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Newest Homes for Rent in Markham, IL

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  • 15711 Whipple St, Markham, IL 60428
    15711 Whipple St, Markham, IL 60428
    15711 Whipple St, Markham, IL 60428
    /3

    $3,025 Per Month

    • 3 Beds
    • 1 Bath
    • 920 Sq Ft
    • Condo for Rent

    15711 Whipple St, Markham, IL 60428

    Welcome to this charming property located in the heart of Markham, IL, offering a perfect blend of convenience and comfort. This spacious home is ideally situated near a variety of great restaurants and department stores, making it easy to enjoy local dining and shopping. Plus, you’re just a short 9-minute drive from Advocate South Suburban Hospital, ensuring peace of mind in case of

    15711 Whipple St, Markham, IL 60428
  • 16340 Ashland Ave, Markham, IL 60428
    16340 Ashland Ave, Markham, IL 60428
    16340 Ashland Ave, Markham, IL 60428
    /10

    $2,500

    Total Monthly Price

    • 3 Beds
    • 1 Bath
    • 956 Sq Ft
    • House for Rent

    16340 Ashland Ave, Markham, IL 60428

    This well-kept 3-bedroom, 1-bath ranch offers comfortable single-level living in a quiet neighborhood near local parks and the nearby grammar school. The home features a bright living area, functional layout, a fully fenced yard, and a private garage with 2–3 additional parking spaces. Located minutes from multiple expressways, the Homewood shopping district, Wind Creek Chicago Southland casino,

    16340 Ashland Ave, Markham, IL 60428
  • 3014 W 163rd St, Markham, IL 60428
    3014 W 163rd St, Markham, IL 60428
    3014 W 163rd St, Markham, IL 60428
    /11

    $1,800 Per Month

    • 3 Beds
    • 1 Bath
    • 1,800 Sq Ft
    • House for Rent

    3014 W 163rd St, Markham, IL 60428

    Step into this beautifully maintained 3-bedroom ranch, quietly positioned on a roomy lot with a long private driveway—perfect for multiple cars or visiting guests. The home features a generously sized living room ideal for entertaining or relaxing with family. The eat-in kitchen showcases sleek stainless steel appliances and ample cabinet space, combining style with practicality. Each of the

    3014 W 163rd St, Markham, IL 60428
Illinois Cook County

Newest Homes for Rent in Markham, IL

Frequently Asked Questions

How much does it cost to rent a home in Markham, IL?
The median rent for a home in Markham, IL is $2,500 per month, though prices vary by neighborhood, size, and property type. As of September 2026, single-family homes tend to be the most affordable option while condos are currently more expensive.
How much do you need to make to afford rent in Markham, IL?
To comfortably afford the median rent in Markham, 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 Markham, 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 Markham, IL?
In Markham, IL, the price-to-rent ratio is 5.6, 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.

Rental Trends in Markham, IL

There are currently 3 homes available for rent in Markham, IL. The median rent is $2,500 per month, with single-family homes renting at $2,400 and condos at $3,025.

Rental Home Trends

Number of Homes for Rent
3
Median Rent
$2,500
Median Single Family Home Rent
$2,400
Median Condo Rent
$3,025
How to Rent a Home

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