
Cheap Homes for Rent in Homewood, IL from $900 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Homewood.


75 W 15th St

163 22nd St

2940 Bernice Ave

1700 Euclid Ave

18249 Ravisloe Terrace

2506 Ash St
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

256 Plymouth Dr

915 Elder Rd

212 Williams St

14733 S Edbrooke Ave

44 N Glenwood Ave

14543 Cooper Ave

14517 Oakley Ave
Chicago's Best Affordable Neighborhoods
Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms
Homewood, IL Local Guide

How much does it cost to rent a home in Homewood?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Homewood 2 Bedroom Homes for Rent | $1,670 | $1,200 | $2,500 |
Homewood 3 Bedroom Homes for Rent | $2,173 | $1,200 | $2,700 |
Homewood 4 Bedroom Homes for Rent | $2,834 | $1,650 | $3,200 |
Homewood 5 Bedroom Homes for Rent | $3,268 | $2,300 | $3,800 |
Homewood 6 Bedroom Homes for Rent | $3,750 | $3,750 | $3,750 |
Browse Top Homes for Rent in Homewood
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Homewood, IL Local Guide
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Cheapest Available Homewood Apartments for Rent
 Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Hartford | 1X1 | 1BR,1BA | $1,900 |
Best Value Apartments for Rent in Homewood, IL
As of April 17, 2025 the best value apartment in the Homewood area is the $3.26 price per square foot 1511 172nd St Model at 1511 172nd St, Unit 2nd floor rear in the in the Stonebridge neighborhood starting from $2,500. The second greatest value Homewood apartment is the 1X1 Model at The Hartford starting at $1,900 with a $2.92 price per square foot in the Stonebridge neighborhood. Here is today’s list of the best values for Homewood apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
1511 172nd St, Unit 2nd floor rear | 1511 172nd St | 1BR,1BA | $3.26 |
The Hartford | 1X1 | 1BR,1BA | $2.92 |
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Frequently Asked Questions about Homewood
What type of rentals are currently available in Homewood?
There are currently 72 Apartments for Rent in Homewood, IL with pricing that ranges from $995 to $3,699. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Homewood ranging from $900 to $3,800.
What is the current price range for Rental Homes in Homewood?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Homewood ranges from $900 to $3,800 with an average monthly rent of $2,302.
How much are larger Three and Four Bedroom Rentals in Homewood?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Homewood range from $1,388 to $1,388, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $2,700. Four Bedroom Single-Family rentals are also available starting from $1,650 and Four Bedroom Apartments start at $3,699.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago
Written by: Nicole Harms
I’m Nicole, your ApartmentHomeLiving.com Local Expert for Chicago, IL. As a resident of the Chicago area for over 20 years, I’ve learned which neighborhoods are great and which are best avoided.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.