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Bourbonnais, IL Homes for Rent

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    $1,850

    Total Monthly Price

    • 2 Beds
    • 1.5 Baths
    • 1,260 Sq Ft
    • Townhouse for Rent

    1319 Lemna Ave, Bourbonnais, IL 60914

    *Available September 1st * Fully remodeled townhouse unit. All new modern light fixtures and fans. Luxury vinyl plank flooring in living room, dining room and at top of stairs. New carpet in the two bedrooms. All new stainless appliances and modern white cabinets in kitchen. Upstairs bath has double sinks with large vanity and plenty of storage. Unit has a one car attached garage and plenty of

    1319 Lemna Ave, Bourbonnais, IL 60914
  • /2

    $1,450 Per Month

    • 2 Beds
    • 2 Baths
    • 1,157 Sq Ft
    • Condo for Rent

    1562 Lemna Ave, Bourbonnais, IL 60914

    1562 Lemna Ave, Bourbonnais, IL 60914

Why Live in Bourbonnais

Bourbonnais, Illinois, known as "The Village of Friendship," is located 55 miles south of Chicago and has a population of over 18,000. This area is celebrated for its outdoor recreation and family-friendly amenities, with over 100 acres of parkland spread across 22 public parks. Notable attractions include Perry Farm, with its walking trails and children's museum, and The Grove, a 12.5-acre venue hosting live performances and community events. The local housing market features diverse architectural styles, predominantly ranch-style homes built after 1970, with ongoing new developments. Bourbonnais School District 53 is highly rated, and there are private school options and Olivet Nazarene University for higher education. The community is anchored by Northfield Square Mall and hosts annual events like the Chocolate Tour and Friendship Festival. Major employers include Nucor Corporation and All Star Management. Transportation is facilitated by Interstate 57 and Highways 52 and 102, with bus services provided by River City Metro. The climate is characterized by cold winters and mild summers, and the area has lower crime rates compared to the national average.

Frequently Asked Questions

How much does it cost to rent a home in Bourbonnais, IL?
The median rent for a home in Bourbonnais, IL is $1,450 per month, though prices vary by neighborhood, size, and property type. As of August 2026, single-family homes tend to be the most affordable option while townhouses are currently more expensive.
How much do you need to make to afford rent in Bourbonnais, IL?
To comfortably afford the median rent in Bourbonnais, 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 Bourbonnais, 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 Bourbonnais, IL?
In Bourbonnais, IL, the price-to-rent ratio is 17.5, 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.

Rental Home Trends

Number of Homes for Rent
2
Median Rent
$1,450
Median Single Family Home Rent
$1,850
Median Townhouse Rent
$3,050
How to Rent a Home