Newest Homes for Rent in Palos Park, IL

Explore Similar Homes Within 2 Miles of Palos Park, IL

/2
Starting at $1,400 Per Month
- 1 - 2 Beds
11185 Moraine Dr, Palos Hills, IL 60465

2 bedroom 1 bath, 800 s.f., 2 off street parking spaces.Heat, water, cooking gas is included in the rent. Tenant pays electric and cable bills.Living room 13'x15', Kitchen/ dining room combo 15'x8.5'; bedroom#1 12'x10', closet; bedroom#2 15'x10' 2 closets. Bathroom 8'x5'.Non- smoking, No pets or animals. Good credit and employment history required, no criminal background. Non

11180 - 11185 Moraine Dr

(630) 360-8254

11185 Moraine Dr, Palos Hills, IL 60465
Explore Palos Park
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$2,850 Per Month
- 3 Beds
- 2 Baths
- 1,400 Sq Ft
- Condo for Rent
11225 S Kean Ave Unit 1A, Palos Hills, IL 60465

Newly REHABBED LARGE LUXURY UNIT offering a beautifully updated living space. This exceptionally spacious 1st floor unit features 3 large bedrooms, 2 modern baths, a private 1car garage, plus an additional dedicated parking space. Every detail has been refreshed to provide a clean, contemporary feel throughout. Ideally located within walking distance to Moraine Valley College and just steps from

Yiselle Bryce RE/MAX 1st Service

11225 S Kean Ave Unit 1A, Palos Hills, IL 60465

Illinois Cook County Palos Park

Frequently Asked Questions

How much does it cost to rent a home in Palos Park, IL?

The median rent for a home in Palos Park, IL is $3,199 per month, though prices vary by neighborhood, size, and property type. As of May 2026, single-family homes tend to be the most affordable option while townhouses are currently more expensive.

How much do you need to make to afford rent in Palos Park, IL?

To comfortably afford the median rent in Palos Park, IL, a household needs to earn roughly $127,960 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 $3,199 per month in Palos Park, IL, renters typically need to show $9,597 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 Palos Park, IL?

In Palos Park, IL, the price-to-rent ratio is 14.6, 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 Palos Park, IL are best for renting a home?

The best neighborhood for renting in Palos Park, IL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Waterfall Glen, Orland Grove, Centennial and Silver Lake South, each with its own character and price range.

Rental Home Trends in Palos Park, IL

There are currently 2 homes available for rent in Palos Park, IL. The median rent is $3,199 per month, with single-family homes renting at $2,700 and townhouses at $3,199.

Rental Home Trends

Number of Homes for Rent

Median Rent

$3,199

Median Single Family Home Rent

$2,700

Median Townhouse Rent

$3,199

How to Rent a Home

More About Living in Palos Park

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Homes for Rent in Nearby Counties

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