Elgin, Illinois is a part of the Kane County Submarket submarket area, and contains 4 zip codes: 60121, 60120, 60124, and 60123.
The 2019 average effective rent for Class A, B, and C apartments in the Elgin, IL submarket area was $1,424, which is 25.68% higher than 2014 average rent. This represents a compounded annual growth rate of 4.68%. 2019 vacancy in Elgin, IL was 6.70%.
The total population of the city of Elgin, IL has grown 3.23% since 2010. As of 2018, the population was 111,683. The median household income of the Elgin was $67,029, which is 11.17% higher than the national average.
Submarket Area
Avg Rent
Rent Growth
Vacancy
Median Income
Population (2018)
Population Growth
Vs. Nat’l Avg
Zip Codes
Kane County Submarket
$1,424
25.68%
6.70%
$67,029
111,683
3.23%
11.17%
60120 60121 60123 60124
Submarket Area Kane County Submarket
Avg Rent $1,424
Rent Growth 25.68%
Vacancy 6.70%
Median Income $67,029
Population (2018) 111,683
Population Growth 3.23%
Vs. Nat’l Avg 11.17%
Zip Codes 60120 60121 60123 60124
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By providing my number and email, I agree to receive emails, text messages, and phone calls, which may be recorded unless I opt out of such communications. I understand that my consent to be contacted is not a requirement to purchase any product or service and that I can opt out at any time. Message & data rates may apply. Message frequency varies. Subscription may be canceled by texting STOP, END, QUIT, CANCEL or UNSUBSCRIBE.By submitting this form, you agree to receive personalized information. Your information is encrypted, anonymized, and will never be shared.
By providing my number and email, I agree to receive emails, text messages, and phone calls, which may be recorded unless I opt out of such communications. I understand that my consent to be contacted is not a requirement to purchase any product or service and that I can opt out at any time. Message & data rates may apply. Message frequency varies. Subscription may be canceled by texting STOP, END, QUIT, CANCEL or UNSUBSCRIBE.By submitting this form, you agree to receive personalized information. Your information is encrypted, anonymized, and will never be shared.
By providing my number and email, I agree to receive emails, text messages, and phone calls, which may be recorded unless I opt out of such communications. I understand that my consent to be contacted is not a requirement to purchase any product or service and that I can opt out at any time. Message & data rates may apply. Message frequency varies. Subscription may be canceled by texting STOP, END, QUIT, CANCEL or UNSUBSCRIBE.By submitting this form, you agree to receive personalized information. Your information is encrypted, anonymized, and will never be shared.
By providing my number and email, I agree to receive emails, text messages, and phone calls, which may be recorded unless I opt out of such communications. I understand that my consent to be contacted is not a requirement to purchase any product or service and that I can opt out at any time. Message & data rates may apply. Message frequency varies. Subscription may be canceled by texting STOP, END, QUIT, CANCEL or UNSUBSCRIBE. By submitting this form, you agree to receive personalized information. Your information is encrypted, anonymized, and will never be shared.