4

Studio Apartments for Rent in Winnetka, IL

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  • /2

    $1,695 Per Month

    • Studio
    • 1 Bath
    • Condo for Rent

    731 Elm St Unit 733-301, Winnetka, IL 60093

    Charming Studio apartment features hardwood floors, updated kitchen and bath. Pets welcome. Close to Metra, restaurants, grocery and more. Presented by Fulton Grace, Chicago IL. *Pictures may be of a similar unit in building.

    (224) 526-8227

    731 Elm St Unit 733-301, Winnetka, IL 60093
  • /27

    $1,595 - $1,995

    Total Monthly Price

    • Studio - 1 Bed
    • 1 Bath
    • 500 Sq Ft
    • Condo for Rent

    910 Green Bay Rd, Winnetka, IL 60093

    910 Green Bay Rd, Winnetka, IL 60093
  • /27

    $1,595 - $1,995

    Total Monthly Price

    • Studio - 1 Bed
    • 1 Bath
    • 500 Sq Ft
    • Condo for Rent

    910 Green Bay Rd, Winnetka, IL 60093

    910 Green Bay Rd, Winnetka, IL 60093
  • /27

    $1,595 - $1,995

    Total Monthly Price

    • Studio - 1 Bed
    • 1 Bath
    • 500 Sq Ft
    • Condo for Rent

    910 Green Bay Rd, Winnetka, IL 60093

    910 Green Bay Rd, Winnetka, IL 60093

Why Live in Winnetka

Winnetka, IL, a North Shore village bordering Lake Michigan, is known for its scenic beauty and small-town charm. With a population of approximately 12,700, it offers a mix of historic and modern homes, including early 1900s farmhouses, bungalows, Colonial and Tudor Revivals, as well as newer luxury properties like French-style chateaus and English-inspired manors. The village is safer than the national average, making it a desirable place for families. Highly rated schools such as Crow Island School, The Skokie School, Carleton W. Washburne School, and New Trier Township High School serve the community, along with Avoca School District 37, Wilmette School District 39, and Loyola Academy.

Winnetka's attractions include several beaches like Lloyd Beach, which features a boat launch and paddleboard rentals, and the Green Bay Trail, a popular route for cyclists and hikers. The village also boasts community parks, the Winnetka Golf Club, and the A.C. Nielsen Tennis Center. Downtown Winnetka, centered around the Metra stations, is pedestrian-friendly with local businesses, dining options like Fred's Garage and Pomeroy, and shops such as The Book Stall and The Grand Food Center.

Transportation is convenient with three Metra stations—Winnetka, Hubbard Woods, and Indian Hill—providing access to downtown Chicago, just 15 miles away. The Pace bus routes and proximity to Interstate 94 further enhance connectivity. This combination of natural beauty, strong community focus, and excellent amenities makes Winnetka a unique and appealing place to live.

Frequently Asked Questions

How much does it cost to rent a home in Winnetka, IL?
The median rent for a home in Winnetka, IL is $1,895 per month, though prices vary by neighborhood, size, and property type. As of May 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 Winnetka, IL?
To comfortably afford the median rent in Winnetka, IL, a household needs to earn roughly $75,800 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 $1,895 per month in Winnetka, IL, renters typically need to show $5,685 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 Winnetka, IL?
In Winnetka, IL, the price-to-rent ratio is 83.7, 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 Winnetka, IL are best for renting a home?
The best neighborhood for renting in Winnetka, IL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Rogers Park, Lincoln Square, Edgewater, Lakeview East and River North, each with its own character and price range.

Rental Home Trends in Winnetka, IL

Rental Home Trends

Number of Homes for Rent
4
Median Rent
$1,895
Median Single Family Home Rent
$8,450
Median Townhouse Rent
$3,973
Median Condo Rent
$1,945
How to Rent a Home