Elgin, IL Housing Statistics

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11%

Med. Home Val. NAT. AVG.

15%

Rent NAT. AVG.

10%

Owner Occ. NAT. AVG.

Elgin Housing Information

Index	Elgin	Illinois	National
Median home price	$362,159	$308,565	$326,622
Median rent asked	$1,658	$1,374	$1,444
Avg. people per household	3.0	2.6	2.6
Owner occupied households	70.1%	66.0%	63.6%
Renter occupied households	29.9%	34.0%	36.4%

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Homes For Sale In Elgin, IL

835 Oak St

Elgin, IL

14N306 Highland Ave

Elgin, IL

3596 Hyde Park Ct

Elgin, IL

3641 Eldorado Rd

Elgin, IL

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Housing Quick Facts

The median home price in Elgin is 11% higher than the national average.
The median rent asked in Elgin is 15% higher than the national average.
The average number of people per household in Elgin is 15% higher than the national average.
The number of owner occupied households in Elgin is 10% higher than the national average.
The number of renter occupied households in Elgin is 18% lower than the national average.

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Nearby cities with low home prices

	Population	Home Price	National Avg.
Union, IL	699	$312,935	4%
Carpentersville, IL	38,383	$318,737	2%
Glendale Heights, IL	34,961	$368,076	13%
Hanover Park, IL	38,780	$373,866	14%
Streamwood, IL	41,397	$375,058	15%
Elgin, IL	115,336	$362,159	11%

Cities with similar population

	Population	Home Price	National Avg.
Peoria, IL	115,301	$234,227	28%
Antioch, CA	115,196	$762,804	134%
Manchester, NH	114,918	$430,967	32%
Miami Gardens, FL	114,672	$390,825	20%
Everett, WA	114,503	$663,486	103%
Elgin, IL	115,336	$362,159	11%

Source: The Elgin, IL housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.