2-Bedroom Rent · July 2026

2-Bedroom Apartment Rent in Elgin, IL

$1,953/mo

Median asking rent for a 2-bedroom apartment in Elgin, Illinois as of July 2026. That's +2% higher than the citywide median of $1,909 and +18% above the national 2-bedroom median of $1,655.

2-Bedroom median
$1,953
July 2026
vs city overall
+2%
$1,909 city median
vs national
+18%
$1,655 US median
Illinois rank
#96
of 142 cities

Income needed for a 2-bedroom in Elgin

Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a 2-bedroom at the current median rent.

Annual income
$78,120
Monthly gross
$6,510
Hourly (full-time)
$37.56

Rent by apartment size in Elgin

Compare Elgin's median rent across every apartment size.

Studio
$1,620
1-Bedroom
$1,730
2-Bedroom (current)
$1,953
3-Bedroom
$2,507
4+ Bedroom
$2,947

Cheapest cities for a 2-bedroom in Illinois

#City2-Bedroom rent
1Rantoul$762
2Dixon$870
3Pekin$920
4Charleston$930
5Quincy$950
6Macomb$960
7Rock Island$990
8Decatur$995
9Carbondale$1,010
10Danville$1,010
11Moline$1,010
12Normal$1,010
13Savoy$1,010
14Pontoon Beach$1,014
15Marion$1,020

Most expensive cities for a 2-bedroom in Illinois

#City2-Bedroom rent
1Morton Grove$2,640
2Lake Forest$2,640
3Deerfield$2,640
4Barrington$2,640
5Wilmette$2,530
6Buffalo Grove$2,530
7Highland Park$2,490
8Plainfield$2,455
9Naperville$2,388
10Vernon Hills$2,380
11Streamwood$2,380
12Northbrook$2,370
13Bartlett$2,340
14Bolingbrook$2,325
15Romeoville$2,310

Nearby cities — 2-bedroom rent

Considering nearby alternatives? 3 of these cities have cheaper 2-bedroom rents than Elgin.

CityDistance2-Bedroom rentvs Elgin
West Dundee, IL5.2 mi$1,750$-203 (-10%)
Saint Charles, IL7.1 mi$2,110+$157 (+8%)
Bartlett, IL8.5 mi$2,340+$387 (+20%)
Streamwood, IL9.6 mi$2,380+$427 (+22%)
Geneva, IL10.7 mi$2,300+$347 (+18%)
Lake in the Hills, IL11.9 mi$2,130+$177 (+9%)
Barrington, IL13.1 mi$2,640+$687 (+35%)
Crystal Lake, IL13.9 mi$1,790$-163 (-8%)
Carol Stream, IL15.2 mi$1,880$-73 (-4%)
North Aurora, IL15.5 mi$1,980+$27 (+1%)
Roselle, IL16.1 mi$2,050+$97 (+5%)
Schaumburg, IL16.4 mi$2,197+$244 (+12%)

2-Bedroom rent in Elgin — common questions

How much is a 2-bedroom apartment in Elgin?

As of July 2026, the median 2-bedroom apartment rent in Elgin, Illinois is $1,953 per month. This is +2% higher than the citywide median of $1,909.

What income do you need to afford a 2-bedroom in Elgin?

Using the standard 30% rent-to-income rule, you would need an annual income of about $78,120 ($6,510/month gross), which works out to roughly $37.56/hour at a full-time job.

Is Elgin expensive for a 2-bedroom compared to the rest of the US?

Elgin's 2-bedroom median of $1,953 is +18% above the national 2-bedroom median of $1,655. It ranks in the 66th percentile of US cities tracked.

How does Elgin rank for 2-bedroom rent in Illinois?

Among the 142 cities in Illinois with 2-bedroom data, Elgin ranks #96 from cheapest to most expensive.

Are there cheaper 2-bedroom options near Elgin?

Yes — nearby cities with cheaper 2-bedroom rents include West Dundee ($1,750), Crystal Lake ($1,790), Carol Stream ($1,880).

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Methodology: Bedroom-level rent medians come from HUD Fair Market Rent data calibrated to the Zillow Observed Rent Index (ZORI) for Elgin, which serves as the citywide anchor. When the HUD bedroom values exceed the ZORI city median (a common quirk in luxury markets and small samples), bedroom values are proportionally scaled down to align. Income required uses the standard 30% rent-to-income guideline. Comparison rankings use the same data month across all cities (July 2026) and exclude cities with median rent below $400 or above $20,000.