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Newest Homes for Rent in Crestwood, IL

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  • /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
  • /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

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 $2,425 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 $97,000 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 $2,425 per month in Crestwood, IL, renters typically need to show $7,275 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 6.5, 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.
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, Beverly, Silver Lake South and West Pullman, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
2
Median Rent
$2,425
Median Single Family Home Rent
$2,200
Median Condo Rent
$1,825
How to Rent a Home