$2,500 Per Month
- 3 Beds
- 1 Bath
- 1,500 Sq Ft
- Condo for Rent
1337 S Austin Blvd Unit 2, Cicero, IL 60804
1337 S Austin Blvd Unit 2, Cicero, IL 60804
Frequently Asked Questions
How much does it cost to rent a home in Cicero, IL?
The median rent for a home in Cicero, IL is $1,187 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 and townhouses are currently more expensive.
How much do you need to make to afford rent in Cicero, IL?
To comfortably afford the median rent in Cicero, IL, a household needs to earn roughly $47,480 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 $1,187 per month in Cicero, IL, renters typically need to show $3,561 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 Cicero, IL?
In Cicero, IL, the price-to-rent ratio is 19.3, 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 Cicero, IL are best for renting a home?
The best neighborhood for renting in Cicero, IL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Little Village, North Lawndale, Austin, Garfield Park and Homan Square, each with its own character and price range.
