4

Homewood, IL Condos for Rent

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  • /20

    $14,801

    Total Monthly Price

    • 5 Beds
    • 2.5 Baths
    • Condo for Rent

    18101 Marlin Ln Unit SI ID1285717P, Homewood, IL 60430

    The advertised rate of $14,801/month is the lowest available price, based on a 30 day(s) stay with a move-in date of August 5, 2026.Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be

    (708) 316-4622

    18101 Marlin Ln Unit SI ID1285717P, Homewood, IL 60430
  • /20

    $23,789

    Total Monthly Price

    • 4 Beds
    • 2.5 Baths
    • Condo for Rent

    514 N Arizona Ave Unit SI ID1306540P, Glenwood, IL 60425

    The advertised rate of $23,789/month is the lowest available price, based on a 30 day(s) stay with a move-in date of May 17, 2026.Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be

    (464) 888-5124

    514 N Arizona Ave Unit SI ID1306540P, Glenwood, IL 60425
  • /9

    $2,250

    Total Monthly Price

    • 3 Beds
    • 2 Baths
    • 1,100 Sq Ft
    • Condo for Rent

    17828 Park Ave Unit 2, Homewood, IL 60430

    Well-maintained brick building in Ravisloe area of Homewood, a quiet neighborhood of tree-lined, single-family homes facing a golf course. Close to Aurelio's, Metra, Homewood Public Library, and downtown. Homewood-Flossmoor school districts 153 / 233.

    17828 Park Ave Unit 2, Homewood, IL 60430
  • /2

    $1,250 Per Month

    • 1 Bed
    • 1 Bath
    • 1949 hickory-2E

    1949 Hickory Rd Unit 2E, Homewood, IL 60430

    Recently refreshed one-bedroom apartment in the heart of downtown Homewood. This second-floor unit sits above quiet commercial space, offering a private and peaceful setting. Features include new kitchen flooring, well-maintained hardwood floors throughout, and fresh neutral paint. The layout includes a comfortable living area, separate bedroom, and functional kitchen with space for a small

    1949 Hickory Rd Unit 2E, Homewood, IL 60430

Frequently Asked Questions

How much does it cost to rent a condo in Homewood, IL?
The median rent for a condo in Homewood, IL is $1,675 per month, though prices vary by neighborhood, size, and property type. As of May 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Homewood, IL?
To comfortably afford the median rent in Homewood, IL, a household needs to earn roughly $113,800 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 $2,845 per month in Homewood, IL, renters typically need to show $8,535 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 Homewood, IL?
In Homewood, IL, the price-to-rent ratio is 7.3, 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.

Rental Home Trends in Homewood, IL

Rental Home Trends

Number of Condos for Rent
4
Median Condo Rent
$1,675
Median 1 Bedroom Condo Rent
$1,500
Median 2 Bedroom Condo Rent
$1,688
Median 3 Bedroom Condo Rent
$2,250
How to Rent a Home