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Maywood, IL Condo for Rent

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  • 1021 S 16th Ave Unit 1, Maywood, IL 60153
    1021 S 16th Ave Unit 1, Maywood, IL 60153
    1021 S 16th Ave Unit 1, Maywood, IL 60153
    /9

    $1,850 Per Month

    • 3 Beds
    • 1 Bath
    • 1,200 Sq Ft
    • Condo for Rent

    1021 S 16th Ave Unit 1, Maywood, IL 60153

    Property Id: 1485652 Welcome to your new home! This renovated three-bedroom 1st floor apartment unit is just a short 20-minute commute from downtown Chicago. It's conveniently located within walking distance of an elementary school, making it a great choice for families. The property features a modern security system for your peace of mind, with gated access and available parking. Plus,

    1021 S 16th Ave Unit 1, Maywood, IL 60153
Illinois Cook County

Condos for Rent in Maywood, IL

Frequently Asked Questions

How much does it cost to rent a condo in Maywood, IL?
The median rent for a condo in Maywood, IL is $1,575 per month, though prices vary by neighborhood, size, and property type. As of September 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 Maywood, IL?
To comfortably afford the median rent in Maywood, IL, a household needs to earn roughly $74,000 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 $1,850 per month in Maywood, IL, renters typically need to show $5,550 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 Maywood, IL?
In Maywood, IL, the price-to-rent ratio is 13.4, 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 Maywood, IL are best for renting a condo?
The best neighborhood for renting in Maywood, IL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Galewood, Belmont Heights, Austin, Garfield Park and O'Hare, each with its own character and price range.

Condo Rental Trends in Maywood, IL

There are currently 1 condos available for rent in Maywood, IL. The median rent is $1,575 per month, with 1-bedroom condos renting at $1,275, 2-bedroom condos at $1,575 and 3-bedroom condos at $2,100.

Rental Home Trends

Number of Condos for Rent
1
Median Condo Rent
$1,575
Median 1 Bedroom Condo Rent
$1,275
Median 2 Bedroom Condo Rent
$1,575
Median 3 Bedroom Condo Rent
$2,100
How to Rent a Home

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