What is the median home price in Elgin, IL?

The median home value in Elgin, IL is approximately $252,400, with median rent around $1,260/mo (U.S. Census ACS). Elgin is in Kane County.

What is the cost of living like in Elgin, IL?

Elgin has a median household income near $88,316 against a median home value of $252,400 and median rent of $1,260/mo. Illinois's state income tax is 4.95% and effective property tax runs around 2.05%.

Can I use Remote Prop View in Elgin, IL?

Yes. Remote Prop View's market data, demographics, and scam-aware research tools work nationwide. Our deep property search, comparable sales, and TruReport verification packet currently focus on the Dallas-Fort Worth, TX metro.

Elgin, IL Real Estate

Elgin is a city in Kane County, Illinois with a population of about 114,106. The median home value is near $252,400, and median rent runs around $1,260/mo.

Market + demographic figures: U.S. Census ACS (2023 5-year). Geocoding: OpenStreetMap.

Median Home Value

$252,400

Median Rent

$1,260/mo

Population

114,106

Median Income

$88,316

Median Age

36.3

Homeownership

71.4%

Monthly payment on a median Elgin home

Example for a $252,400 home: 20% down, 30-yr at ~6.75%, IL property tax ~2.05%, 0.4% insurance.

Est. monthly (PITI)

$1,825

Principal & interest

$1,310

Property tax / mo

$431

Down payment (20%)

$50,480

Elgin at a glance

16.9% of residents 25+ hold a bachelor's degree or higher.
71.4% of occupied homes are owner-occupied.
Median household income is $88,316.
Always verify the assigned school district, flood zone, and HOA for a specific address before signing.

Other Illinois cities

Chicago →Aurora →Joliet →Naperville →Rockford →Springfield →

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