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Studio Apartment for Rent in Blue Island, IL

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    Starting at $800 Per Month

    • Studio - 3 Beds

    2130 122nd St, Blue Island, IL 60406

    Blue Station Apartments offers Convenient living! While residing in our beautiful community you can enjoy

    Blue Station

    2130 122nd St, Blue Island, IL 60406

Why Live in Blue Island

Blue Island, IL, is a historic community with roots dating back to the 1830s, located just outside Chicago. Known for its affordable housing and convenient transportation options, residents can easily commute to downtown Chicago via six Metra stations, PACE and CTA buses, or by driving on Interstate 57. The city boasts over 100 acres of green space managed by the Blue Island Park District, including Memorial Park with its public pool and sledding hill, and Blue Island Bark Park for dog owners. Western Avenue is a hub for antique shopping at Three Sisters Antique Mall and diverse dining options like T&G Gyros and Blue Island Beer Company. The Blue Island Public Library and active Historical Society offer educational events year-round. Despite occasional train delays and ongoing infrastructure improvements, Blue Island remains a vibrant community with a rich history and numerous things to do. Homes range from historic properties to brick ranch-style houses and Chicago bungalows, with many featuring detached garages accessible via hidden alleyways.

Frequently Asked Questions

How much does it cost to rent a home in Blue Island, IL?
The median rent for a home in Blue Island, IL is $1,450 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 Blue Island, IL?
To comfortably afford the median rent in Blue Island, IL, a household needs to earn roughly $58,000 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 $1,450 per month in Blue Island, IL, renters typically need to show $4,350 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 Blue Island, IL?
In Blue Island, IL, the price-to-rent ratio is 13.5, 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 Blue Island, IL are best for renting a home?
The best neighborhood for renting in Blue Island, IL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include South Shore, River North, Auburn Gresham, Hyde Park and Kenwood, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$1,450
Median Single Family Home Rent
$1,650
Median Townhouse Rent
$1,550
Median Condo Rent
$1,300
How to Rent a Home