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 June 2026, the average rent in Homewood, IL is $2,750 per month, which is 41% higher than the national average rent of $1,951 per month.
AVERAGE RENT
$2,750
-1.2%-$33 decrease month-over-month
17.4%$408 increase year-over-year
AVAILABLE RENTALS
18
APARTMENTS
HOUSES
TOWNHOUSES
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $2,250 |
| 3 Bedrooms | $2,750 |
| 4 Bedrooms | $7,000 |
| All | $2,750 |
As of June 2026, the average rent for a 2 bedroom rental in Homewood, IL is $2,250 per month, followed by $2,750 for a 3 bedroom rental, and $7,000 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $1,500 |
| 3 Bedrooms | $8,516 |
| 4 Bedrooms | $18,447 |
| All | $8,477 |
As of June 2026, the average rent for a 2 bedroom apartment in Homewood, IL is $1,500 per month, followed by $8,516 for a 3 bedroom apartment, and $18,447 for a 4 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $2,550 |
| 3 Bedrooms | $2,750 |
| 4 Bedrooms | $2,700 |
| All | $2,750 |
As of June 2026, the average rent for a 2 bedroom house in Homewood, IL is $2,550 per month, followed by $2,750 for a 3 bedroom house, and $2,700 for a 4 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has increased by +31% compared to the previous year, which is a +$670 increase.
This year (2026)
Last year (2025)
Rent distribution
68% of rentals have rent of $2,200-$2,999/month
Rental price range
The price range for rentals is $1,075 to $19,062.
