Elgin, Kane County, IL Housing Trends, Rent, Price-to-Rent

Market Summary

Elgin, Kane County, IL

Median Home Price Price

$315,099 $315.1K

Median Monthly Rent Rent

$2,104 $2.1K

GRM

12.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Elgin, IL is $2,104, with MoM change +$21 and YoY change +$161 pointing to positive momentum while volatility is low (std $40).

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Metric

Base market Elgin, IL

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Delta vs base

Median rent

$2,104

N/A

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Median price

$315,099

N/A

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YoY change

+$161

N/A

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Price-to-rent

12.5x

Data unavailable

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