Studio Apartment Rent in Elk Grove Village, IL
Median asking rent for a studio apartment in Elk Grove Village, Illinois as of July 2026. That's +9% lower than the citywide median of $1,781 and +26% above the national studio median of $1,290.
Income needed for a studio in Elk Grove Village
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 studio at the current median rent.
Rent by apartment size in Elk Grove Village
Compare Elk Grove Village's median rent across every apartment size.
Cheapest cities for a studio in Illinois
| # | City | Studio rent |
|---|---|---|
| 1 | Dixon | $610 |
| 2 | Rantoul | $638 |
| 3 | Charleston | $640 |
| 4 | Quincy | $650 |
| 5 | Macomb | $660 |
| 6 | Pekin | $660 |
| 7 | Rock Island | $680 |
| 8 | Danville | $690 |
| 9 | Carbondale | $700 |
| 10 | Moline | $700 |
| 11 | Normal | $720 |
| 12 | Peoria | $738 |
| 13 | Springfield | $750 |
| 14 | Washington | $750 |
| 15 | Decatur | $760 |
Most expensive cities for a studio in Illinois
| # | City | Studio rent |
|---|---|---|
| 1 | Morton Grove | $2,190 |
| 2 | Lake Forest | $2,190 |
| 3 | Deerfield | $2,190 |
| 4 | Barrington | $2,190 |
| 5 | Wilmette | $2,100 |
| 6 | Buffalo Grove | $2,100 |
| 7 | Highland Park | $2,060 |
| 8 | Plainfield | $2,015 |
| 9 | Naperville | $1,978 |
| 10 | Vernon Hills | $1,970 |
| 11 | Streamwood | $1,970 |
| 12 | Northbrook | $1,960 |
| 13 | Bartlett | $1,940 |
| 14 | Bolingbrook | $1,925 |
| 15 | Romeoville | $1,910 |
Nearby cities — studio rent
Considering nearby alternatives? 4 of these cities have cheaper studio rents than Elk Grove Village.
| City | Distance | Studio rent | vs Elk Grove Village |
|---|---|---|---|
| Rolling Meadows, IL | 4.4 mi | $1,620 | — |
| Arlington Heights, IL | 5.6 mi | $1,690 | +$70 (+4%) |
| Addison, IL | 5.6 mi | $1,310 | $-310 (-19%) |
| Schaumburg, IL | 6.2 mi | $1,817 | +$197 (+12%) |
| Roselle, IL | 6.7 mi | $1,700 | +$80 (+5%) |
| Des Plaines, IL | 7.1 mi | $1,370 | $-250 (-15%) |
| Bloomingdale, IL | 7.7 mi | $1,660 | +$40 (+2%) |
| Glendale Heights, IL | 8.3 mi | $1,660 | +$40 (+2%) |
| Palatine, IL | 8.3 mi | $1,550 | $-70 (-4%) |
| Elmhurst, IL | 8.6 mi | $1,910 | +$290 (+18%) |
| Lombard, IL | 9.5 mi | $1,780 | +$160 (+10%) |
| Wheeling, IL | 9.9 mi | $1,570 | $-50 (-3%) |
Studio rent in Elk Grove Village — common questions
How much is a studio apartment in Elk Grove Village?
As of July 2026, the median studio apartment rent in Elk Grove Village, Illinois is $1,620 per month. This is +9% below the citywide median of $1,781.
What income do you need to afford a studio in Elk Grove Village?
Using the standard 30% rent-to-income rule, you would need an annual income of about $64,800 ($5,400/month gross), which works out to roughly $31.15/hour at a full-time job.
Is Elk Grove Village expensive for a studio compared to the rest of the US?
Elk Grove Village's studio median of $1,620 is +26% above the national studio median of $1,290. It ranks in the 72th percentile of US cities tracked.
How does Elk Grove Village rank for studio rent in Illinois?
Among the 140 cities in Illinois with studio data, Elk Grove Village ranks #94 from cheapest to most expensive.
Are there cheaper studio options near Elk Grove Village?
Yes — nearby cities with cheaper studio rents include Addison ($1,310), Des Plaines ($1,370), Palatine ($1,550).