Homewood, IL rental market
Last updated August 29, 2025
Rental market summary
The average rent for all bedrooms and all property types in Homewood, IL is $2,650.
$2,650
+$465
+$600
25
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $1,500 to $22,410.
| Rent price | Number of rental properties |
|---|---|
| $1,400 | 1 |
| $1,500 | 3 |
| $1,600 | 3 |
| $1,700 | 1 |
| $1,800 | 1 |
| $1,900 | 1 |
| $2,000 | 1 |
| $2,200 | 2 |
| $2,300 | 2 |
| $2,400 | 3 |
| $2,500 | 3 |
| $2,600 | 1 |
| $2,700 | 3 |
| $2,800 | 1 |
| $3,100 | 1 |
| $3,200 | 1 |
| $3,300 | 1 |
| $5,000+ | 6 |
Average rent price over time
In the last year, rent has increased by $600 compared to the previous year.
| Last year (2024) | This year (2025) | |
|---|---|---|
| Jan | $2,400 | $1,795 |
| Feb | $1,850 | $2,000 |
| Mar | $2,000 | $1,795 |
| Apr | $2,000 | $1,850 |
| May | $2,000 | $2,800 |
| Jun | $1,850 | $2,155 |
| Jul | $2,600 | $2,460 |
| Aug | $2,495 | $2,185 |
| Sep | $2,495 | No data |
| Oct | $2,500 | No data |
| Nov | $2,000 | No data |
| Dec | $2,000 | No data |
Market temperature
The Homewood, IL rental market temperature is WARM. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in Homewood, IL is 26% higher than the national average.
$2,650
$2,100
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Frequently asked questions
1. What is the average rent in Homewood, IL?
The average rent in Homewood, IL is $2,650.
2. How much does it cost to rent a house in Homewood, IL?
Houses in Homewood, IL rent between $1,500 - $22,410 with an average rent of $2,650.
3. How has the rent in Homewood, IL changed in the last year?
In the last year, the rent in Homewood, IL increased by $600
4. How much has the rent in Homewood, IL increased/decreased in the last month?
In the last month, the rent in Homewood, IL increased by $465
5. How many available rentals are there in Homewood, IL?
There are currently 25 rentals available in Homewood, IL.
6. How do rent prices in Homewood, IL compare with the national average?
The average rent in Homewood, IL is $2,650 — 26.19% higher the national average of $2,100.