How much do homeowners pay a month in South Elgin, IL?

Name: Homeowner costs in South Elgin, IL, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

Homeowners with a mortgage in South Elgin, IL pay a median of $2,291 (±$108) a month in selected owner costs (2020–2024 American Community Survey).

Owners without a mortgage pay $911 (±$85).

73.8% of owned homes carry a mortgage.

In South Elgin, the median monthly cost with a mortgage went from $1,871 in 2015–2019 to $2,291 in 2020–2024 (+22.4%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on November 12, 2026.

With a mortgage: $2,291 (±$108)
Without a mortgage: $911 (±$85)
Owned with a mortgage: 73.8%

Monthly owner costs in South Elgin

Median selected monthly owner costs, estimate (90% margin of error)
	South Elgin	Kane County	Illinois	United States
With a mortgage	$2,291 (±$108)	$2,256 (±$24)	$1,987 (±$6)	$1,963
Without a mortgage	$911 (±$85)	$958 (±$21)	$792 (±$4)	$638
Owned homes with a mortgage	73.8% (±4.5 points)	67.3% (±1.0 points)	60.8% (±0.2 points)	60.6%
Median real estate taxes (a year)	$7,922 (±$398)	$7,382 (±$103)	$5,298 (±$22)	$3,119

Selected monthly owner costs are the mortgage payment, property taxes, insurance, utilities, fuels and any condominium or mobile-home fees.

In South Elgin, the median cost with a mortgage is not measurably different from Kane County ($2,256).

It is also higher than in Illinois ($1,987).

It is higher than the national figure ($1,963).

In Kane County, South Elgin ranks 28 of 42 places with a published estimate, from highest to lowest median monthly cost with a mortgage.

Statewide, it ranks 237 of 2,589.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How owner costs in South Elgin have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Median owner cost with a mortgage	$1,871 (±$83)	$2,291 (±$108)	+22.4%	No measurable change after inflation
Median real estate taxes	$6,263 (±$277)	$7,922 (±$398)	+26.5%	No measurable change after inflation
Median home value	$235,500 (±$7,512)	$339,100 (±$13,296)	+44.0%	Up after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median monthly cost with a mortgage in places near South Elgin

Nearest places with a published estimate, compared with South Elgin
Place	Distance	Median monthly cost with a mortgage	Compared with this place
South Elgin	—	$2,291 (±$108)	—
Elgin Township	2.5 mi	$2,075 (±$63)	Lower
St. Charles Township	3.4 mi	$2,608 (±$109)	Higher
Elgin	3.4 mi	$2,016 (±$61)	Lower
Wayne	4.3 mi	$3,612 (±$259)	Higher
St. Charles	4.9 mi	$2,381 (±$69)	Not measurably different
Campton Hills	6.0 mi	$3,070 (±$263)	Higher
Hanover Township (Cook County)	6.3 mi	$1,974 (±$46)	Lower
Wayne Township	6.5 mi	$2,382 (±$47)	Not measurably different

Nearby places with a measurably lower figure: Elgin Township, IL ($2,075), Elgin, IL ($2,016), Hanover Township (Cook County), IL ($1,974).

Nearby places with a measurably higher figure: St. Charles Township, IL ($2,608), Wayne, IL ($3,612), Campton Hills, IL ($3,070).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median monthly cost with a mortgage across Kane County, place by place

Rank	Place	Median monthly cost with a mortgage
22	Sleepy Hollow	$2,392 (±$133)
23	St. Charles	$2,381 (±$69)
24	Rutland Township (Kane County)	$2,376 (±$116)
25	Burlington Township	$2,370 (±$159)
26	Elburn	$2,344 (±$176)
27	North Aurora	$2,302 (±$98)
28	South Elgin	$2,291 (±$108)
29	Pingree Grove	$2,274 (±$125)
30	Montgomery	$2,176 (±$97)
31	Virgil Township	$2,107 (±$374)
32	East Dundee	$2,090 (±$220)
33	Elgin Township	$2,075 (±$63)
34	Dundee Township	$2,067 (±$70)

Showing 13 of 42 places in Kane County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in South Elgin

One account for renting, owning, managing and fixing homes, with these figures beside you.

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for South Elgin beside you.

Create a landlord account · See what landlords get

Looking for a place to rent?

Browse homes for rent near South Elgin, save the ones you like and apply online.

Browse rentals · Create a renter account

Do repairs, renovations or maintenance?

Get found by owners and renters near South Elgin, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about South Elgin

What is the average mortgage payment in South Elgin?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in South Elgin, IL is $2,291 (±$108) a month, including taxes, insurance and utilities.

How much does it cost to own a paid-off home in South Elgin?

Owners without a mortgage in South Elgin pay a median of $911 (±$85) a month in taxes, insurance, utilities and fees.

Has the cost of owning a home in South Elgin gone up?

In South Elgin, the median monthly cost with a mortgage went from $1,871 in 2015–2019 to $2,291 in 2020–2024 (+22.4%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for South Elgin village, Illinois (place:70720, in state:17).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25088_002E, B25088_002M, B25103_001E, B25103_001M, B25077_001E, B25077_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0101E, DP04_0101M, DP04_0109E, DP04_0109M, DP04_0091PE, DP04_0091PM, B25103_001E, B25103_001M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.