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Rental Market Trends in Calumet Park, IL

Updated July 2026

The average rent in Calumet Park, IL is $1,040/month.

Rent in Calumet Park is 37% lower than the national average rent of $1,662/month, making this one of the less expensive cities statewide.

$1,040/month

Average Rent

722 Sq Ft

Average Size

+1%

Change / Year

5

Available Apartments

Calumet Park rent varies by unit size and layout:

  • Studio apartments in Calumet Park average $874 per month.
  • One-bedroom apartments in Calumet Park average $1,040 per month.
  • Two-bedroom apartments in Calumet Park average $1,295 per month.
  • Three-bedroom apartments in Calumet Park average $897 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$874/month
304 Sq Ft
One Bedroom
$1,040/month
722 Sq Ft
Two Bedroom
$1,295/month
877 Sq Ft
Three Bedroom
$897/month
1,200 Sq Ft
View Calumet Park Apartments

How much has average rent changed in Calumet Park, IL?

In the past year, rent has increased by 1%, which averages out to $11 more per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Calumet Park, IL

July 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 $1,040, you’ll want to make about $3,466 per month or $41,592 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

5 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.

View the Calumet Park Area Guide

Apartment Averages

Apartment Communities in Calumet Park We Think You'll Love

12327 S Justine St

12327 S Justine St

12327 S Justine St,
Calumet Park, IL 60827

3 Beds | $2,250

12827 S Morgan St

12827 S Morgan St

12827 S Morgan St,
Chicago, IL 60643

4 Beds | $5,483

13058 S Wood St

13058 S Wood St

13058 S Wood St,
Blue Island, IL 60406

2 Beds | $1,475

12549 S Marshfield Ave

12549 S Marshfield Ave

12549 S Marshfield Ave,
Calumet Park, IL 60827

1 Bed | $975

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Frequently Asked Questions

What is the average rent in Calumet Park?

The average rent in Calumet Park is $1,040 per month, which is 37.4% lower than the national average of $1,662.

Are rents going up or down in Calumet Park?

Rents in Calumet Park, IL are increasing, with prices up 1.0% year-over-year and $11 more per month.

What rent range is most common in Calumet Park?

In Calumet Park, IL, 80% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.

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 June 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity