$825 Per Month
- 2 Beds
- 1 Bath
- 846 Sq Ft
- Condo for Rent
2450 Cleveland Blvd Unit 2450 Cleveland Blvd Apt A, Granite City, IL 62040
Frequently Asked Questions
How much does it cost to rent a condo in Granite City, IL?
The median rent for a condo in Granite City, IL is $800 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Granite City, IL?
To comfortably afford the median rent in Granite City, IL, a household needs to earn roughly $43,800 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 $1,095 per month in Granite City, IL, renters typically need to show $3,285 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 Granite City, IL?
In Granite City, IL, the price-to-rent ratio is 10.5, 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 Granite City, IL are best for renting a condo?
The best neighborhood for renting in Granite City, IL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Downtown Saint Louis, Downtown West, Central West End and Lewis Place, each with its own character and price range.
