2

Lynwood, IL Houses for Rent

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  • /20

    $2,850 Per Month

    • 3 Beds
    • 2 Baths
    • 1,128 Sq Ft
    • House for Rent

    20078 Monterey Ave, Lynwood, IL 60411

    Come view this beautiful raised ranch in lovely Lynwood. Large living room with fireplace flows into dining room/kitchen area and right out the sliding glass door to the deck. Beautiful woodwork on the kitchen island. Stainless steel appliances and granite countertops.Two bathrooms and a full basement with a walk-in closet that has all the storage you need for shoes and more! Enjoy the large,

    Melissa Johnson Addison Clark Real Estate, LLC

    20078 Monterey Ave, Lynwood, IL 60411
  • /11

    $1,950 Per Month

    • 2 Beds
    • 1 Bath
    • House for Rent

    20126 Ash Ln, Lynwood, IL 60411

    Property Id: 1179725This Beautifully remolded and rarely available 2-bedroom, 1- bathroom townhouse in Lynnwood Terrace is located in Lynwood, IL. The townhouse has newly remodeled kitchen with new countertops. The kitchen comes with refrigerator, new stove, in unit washer and dryer. The bathroom has new tile around the tube area and newly installed sink. This townhouse has new luxury

    (630) 703-1405

    20126 Ash Ln, Lynwood, IL 60411

Frequently Asked Questions

How much does it cost to rent a single-family home in Lynwood, IL?
The median rent for a single-family home in Lynwood, IL is $2,100 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.

Rental Home Trends in Lynwood, IL

Rental Home Trends

Number of Houses for Rent
2
Median Single Family Home Rent
$2,100
Median 3 Bedroom Single Family Home Rent
$2,850
Median 4 Bedroom Single Family Home Rent
$2,300
How to Rent a Home