Housing in Elgin, IA

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Zillow — January 2026

Zillow Home Value Index

$262,287

Elgin vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Elgin is highlighted.

Median Home Value

15th%ilemost expensive$87,300show rank

Median Rent

10th%ilemost expensive rent$634show rank

Rent Burden

11th%ilehighest rent burden12.7%show rank

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$87,300

Median Rent

$634

Total Housing Units

395

Vacancy Rate

11.1%

Owner Occupied

82.9%

Renter Occupied

17.1%

Median Property Tax

$1,595

per year

Monthly Cost (w/ Mortgage)

$680

Housing Types

Single Family

82.8%

Multi-Family

5.8%

Mobile Home

11.4%

The median home value in Elgin, IA is $87,300. According to Zillow, the home value index for Elgin is $262,287. The median rent is $634 per month (Census ACS). About 82.9% of housing units are owner-occupied. The median year homes were built is 1971. There are 395 total housing units.