Cheap Apartments for Rent in Homewood, IL
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Apartments For Rent Near Homewood, IL
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Average Rent Trends in Homewood, IL
Rent in Homewood, IL varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in May 2026 compared to the previous month. Rent previously peaked in May 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $2,155 |
| Jul 2025 | $2,460 |
| Aug 2025 | $2,185 |
| Sep 2025 | $2,650 |
| Oct 2025 | $2,599 |
| Nov 2025 | $2,300 |
| Dec 2025 | $2,400 |
| Jan 2026 | $2,300 |
| Feb 2026 | $2,300 |
| Mar 2026 | $2,887 |
| Apr 2026 | $2,999 |
| May 2026 | $2,930 |
Average Rent By Bedroom and Home Type
In May 2026, Apartments and Condos were the most affordable home type to rent compared with Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,250 | $1,800 | $2,900 | $3,250 | $2,900 |
| Apartments and Condos | $1,250 | $1,725 | $10,049 | $18,857 | $1,800 |
| Houses | — | — | $2,895 | $3,228 | $2,900 |
Frequently Asked Questions about Rentals in Homewood, IL
- What is the average rent in Homewood, IL?The average rent in Homewood, IL is $2,900. Rent prices range from $1,250 to as much as $19,062, depending on the type of rental.
- How does the rent in Homewood, IL compare to the national average?Average rent in Homewood, IL is about 52% higher than the national average rent of $1,910. That means it is more expensive to rent in Homewood compared to the U.S. average.
- What is the average rent in Homewood, IL, by number of bedrooms?The average rent in Homewood, IL is $ for a studio, $1,250 for a 1 bedroom, $1,800 for a 2 bedroom, $2,900 for a 3 bedroom, and $3,250 for a 4 bedroom.
- How have rent prices in Homewood, IL changed compared to last year?In the past year, the average rent price in Homewood, IL has increased by $300. That means the average rent is 10% higher than last year.
- How many available rental listings are in Homewood, IL?There are 19 available rental listings in Homewood, IL.
- What are some zip codes in Homewood, IL?Homewood, IL includes zip codes such as: 60430.
- What are some cities near Homewood, IL?Some nearby cities include: East Hazel Crest, Flossmoor, Hazel Crest, Glenwood, Olympia Fields. These cities may have more rental options to explore.