$2,550 Per Month
- 3 Beds
- 2.5 Baths
- 998 Sq Ft
- Townhouse for Rent
863 Harbor Woods Dr, Fairview Heights, IL 62208
863 Harbor Woods Dr, Fairview Heights, IL 62208
Frequently Asked Questions
How much does it cost to rent a home in Fairview Heights, IL?
The median rent for a home in Fairview Heights, IL is $1,550 per month, though prices vary by neighborhood, size, and property type. As of June 2026, single-family homes tend to be the most affordable option while townhouses and condos are currently more expensive.
How much do you need to make to afford rent in Fairview Heights, IL?
To comfortably afford the median rent in Fairview Heights, IL, a household needs to earn roughly $62,000 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 $1,550 per month in Fairview Heights, IL, renters typically need to show $4,650 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 Fairview Heights, IL?
In Fairview Heights, IL, the price-to-rent ratio is 12.4, 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 Fairview Heights, IL are best for renting a home?
The best neighborhood for renting in Fairview Heights, IL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Downtown Saint Louis, Downtown West, Soulard and Bevo Mill, each with its own character and price range.
