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Beecher, IL Condo for Rent

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    $1,550

    Total Monthly Price

    • 3 Beds
    • 2 Baths
    • 1,550 Sq Ft
    • Condo for Rent

    642 Melrose Ln Unit 1, Beecher, IL 60401

    Come see this newly updated Three Bedroom - two bath unit in the heart of Beecher. Be the first to use this new kitchen and bathrooms. The unit features an oversized living room, three good sized bedrooms- the master bedroom with attached bathroom. Carport space and lot space for each unit. Each bathroom has tile, not plastic surround, showers and glass back splash in the kitchen. Stainless Steel

    642 Melrose Ln Unit 1, Beecher, IL 60401

Frequently Asked Questions

How much does it cost to rent a condo in Beecher, IL?
The median rent for a condo in Beecher, IL is $1,350 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option.
How much do you need to make to afford rent in Beecher, IL?
To comfortably afford the median rent in Beecher, IL, a household needs to earn roughly $62,000 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 $1,550 per month in Beecher, IL, renters typically need to show $4,650 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 Beecher, IL?
In Beecher, IL, the price-to-rent ratio is 17.7, 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.

Condo Rental Trends in Beecher, IL

Rental Home Trends

Number of Condos for Rent
1
Median Condo Rent
$1,350
Median 2 Bedroom Condo Rent
$1,325
Median 3 Bedroom Condo Rent
$1,550
How to Rent a Home