1

Merrionette Park, IL Home for Rent

Section Image
  • /23

    $1,500 Per Month

    • 1 Bed
    • 1 Bath
    • 510 Sq Ft
    • Condo for Rent

    3175 W 115th St Unit 2W, Merrionette Park, IL 60803

    Fully Remodeled 2026 Luxury 1 Bedroom Condo Bordering Mt. Greenwood - Heat, Gas, Water, Snow Removal and Premium Dedicated Parking Spot Included in the Monthly Rental. Property Description: Experience true turnkey luxury on the border of Mt. Greenwood! Welcome home to this top-to-bottom, completely gut-rehabbed 1-bedroom, 1-bathroom condo located in a highly desirable, quiet, and secure flexicore

    Maria Almeraz Turn Key Realty Solutions

    3175 W 115th St Unit 2W, Merrionette Park, IL 60803

Why Live in Merrionette Park

Merrionette Park, IL, is a small village in Cook County with a population of about 2,000 residents. This close-knit community, originally developed in the 1940s, features walkable streets lined with sidewalks, providing easy access to parks, grocery stores, and medical centers. The village offers a suburban atmosphere with the conveniences of urban living, including more affordable housing options compared to nearby south Chicago suburbs. Home styles in Merrionette Park include cozy brick bungalows, split-levels, and ranch-style homes, with prices ranging from around $160,000 for smaller two-bedroom homes to $250,000 and above for larger four-bedroom properties. Residents can shop at the centrally located Jewel-Osco or Dollar Tree and enjoy local dining options like Beggars Pizza, known for its deep-dish pies, or Lumes Pancake House on Western Avenue. The area features several parks, including Kennedy Park, which offers walking paths, an outdoor hockey rink, and a community pool. Merrionette Park's educational system includes a quad-school pipeline, with Eisenhower High School providing a variety of unique courses and programs.

Frequently Asked Questions

How much does it cost to rent a home in Merrionette Park, IL?
The median rent for a home in Merrionette Park, IL is $1,300 per month, though prices vary by neighborhood, size, and property type. As of July 2026, condos tend to be the most affordable option.
How much do you need to make to afford rent in Merrionette Park, IL?
To comfortably afford the median rent in Merrionette Park, IL, a household needs to earn roughly $52,000 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 $1,300 per month in Merrionette Park, IL, renters typically need to show $3,900 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 Merrionette Park, IL?
In Merrionette Park, IL, the price-to-rent ratio is 14.8, 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 Merrionette Park, IL are best for renting a home?
The best neighborhood for renting in Merrionette Park, IL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Mount Greenwood, Morgan Park, Beverly, West Pullman and Brainerd, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$1,300
Median Condo Rent
$1,488
How to Rent a Home