$2,350 Per Month
- 2 Beds
- 1.5 Baths
- 1,116 Sq Ft
- Townhouse for Rent
113 Hazelnut Dr, Streamwood, IL 60107
113 Hazelnut Dr, Streamwood, IL 60107
Frequently Asked Questions
How much does it cost to rent a townhouse in Streamwood, IL?
The median rent for a townhouse in Streamwood, IL is $2,300 per month, though prices vary by neighborhood, size, and property type. As of August 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 Streamwood, IL?
To comfortably afford the median rent in Streamwood, IL, a household needs to earn roughly $100,000 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 $2,500 per month in Streamwood, IL, renters typically need to show $7,500 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 Streamwood, IL?
In Streamwood, IL, the price-to-rent ratio is 11.0, 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 Streamwood, IL are best for renting a townhouse?
The best neighborhood for renting in Streamwood, IL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a townhouse include West Schaumburg, South Tri Village, Elk Grove Village West and Plum Grove Village, each with its own character and price range.
