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Lynwood, IL Condos for Rent

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  • 2511 Terrace Ave Unit 1E, Lynwood, IL 60411
    2511 Terrace Ave Unit 1E, Lynwood, IL 60411
    2511 Terrace Ave Unit 1E, Lynwood, IL 60411
    /8

    $1,575 Per Month

    • 2 Beds
    • 1 Bath
    • Condo for Rent

    2511 Terrace Ave Unit 1E, Lynwood, IL 60411

    Property Id: 2301435FIRST Floor Apartment. TWO bedroom with ONE Bath. UPDATED and Extremely Clean.Coin Laundry Unit Storage Move In Condition. (REQUIREMENTS) • $1,575 PER MONTH RENT• MINIMUM MONTHLY GROSS INCOME $4,800 (COMBINED).• TWO YEARS AT CURRENT EMPLOYMENT• TWO YEARS AT CURRENT RESIDENCE• MINIMUM 600 CREDIT SCORE. • NO EVICTIONS.

    (708) 438-5495

    2511 Terrace Ave Unit 1E, Lynwood, IL 60411
  • 19719 Terrace Ave Unit 3, Lynwood, IL 60411
    19719 Terrace Ave Unit 3, Lynwood, IL 60411
    19719 Terrace Ave Unit 3, Lynwood, IL 60411
    /8

    $1,575 Per Month

    • 2 Beds
    • 1 Bath
    • Condo for Rent

    19719 Terrace Ave Unit 3, Lynwood, IL 60411

    Property Id: 2301468SECOND Floor Apartment. TWO bedroom with ONE Bath. UPDATED and Extremely Clean.Coin Laundry Unit Storage Move In Condition. (REQUIREMENTS) • $1,575 PER MONTH RENT• MINIMUM MONTHLY GROSS INCOME $4,800 (COMBINED).• TWO YEARS AT CURRENT EMPLOYMENT• TWO YEARS AT CURRENT RESIDENCE• MINIMUM 600 CREDIT SCORE. • NO EVICTIONS.

    (708) 577-5371

    19719 Terrace Ave Unit 3, Lynwood, IL 60411
  • 19533 Lake Shore Dr Unit Lakeview Beauty, Lynwood, IL 60411
    19533 Lake Shore Dr Unit Lakeview Beauty, Lynwood, IL 60411
    19533 Lake Shore Dr Unit Lakeview Beauty, Lynwood, IL 60411
    /11

    $1,995

    Total Monthly Price

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

    19533 Lake Shore Dr Unit Lakeview Beauty, Lynwood, IL 60411

    Spacious 2 Bed / 2 Bath Condo with Beautiful Lake View!Enjoy comfortable living in this beautifully maintained and spacious 2-bedroom, 2-bath condo featuring a stunning lake view and a functional open layout. This home offers plenty of natural light, a private laundry room, and 1 assigned parking space for added convenience. Features:* 2 spacious bedrooms* 2 full

    19533 Lake Shore Dr Unit Lakeview Beauty, Lynwood, IL 60411
  • 20124 Oak Ln, Lynwood, IL 60411
    20124 Oak Ln, Lynwood, IL 60411
    20124 Oak Ln, Lynwood, IL 60411
    /19

    $1,750 Per Month

    • 2 Beds
    • 1 Bath
    • Condo for Rent

    20124 Oak Ln, Lynwood, IL 60411

    RENTAL: Don't miss this spacious, updated end unit perfect as a started home! It features two bedrooms, one full bath, a galley kitchen with newer appliances, a newer washer/dryer, luxury vinyl plank flooring throughout, and an attached one car garage. Available to rent with option to purchase. Property is also listed for sale.

    Alvaro Oliveros Oliveros Realty Company

    20124 Oak Ln, Lynwood, IL 60411
Illinois Cook County Lynwood

Condos for Rent in Lynwood, IL

Frequently Asked Questions

How much does it cost to rent a condo in Lynwood, IL?
The median rent for a condo in Lynwood, IL is $1,650 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 Lynwood, IL?
To comfortably afford the median rent in Lynwood, IL, a household needs to earn roughly $72,480 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 $1,812 per month in Lynwood, IL, renters typically need to show $5,436 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 Lynwood, IL?
In Lynwood, IL, the price-to-rent ratio is 10.7, 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 Lynwood, IL are best for renting a condo?
The best neighborhood for renting in Lynwood, IL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include South Shore, Woodlawn, Hungry Hill and Roosevelt-Cook County, each with its own character and price range.

Condo Rental Trends in Lynwood, IL

There are currently 4 condos available for rent in Lynwood, IL. The median rent is $1,650 per month, with 2-bedroom condos at $1,600 and 3-bedroom condos at $2,125.

Rental Home Trends

Number of Condos for Rent
4
Median Condo Rent
$1,650
Median 2 Bedroom Condo Rent
$1,600
Median 3 Bedroom Condo Rent
$2,125
How to Rent a Home

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