$1,100 Per Month
- 1 Bed
- 1 Bath
- Condo for Rent
1069 Burnham Ave, Calumet City, IL 60409
Property Id: 1507820 Very clean unit,second floor We don’t accept suction 8
Frequently Asked Questions
How much does it cost to rent a condo in Calumet City, IL?
The median rent for a condo in Calumet City, IL is $1,450 per month, though prices vary by neighborhood, size, and property type. As of July 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 Calumet City, IL?
To comfortably afford the median rent in Calumet City, IL, a household needs to earn roughly $60,000 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 $1,500 per month in Calumet City, IL, renters typically need to show $4,500 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 Calumet City, IL?
In Calumet City, IL, the price-to-rent ratio is 8.8, 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 Calumet City, IL are best for renting a condo?
The best neighborhood for renting in Calumet City, IL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include East Side, South Shore, Woodlawn, West Woodlawn and Englewood, each with its own character and price range.
