Elgin, Illinois is located in Kane County, just 40 miles northwest of Chicago. It is the ninth most populous city in the state, and is a great place to live, with plenty of things to do and a diverse community. Elgin offers a vibrant rental market, with a wide variety of housing options and prices.
The city is served by two school districts: Elgin Area School District U-46, and Elgin Community College. Elgin Area School District U-46 is one of the largest districts in the state, and offers a comprehensive curriculum from kindergarten through twelfth grade. Elgin Community College provides a variety of associate and bachelor degree programs, as well as certificate programs.
Elgin is home to many great neighborhoods to choose from when looking for a rental. Downtown Elgin is a great place for those looking for an urban lifestyle, with plenty of shopping and dining options, as well as a variety of entertainment venues. The Grand Victoria Casino is also located in downtown Elgin. Other neighborhoods to consider include the historic Gifford Park neighborhood, the family-friendly Prairie Pointe neighborhood, and the affluent and well-maintained South Elgin neighborhood.
Rent prices in Elgin are highly affordable and vary depending
The average rental prices for an apartment, townhouse, condo, loft, and single family home in Elgin, IL are as follows:
Apartment: $1,347
Townhouse: $1,558
Condo: $1,367
Loft: $1,527
Single Family Home: $1,907
Rental prices in Elgin, IL have seen an overall increase over the past 5 years. According to Zillow, the median rent price in Elgin was $1,391 in November 2015, and has risen to $1,619 in November 2020. This is an increase of 16.6%.
According to RentCafe.com, the median rental prices for 1-bedroom, 2-bedroom, and 3-bedroom apartments in Elgin, IL are $1,095, $1,395, and $1,595, respectively.
Elgin School District U-46 is one of the largest in Illinois, serving more than 39,000 students. The district is also one of the most diverse in the state, with a student population that is over 45% Hispanic, 10% African American and 6% Asian. Elgin School District U-46 has earned high marks for student achievement, and the district has consistently ranked among the best in the state. In comparison to the rest of the United States, Elgin School District U-46 is above average in terms of student performance and academic achievement. The district is also well-funded, with a budget of over $500 million for the 2020-2021 school year.
1. Downtown Elgin
2. The Highlands
3. Kimball Street
4. Kimball Hill
5. South Elgin
1. Westridge
2. The Highlands
3. Bowes Creek Country Club
4. Bowes Creek Estates
5. The Gables