South Elgin, IL rental market

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Last updated August 29, 2025

Rental market summary

The average rent for all bedrooms and all property types in South Elgin, IL is $1,950.

Average rent

$1,950

Month-over-month change

-$400

Year-over-year change

-$750

Available rentals

16

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $1,500 to $3,895.

Rent frequencies
Rent priceNumber of rental properties
$1,4001
$1,5001
$1,6004
$1,7006
$1,8002
$1,9002
$2,0002
$2,2001
$2,6001
$2,7001
$2,8001
$2,9001
$3,7001
$3,800+2

Average rent price over time

In the last year, rent has decreased by $750 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$2,015$2,095
Feb$2,400$2,700
Mar$2,095$1,750
Apr$1,875$2,500
May$2,500$1,950
Jun$2,895$2,000
Jul$1,900$2,300
Aug$2,150$2,350
Sep$2,733No data
Oct$2,765No data
Nov$2,095No data
Dec$1,900No data

Market temperature

The South Elgin, IL rental market temperature is HOT. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

hot

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in South Elgin, IL is 7% lower than the national average.

South Elgin, ILvs.

$1,950

$2,100

Rent in South Elgin, IL

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Frequently asked questions

1. What is the average rent in South Elgin, IL?

The average rent in South Elgin, IL is $1,950.

2. How much does it cost to rent a house in South Elgin, IL?

Houses in South Elgin, IL rent between $1,500 - $3,895 with an average rent of $1,950.

3. How has the rent in South Elgin, IL changed in the last year?

In the last year, the rent in South Elgin, IL decreased by $750

4. How much has the rent in South Elgin, IL increased/decreased in the last month?

In the last month, the rent in South Elgin, IL decreased by $400

5. How many available rentals are there in South Elgin, IL?

There are currently 16 rentals available in South Elgin, IL.

6. How do rent prices in South Elgin, IL compare with the national average?

The average rent in South Elgin, IL is $1,950 — 7.14% lower the national average of $2,100.

Nearby areas

Zip codes in South Elgin, IL