RentYield Atlas

ZIP 60123 — Elgin, IL: rental yield & market data

Gross rental yield of 6.47% — ranked #169 of 279 Illinois ZIP codes. June 2026 data.

Gross rental yield
6.47%
Home value
$318,213
Market rent / mo
$1,715
Price-to-rent
15.5

Trend

Metric1-year change5-year change
Home value+3.9% +38.3%
Market rent+2.9%

Metro: Chicago-Naperville-Elgin, IL-IN-WI · County: Kane County · Annual rent: $20,580

Comparable ZIP codes in Illinois

Similar home values, sorted by yield — the cheapest way to see if 60123 is actually the better buy.

ZIPCitySTHome valueRent/moYieldP/RValue 1y
60506AuroraIL$320,000$2,2218.33%12.0+3.9%
60074PalatineIL$318,857$2,0497.71%13.0+3.4%
60050McHenryIL$318,627$1,8837.09%14.1+5.1%
60645ChicagoIL$316,602$1,8557.03%14.2+5.5%
62269O FallonIL$317,031$1,7046.45%15.5+2.4%
61073RoscoeIL$316,962$1,6536.26%16.0+8.5%
60459BurbankIL$318,595$1,6506.21%16.1+6.6%
60176Schiller ParkIL$319,212$1,5795.94%16.8+7.7%

Top rental yields in all of Illinois →

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