$2,700 Per Month
- 2 Beds
- 2.5 Baths
- 1,517 Sq Ft
- Townhouse for Rent
16846 S Mallard Ln, Homer Glen, IL 60441
16846 S Mallard Ln, Homer Glen, IL 60441
Frequently Asked Questions
How much does it cost to rent a home in Homer Glen, IL?
The median rent for a home in Homer Glen, IL is $2,900 per month, though prices vary by neighborhood, size, and property type. As of August 2026, townhouses tend to be the most affordable option while single-family homes and condos are currently more expensive.
How much do you need to make to afford rent in Homer Glen, IL?
To comfortably afford the median rent in Homer Glen, IL, a household needs to earn roughly $116,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,900 per month in Homer Glen, IL, renters typically need to show $8,700 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Homer Glen, IL?
In Homer Glen, IL, the price-to-rent ratio is 14.3, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Homer Glen, IL are best for renting a home?
The best neighborhood for renting in Homer Glen, IL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Southeast Lemont, Central Orland, Downtown Orland Park, Silver Lake South and Centennial Park, each with its own character and price range.
