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Rental Market Trends in Elgin, TX

What is the average rent in Elgin, TX?

$1,140/month

Average Rent

746 Sq Ft

Average Apartment Size

+3.1%

Increase in the Last Year

As of June 2026, the average rent in Elgin, TX is $1,140 per month. This is 31% lower than the national average rent of $1,644/month, making renting in Elgin more affordable than most cities in the US. When you rent an apartment in Elgin, you can expect to pay about $834 per month for a studio, $1,140 for a one-bedroom apartment, and around $1,224 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,534 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$834/month
331 Sq Ft
One Bedroom
$1,140/month
746 Sq Ft
Two Bedroom
$1,224/month
977 Sq Ft
Three Bedroom
$1,534/month
1,226 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$2,022/month
1,587 Sq Ft
Four Bedroom
$2,250/month
2,088 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Elgin, TX?

In the past year, rent has increased by 3.1%, which averages out to $36 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated June 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Elgin, TX
Last Updated June 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Elgin, TX
Percentage*
Rent Range
0% Below $700/month
40% $700 - $1,000/month
60% $1,001 - $1,500/month
0% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Elgin, TX?

Because the average rent in Elgin is $1,140, you’ll want to make about $3,800 per month or $45,600 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Elgin, TX

64 Available Apartments for Rent

Search for Nearby Apartments

How does Elgin, TX compare to other nearby cities and neighborhoods?

Use the tool below to compare Elgin, TX to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Elgin, TX

Apartment Averages

Nearby City Rent Trends

  • Manor Average Rent
  • Pflugerville Average Rent

Apartment communities in Elgin we think you'll love

Crescent Village

Crescent Village

13817 County Line Rd,
Elgin, TX 78621

$1,647

2 Beds

14129 Tordillo Dr

14129 Tordillo Dr

14129 Tordillo Dr,
Elgin, TX 78621

$2,675 Total Monthly Price

4 Beds | 12 Month Lease

17729 Oso Cv

17729 Oso Cv

17729 Oso Cv,
Elgin, TX 78621

$1,750 Total Monthly Price

3 Beds | 12 Month Lease

Parkview Apartments

Parkview Apartments

405 N Hwy 95,
Elgin, TX 78621

$880 - $1,150

Studio - 2 Beds

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United States Texas Elgin Rental Trends

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.

* Percentages may not total 100 due to rounding.

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© 2026 CoStar Group, Inc.

Equal Housing Opportunity