Bedroom count
Property type
Last updated on June 24, 2026
Average rent in
Homewood, Decatur, IL
Average rent in
Last updated on June 24, 2026
Bedroom count
Property type
Median rent
Median rent in Homewood
$935/mo
The average rent in Homewood is $935 per month as of June 2026. This is 52% below the national average rent, or $1,015 less per month.
average price per square foot
Total rentals
Available rentals in Homewood
21
for rent on Zumper.com as of June 2026
Rent price distribution
Share of Homewood rentals at each price point
Rent trends in Homewood, Decatur, IL
Average rent prices in Homewood have decreased by 5% over the last month.
Rent trends
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
Compare rent prices in
Homewood, Decatur, IL
Rent prices in Homewood vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Homewood is $950, whereas a house costs $895. 1-bedroom apartments in Homewood run $700 on average, while 2-bedroom apartments are $950.
Listings | ||||
|---|---|---|---|---|
Studio | $750 | - | - | |
1 bedroom | $700 | No Change | - | |
2 bedroom | $850 | - | - | |
3 bedroom | $995 | No Change | - | |
4 bedroom | $950 | - | - |
Listings | ||
|---|---|---|
Grant Park | $900 | |
Lakeview | $900 | |
Lincoln Park | $835 | |
Mound Park | $860 | |
South Shores | $865 | |
West End | $950 |
Listings | ||||
|---|---|---|---|---|
Apartments | $950 | - | No Change | |
Houses | $895 |  3% | No Change |
Studio
Average rent
$750
1 bedroom
Average rent
$700
2 bedroom
Average rent
$850
3 bedroom
Average rent
$995
4 bedroom
Average rent
$950
Grant Park
Average rent
$900
Lakeview
Average rent
$900
Lincoln Park
Average rent
$835
Mound Park
Average rent
$860
South Shores
Average rent
$865
West End
Average rent
$950
Apartments
Average rent
$950
Houses
Average rent
$895
Last 30 days
3%
The table above reflects average rent prices in Homewood, Decatur, IL, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.
How does rent in Homewood, Decatur, IL compare to other neighborhoods?
Compare median rent prices in Homewood and Grant Park by all bedroom counts and property types.
Homewood
52%lower than the national median
54%lower than the national median
Takeaway
The median rent for all rentals in Homewood, Decatur, IL is 4% higher than the median rent in Grant Park, Decatur, IL.
Average rent in nearby neighborhoods
Explore rent trends in neighboring markets
21%Stay up to date with rental market insights
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Frequently asked questions for Homewood, Decatur, IL
Quick answers to common questions about the Homewood rental market.
How much is rent in Homewood?
The average rent in Homewood is $935 per month as of June 20, 2026.
Is rent up or down in Homewood?
Average rent prices in Homewood have decreased by 5% over the last month.
How does Homewood rent compare to the national average?
Rent in Homewood is 52% below the national average, which means renters are paying approximately $1,015 less per month.
What salary do I need to afford rent in Homewood?
To comfortably afford rent in Homewood, you'd need to earn approximately $37,000/year, based on spending no more than 30% of your income on rent.
Methodology
Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.
Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).