11

Newest Homes for Rent in Homewood, IL

Section Image
  • /2

    $1,600 Per Month

    • 2 Beds
    • 1 Bath
    • Condo for Rent

    909 Elder Rd, Homewood, IL 60430

    Property Id: 1164186 Amazing 2 bedroom, 1 bathroom apartment in Homewood. Amenities include an updated kitchen and bathroom. Washer dryer, and laundry in building. Security Camera on site. Individual storage space is available. Close to shopping centers. Utilities included: Heat and water. Is not pet friendly. Date Available: May 1st, 2023. $1350/month rent. Please submit the form on this

    909 Elder Rd, Homewood, IL 60430
  • /22

    $3,900 Per Month

    • 4 Beds
    • 3.5 Baths
    • 2,700 Sq Ft
    • House for Rent

    3007 Monterey Dr, Flossmoor, IL 60422

    A rare combination of scale, sophistication, and modern functionality, this exceptional 4-bedroom, 3.5-bath residence offers more than 2,700 square feet of thoughtfully designed living space in the highly desirable Flossmoor community. The home's impressive interior is defined by volume, natural light, and distinctive architectural details. Newer windows fill the residence with abundant sunlight,

    Craig Lane RE/MAX Premier

    3007 Monterey Dr, Flossmoor, IL 60422
  • /22

    $2,000 Per Month

    • 2 Beds
    • 1 Bath
    • 831 Sq Ft
    • Condo for Rent

    1952 Ridge Rd Unit 2N, Homewood, IL 60430

    FOR RENT - Enjoy downtown Homewood living in this beautifully updated 2nd-floor condo rental situated above commercial space in a distinctive brick and stone building! This light-filled 2-bedroom, 1-bath condo offers a spacious open floor plan with fresh neutral paint, new flooring, oversized white trim and doors, and updated lighting throughout. The large living area features wonderful western

    Rommi Achterhof Coldwell Banker Realty

    1952 Ridge Rd Unit 2N, Homewood, IL 60430
  • /25

    $3,795 Per Month

    • 4 Beds
    • 2.5 Baths
    • 2,263 Sq Ft
    • House for Rent

    18135 Cherrywood Ln, Homewood, IL 60430

    This two-story home has just come through a complete renovation and is move-in ready. The kitchen is brand new with quartz countertops, stainless steel appliances, and generous cabinet space, opening to a comfortable layout with 2,263 square feet of living area across two levels.All three bathrooms have been updated, including a private bath off the primary bedroom. New luxury vinyl plank

    18135 Cherrywood Ln, Homewood, IL 60430
  • /12

    $2,700 Per Month

    • 3 Beds
    • 2 Baths
    • 1,066 Sq Ft
    • House for Rent

    18504 Riegel Rd, Homewood, IL 60430

    Property Id: 2777078 Welcome to your dream home at 18504 Riegel Rd in Homewood, IL! This charming 3 bedroom, 2 bathroom single family home boasts modern amenities such as a dishwasher, microwave, and fireplace. Enjoy the convenience of a garage, central air/heating, and security cameras. Homewood/Flossmoor SCHOOL DISTRICT. Pets welcome! Rent for $2,700/month, available 8/29/2026. Don't miss

    18504 Riegel Rd, Homewood, IL 60430
  • /11

    $1,900 Per Month

    • 3 Beds
    • 1.5 Baths
    • Condo for Rent

    955 Elder Rd Unit 1N, Homewood, IL 60430

    Property Id: 2764307 Welcome to this 3-bedroom and 1.5 - baths apartment for rent located in Homewood, IL. This beautiful home is located in a quiet neighborhood and a cozy living space. This is recently remodeled, comes with appliances one parking space in the parking lot and street parking. Application requirements: - 2 months most recent Paystubs, 1040 Individual Tax Return,

    955 Elder Rd Unit 1N, Homewood, IL 60430
  • /2

    $1,650 Per Month

    • 1 Bed
    • 1 Bath
    • 670 Sq Ft
    • Condo for Rent

    2051 Ridge Rd Unit 2B, Homewood, IL 60430

    Downtown Homewood - Steps from the Metra! Beautiful two-level condo featuring 1 bedrooms and 1 bath in a prime location. Enjoy being right next door to shopping, restaurants, and transportation. Homewood/ Flossmoor School district. All applicants 18+ must complete a credit check. Minimum credit score 650. Employment history, rental history, and references.

    Danijela Savic Proven Real Estate Services LLC

    2051 Ridge Rd Unit 2B, Homewood, IL 60430
  • /12

    $2,300 Per Month

    • 3 Beds
    • 1.5 Baths
    • 1,158 Sq Ft
    • Apartment for Rent

    2107 171st St Unit 2107, Hazel Crest, IL 60429

    Welcome Home! You'll love this newly rehabbed townhome. 3 bed, 1.5 bath with unfinished basement. Available Now. Schedule a viewing to make this beautiful space your own!

    Johnnessa White Network Property Managment LLC

    2107 171st St Unit 2107, Hazel Crest, IL 60429
  • /2

    $2,800 Per Month

    • 4 Beds
    • 2 Baths
    • 1,500 Sq Ft
    • House for Rent

    18117 Loomis Ave, Homewood, IL 60430

    Property Id: 1235121 One of the best school districts, Homewood Flossmoor, school district 3 bedroom, one bathroom house in Homewood Illinois. ? All section 8 as welcome. Please call me if you’re interested Mrs. McCann. +1 .

    18117 Loomis Ave, Homewood, IL 60430
  • /14

    $2,680 Per Month

    • 3 Beds
    • 2 Baths
    • 1,465 Sq Ft
    • House for Rent

    1808 W 187th St, Homewood, IL 60430

    Lease this home and get more from Invitation Homes professional property management. This home comes fully loaded with quality amenities, must-have services, high-end tech and ProCare® professional maintenance. Your estimated total monthly payment is $2824.90. That covers your base rent, $2680.00 + our required services designed to make your life easier: Air Filter Delivery Fee ($9.95), Internet

    1808 W 187th St, Homewood, IL 60430
  • /19

    $3,099 Per Month

    • 3 Beds
    • 2 Baths
    • 1,858 Sq Ft
    • House for Rent

    1035 W Iowa St, Glenwood, IL 60425

    Lease this home and get more from Invitation Homes professional property management. This home comes fully loaded with quality amenities, must-have services, high-end tech and ProCare® professional maintenance. Your estimated total monthly payment is $3243.90. That covers your base rent, $3099.00 + our required services designed to make your life easier: Air Filter Delivery Fee ($9.95), Internet

    1035 W Iowa St, Glenwood, IL 60425

Frequently Asked Questions

How much does it cost to rent a home in Homewood, IL?
The median rent for a home in Homewood, IL is $2,340 per month, though prices vary by neighborhood, size, and property type. As of August 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 $93,600 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 $2,340 per month in Homewood, IL, renters typically need to show $7,020 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 8.7, 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

Number of Homes for Rent
11
Median Rent
$2,340
Median Single Family Home Rent
$2,700
Median Condo Rent
$1,675
How to Rent a Home