7

Addison, IL Homes for Rent

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  • /14

    $1,450 Per Month

    • 1 Bed
    • 1 Bath
    • 750 Sq Ft
    • Condo for Rent

    191 S Villa Ave, Addison, IL 60101

    Property Id: 1014728Newly remodeled Building , floor New kitchen cabinets and upgraded stainless appliances , fans in living and bedrooms, new bathroom with luxurious tiles , Hardwood floors in living and bedroom , Eat in kitchen area . comes with one assigned parking spot , 1 storage unit , laundry cabinet .New Laundry room in the building . Near Public Parks and golf courses

    (224) 479-1389

    191 S Villa Ave, Addison, IL 60101
  • /20

    $2,655 Per Month

    • 3 Beds
    • 2 Baths
    • 1,350 Sq Ft
    • House for Rent

    410 S Villa Ave, Addison, IL 60101

    EXCITING NEWS: WE ARE CURRENTLY RENOVATING THIS HOME! NOTE THAT THE PHOTOS SHOWN REPRESENT THE HOME BEFORE RENOVATION AND DO NOT REFLECT ANY UPDATES. PLANNED IMPROVEMENTS INCLUDE: NEW STAINLESS-STEEL APPLIANCES AND HARD SURFACE COUNTERTOPS. APPLY TODAY OR ASK YOUR LEASING SPECIALIST FOR MORE DETAILS! Apply now or schedule your self-tour today and take the first step toward getting more

    (331) 295-2712

    410 S Villa Ave, Addison, IL 60101
  • /20

    $2,995 Per Month

    • 3 Beds
    • 2 Baths
    • 1,599 Sq Ft
    • House for Rent

    321 S Yale Ave, Addison, IL 60101

    Lease this home and get more from Invitation Homes professional property management. This home comes fully loaded with quality amenities, must-have services, high-end tech and ProCare® professional maintenance. Your estimated total monthly payment is $3139.90. That covers your base rent, $2995.00 + our required services designed to make your life easier: Air Filter Delivery Fee ($9.95), Internet

    (331) 291-7605

    321 S Yale Ave, Addison, IL 60101
  • /13

    $1,375

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 650 Sq Ft
    • Condo for Rent

    300 W Fullerton Ave Unit 322, Addison, IL 60101

    Thirc floor luxury apartment awaits you. Spacious, Clean, & Adorable. This 1 bedroom 1 bathroom first floor unit has a great deal to offer. The kitchen was remodeled in 2019 with new granite countertops, microwave, refrigerator, oven and dishwasher… all stainless-steel appliances. A brand new laminate floor was just installed throughout the entire unit. Also, the bathtub was recently resurfaced.

    300 W Fullerton Ave Unit 322, Addison, IL 60101
  • /25

    $4,500 Per Month

    • 4 Beds
    • 3 Baths
    • 3,100 Sq Ft
    • House for Rent

    520 N Veterans Pkwy, Addison, IL 60101

    Luxury Living in Addison - Available June 1, 2026 Welcome home to this stunning 4-bedroom, 3 full bathroom single-family residence offering approximately 3,000 square feet of beautifully designed living space in the heart of Addison. This spacious home features modern LED lighting throughout, a cozy fireplace in the living room, and an ideal layout for both everyday living and entertaining. Enjoy

    Lisa Vlk Realty of America, LLC

    520 N Veterans Pkwy, Addison, IL 60101
  • /15

    $1,495 Per Month

    • 2 Beds
    • 1 Bath
    • 850 Sq Ft
    • 515-525 North Highview Avenue

    515-525 N Highview Ave Unit 525-207, Addison, IL 60101

    2-bedroom, 1-bath unit with two assigned parking spaces per unit and storage included. Any unit with 3 or more vehicles is an additional $60/month. Kitchen appliances provided, common area laundry on site. Tenant responsible for electric only; no pets. Convenient access to Jewel-Osco, Caputo’s, and Walmart. Additional pictures coming soon!The non-refundable application fee is $65/adult

    515-525 N Highview Ave Unit 525-207, Addison, IL 60101
  • /2

    $1,950 Per Month

    • 2 Beds
    • 1 Bath
    • 800 Sq Ft
    • Condo for Rent

    Unlisted Address

    Beautifully renovated 1st floor condo shows like brand new! Very convenient location near I-290 interchange. Glenbard High School District 87 Very small pets may be considered with additional deposit and pet fees 3 month of Bank Statement and 3 months Proof of Income. No evictions, foreclosure or bankruptcy recorded. Credit score 650 and above. This unit is a pleasure to show.

    John Greco G Real Estate Co.

    Unlisted Address

Why Live in Addison

Addison, Illinois, is a suburban village with a population of approximately 35,000, offering a quieter lifestyle compared to nearby Chicago. The village features a variety of community amenities, including shopping centers, parks, dining options, and a library system that hosts computer and yoga classes. Addison Park District Club Fitness boasts a state-of-the-art gym, while trails, playgrounds, and waterfowl habitats enhance the local parks. Residents can enjoy ice skating at Addison Ice Arena or catch a movie at Marcus Addison Cinema. West Lake Street is the main thoroughfare for errands, featuring small shopping centers, big-box retailers, and a diverse range of eateries, including Millie’s Pancake Shoppe. Community events like the Rock ‘N Wheels summer concert series and the Knights of Columbus’ annual pumpkin sale are local highlights. Addison's housing market includes mid-century ranch and split-level homes, newer subdivisions like Mill Creek and Armani Circle with New Traditional styles, and condos and townhomes. DuPage High School District serves the village and is rated highly, offering dual-credit college programs. Addison is safer than the national average, with significant reductions in both personal and property crimes. The village is conveniently located near Interstate 290, Villa Park Metra station, and Chicago O’Hare International Airport, facilitating easy travel. However, residents may experience noise from overhead planes and occasional flooding on the east side near Salt Creek.

Frequently Asked Questions

How much does it cost to rent a home in Addison, IL?
The median rent for a home in Addison, IL is $1,950 per month, though prices vary by neighborhood, size, and property type. As of May 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 Addison, IL?
To comfortably afford the median rent in Addison, IL, a household needs to earn roughly $78,000 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 $1,950 per month in Addison, IL, renters typically need to show $5,850 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 Addison, IL?
In Addison, IL, the price-to-rent ratio is 16.9, 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 Addison, IL are best for renting a home?
The best neighborhood for renting in Addison, IL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include North Lombard, North Itasca, Elk Grove Village East, South Schaumburg and Elk Grove Village West, each with its own character and price range.

Rental Home Trends in Addison, IL

Rental Home Trends

Number of Homes for Rent
7
Median Rent
$1,950
Median Single Family Home Rent
$2,703
Median Condo Rent
$1,750
How to Rent a Home