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Newest Homes for Rent in Lynwood, IL

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  • /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
  • /14

    $1,600 Per Month

    • 2 Beds
    • 1 Bath
    • 1,000 Sq Ft
    • House for Rent

    20169 Ash Ln, Lynwood, IL 60411

    Welcome to 20169 Ash Ln in Lynwood, IL — a well-appointed 2-bedroom, 1-bath home offering practical comforts and convenient features. The residence includes a full kitchen equipped with a dishwasher, in-unit washer and dryer, and access to water service. Step outside to a private balcony and enjoy the convenience of private parking and an attached garage. This property pairs everyday

    20169 Ash Ln, 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
  • /11

    $1,950 Per Month

    • 2 Beds
    • 1 Bath
    • House for Rent

    20126 Ash Ln, Lynwood, IL 60411

    Property Id: 1179725This Beautifully remolded and rarely available 2-bedroom, 1- bathroom townhouse in Lynnwood Terrace is located in Lynwood, IL. The townhouse has newly remodeled kitchen with new countertops. The kitchen comes with refrigerator, new stove, in unit washer and dryer. The bathroom has new tile around the tube area and newly installed sink. This townhouse has new luxury

    20126 Ash Ln, 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
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    $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

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 11.2, 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

Rental Home Trends

Number of Homes for Rent
6
Median Rent
$1,737
Median Single Family Home Rent
$2,025
Median Condo Rent
$1,600
How to Rent a Home