Seasons at Elgin
2611 Hopps Rd,
Elgin, IL 60124
Studio - 3 Beds | $1,795 - $3,195
Rental Market Trends in South Elgin, IL
Updated July 2026
The average rent in South Elgin, IL is $1,818/month.
Rent in South Elgin is roughly equal to the national average rent of of $1,662/month.
$1,818/month
Average Rent
759 Sq Ft
Average Size
+0.2%
Change / Year
184
Available Apartments
South Elgin rent varies by unit size and layout:
- Studio apartments in South Elgin average $1,723 per month.
- One-bedroom apartments in South Elgin average $1,818 per month.
- Two-bedroom apartments in South Elgin average $2,129 per month.
- Three-bedroom apartments in South Elgin average $2,717 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in South Elgin, IL?
In the past year, rent has increased by 0.2%, which averages out to $3 more per month.
Market Trends Over Time
July 2026
2025
2026
Rent Ranges in South Elgin, IL
July 2026
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
25%
$1,001 - $1,500/month
0%
$1,501 - $2,000/month
75%
Above $2,000/month
What salary do I need to live comfortably in South Elgin, IL?
Because the average rent in South Elgin is $1,818, you’ll want to make about $6,060 per month or $72,720 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.
How does South Elgin, IL compare to other nearby cities and neighborhoods?
Use the tool below to compare South Elgin, IL 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.
View the South Elgin Area GuideCompare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
Apartment Communities in South Elgin We Think You'll Love
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Frequently Asked Questions
What is the average rent in South Elgin?
The average rent in South Elgin is $1,818 per month, which is 9.4% higher than the national average of $1,662.
Are rents going up or down in South Elgin?
Rents in South Elgin, IL are increasing, with prices up 0.2% year-over-year and $3 more per month.
What rent range is most common in South Elgin?
In South Elgin, IL, 75% of apartments fall above $2,000/month, though prices may vary depending on location and other factors.
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.