Bedroom count
Property type
Last updated on October 30, 2026
Average rent in
Homewood, IL
Average rent in
Last updated on October 30, 2026
Bedroom count
Property type
Median rent
Median rent in Homewood
$2,335/mo
30%vs previous year
The average rent in Homewood is $2,335 per month as of October 2026. This is 23% above the national average rent, or $435 more per month.
average price per square foot
Total rentals
Available rentals in Homewood
20
for rent on Zumper.com as of October 2026
Rent price distribution
Share of Homewood rentals at each price point
Rent trends in Homewood, IL
Average rent prices in Homewood have decreased by 13% over the last month and have increased by 30% since last year.
Rent trends
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
Compare rent prices in
Homewood, IL
Rent prices in Homewood vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Homewood is $1,500, whereas a house costs $2,500. 1-bedroom apartments in Homewood run $1,277 on average, while 2-bedroom apartments are $1,450.
Listings | ||||
|---|---|---|---|---|
Studio | $875 | No Change |  30% | |
1 bedroom | $1,280 | No Change | 9% | |
2 bedroom | $1,600 | 3% | No Change | |
3 bedroom | $2,350 | 4% | 2% | |
4 bedroom | $2,950 | 1% | 48% |
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in Homewood, IL.
Listings | ||||
|---|---|---|---|---|
Apartments | $1,500 | 5% | 4% | |
Condos | $1,950 | No Change | 11% | |
Houses | $2,500 | 8% | 10% |
Studio
Average rent
$875
Last year
30%
1 bedroom
Average rent
$1,280
Last year
9%
2 bedroom
Average rent
$1,600
Last 30 days
3%
3 bedroom
Average rent
$2,350
Last 30 days
4%
Last year
2%
4 bedroom
Average rent
$2,950
Last 30 days
1%
Last year
48%
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in Homewood, IL.
Apartments
Average rent
$1,500
Last 30 days
5%
Last year
4%
Condos
Average rent
$1,950
Last year
11%
Houses
Average rent
$2,500
Last 30 days
8%
Last year
10%
The table above reflects average rent prices in Homewood, 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, IL compare to other cities?
Compare median rent prices in Homewood and Chicago Heights by all bedroom counts and property types.
Homewood
23%higher than the national median
11%lower than the national median
Takeaway
The median rent for all rentals in Homewood, IL is 37% higher than the median rent in Chicago Heights, IL.
Average rent in nearby cities
Explore rent trends in neighboring markets
$1,700
3%$2,393
11%$1,620
$1,800
16%$2,350
6%$1,650
10%$2,350
18%$1,700
13%$2,100
23%$1,900
$1,162
9%$1,600
Discover rentals in Homewood, IL
5d+ ago
Apartment for rent in Homewood
909 Elder Rd, Homewood, IL 60430
2 beds
1 bath
$1,650
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
Available Oct 15
1d ago
Verified
3 beds
1 bath
$2,226
Price dropped $375Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.House for rent
Available Oct 28
5d+ ago
House for rent in Homewood
18549 Dundee Ave, Homewood, IL 60430
3 beds
2 baths
$2,395
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.House for rent
5d+ ago
House for rent in Homewood
17636 Dixie Hwy, Homewood, IL 60430
2 beds
1 bath
$2,900
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.House for rent
10h ago
18019 Dixie Hwy, Homewood, IL 60430
Studio–2 beds
1–2 baths
$1,250–$1,650
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
5d+ ago
House for rent in Homewood
2 beds
1 bath
$2,150
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.House for rent
Available Oct 12
1d ago
Verified
3 beds
1 bath
$2,226
Price dropped $375Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.House for rent
Available Oct 28
5d+ ago
Verified
3 beds
1 bath
$2,876
Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.House for rent
Available Oct 30
5d+ ago
House for rent in Homewood
2 beds
1 bath
$2,150
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.House for rent
Available Oct 12
5d+ ago
House for rent in Homewood
17636 Dixie Hwy, Homewood, IL 60430
2 beds
1 bath
$2,900
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.House for rent
1d ago
Verified
3 beds
1 bath
$2,226
Price dropped $375Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.House for rent
Available Oct 28
10h ago
18019 Dixie Hwy, Homewood, IL 60430
2 beds
1 bath
$1,650
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
5d+ ago
Apartment for rent in Homewood
909 Elder Rd, Homewood, IL 60430
2 beds
1 bath
$1,650
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
Available Oct 15
5d+ ago
House for rent in Homewood
18549 Dundee Ave, Homewood, IL 60430
3 beds
2 baths
$2,395
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.House for rent
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Frequently asked questions for Homewood, IL
Quick answers to common questions about the Homewood rental market.
How much is rent in Homewood?
The average rent in Homewood is $2,335 per month as of October 24, 2026.
Is rent up or down in Homewood?
Average rent prices in Homewood have decreased by 13% over the last month and have increased by 30% since last year.
How does Homewood rent compare to the national average?
Rent in Homewood is 23% above the national average, which means renters are paying approximately $435 more per month.
What salary do I need to afford rent in Homewood?
To comfortably afford rent in Homewood, you'd need to earn approximately $93,000/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).