States › Illinois › Beach Park

Is Beach Park, IL expensive to live in?

CheapRent takes 18 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,38721% lower than U.S. average
💵 Families earn per year (2026)$92,389about $7,699/month · 6% higher than U.S. average
🔑 House price$245,80026% lower than U.S. average

Rent is lower than in 64% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Most homes (86.8%) are owned, so rentals can be hard to find.

How much money do I need?

To rent here comfortably, you should earn about $55,480 a year. That is $27 an hour at a full-time job.

Is rent cheaper than other Illinois cities?

Yes. Rent here is cheaper than in most of Illinois. It is number 140 of 334 cities from cheapest to most expensive.

Beach Park
$1,387
Chicago Ridge
$1,629
Mount Vernon
$1,043
Wauconda
$2,886
Glen Carbon
$1,268
Midlothian
$1,524
Forest Park
$1,505

How much do households earn in Beach Park?

Under $25k
6.8%
$25k–50k
21.9%
$50k–100k
38.4%
$100k–150k
20.9%
$150k+
5.9%

Share of households by yearly income. 26.7% of households earn $100,000 or more.

Rent by apartment size in Beach Park

SizeBeach ParkU.S. average
2 bedrooms$1,212$1,509
3 bedrooms$1,837$1,698

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Beach Park overall?

Everyday prices in Illinois overall are same as the U.S. average (index 100.0, U.S. = 100).

Housing
94
Goods (food, clothes…)
104
Utilities
85
Other services
100
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Beach Park, so the Illinois figure is shown.

Taxes and bills in Beach Park

🏛️ Property tax$6,445a year · 2.62% of home value · U.S. $3,119
⚡ Electric bill$121a month (typical) · U.S. $156

Life in Beach Park

Commute to work27.7 minU.S.: 26.4 min
College degree19.2%U.S.: 35.7%
Own their home86.8%U.S.: 65.2%
Below poverty line8.5%U.S.: 12.5%
Unemployment8.4%U.S.: 5.2%

Is it cheaper to rent or buy in Beach Park?

Renting is cheaper right now: about $319 a month less.

Renting
$1,387
Owning
$1,706

Owning assumes a typical $245,800 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $24,580 for the down payment.

Frequently asked questions

What is the average rent in Beach Park, IL?

Renting in Beach Park costs a median of about $1,387 a month in 2026, including utilities. The Illinois median is $1,517.

How much do I need to make to live in Beach Park?

To keep rent under 30% of income, you need about $55,480 a year, or $27 an hour at a full-time job.

Is Beach Park cheap or expensive?

Beach Park is rated Cheap: rent takes 18.0% of the typical household income of $92,389. It ranks 140th cheapest of 334 Illinois cities we track.

How much are property taxes in Beach Park?

The median homeowner in Beach Park pays $6,445 a year in property taxes, about 2.62% of the median home value.

Is Beach Park more expensive than the national average?

Overall prices in Illinois are same as the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Beach Park?

The median home value in Beach Park is $245,800, about 2.7 times the typical yearly household income.

14,115 people live in Beach Park. Numbers are typical (middle) values.