$2,195 Per Month
- 2 Beds
- 1 Bath
- 1,000 Sq Ft
- Apartment for Rent
3014 Harlem Ave Unit 1, Riverside, IL 60546
3014 Harlem Ave Unit 1, Riverside, IL 60546
Frequently Asked Questions
How much does it cost to rent a home in Berwyn, IL?
The median rent for a home in Berwyn, IL is $1,400 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Berwyn, IL?
To comfortably afford the median rent in Berwyn, IL, a household needs to earn roughly $56,000 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 $1,400 per month in Berwyn, IL, renters typically need to show $4,200 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 Berwyn, IL?
In Berwyn, IL, the price-to-rent ratio is 19.6, 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 Berwyn, IL are best for renting a home?
The best neighborhood for renting in Berwyn, IL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Austin, Little Village, North Lawndale, Garfield Ridge and Garfield Park, each with its own character and price range.
