3

Crestwood, IL Homes for Rent

Section Image
  • /19

    $14,265

    Total Monthly Price

    • 3 Beds
    • 2 Baths
    • Condo for Rent

    12800 Terrace Ln Unit SI ID1330089P, Crestwood, IL 60445

    The advertised rate of $14,266/month is the lowest available price, based on a 30 day(s) stay with a move-in date of August 1, 2026.Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be

    12800 Terrace Ln Unit SI ID1330089P, Crestwood, IL 60445
  • /19

    $14,265

    Total Monthly Price

    • 3 Beds
    • 2 Baths
    • Condo for Rent

    12804 W Playfield Dr Unit SI ID1330088P, Midlothian, IL 60445

    The advertised rate of $14,266/month is the lowest available price, based on a 30 day(s) stay with a move-in date of July 16, 2026.Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be

    12804 W Playfield Dr Unit SI ID1330088P, Midlothian, IL 60445
  • /14

    $2,100 Per Month

    • 2 Beds
    • 2 Baths
    • 1,100 Sq Ft
    • Condo for Rent

    14033 Laramie Ave Unit 408, Crestwood, IL 60445

    GORGEOUS 2 BEDROOM FIRST FLOOR CRESTWOOD CONDO IS READY BY JUNE 15, 2026.FRESHLY UPDATED ONE YEAR AGO. COMPLETE NEW CUSTOM KITCHEN W/ STAINLESS APPLIANCES SOFT CLOSE CABINETS AND BUTCHER COUNTERTOPS.TWO UPDATED BATHS, FRESHLY PAINTED AND NEWER FLOORINGS. IN UNIT LAUNDRY WITH FULL SIZE WASHER AND DRYER. ALL APPLICANTS OVER 18 YEARS AND OLDER MUST FILL OUT APPLICATION. 680 + CREDIT SCORES, 2+ YEARS

    John Schober RE/MAX 1st Service

    14033 Laramie Ave Unit 408, Crestwood, IL 60445

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.

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 $7,952 per month, though prices vary by neighborhood, size, and property type. As of June 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 $318,080 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 $7,952 per month in Crestwood, IL, renters typically need to show $23,856 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 2.0, 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 Mount Greenwood, Morgan Park, Silver Lake South, West Pullman and Beverly, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
3
Median Rent
$7,952
Median Single Family Home Rent
$1,900
Median Condo Rent
$1,775
How to Rent a Home