What's the average rent in Homewood, IL?
Rental Market Trends in Homewood, IL
Choose another city
SOURCE: TRULIA DATA
Rental market highlights
As of August 2026, the average rent in Homewood, IL is $2,400 per month, which is 22% higher than the national average rent of $1,965 per month.
AVERAGE RENT
$2,400
-11.1%-$300 decrease month-over-month
9.1%$200 increase year-over-year
AVAILABLE RENTALS
15
APARTMENTS
HOUSES
TOWNHOUSES
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $2,100 |
| 2 Bedrooms | $2,250 |
| 3 Bedrooms | $2,680 |
| 4 Bedrooms | $2,650 |
| All | $2,400 |
As of August 2026, the average rent for a 1 bedroom rental in Homewood, IL is $2,100 per month, followed by $2,250 for a 2 bedroom rental, $2,680 for a 3 bedroom rental, and $2,650 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $1,895 |
| 3 Bedrooms | $2,000 |
| 4 Bedrooms | — |
| All | $1,895 |
As of August 2026, the average rent for a 2 bedroom apartment in Homewood, IL is $1,895 per month, followed by $2,000 for a 3 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $2,550 |
| 3 Bedrooms | $2,680 |
| 4 Bedrooms | $2,650 |
| All | $2,650 |
As of August 2026, the average rent for a 2 bedroom house in Homewood, IL is $2,550 per month, followed by $2,680 for a 3 bedroom house, and $2,650 for a 4 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has increased by +21% compared to the previous year, which is a +$465 increase.
This year (2026)
Last year (2025)
Rent distribution
41% of rentals have rent of $2,200-$2,999/month
Rental price range
The price range for rentals is $1,485 to $18,634.
