Rent by ZIP · Kane County
Rent in Elgin, IL 60124
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $2,690 (+6.3% vs FY2026). Renters in this ZIP code pay a median $1,957 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $2,240 | $2,100 | +6.7% | $2,016–2,464 | – |
| 1 bedroom | $2,380 | $2,250 | +5.8% | $2,142–2,618 | $1,904 ±$307 |
| 2 bedrooms | $2,690 | $2,530 | +6.3% | $2,421–2,959 | $1,737 ±$207 |
| 3 bedrooms | $3,460 | $3,260 | +6.1% | $3,114–3,806 | $2,407 ±$1,160 |
| 4 bedrooms | $3,950 | $3,770 | +4.8% | $3,555–4,345 | $1,831 ±$511 |
Small Area FMRs for the Chicago-Joliet-Naperville, IL HUD Metro FMR Area. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.
Area-wide FMR for Chicago-Joliet-Naperville, IL HUD Metro FMR Area, 2 bedrooms: $2,011.
What renters pay in 60124
How rents are spread
Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).
Nearby ZIP codes
| ZIP | Place | 2-bedroom FMR | Census median, 2 bedrooms |
|---|---|---|---|
| 60123 | Elgin | $1,790 | $1,323 |
| 60126 | Elmhurst | $2,670 | $1,934 |
| 60120 | Elgin | $1,910 | $1,417 |
| 60119 | Elburn | $2,340 | $1,550 |
| 60129 | Esmond | $1,320 | – |
| 60118 | Dundee | $2,090 | $1,457 |
Fair Market Rents across Kane County, IL · All IL counties · What is Fair Market Rent?
Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.