Steger renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in Steger is about $1,015 per month. This puts it in the 80th percentile compared to the state average cost of rent, which is $1,235. Households in Steger have a median income of $4,289 per month so the average renter in Steger is spending roughly 24% of their earnings on housing.
Nationally, and in Steger, home values are the data point most closely correlated with the cost of rent. The median price of a home in Steger is $107,582 right now, which is lower than nearby cities, meaning that rents in Steger also tend to be lower versus these nearby cities.
Higher rent prices are common in the southwestern parts of Steger while lower rent rates are often available in eastern areas.
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