$2,200 Per Month
- 3 Beds
- 2 Baths
- 1,350 Sq Ft
- 2000-2006 Walnut
2000 Walnut 2006 Walnut Unit 1000Golf, Park City, IL 60085
Frequently Asked Questions
How much does it cost to rent a condo in Park City, IL?
The median rent for a condo in Park City, IL is $2,200 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option.
How much do you need to make to afford rent in Park City, IL?
To comfortably afford the median rent in Park City, IL, a household needs to earn roughly $88,000 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 $2,200 per month in Park City, IL, renters typically need to show $6,600 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 Park City, IL?
In Park City, IL, the price-to-rent ratio is 13.3, 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 Park City, IL are best for renting a condo?
The best neighborhood for renting in Park City, IL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include West Highland Park, Forest River, East Highland Park and Village of Pleasant Prairie, each with its own character and price range.
