Elgin is a residential neighbourhood located in Ontario, Canada and offers excellent amenities for residents and visitors alike. Those who wish to reside in this picturesque location can choose from various Elgin real estate for rent options available. Tenants can easily find residential property for rent in Elgin in varied styles ranging from modern houses to well-maintained historic homes. Elgin has a history and obtained its name from Lord Elgin, the then Governor General of Canada. The Elgin housing market includes townhouses, Condos and detached house for rent in Elgin, and one can choose houses for rent in Elgin as per the budget planned.
Elgin’s Average Rental by Property Size
The Elgin rent prices are pretty much affordable, and most of the houses are a part of well-planned residential communities. The average rental price of houses as per the Elgin rental price trends is $1500, and one can rent a furnished and well-maintained 4-bed home for $3000. As per the annual price trend for rent, the average pricing of a 2-bed unit is $1500, a 3-bed unit is $2200 and a 4-bed unit is $3000 approximately. These rental prices can vary based on the community and the amenities provided. These prices help residents to evaluate the existing price trends in Elgin and plan to rent property based on their requirements and budget.
Top Rental Neighbourhoods with Best Rentals in Elgin
As per Elgin’s neighbourhood’s rental market trend, the top rental neighbourhoods with the best rentals in Elgin are: Horton St, Royal Cres, Wayside Lane, Princess Avenue, Dennis Road and Stokes Road.
Average Lease Price For Property Type in Elgin
Search the listings for Elgin furnished rentals and Elgin unfurnished rentals, and you are sure to find good options to choose from. The Elgin real estate rental rates can vary based on the community. However, the rental rates can vary between $1000 - $3000 based on the area, the number of bedrooms and of course the amenities. The average furnished and unfurnished rental cost for a 2-bed unit is $2200 approximately. As per the rental housing market, 2, 3 and 4-bedroom house for rent in Elgin are the most popular and the average rent of such units can hover between $2200 to $3000.
Best Areas/Communities For Rental Properties in Elgin
Some of the best areas to rent a property in Elgin are Ross Street, Edward Street, Dennis Road, Princess Avenue and Stokes Road to name a few.
Pet-Friendly Rental Home Options in Elgin
Families looking for Elgin pet-friendly rental homes can easily find multiple options to choose from. Most of the houses available are pet friendly, and one can always clarify the same with the owner or the agent before moving in. A home for rent with a pet in Elgin will cost the same as any regular home, and these can be found across popular communities here.
Elgin is a part of Ontario, Canada and has a population of 94,752, with a total number of 37, 280 private properties. The median total income as per 2020 stats stands at $76,410.