Fountain Square
50 S Grove Ave,
Elgin, IL 60120
$2,200 - $3,100
2-3 Beds
Area Guide
Downtown Elgin Elgin, IL
Founded in 1836, the busy city of Elgin sits 35 miles northwest of Chicago and incorporates more than 1,600 acres of open parkland. Wandering through the city's downtown neighborhood is a journey through time, as historic architecture nestles between modern structures. Rentals in central Elgin, some of which sit beside the sparkling Fox River, include Victorian buildings and modern townhomes. Warmer days in Elgin call for a visit to Al's Cafe and Creamery on Dupage Court, where lunch options like flavorful schnitzel and freshly prepared salads satisfy enthusiastic appetites. Try Al's chocolate malt for a cool, sweet dessert and a little energy boost on a hot afternoon. Restaurant choices for supper include the Toom Toom Thai Restaurant on South Grove Avenue. Fresh Thai curry, crispy crab Rangoon, and savory potstickers make Toom Toom a top choice for locals.
Rent Trends
As of June 2026, the average apartment rent in Downtown Elgin is $2,911 for a studio, $1,794 for one bedroom, $2,067 for two bedrooms, and $3,121 for three bedrooms. Apartment rent in Downtown Elgin has increased by 3.5% in the past year.
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Studio
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1,123 sq ft
Average Sq Ft
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$2,911/month
Average Rent
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1 BR
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696 sq ft
Average Sq Ft
-
$1,794/month
Average Rent
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2 BR
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1,008 sq ft
Average Sq Ft
-
$2,067/month
Average Rent
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3 BR
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1,919 sq ft
Average Sq Ft
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$3,121/month
Average Rent
Getting Around
Explore how walkable, bikeable, drivable, and transit-friendly Downtown Elgin - Elgin, IL is for everyday living.
Moderately Walkable
Walkability
70
/ 100
Some Public Transit
Transit
50
/ 100
Moderately Drivable
Drivability
70
/ 100
Moderately Bikeable
Bikeability
60
/ 100
Daily Essentials
Downtown Elgin - Elgin, IL offers all daily essentials, but they’re limited to a few main areas.
Supermarket Within a 5 Minute Walk
Groceries
90
/ 100
Good Restaurant Variety Nearby
Restaurants
60
/ 100
Good Café Variety Nearby
Cafes
60
/ 100
Fair Variety of Shops Nearby
Shopping
40
/ 100
Recreation
Downtown Elgin - Elgin, IL provides green space and wellness resources in certain areas.
Very Large Amount of Park Space Nearby
Parks
80
/ 100
Fair Wellness Amenity Variety Nearby
Wellness
40
/ 100
Local Vibe
Get a sense of what it’s like to live in Downtown Elgin - Elgin, IL from everyday activity to noise and nightlife.
Mostly Calm Atmosphere
Vibrancy
30
/ 100
Fair Nightlife Variety Nearby
Nightlife
40
/ 100
Somewhat Noisy
Quiet Score
80
/ 100
Scores provided by
Points of Interest
Shopping Centers
Parks and Recreation
- Lords Park
- Elgin Public Museum
- Tyler Creek Forest Preserve
- Bluff Spring Fen Nature Preserve
- Hawthorne Hill Nature Center
Airports
- Chicago O'Hare International
- Chicago Midway International
Top Apartments in Downtown Elgin
Houses for Rent in Downtown Elgin
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.