What's the average rent in Homewood, IL?
Rental Market Trends in Homewood, IL
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SOURCE: TRULIA DATA
Rental market highlights
As of May 2026, the average rent in Homewood, IL is $2,930 per month, which is 53% higher than the national average rent of $1,910 per month.
AVERAGE RENT
$2,930
-2.3%-$70 decrease month-over-month
1.0%$30 increase year-over-year
AVAILABLE RENTALS
21
APARTMENTS
HOUSES
TOWNHOUSES
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,250 |
| 2 Bedrooms | $1,800 |
| 3 Bedrooms | $2,900 |
| 4 Bedrooms | $3,250 |
| All | $2,900 |
As of May 2026, the average rent for a 1 bedroom rental in Homewood, IL is $1,250 per month, followed by $1,800 for a 2 bedroom rental, $2,900 for a 3 bedroom rental, and $3,250 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,250 |
| 2 Bedrooms | $1,725 |
| 3 Bedrooms | $10,049 |
| 4 Bedrooms | $18,857 |
| All | $1,800 |
As of May 2026, the average rent for a 1 bedroom apartment in Homewood, IL is $1,250 per month, followed by $1,725 for a 2 bedroom apartment, $10,049 for a 3 bedroom apartment, and $18,857 for a 4 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | — |
| 3 Bedrooms | $2,895 |
| 4 Bedrooms | $3,228 |
| All | $2,900 |
As of May 2026, the average rent for a 3 bedroom house in Homewood, IL is $2,895 per month, followed by $3,228 for a 4 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has increased by +5% compared to the previous year, which is a +$130 increase.
This year (2026)
Last year (2025)
Rent distribution
46% of rentals have rent of $2,200-$2,999/month
Rental price range
The price range for rentals is $1,250 to $19,062.
