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Rental Market Trends in Calumet Park, IL

What is the average rent in Calumet Park, IL?

$1,037/month

Average Rent

706 Sq Ft

Average Apartment Size

+2.1%

Increase in the Last Year

As of March 2026, the average rent in Calumet Park, IL is $1,037 per month. This is 36% lower than the national average rent of $1,626/month, making renting in Calumet Park more affordable than most cities in the US. When you rent an apartment in Calumet Park, you can expect to pay about $870 per month for a studio, $1,037 for a one-bedroom apartment, and around $1,283 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $878 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$870/month
304 Sq Ft
One Bedroom
$1,037/month
706 Sq Ft
Two Bedroom
$1,283/month
874 Sq Ft
Three Bedroom
$878/month
1,200 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 Calumet Park, IL?

In the past year, rent has increased by 2.1%, which averages out to $23 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 March 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Calumet Park, IL
Last Updated March 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Calumet Park, IL
Percentage*
Rent Range
0% Below $700/month
20% $700 - $1,000/month
80% $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 Calumet Park, IL?

Because the average rent in Calumet Park is $1,037, you’ll want to make about $3,456 per month or $41,472 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

Calumet Park, IL

6 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Calumet Park, 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 Calumet Park, IL

Apartment Averages

Apartment communities in Calumet Park we think you'll love

12105 S Justine St

12105 S Justine St

12105 S Justine St,
Chicago, IL 60643

$2,700

2 Beds

12831 S Morgan St

12831 S Morgan St

12831 S Morgan St,
Chicago, IL 60643

$5,955

4 Beds

1742 W 127th St

1742 W 127th St

1742 W 127th St,
Calumet Park, IL 60827

$1,550

3 Beds

642 W 123rd St

642 W 123rd St

642 W 123rd St,
Chicago, IL 60628

$1,500

3 Beds

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United States Illinois Calumet Park 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 February 2026.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity