Homewood, IL rental market

What is the average rent in Homewood, IL?

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Last updated June 27, 2026

Rental market summary

The average rent for all bedrooms and all property types in Homewood, IL is $2,700.

Average rent

$2,700

Month-over-month change

-$50

Year-over-year change

+$240

Available rentals

20

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $1,075 to $19,062.

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Rent frequencies
Rent priceNumber of rental properties
$1,0001
$1,7001
$1,9001
$2,0001
$2,2003
$2,3003
$2,4002
$2,5001
$2,6001
$2,7002
$2,8001
$2,9001
$5,000+8

Average rent price over time

In the last year, rent has increased by $240 compared to the previous year.

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Average rent price over time
Last year (2025)This year (2026)
Jan$1,795$2,300
Feb$2,000$2,300
Mar$1,795$2,887
Apr$1,850$2,999
May$2,800$2,930
Jun$2,155$2,825
Jul$2,460No data
Aug$2,185No data
Sep$2,650No data
Oct$2,599No data
Nov$2,300No data
Dec$2,400No data

Market temperature

The Homewood, IL rental market temperature is COOL. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

cool

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Homewood, IL is 34% higher than the national average.

Homewood, ILvs.

$2,700

$2,020

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Frequently asked questions

1. What is the average rent in Homewood, IL?

The average rent in Homewood, IL is $2,700.

2. What is the average rent for a one-bedroom apartment in Homewood, IL?

The average rent for a one-bedroom apartment in Homewood, IL is $1,075 per month.

3. What is the average rent for a two-bedroom apartment in Homewood, IL?

The average rent for a two-bedroom apartment in Homewood, IL is $2,400 per month.

4. What is the average rent for a three-bedroom apartment in Homewood, IL?

The average rent for a three-bedroom apartment in Homewood, IL is $7,700 per month.

5. What is the average rent for a four-bedroom apartment in Homewood, IL?

The average rent for a four-bedroom apartment in Homewood, IL is $1,938 per month.

6. How much does it cost to rent a house in Homewood, IL?

Houses in Homewood, IL rent between $1,075 - $19,062 with an average rent of $2,700.

7. How has the rent in Homewood, IL changed in the last year?

In the last year, the rent in Homewood, IL increased by $240

8. How much has the rent in Homewood, IL increased/decreased in the last month?

In the last month, the rent in Homewood, IL decreased by $50

9. How many available rentals are there in Homewood, IL?

There are currently 20 rentals available in Homewood, IL.

10. How do rent prices in Homewood, IL compare with the national average?

The average rent in Homewood, IL is $2,700 — 33.66% higher the national average of $2,020.

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