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Studio Apartments for Rent in Mundelein, IL

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  • /26

    Starting at $1,498 Per Month

    • Studio - 2 Beds

    2200 S Butterfield Rd, Mundelein, IL 60060

    Park Butterfield Apartments offers residents an impressive array of amenities including our beautifully-appointed Clubhouse with On-Site Management Office, 24-hour Fitness Center, Outdoor Swimming Pool, Business Center with free Wi-Fi, Package Lockers, Community Theater Room, Playground, Bark Park, and Picnic Areas with tables and grills. Visit us today for your private tour of our first-rate

    Park Butterfield Apartments

    2200 S Butterfield Rd, Mundelein, IL 60060
  • /12

    Starting at $1,295 Per Month

    • Studio - 1 Bed

    550 Deepwoods Dr, Mundelein, IL 60060

    Welcome to Woodlands Apartment Homes, your new haven in Mundelein, IL. Our pet-friendly community, with breed and size restrictions, offers a warm and inviting atmosphere. Each apartment features large bedrooms, ensuring ample space for your comfort. We understand the importance of convenience, which is why we provide on-site maintenance, ensuring your living experience is as seamless as

    Woodlands Apartment Homes

    550 Deepwoods Dr, Mundelein, IL 60060

Why Live in Mundelein

Mundelein, located in the northwest suburbs of Chicago, Illinois, is a village of about 32,000 residents known for its lively events, distinctive businesses, and diverse housing options. The community features a mix of homes from the 1920s to modern new constructions, including Colonial Revival, new traditional, ranch, and split-level styles. Notable neighborhoods like Loch Lomond and Ivanhoe offer lakeside views and upscale living. Mundelein High School is highly rated, providing students with various career pathways. The village boasts numerous parks, such as Keith Mione Community Park and Kracklauer Park, which host local events and provide ample recreational space. Diamond Lake is a popular summer destination with a beach, boat launches, and picnic areas. Golf enthusiasts can enjoy courses like Pine Meadow Golf Club and the exclusive Ivanhoe Club. Shopping is convenient with big box stores near State Route 60 and independent shops in downtown Mundelein. Dining options range from Italian-American flavors at Tina G's to French cuisine at Taste of Paris. Mundelein hosts several annual events, including Community Days, the Mundelein Arts Festival, and the Winter Tree Lighting Festival. Commuters can easily access Chicago, 50 miles southeast, via the Metra train. For medical needs, Advocate Condell Medical Center is 4 miles away, and Chicago O’Hare International Airport is 26 miles south.

Frequently Asked Questions

How much does it cost to rent a home in Mundelein, IL?
The median rent for a home in Mundelein, IL is $2,472 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option while single-family homes and townhouses are currently more expensive.
How much do you need to make to afford rent in Mundelein, IL?
To comfortably afford the median rent in Mundelein, IL, a household needs to earn roughly $98,880 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 $2,472 per month in Mundelein, IL, renters typically need to show $7,416 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 Mundelein, IL?
In Mundelein, IL, the price-to-rent ratio is 13.8, 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.

Rental Home Trends

Number of Homes for Rent
2
Median Rent
$2,472
Median Single Family Home Rent
$2,500
Median Townhouse Rent
$3,150
Median Condo Rent
$1,850
How to Rent a Home