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Northfield, IL Townhome for Rent

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  • 1714 Colonial Ln, Northfield, IL 60093
    1714 Colonial Ln, Northfield, IL 60093
    1714 Colonial Ln, Northfield, IL 60093
    /30

    $3,900 Per Month

    • 3 Beds
    • 1.5 Baths
    • 1,460 Sq Ft
    • Townhouse for Rent

    1714 Colonial Ln, Northfield, IL 60093

    Fully Renovated 3-Bedroom Townhome in Downtown NorthfieldBe the first to rent this beautifully renovated 3-bedroom, 1.5-bath residence offering brand-new finishes, modern updates, and refined living in the heart of downtown Northfield.This fully updated home features a stunning new kitchen with stainless steel appliances, a deep kitchen sink, stylish cabinetry, and a clean, modern

    1714 Colonial Ln, Northfield, IL 60093
Illinois Cook County

Townhomes for Rent in Northfield, IL

Frequently Asked Questions

How much does it cost to rent a townhouse in Northfield, IL?
The median rent for a townhouse in Northfield, IL is $3,350 per month, though prices vary by neighborhood, size, and property type. As of July 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Northfield, IL?
To comfortably afford the median rent in Northfield, IL, a household needs to earn roughly $170,000 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 $4,250 per month in Northfield, IL, renters typically need to show $12,750 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 Northfield, IL?
In Northfield, IL, the price-to-rent ratio is 16.7, 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 Northfield, IL are best for renting a townhouse?
The best neighborhood for renting in Northfield, IL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a townhouse include West Ridge and Northeast Buffalo Grove, each with its own character and price range.

Townhouse Rental Trends in Northfield, IL

There are currently 1 townhouses available for rent in Northfield, IL. The median rent is $3,350 per month, with 2-bedroom townhouses renting at $2,700 and 3-bedroom townhouses at $4,438.

Rental Home Trends

Number of Townhouses for Rent
1
Median Townhouse Rent
$3,350
Median 2 Bedroom Townhouse Rent
$2,700
Median 3 Bedroom Townhouse Rent
$4,438
How to Rent a Home

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