4+ Bedroom Apartment Rent in Homewood, IL
Median asking rent for a 4+ bedroom apartment in Homewood, Illinois as of July 2026. That's +1% higher than the citywide median of $2,524 and +2% above the national 4+ bedroom median of $2,520.
Income needed for a 4+ 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 4+ 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 4+ bedroom in Illinois
| # | City | 4+ Bedroom rent |
|---|---|---|
| 1 | Rantoul | $1,011 |
| 2 | Pekin | $1,250 |
| 3 | Quincy | $1,290 |
| 4 | Dixon | $1,300 |
| 5 | Charleston | $1,320 |
| 6 | Savoy | $1,340 |
| 7 | Danville | $1,360 |
| 8 | Urbana | $1,380 |
| 9 | Normal | $1,390 |
| 10 | Peoria | $1,407 |
| 11 | Carbondale | $1,410 |
| 12 | Washington | $1,430 |
| 13 | Bloomington | $1,450 |
| 14 | Macomb | $1,450 |
| 15 | Kankakee | $1,510 |
Most expensive cities for a 4+ bedroom in Illinois
| # | City | 4+ Bedroom rent |
|---|---|---|
| 1 | Morton Grove | $3,980 |
| 2 | Lake Forest | $3,980 |
| 3 | Deerfield | $3,980 |
| 4 | Barrington | $3,980 |
| 5 | Wilmette | $3,820 |
| 6 | Buffalo Grove | $3,820 |
| 7 | Highland Park | $3,760 |
| 8 | Plainfield | $3,685 |
| 9 | Naperville | $3,600 |
| 10 | Vernon Hills | $3,590 |
| 11 | Streamwood | $3,590 |
| 12 | Northbrook | $3,580 |
| 13 | Bartlett | $3,530 |
| 14 | Bolingbrook | $3,505 |
| 15 | Romeoville | $3,490 |
Nearby cities — 4+ bedroom rent
Considering nearby alternatives? 5 of these cities have cheaper 4+ bedroom rents than Homewood.
| City | Distance | 4+ Bedroom rent | vs Homewood |
|---|---|---|---|
| Park Forest, IL | 5.7 mi | $2,780 | +$220 (+9%) |
| Dolton, IL | 6.6 mi | $2,910 | +$350 (+14%) |
| Riverdale, IL | 6.6 mi | $2,170 | $-390 (-15%) |
| Blue Island, IL | 6.7 mi | $2,020 | $-540 (-21%) |
| Midlothian, IL | 7.2 mi | $2,220 | $-340 (-13%) |
| Lansing, IL | 7.9 mi | $2,310 | $-250 (-10%) |
| Calumet City, IL | 8.6 mi | $2,160 | $-400 (-16%) |
| Alsip, IL | 9.4 mi | $2,100 | $-460 (-18%) |
| Munster, IN | 11.1 mi | $1,920 | $-640 (-25%) |
| Evergreen Park, IL | 11.6 mi | $2,440 | $-120 (-5%) |
| Oak Lawn, IL | 12.3 mi | $2,460 | $-100 (-4%) |
| Orland Park, IL | 12.5 mi | $2,720 | +$160 (+6%) |
4+ Bedroom rent in Homewood — common questions
How much is a 4+ bedroom apartment in Homewood?
As of July 2026, the median 4+ bedroom apartment rent in Homewood, Illinois is $2,560 per month. This is +1% higher than the citywide median of $2,524.
What income do you need to afford a 4+ bedroom in Homewood?
Using the standard 30% rent-to-income rule, you would need an annual income of about $102,400 ($8,533/month gross), which works out to roughly $49.23/hour at a full-time job.
Is Homewood expensive for a 4+ bedroom compared to the rest of the US?
Homewood's 4+ bedroom median of $2,560 is +2% above the national 4+ bedroom median of $2,520. It ranks in the 52th percentile of US cities tracked.
How does Homewood rank for 4+ bedroom rent in Illinois?
Among the 139 cities in Illinois with 4+ bedroom data, Homewood ranks #71 from cheapest to most expensive.
Are there cheaper 4+ bedroom options near Homewood?
Yes — nearby cities with cheaper 4+ bedroom rents include Riverdale ($2,170), Blue Island ($2,020), Midlothian ($2,220).