Rental market snapshot for Elk Grove Village, Illinois

Elk Grove Village, Illinois Rental Property Market Overview

Elk Grove Village, Illinois is a vibrant village located in Cook and DuPage counties. According to the US Census, the population of Elk Grove Village in 2021 is 32,066. The village is known for its excellent schools, parks, and recreational activities, as well as its convenient location near Chicago. Elk Grove Village is also home to a variety of businesses, from small local shops to large corporate offices. With its friendly atmosphere and diverse population, Elk Grove Village is a great place to live and work.

The average rent for an apartment in Elk Grove Village is $1,870. 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 February 01, 2024

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Average monthly rent graph in Elk Grove Village Illinois | Cost of Living

  • The most expensive ZIP code in Elk Grove Village is 60007 with an average price of $1,942.
  • The cheapest ZIP code in Elk Grove Village is 60007 with an average price of $1,942.

Elk Grove Village ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
160007$1,942

Live near Elk Grove Village, Illinois's Top Sights and Attractions

Olmstead Park is a large outdoor recreational area located in a suburban area. It features a variety of activities, including a playground, walking trails, picnic areas, and a pond. The park also has a large open field, perfect for sports and other activities. The park is well-maintained and offers a peaceful atmosphere for visitors to enjoy.

Lions Park is a sprawling outdoor recreational area located in a suburban area. It features a large lake, walking trails, a playground, and a variety of sports fields. There are also picnic areas, a gazebo, and a pavilion for special events. The park is well-maintained and provides a peaceful and serene atmosphere for visitors to enjoy.

Mead Park is a large outdoor recreational area located in the suburbs of Illinois. It features a variety of amenities, including a large lake, a playground, picnic areas, walking paths, and a disc golf course. The park also has a variety of wildlife, including ducks, geese, and other birds. The park is a popular destination for families, with plenty of activities to keep everyone entertained.

Audubon Park is a picturesque outdoor destination located in the suburbs of Illinois. It features a variety of activities for visitors of all ages, including a playground, walking trails, a fishing pond, and a disc golf course. The park is also home to a variety of wildlife, including birds, deer, and other animals. Visitors can enjoy the peaceful atmosphere of the park while taking in the natural beauty of the surrounding area.

Mather Park is a large outdoor recreational area located in the suburbs of Illinois. It features a variety of activities for visitors of all ages, including a playground, walking trails, a fishing pond, and a picnic area. The park also has a large open field for sports and other activities, as well as a pavilion and a gazebo. The park is well-maintained and provides a great place to relax and enjoy nature.

Roosevelt Park is a large outdoor recreational area located in Elk Grove Village, Illinois. It features a variety of activities, including a playground, a skate park, a basketball court, a sand volleyball court, a walking path, and a fishing pond. The park also has a picnic area with grills, a pavilion, and a concession stand. The park is well-maintained and offers plenty of green space for visitors to enjoy.

Johnson Park is a large outdoor recreational area located in a suburban area. It features a variety of activities and amenities, including a playground, walking trails, a fishing pond, a picnic area, and a disc golf course. The park also has a large open field, perfect for sports and other activities. There are also several pavilions and shelters available for rent, making it a great spot for family gatherings and special events.

Elk Park is a large outdoor recreational area located in a suburban area of 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 wildlife, including deer, foxes, and other small animals. Visitors can also enjoy fishing, boating, and other activities. The park is surrounded by lush greenery, making it a great place to relax and enjoy nature.

Lindbergh Park is a large outdoor recreational area located in a suburban area. It features a variety of activities for visitors of all ages, including a playground, walking trails, picnic areas, and a lake with a beach. There is also a skate park, a disc golf course, and a dog park. The park is well-maintained and offers plenty of shade and seating areas.

Osborn Park is a large outdoor recreational area located in a suburban area. It features a variety of activities, including a playground, a walking path, a fishing pond, a picnic area, and a large open field. The park also has a variety of trees and shrubs, providing a peaceful and tranquil atmosphere. The park is well-maintained and provides a great place for families and friends to get together and enjoy the outdoors.

Elk Grove Village, Illinois area median rent change by ZIP code map

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How does Elk Grove Village compare to other cities in Illinois?

citymedian price
Deer Park$2,896
Orland Hills$2,295
Lockport$2,233
New Lenox$1,973
McHenry$1,740
Dolton$1,645
Belleville$1,155
Danville$635

Average household income in Elk Grove Village area graph - US Census

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The median household income in Elk Grove Village in 2021 was $89,187. This represents a 31.2% change from 2011 when the median was $67,983.

#categorypercent
0Less than $10,0002.3%
1$10,000 to $14,9991.1%
2$15,000 to $19,9992.4%
3$20,000 to $24,9991.2%
4$25,000 to $29,9993.6%
5$30,000 to $34,9993.6%
6$35,000 to $39,9993.3%
7$40,000 to $44,9993.9%
8$45,000 to $49,9993.6%
9$50,000 to $59,9997.2%
10$60,000 to $74,99910.5%
11$75,000 to $99,99916.2%
12$100,000 to $124,99912.6%
13$125,000 to $149,9998.6%
14$150,000 to $199,99910.3%
15$200,000 or more9.6%

Neighborhoods in Elk Grove Village

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Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

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Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of December , the average rent in Elk Grove Village is $1,870.
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