3-Bedroom Apartment Rent in Homewood, IL
Median asking rent for a 3-bedroom apartment in Homewood, Illinois as of October 2026. That's +11% higher than the citywide median of $1,969 and +2% above the national 3-bedroom median of $2,130.
Income needed for a 3-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 3-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 3-bedroom in Illinois
| # | City | 3-Bedroom rent |
|---|---|---|
| 1 | Carbondale | $842 |
| 2 | Pekin | $1,190 |
| 3 | Dixon | $1,210 |
| 4 | East Peoria | $1,220 |
| 5 | Charleston | $1,230 |
| 6 | Danville | $1,230 |
| 7 | Quincy | $1,230 |
| 8 | Swansea | $1,243 |
| 9 | Peoria Heights | $1,270 |
| 10 | Rantoul | $1,270 |
| 11 | Rock Island | $1,290 |
| 12 | Decatur | $1,310 |
| 13 | Savoy | $1,310 |
| 14 | Moline | $1,320 |
| 15 | Peoria | $1,340 |
Most expensive cities for a 3-bedroom in Illinois
| # | City | 3-Bedroom rent |
|---|---|---|
| 1 | Morton Grove | $3,390 |
| 2 | Lake Forest | $3,390 |
| 3 | Deerfield | $3,390 |
| 4 | Wilmette | $3,250 |
| 5 | Buffalo Grove | $3,250 |
| 6 | Highland Park | $3,200 |
| 7 | Plainfield | $3,165 |
| 8 | Naperville | $3,068 |
| 9 | Vernon Hills | $3,060 |
| 10 | Streamwood | $3,060 |
| 11 | Northbrook | $3,040 |
| 12 | Bolingbrook | $2,985 |
| 13 | Romeoville | $2,970 |
| 14 | Elmhurst | $2,970 |
| 15 | Geneva | $2,950 |
Nearby cities — 3-bedroom rent
Considering nearby alternatives? 5 of these cities have cheaper 3-bedroom rents than Homewood.
| City | Distance | 3-Bedroom rent | vs Homewood |
|---|---|---|---|
| Park Forest, IL | 5.7 mi | $2,360 | +$180 (+8%) |
| Chicago Heights, IL | 6.2 mi | $1,810 | $-370 (-17%) |
| Dolton, IL | 6.6 mi | $2,480 | +$300 (+14%) |
| Riverdale, IL | 6.6 mi | $1,850 | $-330 (-15%) |
| Blue Island, IL | 6.7 mi | $1,720 | $-460 (-21%) |
| Lansing, IL | 7.9 mi | $1,970 | $-210 (-10%) |
| Calumet City, IL | 8.6 mi | $1,840 | $-340 (-16%) |
| Alsip, IL | 9.4 mi | $1,790 | $-390 (-18%) |
| Evergreen Park, IL | 11.6 mi | $2,080 | $-100 (-5%) |
| Oak Lawn, IL | 12.3 mi | $2,090 | $-90 (-4%) |
| Worth, IL | 12.4 mi | $1,910 | $-270 (-12%) |
| Orland Park, IL | 12.5 mi | $2,310 | +$130 (+6%) |
3-Bedroom rent in Homewood — common questions
How much is a 3-bedroom apartment in Homewood?
As of October 2026, the median 3-bedroom apartment rent in Homewood, Illinois is $2,180 per month. This is +11% higher than the citywide median of $1,969.
What income do you need to afford a 3-bedroom in Homewood?
Using the standard 30% rent-to-income rule, you would need an annual income of about $87,200 ($7,267/month gross), which works out to roughly $41.92/hour at a full-time job.
Is Homewood expensive for a 3-bedroom compared to the rest of the US?
Homewood's 3-bedroom median of $2,180 is +2% above the national 3-bedroom median of $2,130. It ranks in the 52th percentile of US cities tracked.
How does Homewood rank for 3-bedroom rent in Illinois?
Among the 137 cities in Illinois with 3-bedroom data, Homewood ranks #69 from cheapest to most expensive.
Are there cheaper 3-bedroom options near Homewood?
Yes — nearby cities with cheaper 3-bedroom rents include Chicago Heights ($1,810), Riverdale ($1,850), Blue Island ($1,720).