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Rental Market Trends in Burnham, IL

What is the average rent in Burnham, IL?

$755/month

Average Rent

757 Sq Ft

Average Apartment Size

+2.4%

Increase in the Last Year

As of June 2025, the average rent in Burnham, IL is $755 per month. This is 54% lower than the national average rent of $1,627/month, making renting in Burnham more affordable than most cities in the US. When you rent an apartment in Burnham, you can expect to pay about per month for a studio, $755 for a one-bedroom apartment, and around $995 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$755/month
757 Sq Ft
Two Bedroom
$995/month
1,000 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Burnham, IL?

In the past year, rent has increased by 2.4%, which averages out to $19 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated June 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Burnham, IL
Last Updated June 2025
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Burnham, IL
Percentage*
Rent Range
0% Below $700/month
100% $700 - $1,000/month
0% $1,001 - $1,500/month
0% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Burnham, IL?

Because the average rent in Burnham is $755, you’ll want to make about $2,516 per month or $30,192 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Burnham, IL

5 Available Apartments for Rent

Search for Nearby Apartments

How does Burnham, IL compare to other nearby cities and neighborhoods?

Use the tool below to compare Burnham, IL to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Burnham, IL

Apartment Averages

Nearby City Rent Trends

  • Calumet City Average Rent
  • Dolton Average Rent
  • Hammond Average Rent
  • East Chicago Average Rent
  • Riverdale Average Rent
  • Lansing Average Rent

Apartment communities in Burnham we think you'll love

Dynasty Properties

Dynasty Properties

250 Yates Ave,
Calumet City, IL 60409

2 Beds | $1,395

2604 E State St

2604 E State St

2604 E State St,
Burnham, IL 60633

2 Beds | $1,500

2614 E Goodrich Ave

2614 E Goodrich Ave

2614 E Goodrich Ave,
Burnham, IL 60633

2 Beds | $1,500

14001 S Torrence Ave

14001 S Torrence Ave

14001 S Torrence Ave,
Burnham, IL 60633

2 Beds | $1,400

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United States Illinois Burnham Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity