Landlord Resources
How to Get a Loan for a Rental Property
Rental property loans differ from traditional mortgages, needing larger down payments, higher interest rates, and reserves, often disregarding projected rental income.
•11 min read
Viewing 1-2 of 2 rentals in 60104
What to Know About
Life in Bellwood & Beyond
Bellwood shares many of the great qualities that make Illinois a desirable place to live.
Illinois is known for its rich cultural heritage, lively urban centers, and beautiful countryside landscapes. Explore the state's cultural heritage by visiting renowned museums such as the Lincoln Presidential Library and Museum, the Field Museum of Natural History, the Museum of Science and Industry, and the Art Institute of Chicago. The state also has a thriving theater and art scene, including the renowned Steppenwolf Theatre Company in Chicago. Illinois is also home to respected universities like the University of Illinois at Urbana-Champaign and Northwestern University.
Outdoor enthusiasts will love the scenic beauty of the Shawnee National Forest and the adventure-filled trails of the Starved Rock State Park. Sports fans will be in their element in Illinois, cheering on the Chicago Bears (NFL), Chicago Blackhawks (NHL), Chicago Cubs (MLB), Chicago White Sox (MLB), and Chicago Bulls (NBA). Experience famous attractions like the Willis Tower, Navy Pier, and the Lincoln Park Zoo. Also, enjoy the musicals and plays at Broadway-in-Chicago, festivals throughout the summer months, and culinary tours of the local restaurants.
With its vibrant cultural scene, exciting entertainment options, and top-notch educational opportunities, Illinois offers a high quality of life, making it a great place to live.
Rental Market Trends
Bellwood, IL
As of June 2026, Bellwood's rental market is highly competitive, where rentals lease within days, often attracting multiple applications and above-asking offers. Bellwood's average rent is 12.9% ($218) lower than the Illinois average of $1,694 and 17.9% ($321) lower than the U.S. average of $1,797.
Average Rent
$1,476
Monthly ChangeMonth Over Month Change
No change
Yearly ChangeYear Over Year Change
22.8% ($437)
Avg. Days on MarketAverage Days on Market
25
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $1,395 | No change | 10.3% ($161) |
| 2 Beds | $1,553 | 0.4% ($6) | 22.5% ($451) |
| 3 Beds | $1,850 | 6.6% ($115) | 17.9% ($402) |
| Nearby Cities | Average Rent | Avg. Rent vs. BellwoodAverage Rent vs. Bellwood | Avg. Days on MarketAverage Days on Market |
|---|---|---|---|
| Hillside | $1,514 | 2.6% ($38) | 25 days |
| Maywood | $1,445 | 2.1% ($31) | 26 days |
| Melrose Park | $1,369 | 7.2% ($107) | 24 days |
| Broadview | $1,480 | 0.3% ($4) | 30 days |
| Forest Park | $1,639 | 11% ($163) | 28 days |
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Bellwood Rental Market FAQs
Explore rental prices, market trends, and availability in Bellwood, IL.
The average rent in Bellwood, IL is $1,476 per month.
Homes in Bellwood typically rent for between $977 and $2,405 per month, with an average of $1,476 per month.
In Bellwood, the average rent for a 1-bedroom home is $1,395 per month, for a 2-bedroom home, $1,553 per month, and a 3-bedroom home is $1,850 per month.
The average rent in Bellwood is 17.9% ($321) lower than the national average of $1,797 per month.
The average rent in Bellwood has remained stable in the last month and decreased by 22.8% ($437) over the past year.
The rental market in Bellwood, IL, is currently highly competitive, where rentals lease within days, often attracting multiple applications and above-asking offers.
In Bellwood, IL, the average rental stays on the market for approximately 25 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 2 rental properties available in Bellwood, IL.
Based on the current averages, a household would need an annual income of $62,120 to comfortably afford a 2-bedroom home in Bellwood.
