Can A Paramedic Afford Rent in Homewood, IL?

Rent-burdened — rent takes 55.8% of gross income.

Homewood rent: June 2026. Salary: BLS OEWS May 2024 (Illinois state estimate).

Homewood median rent
$2,524/mo
Paramedic salary (Illinois)
$54,244/yr
Rent as % of income
55.8%
Gross monthly income works out to about $4,520, and the 30% rule supports up to $1,356/mo in rent. Homewood's median rent of $2,524 exceeds that threshold by $1,168/mo, putting a paramedic salary into the rent-burdened range here. A paramedic works roughly 96.8 hours a month to cover that rent.

About rent and a paramedic salary

Paramedic and EMT base pay sits modestly below the US median household income and is often supplemented by overtime. At the national-average paramedic salary, the 30% rule supports about $1,330 a month in rent.

Cheaper rent nearby

These Illinois cities have lower median rent than Homewood, which improves the affordability math on a paramedic salary:

Round Lake, IL
$2,523/mo (55.8% of income)
Bloomingdale, IL
$2,522/mo (55.8% of income)
Glenview, IL
$2,520/mo (55.7% of income)

Compare with full rent data for Homewood

View full rent data for Homewood, IL

Frequently asked questions

Can a paramedic afford rent in Homewood, IL?

Median rent in Homewood is $2,524 a month. A typical paramedic in Illinois earns about $54,244 a year, which makes that rent 55.8% of gross monthly income. Under the 30% rule, the answer is no — rent exceeds the 30% threshold.

How much rent can a paramedic afford in Homewood?

Using the 30% rule, a paramedic salary in Illinois (~$54,244/yr) supports up to $1,356 a month in rent. Homewood's current median rent is $2,524/mo, which is $1,168/mo over the affordability threshold.

How many hours does a paramedic work to cover rent in Homewood?

At an hourly equivalent of about $26 an hour, a paramedic in Illinois works roughly 96.8 hours a month to cover Homewood's median rent of $2,524.

Where is rent cheaper than Homewood for a paramedic?

Nearby Illinois cities with lower median rent include Round Lake ($2,523/mo), Bloomingdale ($2,522/mo), Glenview ($2,520/mo). Each shifts the affordability math materially on a paramedic salary.

Methodology: Salary uses the BLS-derived Illinois state estimate from OEWS May 2024. Rent is the most recent ZORI monthly value for Homewood, IL. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.