Median rent for residential apartments in Elgin, TX as of Nov, 2022.
Remember to negotiate your rent according to median rental prices. Also, take into account that the price depends on the size/amenities of the apartment.
8 Elgin, TX 78621, USA apartments for rent
Elgin
Elgin, TX has a population of 9,024, while the median age is 31. The household income in Elgin, TX is around $48,333. The homeownership rate among the residents is 57%. The median residential property value in Elgin, TX that you should keep in mind is $126,000.
| Population | 9,024 |
| Median Age | 30.7 |
| Poverty Rate | 18% |
| Household Income | $48,333 |
| Number Of Employees | 3,707 |
| Median Property Value | $126,000 |
Housing Trends
How much is an apartment in Elgin, TX 78621, USA
Average apartment rent in Elgin: $1,369 (-21.4%)
| Rent Price | Nov | vs Last Month |
|---|---|---|
| Studio apartments | $1,495 | N/A |
| 1-bed apartments | $733 | N/A |
| 2-bed apartments | $1,149 | -29.7% |
| 3-bed apartments | $1,765 | +1.6% |
| 4+ bed apartments | $2,100 | +12.3% |
Over the Nov 2022, the average rent for an apartment in/near Elgin, TX decreased by 21.4% to $1,369.
Breaking it down in details, we now see that the average price for 1-bed apartment stands at $733 with no changes this month. Pricing for 2-bed apartment also decreased by 29.7% and a place of this size will now cost you $1,149. 3-bed apartment rent pricing starts at $1,765, it increased by 1.6% lately. We tend to note the rise of 4- and more bed apartment pricing. It increased by 12.3% and made it up to $2,100.
| Rent Type Price | Nov | vs Last Month |
|---|---|---|
| Houses for rent | $1,525 | -12.5% |
| Duplexes for rent | $1,149 | N/A |
| Apartments for rent | $1,165 | N/A |
Looking at the median rent price for an apartment in Elgin, TX, you can note that it remains flat with a price tag of $1,165. Statistics show that house rent price decreased by 12.5% this month making it up to $1,525. An average duplex is now available for $1,149, cause median rent for a duplex remains the same this month.