$2,050 Per Month
- 3 Beds
- 2 Baths
- Condo for Rent
14723 Kilpatrick Ave Unit 14723 KILPATRICK UNIT, Midlothian, IL 60445
Frequently Asked Questions
How much does it cost to rent a home in Midlothian, IL?
The median rent for a home in Midlothian, IL is $1,787 per month, though prices vary by neighborhood, size, and property type. As of July 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 Midlothian, IL?
To comfortably afford the median rent in Midlothian, IL, a household needs to earn roughly $71,480 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 $1,787 per month in Midlothian, IL, renters typically need to show $5,361 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 Midlothian, IL?
In Midlothian, IL, the price-to-rent ratio is 11.4, 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 Midlothian, IL are best for renting a home?
The best neighborhood for renting in Midlothian, IL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Silver Lake South, Morgan Park, Mount Greenwood and West Pullman, each with its own character and price range.
