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Newest Home for Rent in Phoenix, IL

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  • 15237 4th Ave, Phoenix, IL 60426
    15237 4th Ave, Phoenix, IL 60426
    15237 4th Ave, Phoenix, IL 60426
    /12

    $1,300 Per Month

    • 2 Beds
    • 1 Bath
    • House for Rent

    15237 4th Ave, Phoenix, IL 60426

    Property Id: 2563597Come see this newly renovated 2nd floor duplex apartment. Includes 2 1/2 bedrooms,1 bathroom, 1 front porch. This cozy apartment was just renovated, new kitchen cabinets (refrigerator/stove included). New doors, closets with plenty of space for storage. New laminate flooring installed. Freshly painted. No garage available, but includes 2-cars driveway. Near bus

    (708) 589-4331

    15237 4th Ave, Phoenix, IL 60426
Illinois Cook County Phoenix

Newest Homes for Rent in Phoenix, IL

Frequently Asked Questions

How much does it cost to rent a home in Phoenix, IL?
The median rent for a home in Phoenix, IL is $1,300 per month, though prices vary by neighborhood, size, and property type. As of June 2026, single-family homes tend to be the most affordable option.
How much do you need to make to afford rent in Phoenix, IL?
To comfortably afford the median rent in Phoenix, IL, a household needs to earn roughly $52,000 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 $1,300 per month in Phoenix, IL, renters typically need to show $3,900 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 Phoenix, IL?
In Phoenix, IL, the price-to-rent ratio is 7.9, 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 Phoenix, IL are best for renting a home?
The best neighborhood for renting in Phoenix, IL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Hazel Crest Proper, West Pullman, Morgan Park and Roseland, each with its own character and price range.

Rental Trends in Phoenix, IL

There are currently 1 homes available for rent in Phoenix, IL. The median rent is $1,300 per month, with single-family homes renting at $1,650.

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$1,300
Median Single Family Home Rent
$1,650
How to Rent a Home

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