Homewood shares many of the great qualities that make Illinois a desirable place to live.
Illinois is known for its rich cultural heritage, lively urban centers, and beautiful countryside landscapes. Explore the state's cultural heritage by visiting renowned museums such as the Lincoln Presidential Library and Museum, the Field Museum of Natural History, the Museum of Science and Industry, and the Art Institute of Chicago. The state also has a thriving theater and art scene, including the renowned Steppenwolf Theatre Company in Chicago. Illinois is also home to respected universities like the University of Illinois at Urbana-Champaign and Northwestern University.
Outdoor enthusiasts will love the scenic beauty of the Shawnee National Forest and the adventure-filled trails of the Starved Rock State Park. Sports fans will be in their element in Illinois, cheering on the Chicago Bears (NFL), Chicago Blackhawks (NHL), Chicago Cubs (MLB), Chicago White Sox (MLB), and Chicago Bulls (NBA). Experience famous attractions like the Willis Tower, Navy Pier, and the Lincoln Park Zoo. Also, enjoy the musicals and plays at Broadway-in-Chicago, festivals throughout the summer months, and culinary tours of the local restaurants.
With its vibrant cultural scene, exciting entertainment options, and top-notch educational opportunities, Illinois offers a high quality of life, making it a great place to live.
As of July 2025, Homewood's rental market is highly competitive, where rentals lease within days, often attracting multiple applications and above-asking offers. Homewood's average rent is 12.1% ($211) lower than the Illinois average of $1,743 and 13.7% ($243) lower than the U.S. average of $1,775.
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $1,270 | 5% ($60) | 12.2% ($176) |
| 2 Beds | $1,495 | 3.9% ($60) | 19.7% ($367) |
| 3 Beds | $1,731 | 1% ($17) | 17.3% ($362) |
| Nearby Cities | Average Rent | Avg. Rent vs. HomewoodAverage Rent vs. Homewood | Avg. Days on MarketAverage Days on Market |
|---|---|---|---|
| Chicago Heights | $1,119 | 27% ($413) | 24 days |
| Matteson | $2,377 | 55.2% ($845) | 27 days |
| Oak Forest | $2,229 | 45.5% ($697) | 30 days |
| Dolton | $1,380 | 9.9% ($152) | 27 days |
| Lansing | $1,591 | 3.9% ($59) | 29 days |
Explore rental prices, market trends, and availability in Homewood, IL.
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