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Park City, IL Homes for Rent

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  • /35

    Starting at $1,065 Per Month

    • 1 - 2 Beds

    3080 W 8th St, Waukegan, IL 60085

    Southwest of the intersection of Belvidere Road and Green Bay Road sits the treelined quaint community of Beechwood at thePreserve in Waukegan, IL. The Greenbelt Forest Preserve, Pulaski Lake, and Skokie River are mere blocks away in addition to conveniently located dining, shopping, and entertainment options. Beechwood at the Preserve offers the best of convenience and relaxation. Elevators,

    Beechwood at the Preserve

    3080 W 8th St, Waukegan, IL 60085
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    $1,400 Per Month

    • 2 Beds
    • 1 Bath
    • 825 Sq Ft
    • House for Rent

    3060 Kathe Ln, Waukegan, IL 60085

    Property Id: 1118332Move-In Special: Get 1 Month FREE!Take advantage of this limited-time offer when you move into one of our beautiful apartments.Discover comfortable living at Briarwood Apartments, where we offer a wide range of amenities designed for your convenience and lifestyle: Large closets Air conditioning Refrigerator Onsite management Playground & basketball court

    3060 Kathe Ln, Waukegan, IL 60085
  • /8

    $1,175 Per Month

    • 1 Bed
    • 1 Bath
    • 685 Sq Ft
    • House for Rent

    3060 Kathe Ln, Waukegan, IL 60085

    Property Id: 1122453Welcome to Briarwood Apartments — Your New Home Awaits!Discover comfortable living at Briarwood Apartments, where we offer a wide range of amenities designed for your convenience and lifestyle:Large closetsAir conditioningRefrigeratorOnsite managementPlayground & basketball courtPark & visitor parkingAnd

    3060 Kathe Ln, Waukegan, IL 60085
  • /6

    $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

    2000 Walnut 2006 Walnut Unit 1000Golf, Park City, IL 60085

Why Live in Park City

Park City, IL, located just five miles from Lake Michigan’s beach and 40 miles north of downtown Chicago, offers affordable housing options and a variety of local amenities. The city is popular among commuters due to its proximity to a Metra station in nearby Waukegan. Residents can enjoy a range of dining options, with local favorites including La Canoa and Big Ed’s BBQ, as well as family-friendly spots like El Famous Burrito and El Rey Del Pollo Asado. For nightlife and weekend activities, Anastasia’s Restaurant & Sports Lounge and the nearby American Place Casino are popular choices. Outdoor enthusiasts can explore Robert H. Allen Park and Betty Limbrunner Park, or venture to the Greenbelt Forest Preserve and Lake Carina Forest Preserve for hiking, biking, and water activities. The public Foss Park Golf Course is also a local attraction. Housing in Park City includes manufactured homes, bi-level, tri-level, and ranch-style homes, as well as new traditional-style homes, catering to various budgets and preferences. The Warren-Newport Public Library offers a range of programs for all ages, while the historic Genesee Theatre in Waukegan provides entertainment options such as concerts and comedy shows. With its affordable living, local amenities, and proximity to both natural and urban attractions, Park City presents a balanced lifestyle for its residents.

Frequently Asked Questions

How much does it cost to rent a home in Park City, IL?
The median rent for a home 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 home?
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 home include West Waukegan, Southwest Waukegan and South Libertyville, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
4
Median Rent
$2,200
Median Condo Rent
$2,200
How to Rent a Home