Elgin (City), Illinois - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted (Zillow)

Updated on March 22, 2026.

According to data from Zillow.com, the smoothed and seasonally adjusted Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily in Elgin (City), Illinois in February 2026 was $1,736.181. The month over month percentage change (MoM) was -0.16%, and the year over year percentage change (YoY) was 0.70%.

The chart below shows the trend of the smoothed and seasonally adjusted ZORI for Elgin (City), IL. The table below shows the trend of the smoothed and seasonally adjusted ZORI, and the MoM and YoY percentage changes for Elgin (City), IL.

You can see similar information for other Illinois cities.

Note: Zillow Observed Rent Index (ZORI) is a smoothed measure of the typical observed market rate rent across a given region. ZORI is a repeat-rent index that is weighted to the rental housing stock to ensure representativeness across the entire market, not just homes currently listed for-rent.

Data Source: Zillow.
Elgin (City), IL - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted ($)
Elgin (City), IL - Trend of Zillow Observed Rent Index (ZORI) for All Homes Plus Multifamily, Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZORI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 997.4907629669883 NaN NaN
Feb 2015 999.7256795216733 0.22 NaN
Mar 2015 993.9797590960654 -0.57 NaN
Apr 2015 1001.2604767428619 0.73 NaN
May 2015 1002.300575862327 0.10 NaN
Jun 2015 1012.0262970158295 0.97 NaN
Jul 2015 1011.1274468221005 -0.09 NaN
Aug 2015 1018.9479290614976 0.77 NaN
Sep 2015 1011.9242207685263 -0.69 NaN
Oct 2015 1022.7971543606966 1.07 NaN
Nov 2015 1024.957089786157 0.21 NaN
Dec 2015 1027.8065523299906 0.28 NaN
Jan 2016 1032.1902191826152 0.43 3.48
Feb 2016 1035.2352549447005 0.30 3.55
Mar 2016 1042.753247977153 0.73 4.91
Apr 2016 1028.17950301898 -1.40 2.69
May 2016 1023.8604325215406 -0.42 2.15
Jun 2016 1032.1901076092151 0.81 1.99
Jul 2016 1048.178912280127 1.55 3.66
Aug 2016 1051.6922063184918 0.34 3.21
Sep 2016 1052.3310993843497 0.06 3.99
Oct 2016 1045.768995916975 -0.62 2.25
Nov 2016 1050.0750627743093 0.41 2.45
Dec 2016 1050.6292288889854 0.05 2.22
Jan 2017 1054.1099061241184 0.33 2.12
Feb 2017 1061.083265128431 0.66 2.50
Mar 2017 1060.3697294978965 -0.07 1.69
Apr 2017 1066.4841103565016 0.58 3.73
May 2017 1075.444063445439 0.84 5.04
Jun 2017 1081.0934534395583 0.53 4.74
Jul 2017 1080.8614759510174 -0.02 3.12
Aug 2017 1079.2192344799973 -0.15 2.62
Sep 2017 1082.9850352198175 0.35 2.91
Oct 2017 1082.511812290984 -0.04 3.51
Nov 2017 1084.245667146276 0.16 3.25
Dec 2017 1092.3863556674078 0.75 3.97
Jan 2018 1100.0047685155955 0.70 4.35
Feb 2018 1106.0676004505624 0.55 4.24
Mar 2018 1094.6345806175852 -1.03 3.23
Apr 2018 1107.4567185129388 1.17 3.84
May 2018 1102.8707700419907 -0.41 2.55
Jun 2018 1110.5396889958051 0.70 2.72
Jul 2018 1106.8372978228833 -0.33 2.40
Aug 2018 1110.9407962772505 0.37 2.94
Sep 2018 1120.946352395684 0.90 3.51
Oct 2018 1137.4602712868475 1.47 5.08
Nov 2018 1145.3611691577864 0.70 5.64
Dec 2018 1142.1096605782552 -0.28 4.55
Jan 2019 1130.311371064441 -1.03 2.76
Feb 2019 1134.935771948942 0.41 2.61
Mar 2019 1150.8791920298431 1.41 5.14
Apr 2019 1148.7916254412116 -0.18 3.73
May 2019 1157.1900146878909 0.73 4.93
Jun 2019 1154.7815840559629 -0.21 3.98
Jul 2019 1162.9345385527893 0.71 5.07
Aug 2019 1168.1270225908436 0.45 5.15
Sep 2019 1167.014611244412 -0.09 4.11
Oct 2019 1163.9802175532113 -0.26 2.33
Nov 2019 1164.67053489577 0.06 1.69
Dec 2019 1171.597378736427 0.60 2.58
Jan 2020 1184.7585977834783 1.12 4.82
Feb 2020 1185.414348316762 0.06 4.45
Mar 2020 1175.597102080656 -0.83 2.15
Apr 2020 1183.0724215880266 0.64 2.98
May 2020 1186.0868656935354 0.26 2.50
Jun 2020 1196.9849810121984 0.92 3.66
Jul 2020 1194.180945841897 -0.23 2.69
Aug 2020 1198.340915600812 0.35 2.59
Sep 2020 1194.2835942091228 -0.34 2.34
Oct 2020 1204.8845843505628 0.89 3.51
Nov 2020 1221.6109851570843 1.39 4.89
Dec 2020 1223.080219770175 0.12 4.39
Jan 2021 1217.115803017092 -0.49 2.73
Feb 2021 1227.0577634775564 0.82 3.51
Mar 2021 1229.9895870594164 0.24 4.63
Apr 2021 1242.0057495322735 0.98 4.98
May 2021 1257.9863089492846 1.29 6.06
Jun 2021 1278.0327004183812 1.59 6.77
Jul 2021 1301.9029694074018 1.87 9.02
Aug 2021 1302.6237132292526 0.06 8.70
Sep 2021 1320.8715462176335 1.40 10.60
Oct 2021 1323.3235158075465 0.19 9.83
Nov 2021 1331.9967458475123 0.66 9.04
Dec 2021 1338.8969670269441 0.52 9.47
Jan 2022 1360.0239257350463 1.58 11.74
Feb 2022 1363.6698486392909 0.27 11.13
Mar 2022 1373.3975655313634 0.71 11.66
Apr 2022 1374.300490971902 0.07 10.65
May 2022 1387.204676323261 0.94 10.27
Jun 2022 1390.667640992356 0.25 8.81
Jul 2022 1393.78381707875 0.22 7.06
Aug 2022 1422.7996017133078 2.08 9.23
Sep 2022 1448.1274322334903 1.78 9.63
Oct 2022 1474.1271004074297 1.80 11.40
Nov 2022 1448.9538288547044 -1.71 8.78
Dec 2022 1473.4324300438172 1.69 10.05
Jan 2023 1473.813583671832 0.03 8.37
Feb 2023 1514.547836526932 2.76 11.06
Mar 2023 1515.4581604080538 0.06 10.34
Apr 2023 1530.597371740894 1.00 11.37
May 2023 1535.1939399663847 0.30 10.67
Jun 2023 1549.4015070789987 0.93 11.41
Jul 2023 1562.2849144240283 0.83 12.09
Aug 2023 1561.7704295326023 -0.03 9.77
Sep 2023 1551.8211947049638 -0.64 7.16
Oct 2023 1559.7049775512644 0.51 5.81
Nov 2023 1600.570265081813 2.62 10.46
Dec 2023 1602.0745547053004 0.09 8.73
Jan 2024 1613.9610939511806 0.74 9.51
Feb 2024 1613.160713464831 -0.05 6.51
Mar 2024 1642.2197320066045 1.80 8.37
Apr 2024 1653.8086012773579 0.71 8.05
May 2024 1662.5064362305652 0.53 8.29
Jun 2024 1659.869370505181 -0.16 7.13
Jul 2024 1653.6967581941863 -0.37 5.85
Aug 2024 1655.885165104214 0.13 6.03
Sep 2024 1665.9707646149636 0.61 7.36
Oct 2024 1667.4078283629362 0.09 6.91
Nov 2024 1681.4497717493562 0.84 5.05
Dec 2024 1705.0492974783785 1.40 6.43
Jan 2025 1723.2176916272533 1.07 6.77
Feb 2025 1724.1722948955178 0.06 6.88
Mar 2025 1722.367985230465 -0.10 4.88
Apr 2025 1727.6104785937132 0.30 4.46
May 2025 1736.2668520511747 0.50 4.44
Jun 2025 1749.5445637476903 0.77 5.40
Jul 2025 1764.7385114221531 0.87 6.72
Aug 2025 1773.4873026965236 0.50 7.10
Sep 2025 1779.580739299869 0.34 6.82
Oct 2025 1782.0174086938375 0.14 6.87
Nov 2025 1766.6146332579779 -0.86 5.07
Dec 2025 1751.562853383627 -0.85 2.73
Jan 2026 1739.0317763464163 -0.71 0.92
Feb 2026 1736.1805555555557 -0.16 0.70