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Chatham, IL Condos for Rent

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  • 56 Westminster Rd Unit 56, Chatham, IL 62629
    56 Westminster Rd Unit 56, Chatham, IL 62629
    56 Westminster Rd Unit 56, Chatham, IL 62629
    /26

    $1,100

    Total Monthly Price

    • 2 Beds
    • 1.5 Baths
    • 1,000 Sq Ft
    • Condo for Rent

    56 Westminster Rd Unit 56, Chatham, IL 62629

    Chatham School DistrictQuiet Neighborhood2 bedrooms1 1/2 bathFinished basement1 car garage*new paint/carpet in basement Jan 2026Appliances included:RefrigeratorStoveDishwasherWasherDryer**NO PETS ALLOWED****NO SMOKING**

    56 Westminster Rd Unit 56, Chatham, IL 62629
  • 100-102 Eagle Ridge Dr Unit 100, Chatham, IL 62629
    100-102 Eagle Ridge Dr Unit 100, Chatham, IL 62629
    100-102 Eagle Ridge Dr Unit 100, Chatham, IL 62629
    /12

    $1,995 Per Month

    • 3 Beds
    • 2.5 Baths
    • 100-102 Eagle Ridge

    100-102 Eagle Ridge Dr Unit 100, Chatham, IL 62629

    100-102 Eagle Ridge Dr Unit 100, Chatham, IL 62629
  • 100-114 Wintergreen Dr Unit 112, Chatham, IL 62629
    100-114 Wintergreen Dr Unit 112, Chatham, IL 62629
    100-114 Wintergreen Dr Unit 112, Chatham, IL 62629
    /15

    $1,995 Per Month

    • 3 Beds
    • 2.5 Baths
    • 102-114 Wintergreen

    100-114 Wintergreen Dr Unit 112, Chatham, IL 62629

    100-114 Wintergreen Dr Unit 112, Chatham, IL 62629
  • 500 W Chestnut St Unit C, Chatham, IL 62629
    500 W Chestnut St Unit C, Chatham, IL 62629
    /2

    $1,295 Per Month

    • 2 Beds
    • 1.5 Baths
    • 1,100 Sq Ft
    • Condo for Rent

    500 W Chestnut St Unit C, Chatham, IL 62629

    500 W Chestnut St Unit C, Chatham, IL 62629
Illinois Sangamon County Chatham

Condos for Rent in Chatham, IL

Frequently Asked Questions

How much does it cost to rent a condo in Chatham, IL?
The median rent for a condo in Chatham, IL is $1,295 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Chatham, IL?
To comfortably afford the median rent in Chatham, IL, a household needs to earn roughly $71,800 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,795 per month in Chatham, IL, renters typically need to show $5,385 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Chatham, IL?
In Chatham, IL, the price-to-rent ratio is 15.1, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Chatham, IL are best for renting a condo?
The best neighborhood for renting in Chatham, IL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Iles Park, Vinegar Hill, Old Aristocracy Hill and Oak Ridge, each with its own character and price range.

Condo Rental Trends in Chatham, IL

There are currently 4 condos available for rent in Chatham, IL. The median rent is $1,295 per month, with 1-bedroom condos renting at $895, 2-bedroom condos at $1,145 and 3-bedroom condos at $1,995.

Rental Home Trends

Number of Condos for Rent
4
Median Condo Rent
$1,295
Median 1 Bedroom Condo Rent
$895
Median 2 Bedroom Condo Rent
$1,145
Median 3 Bedroom Condo Rent
$1,995
How to Rent a Home

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