2

Studio Condos for Rent in South Chicago Heights, IL

Section Image
  • /4

    $950 Per Month

    • Studio
    • 1 Bath
    • Condo for Rent

    3040 Chicago Rd Unit 3034-4, South Chicago Heights, IL 60411

    Property Id: 2769038 Recently updated studio apartment conveniently located in South Chicago Heights! Tenant pays electric only! Off Street parking available NO security deposit, NO move in fee One year lease term Pets allowed up to 40 lbs (adult weight; breed restrictions apply) Housing vouchers accepted We use several factors in determining whether to

    3040 Chicago Rd Unit 3034-4, South Chicago Heights, IL 60411
  • /4

    $950 Per Month

    • Studio
    • 1 Bath
    • Condo for Rent

    3034 Chicago Rd Unit 4, South Chicago Heights, IL 60411

    Recently updated studio apartment conveniently located in South Chicago Heights!Tenant pays electric only!Off Street parking availableNO security deposit, NO move in feeOne year lease termPets allowed up to 40 lbs (adult weight; breed restrictions apply)Housing vouchers acceptedWe use several factors in determining whether to approve or decline an

    3034 Chicago Rd Unit 4, South Chicago Heights, IL 60411

Frequently Asked Questions

How much does it cost to rent a condo in South Chicago Heights, IL?
The median rent for a condo in South Chicago Heights, IL is $1,175 per month, though prices vary by neighborhood, size, and property type. As of July 2026, condos tend to be the most affordable option.
How much do you need to make to afford rent in South Chicago Heights, IL?
To comfortably afford the median rent in South Chicago Heights, IL, a household needs to earn roughly $47,000 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 $1,175 per month in South Chicago Heights, IL, renters typically need to show $3,525 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 South Chicago Heights, IL?
In South Chicago Heights, IL, the price-to-rent ratio is 12.9, 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 Condos for Rent
2
Median Condo Rent
$1,175
Median 2 Bedroom Condo Rent
$1,400
How to Rent a Home