Elgin Homes for Rent
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We have so much room in our new rental property that we can barely fill up all the rooms with furniture. We can't wait to start decorating! - Elgin,IL
Elgin Homes for Rent
There are a good number of enticing houses for rent in Elgin that are absolutely straightforward to discover using the home rental search features on MyNewPlace. Search townhomes, condos, or single family homes that fit your housing rental needs in all the most ideal parts of Elgin. Have more questions about renting? Check out our Renter's Guide for all the answers!
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Elgin Market Trends
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Household Income
Household Income City State City Compared to State Less than $10,000 4.6% 8.3% -3.7% $10,000 to $14,999 4.2% 5.5% -1.3% $15,000 to $19,999 4.2% 5.5% -1.3% $20,000 to $24,999 4.7% 5.8% -1.1% $25,000 to $29,999 5.3% 5.9% -0.6% $30,000 to $34,999 6.2% 6.0% +0.2% $35,000 to $39,999 5.9% 5.7% +0.2% $40,000 to $44,999 5.8% 5.6% +0.2% $45,000 to $49,999 5.8% 5.0% +0.8% $50,000 to $59,999 11.6% 9.4% +2.2% $60,000 to $74,999 13.3% 11.4% +1.9% $75,000 to $99,999 14.8% 11.6% +3.2% $100,000 to $124,999 7.2% 6.1% +1.1% $125,000 to $149,999 3.2% 2.9% +0.3% $150,000 to $199,999 1.8% 2.6% -0.8% $200,000 or more 1.4% 2.8% -1.4% -
Cost of Living
Share of Household Income Spent on Rent City State City Compared to State Less than 10.0% 5.7% 7.1% -1.4% 10.0% to 14.9% 13.9% 13.0% +0.9% 15.0% to 19.9% 18.2% 15.2% +3.0% 20.0% to 24.9% 15.6% 13.1% +2.5% 25.0% to 29.9% 11.4% 10.1% +1.3% 30.0% to 34.9% 7.4% 7.0% +0.4% 35.0% to 39.9% 5.1% 4.8% +0.3% 40.0% to 49.9% 6.2% 6.2% +0.0% 50.0% or more 13.0% 17.3% -4.3% Not computed 3.4% 6.3% -2.9% -
Age Demographic of Renters
Age Demographic of Renters City State City Compared to State 15 to 24 years 12.9% 12.2% +0.7% 25 to 34 years 31.7% 29.1% +2.6% 35 to 44 years 23.2% 21.9% +1.3% 45 to 54 years 14.6% 14.5% +0.1% 55 to 64 years 7.4% 8.2% -0.8% 65 to 74 years 4.7% 6.3% -1.6% 75 to 84 years 3.8% 5.4% -1.6% 85 years and over 1.6% 2.4% -0.8% -
Travel Time to Work
Travel Time to Work City State City Compared to State Less than 30 minutes 31.5% 28.2% +3.3% 30 to 44 minutes 24.9% 24.2% +0.7% 45 to 59 minutes 16.5% 16.4% +0.1% 60 or more minutes 27.0% 31.2% -4.2%
Source: 2000 Census
Average Price to Lease a Home Property in Elgin, Illinois
| # Bedrooms | Jun | May | Apr | 3 Month % change |
|---|---|---|---|---|
| 1 Bed | N/A | N/A | N/A | 0% |
| 2 Bed | N/A | N/A | $1,098 | 0% |
| 3 Bed | $1,548 | $1,548 | $1,243 | 24.5% |
| 4 Bed | N/A | N/A | N/A | 0% |
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Houses for Rent in Cities Near Elgin, IL
MyNewPlace can help you find the Elgin, IL home rental that will work best for you. Using our rental home search, you can view townhomes or condos for rent if you want to live downtown, or check out the rental listings for single family house rentals in the surrounding areas. Try one of these cities below for more rental houses near Elgin, IL.