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Newest Homes for Rent in Homewood, IL

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  • /2

    $1,650 Per Month

    • 2 Beds
    • 1.5 Baths
    • 670 Sq Ft
    • Condo for Rent

    2051 Ridge Rd Unit 2E, Homewood, IL 60430

    Downtown Homewood - Steps from the Metra! Beautiful two-level condo featuring 2 bedrooms and 1.5 baths 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 2E, Homewood, IL 60430
  • /9

    $1,600 Per Month

    • 2 Beds
    • 1 Bath
    • 1,175 Sq Ft
    • Apartment for Rent

    18213 Morgan St Unit 1N, Homewood, IL 60430

    Move right into this bright, freshly updated first-floor apartment in a well-kept Homewood four unit. Freshly painted throughout with gleaming dark wood-style flooring, this 2 bedroom, 1 bath unit offers a spacious living room with large windows, a separate dining area, and an updated kitchen, tile backsplash, gas range, and ample cabinet space. Both bedrooms are generously sized with ceiling

    Nina Kendrick Luxe Living Realty, Inc

    18213 Morgan St Unit 1N, Homewood, IL 60430
  • /11

    $1,400

    Total Monthly Price

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

    1936 Hickory Rd Unit 2 north, Homewood, IL 60430

    Property in the heart of downtown Homewood, Illinois ,Five minute, walk to Metra Station

    1936 Hickory Rd Unit 2 north, Homewood, IL 60430
  • /26

    $2,500 Per Month

    • 2 Beds
    • 1 Bath
    • 1,128 Sq Ft
    • House for Rent

    2055 Magnolia Rd, Homewood, IL 60430

    Introducing a Beautifully Renovated Ranch Home with 2 bedrooms and 1 bath, located in the desirable Governors Park neighborhood, with garage and long side-drive. This property features a spacious living area and an additional family room, which can easily serve as an office, playroom, or even a third bedroom. The modern kitchen is equipped with 2-year-old Samsung Stainless Steel Appliances and

    Agent Photo

    Krystyna Soprych

    RE/MAX 10 in the Park

    2055 Magnolia Rd, Homewood, IL 60430
  • /17

    $2,300 Per Month

    • 3 Beds
    • 1 Bath
    • 1,174 Sq Ft
    • House for Rent

    17561 Hillside Ave, Homewood, IL 60430

    Beware: We do not advertise properties on Craigslist, Facebook Marketplace, or other classified advertising websites. If you believe one of our properties is listed there, please notify us immediately. Gorgeous 3-bedroom, 1-bathroom apartment in Homewood. This property offers 1,174 square feet of living space. You will simply love it. Fantastic location close to all types of amenities! Make this

    Gino Picciola Chase Real Estate LLC

    17561 Hillside Ave, 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
  • /12

    $2,350 Per Month

    • 3 Beds
    • 1.5 Baths
    • 1,159 Sq Ft
    • Townhouse for Rent

    2173 171st St, Hazel Crest, IL 60429

    Completely rehabbed Township 3 bedrooms 1.5 baths, stainless Steel appliances( Stove, refrigerator and dishwasher. Finished Basement with laundry hook up. Section 8 Welcome 3 bedroom voucher required.

    Willie Jones Associate Brokers, Inc.

    2173 171st St, Hazel Crest, IL 60429
  • /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
  • /24

    $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

    18101 Marlin Ln Unit SI ID1285717P, Homewood, IL 60430

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 $2,300 per month, though prices vary by neighborhood, size, and property type. As of July 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 $92,000 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 $2,300 per month in Homewood, IL, renters typically need to show $6,900 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 9.1, 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 Homewood, IL are best for renting a home?
The best neighborhood for renting in Homewood, IL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Country Club, Beacon Hill, Hungry Hill and Old Matteson, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
9
Median Rent
$2,300
Median Single Family Home Rent
$2,615
Median Condo Rent
$1,675
How to Rent a Home