Loves Park, IL Houses for Rent

/25
$1,400

Total Monthly Price
- 2 Beds
- 1 Bath
- 728 Sq Ft
- House for Rent
304 Merrill Ave, Loves Park, IL 61111

LOCATION LOCATION LOCATION! 304 Merrill is walking distance from Loves Park elementary school, less than 2 miles from Harlem middle school, and 5 minutes from Harlem High School! Interior highlights: Brand new vinyl plank flooring in main areas, new carpet in bedroom's and new linoleum in kitchen. Completely refreshed throughout entire home. Extremely spacious ranch home with 2 generously

304 Merrill Ave, Loves Park, IL 61111
Explore Loves Park
/49
$1,800

Total Monthly Price
- 3 Beds
- 1.5 Baths
- 1,350 Sq Ft
- House for Rent
302 Merrill Ave, Loves Park, IL 61111

HUGE Home, EXCELLENT Location!!! 2 Baths!(1 full, 1 powder rm)Partially finished lower level! 302 Merrill is walking distance from Loves Park elementary school, less than 2 miles from Harlem middle school, and 5 minutes from Harlem High School! Interior

302 Merrill Ave, Loves Park, IL 61111

Illinois Winnebago County

Frequently Asked Questions

How much does it cost to rent a single-family home in Loves Park, IL?

The median rent for a single-family home in Loves Park, IL is $1,500 per month, though prices vary by neighborhood, size, and property type. As of July 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 Loves Park, IL?

To comfortably afford the median rent in Loves Park, IL, a household needs to earn roughly $70,000 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 $1,750 per month in Loves Park, IL, renters typically need to show $5,250 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 Loves Park, IL?

In Loves Park, IL, the price-to-rent ratio is 9.6, 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 Loves Park, IL are best for renting a single-family home?

The best neighborhood for renting in Loves Park, IL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a single-family home include Northwest United and West Gateway Coalition, each with its own character and price range.

Rental Home Trends in Loves Park, IL

There are currently 2 single-family homes available for rent in Loves Park, IL. The median rent is $1,500 per month, with 3-bedroom houses renting at $1,775.

Rental Home Trends

Number of Houses for Rent 2	Median Single Family Home Rent $1,500
Median 3 Bedroom Single Family Home Rent $1,775

How to Rent a Home

Rentals in Loves Park

Houses for Rent by Bedrooms in Loves Park

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