Elgin, IL Rent History
138 months of data, 2015–2026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).
Today (2026-06)
$1,909
1-year change
+9.1%
$159/mo
5-year change
+44.0%
$583/mo
10-year change
+78.1%
$837/mo
Monthly rent trend
Loading…
Year-by-year rent in Elgin
| Year | Median rent | YoY change | vs 2015 |
|---|---|---|---|
| 2015 | $1,040/mo | — | 0.0% |
| 2016 | $1,067/mo | +2.6% | +2.6% |
| 2017 | $1,107/mo | +3.7% | +6.4% |
| 2018 | $1,149/mo | +3.8% | +10.5% |
| 2019 | $1,193/mo | +3.8% | +14.7% |
| 2020 | $1,227/mo | +2.8% | +18.0% |
| 2021 | $1,290/mo | +5.1% | +24.0% |
| 2022 | $1,426/mo | +10.5% | +37.1% |
| 2023 | $1,586/mo | +11.2% | +52.5% |
| 2024 | $1,707/mo | +7.6% | +64.1% |
| 2025 | $1,728/mo | +1.2% | +66.2% |
| 2026 | $1,822/mo | +5.4% | +75.2% |
Frequently asked questions
How much has rent in Elgin changed since 2015?
Median rent in Elgin, IL was $1,035 in 2015-01 and is $1,909 as of 2026-06 — a change of $874 per month over 11 years.
How much has Elgin rent increased in the last 5 years?
Over the past 5 years, median rent in Elgin, IL has changed +44.0% ($583 per month). The current median is $1,909.
What has rent in Elgin done over the past decade?
Over the past 10 years, median rent in Elgin, IL has changed +78.1% ($837 per month). It is now $1,909.
Is rent in Elgin going up or down year over year?
Year over year, median rent in Elgin, IL has increased +9.1% ($159/mo). Current median: $1,909.