Elgin city: Median Gross Rent Trend
How Elgin city's median gross rent changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
$1,201
2023
$1,206
Total change
+$5
% change
+0.4%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $1,201 | — |
| 2019 | $1,533 | +$332 (27.6%) |
| 2020 | $1,414 | $119 (-7.8%) |
| 2021 | $1,318 | $96 (-6.8%) |
| 2022 | $1,248 | $70 (-5.3%) |
| 2023 | $1,206 | $42 (-3.4%) |