South Elgin village: Median Gross Rent Trend
How South Elgin village'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
$1,314
2023
$1,619
Total change
+$305
% change
+23.2%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $1,314 | — |
| 2019 | $1,415 | +$101 (7.7%) |
| 2020 | $1,496 | +$81 (5.7%) |
| 2021 | $1,538 | +$42 (2.8%) |
| 2022 | $1,637 | +$99 (6.4%) |
| 2023 | $1,619 | $18 (-1.1%) |