Market Summary

Downtown Elgin, Kane County, IL

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Median Home Price Price

$257,542 $257.5K

Median Monthly Rent Rent

$1,763 $1.8K

GRM

12.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Kane County

No similar markets found for this scope.

Home prices

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Monthly rent

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GRM

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Similar markets within IL outside of Kane County

Region Price Rent GRM Display
Willow Walk, Will County, IL
$351,998 $1,688 17.0x
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$462,456 $1,740 22.0x
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$203,172 $1,719 10.0x
Knollwood, Lake County, IL
$411,460 $1,725 20.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of IL

Region Price Rent GRM Display
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Home prices

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Monthly rent

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GRM

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Downtown Elgin

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Trend Insights

Median Rent in Downtown Elgin, IL is $1,763, with MoM change +$23 and YoY change +$208 pointing to positive momentum while volatility is low (std $56).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Downtown Elgin, IL.

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Metric
Base market Downtown Elgin, IL
Compare market Select a market
Delta vs base
Median rent
$1,763
N/A
—
Median price
$257,542
N/A
—
YoY change
+$208
N/A
—
Price-to-rent
12.2x
Data unavailable
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