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Newest Homes for Rent in Elgin, IL

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  • /26

    Starting at $1,370 Per Month

    • 1 - 3 Beds

    926 Congdon Ave, Elgin, IL 60120

    Welcome to Blackhawk Apartments, a beautiful apartment community in Elgin offering the comfortable lifestyle and unbeatable location you've been looking for. Positioned conveniently near I-90, you have access to the area's best shopping, restaurants, and promising employers. Choose from a variety of great 1, 2 & 3 bedroom floor plans to complement your unique lifestyle. Home here comes

    Blackhawk Apartment Homes

    (224) 339-7266

    926 Congdon Ave, Elgin, IL 60120
  • /72

    Starting at $1,925 Per Month

    • 1 - 2 Beds

    2511 Watermark Terrace, Elgin, IL 60124

    Lovely Two Bedroom Apartment....Waiting for you to make it Home! - Luxury Two-Bedroom with amazing amenities with shops and restaurants around the corner. In-unit washer/dryer, quartz countertops, balconies, natural light and underground secured parking.*Full-time Management Team*24-hour emergency maintenance* Open Floor Plans* Secured Access* 24/7 Fitness Center*

    Watermark at The Grove

    (630) 883-0019

    2511 Watermark Terrace, Elgin, IL 60124
  • /20

    Starting at $1,496

    Total Monthly Price

    • Studio - 3 Beds

    1900 Canterfield Pkwy E, West Dundee, IL 60118

    1900 at Canterfield is the apartment you've been looking for in West Dundee, IL. With comfortable studio, one-, two-, and three-bedroom homes complete with washers and dryers, private patios, large closets, and built-in wine racks you're guaranteed to find a place to live with a lifestyle to love. What's more, as a member of the community you'll also have access to private garages, a dog wash,

    1900 at Canterfield Apartment Homes

    (224) 427-6922

    1900 Canterfield Pkwy E, West Dundee, IL 60118
  • /13

    Starting at $1,025 Per Month

    • Studio - 2 Beds

    3 Times Square, Elgin, IL 60120

    Rivers Landing Apartments is located in Elgin, Illinois near shopping, transportation, restaurants and the Grand Victoria Casino. Rivers Landing Apartments offers a gated community with laundry facilities and free heat. Rivers Landing features studios, one and two bedroom apartment homes. Heat and gas included. Section 8 available. Minutes from Metra Train. Cats welcome. Restrictions apply.

    River's Landing Apartments

    (224) 268-1969

    3 Times Square, Elgin, IL 60120
  • /36

    Starting at $1,695 Per Month

    • Studio - 3 Beds

    2611 Hopps Rd, Elgin, IL 60124

    Seasons embodies the evolution of luxury suburban living by providing an exceptional location blended with a wide array of high end amenities and finishes tailored to suit your lifestyle. Located in a park like setting, Seasons at Elgin has a true suburban feel with the convenience of city life within reach.

    Seasons at Elgin

    (224) 496-3944

    2611 Hopps Rd, Elgin, IL 60124
  • /11

    $2,800 Per Month

    • 3 Beds
    • 2 Baths
    • House for Rent

    352 N Commonwealth Ave, Elgin, IL 60123

    Property Id: 110021Freshly painted, spacious unfurnished house for rent with new Laminate Flooring. Includes a living room, dining room, family room, three bedrooms, two full baths with a detached one car garage available. Quiet neighborhood in Elgin near Wing Park golf course, Judson University, and Elgin Community College. Ten minutes from I90 and Rt20, minutes away from shopping

    (630) 528-0303

    352 N Commonwealth Ave, Elgin, IL 60123
  • /30

    $2,995 Per Month

    • 4 Beds
    • 2.5 Baths
    • 2,046 Sq Ft
    • House for Rent

    1598 Saint Andrews Cir, Elgin, IL 60123

    4 BEDROOM 2 1/2 BATH HOME WITH FENCED YARD AND BEAUTIFUL POND VIEWS. LARGE FAMILY ROOM WITH WOOD BURNING FIREPLACE; KITCHEN WITH PLENTY OF CABINETS AND WORK SPACE. LAUNDRY CLOSET OFF KITCHEN ALSO SLIDERS TO EXTRA LARGE DECK; MASTER WITH WALK-IN CLOSET AND PRIVATE BATH; 3 OTHER LARGE BEDROOMS AND HALL BATH ALL ON THE 2ND LEVEL. 2 CAR GARAGE; TREE LINED NEIGHBORHOOD CLOSE TO PARKS AND SHOPPING. PET

    Susan Kalina Karen Douglas Realty

    1598 Saint Andrews Cir, Elgin, IL 60123
  • /18

    $2,600 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,900 Sq Ft
    • Townhouse for Rent

    754 Thornbury Ct, Bartlett, IL 60103

    Wonderful 3 Bed/ 2.5 Bath Townhome with spacious Living room. Large master bathroom and walk-in closet. Additional space for office/family room. Balcony and 2-car garage. Close to parks and walking trails. Tenant pays all utilities. No pets.We require a 650 or higher credit score and the combined gross income must be 3 times the amount of your rent per month.

    754 Thornbury Ct, Bartlett, IL 60103
  • /8

    $1,700 Per Month

    • 2 Beds
    • 1 Bath
    • 900 Sq Ft
    • Townhouse for Rent

    418 Saint Charles St Unit B, Elgin, IL 60120

    AVAILABLE NOW, WELL CARED FOR SECOND FLOOR UNIT WITH FRESH PAINT, NEW FLOORING THROUGHOUT, NEW REFRIGERATOR, NEW OVEN, CLEAN AND READY FOR MOVE IN. BASEMENT SPACE FOR STORAGE AND WASHER/DRYER. RENT INCLUDES WATER.

    Saverino Carrozza Carriage Real Estate

    418 Saint Charles St Unit B, Elgin, IL 60120
  • /18

    $2,999 Per Month

    • 3 Beds
    • 3 Baths
    • 1,804 Sq Ft
    • House for Rent

    1441 Maple Ln, Elgin, IL 60123

    Coming soon - this home is currently being enjoyed by another resident but will be available soon. This home is professionally managed by Tricon, dedicated to creating exceptional rental experiences. Featuring 3 bedrooms, 3.0 bathrooms, and approximately 1,804 square feet, this well-maintained home offers a high standard of rental living, supported by a team that puts residents first. As a

    (224) 553-3546

    1441 Maple Ln, Elgin, IL 60123
  • /9

    $1,095 Per Month

    • 1 Bath
    • 400 Sq Ft
    • Apartment for Rent

    1940 Mark Ave Unit 7, Elgin, IL 60123

    This Second Floor Studio Apartment in Elgin is a Must See! Recently Renovated with Stylish Grey Shaker Style Cabinets and Stainless Steel Appliances, this property is Sure to Impress! The Luxury Vinyl Plank Laminate Flooring adds a Modern Feel to the Space. Freshly Painted in Modern Grey Tones, Coin Laundry On-Site, and Off-Street Parking! This Building is Nestled at the end of the Street on a

    Brian Overheidt Grid 7 Properties

    1940 Mark Ave Unit 7, Elgin, IL 60123
  • /13

    $2,000 Per Month

    • 2 Beds
    • 1.5 Baths
    • 1,152 Sq Ft
    • Townhouse for Rent

    Unlisted Address

    Beautifully rehabbed 2 bedroom 1/1 bath townhome 2 story townhome with a 2 car garage. Never have to worry about anyone living above you or below you. Both bathrooms are updated wonderfully. Newer high-end carpet in both bedrooms and dining/living area. Bamboo flooring in the walkway and kitchen. Stainless Steel appliances. Multi-sided fireplace. The washer and dryer in the unit on the second

    Andrew Orzechowski Tatry Realty LLC

    Unlisted Address
  • /2

    $2,910

    Total Monthly Price

    • 3 Beds
    • 2.5 Baths
    • 2,000 Sq Ft
    • House for Rent

    410 Blackstone Ave, Elgin, IL 60124

    410 Blackstone Ave, Elgin, IL 60124
  • /17

    $3,400 Per Month

    • 3 Beds
    • 1.5 Baths
    • 1,092 Sq Ft
    • House for Rent

    31W742 Il Route 58, Elgin, IL 60120

    Updated brick ranch featuring an attached 1.5-car garage, 3 bedrooms, 1.5 baths, and a finished basement with office and recreation room. Situated on a large private lot with abundant parking for work vehicles, trailers, or multiple cars. Ideal for landscapers, roofers, contractors, or any tenant needing extensive off-street parking and storage space. The rear portion of the property offers

    Rosa Bueno United Real Estate - Chicago

    31W742 Il Route 58, Elgin, IL 60120
  • /3

    $850 Per Month

    • Studio
    • 1 Bath
    • House for Rent

    314 E Chicago St, Elgin, IL 60120

    Property Id: 1180316Spacious studio located on first floor. Charming historic building with woodwork throughout and classic clawfoot tub. Tenant responsible for electric and cooking gas.Please text for showings and questions.

    (224) 407-8646

    314 E Chicago St, Elgin, IL 60120
  • /3

    $950 Per Month

    • 1 Bed
    • 1 Bath
    • Condo for Rent

    320 Percy St Unit 3, Elgin, IL 60120

    Property Id: 1181098Updated historic one bed one bathroom apartment on first floor. Close to downtown in quiet neighborhood. Off street parking and close to schools and parks. Tenant pays electric. Please text for fastest response.

    (224) 230-4105

    320 Percy St Unit 3, Elgin, IL 60120
  • /2

    $825 Per Month

    • 1 Bed
    • 1 Bath
    • 125 Sq Ft
    • Apartment for Rent

    517 E Chicago St Unit 2, Elgin, IL 60120

    Room for rent, first floor bedroom with shared kitchen & bathroom. Includes water, heat & electric, parking. This boarding home includes both men's & ladies rooms, this is a room available in the Ladies section with shared bath and kitchen. Submit application through Baird & Warner Property Management, questions, call property manager/list agent. Application fee $75 includes credit review,

    Katrina Hish Baird & Warner Fox Valley - Geneva

    517 E Chicago St Unit 2, Elgin, IL 60120
  • /19

    $2,500 Per Month

    • 2 Beds
    • 2.5 Baths
    • 1,542 Sq Ft
    • Apartment for Rent

    1058 Delta Dr Unit 11E, Elgin, IL 60123

    Beautiful end unit town house with 2 bedrooms with a decent size loft and 2.5 baths and a 2 car garage with lots of space and sun light throughout the house located in a desirable area along with major shopping, restaurants and close to highways! Credit Score of 650 at least, income around 2.5-3 times rent, will do credit and background check, renters insurance required!

    Rubeena Siddiqui ARNI Realty Incorporated

    1058 Delta Dr Unit 11E, Elgin, IL 60123
  • /19

    $3,800 Per Month

    • 4 Beds
    • 2.5 Baths
    • 2,273 Sq Ft
    • House for Rent

    1234 N Lyle Ave, Elgin, IL 60123

    Nestled in a beautiful, serene neighborhood, this wonderful residence perfectly blends peaceful living with daily convenience. Bathed in abundant natural light, the bright and airy interior instantly feels like home. The heart of the house features a beautifully appointed kitchen, showcasing rich cherry cabinetry and elegant granite countertops. Step outside into your private oasis-a sprawling,

    Andy Quiroz Diamond Homes Realty

    1234 N Lyle Ave, Elgin, IL 60123
  • /21

    $2,300 Per Month

    • 2 Beds
    • 1.5 Baths
    • Apartment for Rent

    801 N Shady Oaks Dr Unit 441, Elgin, IL 60120

    End unit in highly sought-after and desirable Shady Oaks neighborhood. 2 bedrooms; 1.1 baths; in-unit laundry; large upstairs loft area that can be used for an office or additional seating area. Open living room connected to dinning area with high-vaulted ceilings and natural lighting. Large Master bedroom with a immense closet space. Well-maintained / move-in ready unit. Looking for immediate

    Christopher Davis Inspire Realty Group LLC

    801 N Shady Oaks Dr Unit 441, Elgin, IL 60120
  • /17

    $2,850 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,976 Sq Ft
    • Townhouse for Rent

    760 Lambert Ln Unit 961, Bartlett, IL 60103

    Bright and spacious end-unit townhome in a convenient Bartlett location. The main level offers 9' ceilings, wood-look flooring, an open living/dining layout, and a pass-through fireplace. Kitchen features 42" cabinets, generous counter space, pantry space, stainless steel refrigerator, and room for a table. Sliding doors open to a private balcony overlooking the neighborhood. Upstairs has 3

    Judy Cox Results Realty ERA Powered

    760 Lambert Ln Unit 961, Bartlett, IL 60103
  • /15

    $2,150 Per Month

    • 2 Beds
    • 2 Baths
    • 1,018 Sq Ft
    • Townhouse for Rent

    1060 Stillwater Rd Unit 522, Elgin, IL 60120

    Beautifully maintained home. Neutral decor with light gray walls and bright white trim. Recent carpet in the bedrooms, and easy-care wood grain vinyl plank flooring in the living/dining room. SS kitchen appliances in 2022. Dramatic volume ceilings in the living/dining room, kitchen, master bedroom & bath. Enjoy the fireplace on chilly evenings & the balcony overlooking an open common area on

    David Erickson Coldwell Banker Realty

    1060 Stillwater Rd Unit 522, Elgin, IL 60120
  • /8

    $1,500 Per Month

    • 2 Beds
    • 1 Bath
    • 800 Sq Ft
    • Apartment for Rent

    1300 Getzelman Dr Unit 6, Elgin, IL 60123

    TWO BEDROOMS ON THE THIRD FLOOR OF A WELL-MAINTAINED BUILDING! FRESH PAINT AND NEW FLOORS THROUGHOUT WITH IMMEDIATE OCCUPANCY. THE UNIT OFFERS A SPACIOUS LIVING ROOM BRIGHT AND LARGE EAT-IN KITCHEN, A NEW REFRIGERATOR AND STOVE, A SPACIOUS BALCONY, STORAGE AREA IN THE LAUNDRY ROOM. COIN-OPERATED WASHER/DRYER. THE HEAT, WATER/SEWER & GARBAGE ARE PROVIDED. TENANT PAYS ELECTRIC ONLY. THE BUILDING IS

    Saverino Carrozza Carriage Real Estate

    1300 Getzelman Dr Unit 6, Elgin, IL 60123
  • /12

    $1,500 Per Month

    • 1 Bed
    • 1 Bath
    • Condo for Rent

    119 Tennyson Ct, Elgin, IL 60120

    1st floor apartment with 1 bedroom and 1 bathroom. Fresh neutral paint and laminate flooring throughout. Coin laundry in basement.All adults over the age of 18 must apply. $40 application fee per adult. 580 minimum credit score, income must be greater than or equal to 3x monthly rent, no prior evictions, no felonies and no bankruptcies.

    119 Tennyson Ct, Elgin, IL 60120
  • /4

    $2,000 Per Month

    • 3 Beds
    • 1 Bath
    • Condo for Rent

    516 Hendee St, Elgin, IL 60123

    3 bedroom, 1 full bath unit in 2 unit building with 1 car detached garage and yard. Hardwood flooring throughout. Fresh, neutral paint. Coin laundry in basement. All adults over the age of 18 must apply. $40 application fee per adult. 580 minimum credit score, income must be greater than or equal to 3x monthly rent, no prior evictions, no felonies and no bankruptcies.

    516 Hendee St, Elgin, IL 60123
  • /14

    $2,100 Per Month

    • 2 Beds
    • 2 Baths
    • 1,200 Sq Ft
    • Condo for Rent

    1103 Stratford Ct Unit D, Elgin, IL 60120

    Great 1 level living! Beautiful 2nd floor condo unit! Large living room with cathedral ceilings, picture window and built-in bookshelves! Bright eat-in kitchen with cathedral ceilings, white cabinetry, breakfast bar, newer quartz countertops, tile backsplash and newer appliances included! Separate eating area with French door to the private balcony! Spacious master bedroom with cathedral

    Bob Wisdom RE/MAX Horizon

    1103 Stratford Ct Unit D, Elgin, IL 60120
  • /20

    $1,845 Per Month

    • 2 Beds
    • 2 Baths
    • 1,304 Sq Ft
    • Exceptionally Clean 2-Bedroom Ranch with Double Car Garage

    1493 Keystone Ct, Elgin, IL 60120

    This beautiful ranch style end-unit is the cleanest you will find. There is plenty of room with1,300+ total sq. ft. including a massive 12.5' X 15' master bedroom with 9ft ceilings. Private master bath includes Jacuzzi style tub. The kitchen and dining room have ceramic floors and vaulted ceilings that extend into the living room (which has hardwood flooring). There is ample parking with a

    1493 Keystone Ct, Elgin, IL 60120
  • /11

    $1,550 Per Month

    • 2 Beds
    • 1 Bath
    • Condo for Rent

    119 Tennyson Ct, Elgin, IL 60120

    Top floor unit with 2 bed and 1 bath. Neutral paint, laminate flooring. Coin laundry in basement.All adults over the age of 18 must apply. $40 application fee per adult. 580 minimum credit score, income must be greater than or equal to 3x monthly rent, no prior evictions, no felonies and no bankruptcies.

    119 Tennyson Ct, Elgin, IL 60120
  • /2

    Starting at $1,250 Per Month

    • Studio - 1 Bed

    237 Robert Dr, Elgin, IL 60123

    We are a small, quiet 28 unit property situated in a residential community conveniently located just 1 block from Larkin High School's athletic fields and less than a mile from the beautiful Elgin Community College campus.We are walking distance to shopping with easy access to Route 20.Only market rate apartments available.No habla, Espanol

    Royal Ridge Apartments

    (224) 268-8936

    237 Robert Dr, Elgin, IL 60123
  • /19

    $3,000 Per Month

    • 2 Beds
    • 2 Baths
    • 975 Sq Ft
    • Condo for Rent

    801 N Mclean Blvd Unit 140, Elgin, IL 60123

    Live the good life in this first floor condo in the beautiful and sought after Greens of Elgin. This freshly painted, 2 bedroom, 2 bath home has all the amenities you'd like. Join others in this 55+ friendly community! Newer appliances, and an open floor plan that leads to the first floor patio. Plenty of cabinets featuring pull out drawers and ample counter space. Fridge (2020), stove/microwave

    Sue Perdue Baird & Warner

    801 N Mclean Blvd Unit 140, Elgin, IL 60123
  • /7

    $1,200 Per Month

    • 1 Bed
    • 1 Bath
    • 500 Sq Ft
    • Apartment for Rent

    370 Bent St Unit 1, Elgin, IL 60120

    Spacious and airy one-bedroom unit located on Elgin's desirable east side! This move-in-ready home features an inviting and functional floor plan with stylish updates throughout. Step into the bright and open living and dining room combo, filled with abundant natural light. The charming kitchen showcases a tasteful backsplash, while the updated bathroom offers a sleek stand-up shower. Enjoy

    Kate Roth Suburban Life Realty, Ltd

    370 Bent St Unit 1, Elgin, IL 60120
  • /2

    $3,100 Per Month

    • 3 Beds
    • 4 Baths
    • 2,400 Sq Ft
    • Townhouse for Rent

    1289 Bradley Cir, Elgin, IL 60120

    FULLY EQUIPPED THEATER ROOM. Rents range from $1,950-$2,700. Gorgeous New Construction Townhome features a fireplace with gas logs, sumptuous master suite with two showers and two sinks, hardwood floors throughout, attached garage, theater room with eight seats, finished basement space, open floor plan, chef's kitchen with stainless steel and granite, tons of natural light, Don't Miss! Ask about

    Cameel Halim Wilmette Real Estate & Management Company LLC

    1289 Bradley Cir, Elgin, IL 60120
  • /2

    $3,400 Per Month

    • 4 Beds
    • 5 Baths
    • 2,600 Sq Ft
    • Townhouse for Rent

    1154 Megan Ct, Elgin, IL 60120

    FULLY EQUIPPED THEATER ROOM. Gorgeous new construction townhome features fireplace with gas logs, sumptuous master suite with two showers and two sinks, hardwood floors throughout, attached garage, theater room with eight seats, finished basement space, open floor plan, chef's kitchen with stainless steel appliances and granite, tons of natural light. Don't miss!

    Cameel Halim Wilmette Real Estate & Management Company LLC

    1154 Megan Ct, Elgin, IL 60120
  • /22

    $2,400 Per Month

    • 2 Beds
    • 2.5 Baths
    • Townhouse for Rent

    2444 Emily Ln Unit 2444, Elgin, IL 60124

    Pride of ownership shows on this rental. Nice end unit split level home with tons of space that includes a living room up and a family room down. Master has a private bath and a sitting area. 2nd bedroom is private on the lower level with its own private bath. All appliances come in the unit including the washer and dryer. 2 car attached garage. Credit and background check thru my smart move for

    Brandy Schuldt Keller Williams North Shore West

    2444 Emily Ln Unit 2444, Elgin, IL 60124
  • /17

    $1,750 Per Month

    • 2 Beds
    • 1 Bath
    • 800 Sq Ft
    • Apartment for Rent

    420 Prospect Blvd Unit 1-N, Elgin, IL 60120

    Live like a celebrity in this newly rehabbed apartment located at 420 Prospect Blvd Unit 1-N, Elgin, IL 60120. Available May 1st, 2026. This beautifully updated unit features two spacious bedrooms and one fully renovated bathroom, offering a modern and comfortable living space. Enjoy laminated hardwood floors, crisp white walls, and oversized new windows that flood the home with natural sunlight.

    Hugo Galicia Home First Realty Inc

    420 Prospect Blvd Unit 1-N, Elgin, IL 60120
  • /30

    $17,706

    Total Monthly Price

    • 5 Beds
    • 3 Baths
    • Condo for Rent

    886 Arthur Dr Unit SI ID1285093P, Elgin, IL 60120

    The advertised rate of $17,706/month is the lowest available price, based on a 30 day(s) stay with a move-in date of August 5, 2026.Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be

    886 Arthur Dr Unit SI ID1285093P, Elgin, IL 60120
  • /20

    $17,743

    Total Monthly Price

    • 5 Beds
    • 3 Baths
    • Condo for Rent

    908 Arthur Dr Unit SI ID1285092P, Elgin, IL 60120

    The advertised rate of $17,743/month is the lowest available price, based on a 30 day(s) stay with a move-in date of August 6, 2026.Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be

    (224) 549-2466

    908 Arthur Dr Unit SI ID1285092P, Elgin, IL 60120
  • /23

    $2,500 Per Month

    • 4 Beds
    • 2 Baths
    • 1,120 Sq Ft
    • House for Rent

    39W910 U S 20, Elgin, IL 60124

    301 Scholl District!! Great Country feel in this Ranch Style home with 3 Bedrooms, 2 Bathrooms and 2 car attached garage. Home over looks fields which are being farmed. Full Basement with 2 finished rooms one could be used as a bedroom or office. Large Living room with Dining area and lots of windows make it bright and cheery and ideal to enjoy beautiful sunsets. Very Private location!! tucked in

    Ana Torelli RE/MAX Horizon

    39W910 U S 20, Elgin, IL 60124
  • /25

    $3,000 Per Month

    • 4 Beds
    • 2 Baths
    • Townhouse for Rent

    71 Park Row Unit 73, Elgin, IL 60120

    This historical district home is loaded with charm and character.Its stunning original stained windows bring so much light. This wonderful unit offers 4 bedrooms and 2 full baths. Its fully finished walk-out basement, which comes with private entrances at both front and back makes it perfect for in-laws. extended family or a group of roommates. This home is located right in front of Gifford Park,

    Joseph Trifilio Berkshire Hathaway HomeServices Starck Real Estate

    71 Park Row Unit 73, Elgin, IL 60120
  • /24

    $2,750 Per Month

    • 3 Beds
    • 1 Bath
    • 1,600 Sq Ft
    • Apartment for Rent

    371 Fulton St Unit 2, Elgin, IL 60120

    This is a wonderful 2 flat building that has an owner that takes pride in ownership that shows throughout the home. 2 bedrooms with an extra room that can be used as a 3rd bedroom. Wood flooring throughout, updated kitchen, nice bathroom, good sized rooms throughout, nice closet space, 2 exterior parking spaces on side of building, water and heat included, basement storage and free washer dryer

    Joseph Trifilio Berkshire Hathaway HomeServices Starck Real Estate

    371 Fulton St Unit 2, Elgin, IL 60120

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Frequently Asked Questions

How much does it cost to rent a home in Elgin, IL?
The median rent for a home in Elgin, IL is $2,350 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option while single-family homes and townhouses are currently more expensive.
How much do you need to make to afford rent in Elgin, IL?
To comfortably afford the median rent in Elgin, IL, a household needs to earn roughly $94,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,350 per month in Elgin, IL, renters typically need to show $7,050 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Elgin, IL?
In Elgin, IL, the price-to-rent ratio is 12.8, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Elgin, IL are best for renting a home?
The best neighborhood for renting in Elgin, IL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Northeast Elgin, Gifford Park, Willow Lake Estates, Cobblers Crossing and Bluff City, each with its own character and price range.

Rental Trends in Elgin, IL

Rental Home Trends

Number of Homes for Rent
58
Median Rent
$2,350
Median Single Family Home Rent
$2,250
Median Townhouse Rent
$2,395
Median Condo Rent
$1,550
How to Rent a Home