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Crestwood, IL Homes for Rent

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  • 13913 Laramie Ave Unit 112, Crestwood, IL 60418
    13913 Laramie Ave Unit 112, Crestwood, IL 60418
    13913 Laramie Ave Unit 112, Crestwood, IL 60418
    /16

    $1,850 Per Month

    • 2 Beds
    • 2 Baths
    • 1,000 Sq Ft
    • Condo for Rent

    13913 Laramie Ave Unit 112, Crestwood, IL 60418

    Move-in ready and recently updated, this first-floor 2-bedroom, 2-bath condo in Crestwood's Applegate community puts single-level living, real storage, and in-unit laundry within reach for $1,850/month. Newer luxury vinyl plank flooring runs through the entire unit, tying together an open living and dining layout with a separate eating area off the kitchen. The primary bedroom includes a walk-in

    Alex Fenske Keller Williams Preferred Rlty

    13913 Laramie Ave Unit 112, Crestwood, IL 60418
  • 13616 Lamon Ave Unit 411, Crestwood, IL 60445
    13616 Lamon Ave Unit 411, Crestwood, IL 60445
    13616 Lamon Ave Unit 411, Crestwood, IL 60445
    /23

    $1,900 Per Month

    • 2 Beds
    • 2 Baths
    • 1,000 Sq Ft
    • Apartment for Rent

    13616 Lamon Ave Unit 411, Crestwood, IL 60445

    Spacious and freshly painted 2-bedroom, 2-bathroom condo featuring beautiful laminate flooring and a bright, open layout. The large kitchen offers plenty of cabinet and counter space-perfect for cooking and entertaining. Enjoy a comfortable living room with a cozy fireplace and access to a private balcony. The master suite includes its own full bathroom and generous waking closet space.

    Beata Krasowski eXp Realty

    13616 Lamon Ave Unit 411, Crestwood, IL 60445
  • 5535 131st St, Crestwood, IL 60445
    5535 131st St, Crestwood, IL 60445
    5535 131st St, Crestwood, IL 60445
    /12

    $3,000 Per Month

    • 5 Beds
    • 1.5 Baths
    • 2,248 Sq Ft
    • House for Rent

    5535 131st St, Crestwood, IL 60445

    Badia Zahdan Infiniti Properties, Inc.

    5535 131st St, Crestwood, IL 60445
Illinois Cook County

Homes for Rent in Crestwood, IL

Why Live in Crestwood

Crestwood, IL, is a well-balanced community offering a mix of amenities and housing options. Located about 25 miles southwest of Chicago, residents benefit from convenient access to the city via nearby expressways and public transportation, including the Pace Bus and CTA train. Crestwood's shopping and dining scene is concentrated at the Rivercrest Shopping Center, featuring restaurants like Mariscos La Sirena and Portillo's, and retailers such as Target and Kohl's. For outdoor activities, locals frequent Walker Park and Playfield Park, while the Cook County Forest Preserve offers extensive hiking, biking, and boating opportunities. The Crestwood Recreation & Wellness Center provides fitness classes and sports leagues, and the Southwest Ice Arena offers ice skating and hockey lessons. Housing in Crestwood includes low-rise condos and single-family homes, with architectural styles ranging from traditional bungalows to contemporary designs. The community is known for its lower real estate taxes compared to surrounding areas. Shepard High School is highly rated, contributing to the appeal for families. Entertainment options include minor league baseball games at Ozinga Field and various activities at In The Game Hollywood Park. Crestwood is safer than the national average, making it a practical choice for potential home buyers.

Learn more about living in Crestwood

Frequently Asked Questions

How much does it cost to rent a home in Crestwood, IL?
The median rent for a home in Crestwood, IL is $1,900 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Crestwood, IL?
To comfortably afford the median rent in Crestwood, IL, a household needs to earn roughly $76,000 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 $1,900 per month in Crestwood, IL, renters typically need to show $5,700 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 Crestwood, IL?
In Crestwood, IL, the price-to-rent ratio is 8.3, 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 Crestwood, IL are best for renting a home?
The best neighborhood for renting in Crestwood, IL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Silver Lake South, Morgan Park, Centennial Park, Beverly and West Pullman, each with its own character and price range.

Rental Trends in Crestwood, IL

There are currently 3 homes available for rent in Crestwood, IL. The median rent is $1,900 per month, with single-family homes renting at $2,200 and condos at $1,825.

Rental Home Trends

Number of Homes for Rent
3
Median Rent
$1,900
Median Single Family Home Rent
$2,200
Median Condo Rent
$1,825
How to Rent a Home

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