off some steam.
Cornerstone Park is a beautiful outdoor space located in the heart of a bustling midwestern town. It features a large lake, walking paths, and a variety of recreational activities. The park is surrounded by lush trees and lush grass, providing a peaceful atmosphere for visitors. There are also several picnic areas, playgrounds, and a large pavilion for special events. The park is a popular spot for locals and visitors alike, offering a great place to relax and enjoy the outdoors.
Trout Park is a beautiful outdoor recreation area located in the northern part of Illinois. It features a large lake with a fishing pier, a playground, picnic areas, and a walking path. The lake is stocked with trout, and visitors can enjoy fishing, swimming, and boating. There are also several nature trails, a disc golf course, and a campground. The park is a great place to relax and enjoy nature, and it is a popular spot for families and outdoor enthusiasts.
Wright Avenue Park is a picturesque park located in a residential area. It features a large playground with swings, slides, and a sandbox, as well as a basketball court, a walking path, and a picnic area with grills and tables. There is also a pond with a fountain, and a large open field perfect for playing sports or having a picnic. The park is surrounded by tall trees that provide shade and a peaceful atmosphere.
Elgin, Illinois area median rent change by ZIP code map
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How does Elgin compare to other cities in Illinois?
| city | median price |
|---|---|
| Woodstock | $2,100 |
| Plano | $2,095 |
| Arlington Heights | $2,064 |
| Gurnee | $1,831 |
| Forest Park | $1,289 |
| Bourbonnais | $1,149 |
| Rock Island | $975 |
| Wood River | $950 |
| Pekin | $700 |
Average household income in Elgin area graph - US Census
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The median household income in Elgin in 2021 was $79,757. This represents a 36.4% change from 2011 when the median was $58,487.
| # | category | percent |
|---|---|---|
| 0 | Less than $10,000 | 4.2% |
| 1 | $10,000 to $14,999 | 3.2% |
| 2 | $15,000 to $19,999 | 2.8% |
| 3 | $20,000 to $24,999 | 2.6% |
| 4 | $25,000 to $29,999 | 3.3% |
| 5 | $30,000 to $34,999 | 4.1% |
| 6 | $35,000 to $39,999 | 5.2% |
| 7 | $40,000 to $44,999 | 4.8% |
| 8 | $45,000 to $49,999 | 3.6% |
| 9 | $50,000 to $59,999 | 7.0% |
| 10 | $60,000 to $74,999 | 10.2% |
| 11 | $75,000 to $99,999 | 15.7% |
| 12 | $100,000 to $124,999 | 12.8% |
| 13 | $125,000 to $149,999 | 7.1% |
| 14 | $150,000 to $199,999 | 7.8% |
| 15 | $200,000 or more | 5.4% |
Neighborhoods in Elgin
We currently do not have this data but we are working to add this soon.
