Apartments in South Elgin

1 - 6 of 6 Results
18
$1,815 - 3,080
355 N Ln South Elgin, IL
2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
25
$2,995
South Elgin, IL
3 BR | Jun. 15, 2024
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Dog Friendly
Cat Friendly
House
Storage
LaFox Woods
30
3D Tour
$2,995
South Elgin, IL
3 BR | May. 15, 2024
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Dog Friendly
Cat Friendly
House
LaFox Woods
28
3D Tour
$2,895
South Elgin, IL
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Disability Access
LaFox Woods
15
$1,925
South Elgin, IL
2 BR | Apr. 1, 2024
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Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
Dishwasher
3
$1,410 - 2,120
355 N Ln South Elgin, IL
1 - 2 BR | Ask for Availability
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Dog Friendly
Cat Friendly
Luxury
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1 - 6 of 6 Results
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How much does it cost to rent an apartment in South Elgin?

South Elgin Apartments
Bed Type Average Rent Range
1BR $1,450 $1,410 - $1,500
2BR $1,930 $1,700 - $2,300
3BR $3,000 $2,900 - $3,000

Search Cities Near South Elgin, IL

South Elgin:
March Rent Report

Welcome to the March 2024 South Elgin Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the March 2024 key findings and figures for the South Elgin rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in South Elgin and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of South Elgin average rent prices in the chart below.

Monthly Rent Report

$2,150
$1,610
$1,080
$540
$0
Apr. 2023
May. 2023
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
1 BR       2 BR

South Elgin Rent Prices Decrease From February to March

South Elgin rent prices decreased over the last month. From February to March, the city experienced a -5.81% decrease for the price of a one-bedroom apartment. The rent price for a South Elgin one-bedroom apartments currently stands at $1,638.0.

When we take a look at the two-bedroom comparison from February to March, South Elgin experienced a -0.65% decrease for the price of a two-bedroom apartment. The rent price for a South Elgin two-bedroom apartments currently stands at $1,978.0.

March Prices: South Elgin vs. Surrounding Areas

Rent Prices in South Elgin and Surrounding Areas

Rent prices have decreased in South Elgin over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the South Elgin suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the South Elgin suburbs

  • Rents did not decrease in any of the South Elgin suburbs.

March 2024 Pricing Trends: South Elgin vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Minneapolis, MN
Columbus, OH
Pittsburgh, PA
$3,976
$3,029
$2,358
$2,336
$1,866
$1,310
$1,235
$1,124
$0
$1,300
$2,600
$3,900
$5,200
Median Rent

South Elgin Rent Prices More Affordable Than Major Cities

Rent growth in South Elgin over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, South Elgin average rent prices appear to be relatively affordable for local residents.

The price for a South Elgin one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about South Elgin and surrounding area rent prices, take a look at the complete data set below.

Data set for South Elgin and suburbs

1 BR March 1 BR M/M % Change 2 BR March 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.