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Newest Homes for Rent in Lynwood, IL

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  • 20078 Monterey Ave, Lynwood, IL 60411
    20078 Monterey Ave, Lynwood, IL 60411
    20078 Monterey Ave, Lynwood, IL 60411
    /20

    $2,850 Per Month

    • 3 Beds
    • 2 Baths
    • 1,128 Sq Ft
    • House for Rent

    20078 Monterey Ave, Lynwood, IL 60411

    Come view this beautiful raised ranch in lovely Lynwood. Large living room with fireplace flows into dining room/kitchen area and right out the sliding glass door to the deck. Beautiful woodwork on the kitchen island. Stainless steel appliances and granite countertops.Two bathrooms and a full basement with a walk-in closet that has all the storage you need for shoes and more! Enjoy the large,

    Melissa Johnson Addison Clark Real Estate, LLC

    20078 Monterey Ave, Lynwood, IL 60411
  • 2520 Cedar Glen Dr N Unit 10, Lynwood, IL 60411
    2520 Cedar Glen Dr N Unit 10, Lynwood, IL 60411
    2520 Cedar Glen Dr N Unit 10, Lynwood, IL 60411
    /7

    $2,850 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,992 Sq Ft
    • Apartment for Rent

    2520 Cedar Glen Dr N Unit 10, Lynwood, IL 60411

    Well-maintained 3-bedroom, 2.5-bath townhome in Lynwood offering a spacious and functional layout. This home features a bright living area, a well-equipped kitchen with ample cabinet space, and generously sized bedrooms for comfortable living. A great rental opportunity-schedule your showing today!

    Michael Fisher M Property Group LLC

    2520 Cedar Glen Dr N Unit 10, Lynwood, IL 60411
  • 2511 Terrace Ave Unit 1E, Lynwood, IL 60411
    2511 Terrace Ave Unit 1E, Lynwood, IL 60411
    2511 Terrace Ave Unit 1E, Lynwood, IL 60411
    /8

    $1,575 Per Month

    • 2 Beds
    • 1 Bath
    • Condo for Rent

    2511 Terrace Ave Unit 1E, Lynwood, IL 60411

    Property Id: 2301435FIRST Floor Apartment. TWO bedroom with ONE Bath. UPDATED and Extremely Clean.Coin Laundry Unit Storage Move In Condition. (REQUIREMENTS) • $1,575 PER MONTH RENT• MINIMUM MONTHLY GROSS INCOME $4,800 (COMBINED).• TWO YEARS AT CURRENT EMPLOYMENT• TWO YEARS AT CURRENT RESIDENCE• MINIMUM 600 CREDIT SCORE. • NO EVICTIONS.

    (708) 438-5495

    2511 Terrace Ave Unit 1E, Lynwood, IL 60411
  • 19719 Terrace Ave Unit 3, Lynwood, IL 60411
    19719 Terrace Ave Unit 3, Lynwood, IL 60411
    19719 Terrace Ave Unit 3, Lynwood, IL 60411
    /8

    $1,575 Per Month

    • 2 Beds
    • 1 Bath
    • Condo for Rent

    19719 Terrace Ave Unit 3, Lynwood, IL 60411

    Property Id: 2301468SECOND Floor Apartment. TWO bedroom with ONE Bath. UPDATED and Extremely Clean.Coin Laundry Unit Storage Move In Condition. (REQUIREMENTS) • $1,575 PER MONTH RENT• MINIMUM MONTHLY GROSS INCOME $4,800 (COMBINED).• TWO YEARS AT CURRENT EMPLOYMENT• TWO YEARS AT CURRENT RESIDENCE• MINIMUM 600 CREDIT SCORE. • NO EVICTIONS.

    (708) 577-5371

    19719 Terrace Ave Unit 3, Lynwood, IL 60411
Illinois Cook County Lynwood

Newest Homes for Rent in Lynwood, IL

Frequently Asked Questions

How much does it cost to rent a home in Lynwood, IL?
The median rent for a home in Lynwood, IL is $1,737 per month, though prices vary by neighborhood, size, and property type. As of May 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 Lynwood, IL?
To comfortably afford the median rent in Lynwood, IL, a household needs to earn roughly $69,480 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 $1,737 per month in Lynwood, IL, renters typically need to show $5,211 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 Lynwood, IL?
In Lynwood, IL, the price-to-rent ratio is 11.3, 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.

Rental Home Trends in Lynwood, IL

There are currently 4 homes available for rent in Lynwood, IL. The median rent is $1,737 per month, with single-family homes renting at $2,100 and condos at $1,600.

Rental Home Trends

Number of Homes for Rent
4
Median Rent
$1,737
Median Single Family Home Rent
$2,100
Median Condo Rent
$1,600
How to Rent a Home

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