Streamwood, IL

177 Apartments for Rent

"She said she's from a little town called Streamwood. / Where you can hear the coyotes and the train horn and the cracks in the road. / Or so I'm told." (- Matt Glista, "Streamwood")

From the early 1800s through 1950, many people moved to Illinois as dairy farmers, ending up in a village originally known as 'Hoosier Grove'. Luckily for you, knowing how to milk a cow isn't a prerequisite for living and thriving in Streamwood today. One of the fastest-growing communities within the Chicago metropolitan area, Streamwood, along with Bartlett and Hanover Park, constitutes what is known as the Tri Village area. A 30-minute drive from O'Hare Airport and about an hour's drive from Chicago, Streamwood is home to an award-winning park district. That's reason enough to move here, we say!

Renting in Streamwood

The residences in Streamwood are mostly limited to detached single-family homes and attached row houses, so it is an ideal place for someone looking to rent one of these housing options. With the median value for a rental property in Streamwood being a bit higher than average, you will have to shell out a bit more than the rest of Illinois. You'll definitely get some bang for your buck, though. You'll have the privilege of staying in one of the nicest places in Illinois, with an active community life and major cities like Chicago in easy reach. It certainly helps to prepare yourself before starting your quest to find your dream rental home in Streamwood. The following tips will help you on your mission:

What You Will Need

As you begin your search for apartments in Streamwood, have a copy of your credit report in hand and be prepared with references from previous landlords. Since it can be hard to find studio apartments in Streamwood, make sure your checkbook is in easy reach. When you find one you want, you'll want to make a deposit right away.

What You Should Do

Look around all the neighborhoods once you know exactly what you're looking for. Even if you instantly find a home that you really like, don't rush to make any payments. You never know what you may discover through random walks in the neighborhood. It also helps to talk to locals in the area and people working in neighborhood stores. Check out a few different rentals and compare the pros, and more importantly the cons, of each.

When you meet with the landlord or owner of rental housing in Streamwood, it is a good opportunity for you to have your questions answered. Make it a point to list all the things you need and want in the neighborhood, such as grocery stores and entertainment options, and find out the proximity to each of these.

Neighborhoods in Streamwood

Sutton Road: While the rents here are pretty affordable, this neighborhood has a higher rate of owner-occupied housing than 95.7 percent of neighborhoods in the country. If you want to rent an apartment in this area, be ready to invest a good month searching for a suitable rental.

Village Center: Living in Village Center's residences is a lot like walking through the pages of a history book. An incredible 87.9 percent of the homes here were built between 1940 and 1969. Most of the homes are well maintained and a high demand for real estate here ensures that the vacancy rate in Village Center never goes beyond 1 percent. If you're looking for a detached single family home in Streamwood, your search will most likely lead you to Village Center you won't find many other types of housing around these parts. With a good mix of ethnicities spread through the neighborhood, Village Center is a melting pot of the good things in life.

East Avenue: If you dream of staying in a neighborhood that has charming streets lined with row houses, statistics say you wouldn't find too many other localities in America better placed in this regard. Almost half of the homes in East Avenue are classified as row houses and this neighborhood brims with opportunities for you to to find your dream rental. Plus, if you can't see yourself going a single week without a trip to the theatre or opera, you'll feel right at home with your neighbors in East Avenue.

Schaumburg Road/Bartlett Road: The real estate landscape in this suburban neighborhood is made up of three to four bedroom apartments along with a number of single-family homes and townhouses. Most of the houses here are owner occupied and the vacancy rate rarely goes above 2 percent. So, if you plan on renting a townhouse in this area, you will most likely have to spend a good deal of time before you find a vacant rental that fits your needs like a glove. About 35 percent of commuters spend between one hour to 90 minutes commuting to work. So it would be a good idea to get yourself a car if you don't already have one (unless you like walking or really need the exercise). Like the neighborhood of Sutton Road, residents here belong to a number of different ethnicities.

Living in Streamwood

Life in Streamwood is peaceful but active at the same time, and the locals celebrate a number of community events. Check out theSummer Celebration, the annual Easter Egg roll and the Pumpkinfest in the Hoosier Grove Park, which houses a historic barn, now restored as a banquet facility. The village also boasts a park district that is packed with a number of parks and recreation centers. Streamwood is an ideal place of residence for those who want to live a relaxed life, but may have to commute to nearby cities a couple of times a month. The drive time to Chicago is about an hour, while a ride on the local train from Hanover Park into downtown Chicago takes about 50 minutes.