Frequently Asked Questions
How much does it cost to rent a home in Cicero, IL?
The median rent for a home in Cicero, IL is $1,500 per month, though prices vary by neighborhood, size, and property type. As of May 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 Cicero, IL?
To comfortably afford the median rent in Cicero, 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 Cicero, 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 Cicero, IL?
In Cicero, IL, the price-to-rent ratio is 15.3, 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 Cicero, IL are best for renting a home?
The best neighborhood for renting in Cicero, IL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include
Humboldt Park,
Gold Coast,
Lakeview East,
Edgewater and
Little Italy, each with its own character and price range.
Rental Home Trends in Cicero, IL
There are currently 1 homes available for rent in Cicero, IL. The median rent is $1,500 per month, with single-family homes renting at $1,795, townhouses at $1,558 and condos at $1,150.
Number of Homes for Rent
1
Median Single Family Home Rent
$1,795
Median Townhouse Rent
$1,558