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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
$958
2023
$1,289
Total change
+$331
% change
+34.6%
Year Median Gross Rent Change
2017 $958
2019 $948 $10 (-1%)
2020 $1,008 +$60 (6.3%)
2021 $1,117 +$109 (10.8%)
2022 $1,128 +$11 (1%)
2023 $1,289 +$161 (14.3%)

Other Elgin city Trends