1-Bedroom Apartment Rent in Homewood, IL
Median asking rent for a 1-bedroom apartment in Homewood, Illinois as of October 2026. That's +23% lower than the citywide median of $1,969 and +8% above the national 1-bedroom median of $1,395.
Income needed for a 1-bedroom in Homewood
Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a 1-bedroom at the current median rent.
Rent by apartment size in Homewood
Compare Homewood's median rent across every apartment size.
Cheapest cities for a 1-bedroom in Illinois
| # | City | 1-Bedroom rent |
|---|---|---|
| 1 | Carbondale | $511 |
| 2 | Round Lake Beach | $650 |
| 3 | Charleston | $720 |
| 4 | Pekin | $720 |
| 5 | Quincy | $730 |
| 6 | East Peoria | $740 |
| 7 | Danville | $770 |
| 8 | Dixon | $770 |
| 9 | Peoria Heights | $770 |
| 10 | Marion | $780 |
| 11 | Normal | $790 |
| 12 | Decatur | $800 |
| 13 | Rock Island | $800 |
| 14 | Peoria | $813 |
| 15 | Moline | $820 |
Most expensive cities for a 1-bedroom in Illinois
| # | City | 1-Bedroom rent |
|---|---|---|
| 1 | Morton Grove | $2,340 |
| 2 | Lake Forest | $2,340 |
| 3 | Deerfield | $2,340 |
| 4 | Wilmette | $2,240 |
| 5 | Buffalo Grove | $2,240 |
| 6 | Highland Park | $2,210 |
| 7 | Plainfield | $2,155 |
| 8 | Naperville | $2,113 |
| 9 | Vernon Hills | $2,110 |
| 10 | Streamwood | $2,110 |
| 11 | Northbrook | $2,100 |
| 12 | Bolingbrook | $2,060 |
| 13 | Romeoville | $2,050 |
| 14 | Elmhurst | $2,050 |
| 15 | Geneva | $2,040 |
Nearby cities — 1-bedroom rent
Considering nearby alternatives? 5 of these cities have cheaper 1-bedroom rents than Homewood.
| City | Distance | 1-Bedroom rent | vs Homewood |
|---|---|---|---|
| Park Forest, IL | 5.7 mi | $1,630 | +$120 (+8%) |
| Chicago Heights, IL | 6.2 mi | $1,250 | $-260 (-17%) |
| Dolton, IL | 6.6 mi | $1,710 | +$200 (+13%) |
| Riverdale, IL | 6.6 mi | $1,280 | $-230 (-15%) |
| Blue Island, IL | 6.7 mi | $1,190 | $-320 (-21%) |
| Lansing, IL | 7.9 mi | $1,360 | $-150 (-10%) |
| Calumet City, IL | 8.6 mi | $1,270 | $-240 (-16%) |
| Alsip, IL | 9.4 mi | $1,230 | $-280 (-19%) |
| Evergreen Park, IL | 11.6 mi | $1,430 | $-80 (-5%) |
| Oak Lawn, IL | 12.3 mi | $1,440 | $-70 (-5%) |
| Worth, IL | 12.4 mi | $1,320 | $-190 (-13%) |
| Orland Park, IL | 12.5 mi | $1,590 | +$80 (+5%) |
1-Bedroom rent in Homewood — common questions
How much is a 1-bedroom apartment in Homewood?
As of October 2026, the median 1-bedroom apartment rent in Homewood, Illinois is $1,510 per month. This is +23% below the citywide median of $1,969.
What income do you need to afford a 1-bedroom in Homewood?
Using the standard 30% rent-to-income rule, you would need an annual income of about $60,400 ($5,033/month gross), which works out to roughly $29.04/hour at a full-time job.
Is Homewood expensive for a 1-bedroom compared to the rest of the US?
Homewood's 1-bedroom median of $1,510 is +8% above the national 1-bedroom median of $1,395. It ranks in the 58th percentile of US cities tracked.
How does Homewood rank for 1-bedroom rent in Illinois?
Among the 137 cities in Illinois with 1-bedroom data, Homewood ranks #72 from cheapest to most expensive.
Are there cheaper 1-bedroom options near Homewood?
Yes — nearby cities with cheaper 1-bedroom rents include Chicago Heights ($1,250), Riverdale ($1,280), Blue Island ($1,190).