$2,500 Per Month
- 2 Beds
- 1 Bath
- 1,003 Sq Ft
- House for Rent
891 E Grant Dr, Des Plaines, IL 60016
891 E Grant Dr, Des Plaines, IL 60016
Frequently Asked Questions
How much does it cost to rent a home in Des Plaines, IL?
The median rent for a home in Des Plaines, IL is $2,500 per month, though prices vary by neighborhood, size, and property type. As of July 2026, condos tend to be the most affordable option while single-family homes and townhouses are currently more expensive.
How much do you need to make to afford rent in Des Plaines, IL?
To comfortably afford the median rent in Des Plaines, IL, a household needs to earn roughly $100,000 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 $2,500 per month in Des Plaines, IL, renters typically need to show $7,500 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 Des Plaines, IL?
In Des Plaines, IL, the price-to-rent ratio is 11.8, 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 Des Plaines, IL are best for renting a home?
The best neighborhood for renting in Des Plaines, IL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Downtown Mount Prospect, North Mount Prospect, Mount Shire, O'Hare and Forest River, each with its own character and price range.
