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States / Illinois / Elgin

Elgin, IL Housing

ACS 2020-2024

Median Home Value
$273,000 ± $6,383
Median Gross Rent
$1,361 ± $65/mo
Homeownership Rate
71.9%
Rent as Share of Income
18.1%
Price-to-Income Ratio
3.0×
Vacancy Rate
3.0%
Median Year Built
1977

New Construction (2025)

Housing units authorized by building permit — a leading signal of new supply, from the Census Building Permits Survey.

Units Authorized
241
Buildings
206
Single-Family Units
201
Multi-Family Units
40

Nearby Cities in Illinois

Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.

Elgin, IL Housing: Rent & Home Values | HomeDataUSA