Can A Welder Afford Rent in Homewood, IL?
Rent-burdened — rent takes 57.8% of gross income.
Homewood rent: June 2026. Salary: BLS OEWS May 2024 (Illinois state estimate).
About rent and a welder salary
Welder pay tracks the US median household income closely. Pipeline and underwater welders earn materially more. At the national-average welder salary, the 30% rule supports about $1,285 a month in rent.
Cheaper rent nearby
These Illinois cities have lower median rent than Homewood, which improves the affordability math on a welder salary:
Compare with full rent data for Homewood
View full rent data for Homewood, IL →Frequently asked questions
Can a welder afford rent in Homewood, IL?
Median rent in Homewood is $2,524 a month. A typical welder in Illinois earns about $52,438 a year, which makes that rent 57.8% of gross monthly income. Under the 30% rule, the answer is no — rent exceeds the 30% threshold.
How much rent can a welder afford in Homewood?
Using the 30% rule, a welder salary in Illinois (~$52,438/yr) supports up to $1,311 a month in rent. Homewood's current median rent is $2,524/mo, which is $1,213/mo over the affordability threshold.
How many hours does a welder work to cover rent in Homewood?
At an hourly equivalent of about $25 an hour, a welder in Illinois works roughly 100.1 hours a month to cover Homewood's median rent of $2,524.
Where is rent cheaper than Homewood for a welder?
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 welder salary.