Downtown Homewood is a place of commerce with shops big and boutique.
Many people attended and enjoyed the Fall Craft Show in Homewood, IL.
Homewood is a lovely town with well maintained sidewalks for a accessible walking around the neighborhood.
Homewood has a beautiful downtown area where residents go shopping and to restaurants.
The Izaak Walton Preserves in Homewood have lakes, woodlands, and sand dunes.

Homewood, IL Area Guide

Avg Rent

$1,284

Population

19,099

Renter Mix

21% Rent

Delight in this Chicago suburb’s small-town feel

Suburban Commuter Affordable

Homewood, Illinois, is a Cook County village about 22 miles south of Chicago, situated along the historic Calumet Shoreline. The area has a walkable downtown district with independent shops, restaurants, and community events like the Downtown Art and Garden Street Fair, Fall Fest, and weekly farmers markets. If you are searching for apartments for rent in Homewood, you will find a solid range of options, from garden-style communities near local parks to units within easy reach of the downtown corridor. Renters in Homewood can expect a mix of garden-style and low-rise apartment communities spread across a compact six-square-mile area. The downtown stretch along Martin Avenue puts local dining, boutique shopping, and community events within easy walking distance, while national retailers in nearby strip malls cover everyday errands. Outdoors, residents have access to parks, golf courses, and several Cook County forest preserves just a short drive away, including Wampum Lake Woods and Sauk Trail Woods. Getting around is pretty straightforward. The Homewood Metra station on the Electric Line offers direct commuter rail service into downtown Chicago, and a second stop at Calumet Station is close by as well. Drivers can reach Interstate 294 and Interstate 80 without much trouble for trips into the city or around the south suburbs. Prairie State College, South Suburban College, and Governors State University are all within 10 miles, convenient for students and anyone working in higher education. Chicago Midway is about 19 miles out, and O'Hare is roughly a 70-minute drive. With commuter rail access, plenty of local amenities, and an established community feel, Homewood is a strong choice for renters who want suburban living with a direct connection to Chicago.

Explore the City

Homewood is a lovely town with well maintained sidewalks for a accessible walking around the neighborhood.

Homewood has a beautiful downtown area where residents go shopping and to restaurants.

The Izaak Walton Preserves in Homewood have lakes, woodlands, and sand dunes.

Aerial view of 186th place showing its location in relation to the Homewood Neighborhood neighborhood.

Patriots Park in Homewood has a playground with expression swing and a walking path (4/10 mile).

One of Homewood's commercial areas houses a plethora of shopping.

Demographics

Median Household Income

$78,567

Average: $94,431

Education

6,652

Residents Have a Degree

Job Market

9,433

Workers Employed

Age Distribution
Get a sense of this area's population profile.

Median Age

43 Years

Largest Age Group

15-24 Years

Approximately 14% of Residents

Under 20

24%

Over 65

21%

Housing Distribution

Homewood has more homeowners than renters.

Renters
21%
Non-Renters
79%

Education Distribution

Review this city's overall education levels.

Bachelor's or Higher
29%
Other Education
71%

Rent Trends

As of July 2026, the average apartment rent in Homewood, IL is $1,020 for a studio, $1,284 for one bedroom, $1,477 for two bedrooms, and $1,687 for three bedrooms. Apartment rent in Homewood has decreased by -0.1% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$1,284/month
741 Sq Ft
House
$2,362/month
1,033 Sq Ft
See Rental Market Trends in Homewood, IL

Learn More About Homewood

Getting Around

Moderately Walkable

Walkability

60 / 100

Some Public Transit

Transit

40 / 100

Exceptionally Drivable

Drivability

100 / 100

Fairly Bikeable

Bikeability

50 / 100

Schools

Winston Churchill School

Public

Grades K-5

567 Students

Willow School

Public

Grades PK-5

596 Students

Millennium School

Public

Grades 5-6

459 Students

James Hart School

Public

Grades 6-8

678 Students

Points of Interest

Parks and Recreation

  • Wampum Lake Woods
  • Thorton-Lansing Road Nature Preserve
  • Jurgensen Woods North Nature Preserve
  • Sauk Trail Woods Forest Preserve
  • Central Park Wetlands

Airports

  • Chicago Midway International
  • Chicago O'Hare International

Top Apartments in Homewood

Houses for Rent in Homewood

Living in Homewood

History

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Homewood began taking shape in the 1850s as a quiet railroad stop along the Illinois Central line, drawing settlers who valued its proximity to Chicago while maintaining a more residential pace. The arrival of the railroad transformed the area from scattered farms into an organized community, and by 1893, the village was officially incorporated. Many of the historic homes and tree-lined streets you'll see today date back to the early 20th century, when Homewood grew as a commuter suburb with distinctive architecture that gives the town much of its character.

The downtown district still reflects this heritage, with preserved storefronts and the historic Homewood Train Station as reminders of the community's railroad roots. The Homewood Historical Society maintains a collection that showcases local artifacts and photographs, offering residents a window into the area's past. Each summer, the town celebrates Homewood Heritage Days, a festival that honors the community's history with local vendors, entertainment, and activities that bring neighbors together around the stories that shaped the area.

Parks

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Izaak Walton Park stands as one of the community's centerpieces, featuring walking trails, athletic fields, and picnic areas that draw visitors during warmer months. The park hosts seasonal community events and provides space for sports leagues and recreational programs. Ridge Road Park adds to the area's green space with playgrounds, basketball courts, and open areas suitable for casual recreation. The Homewood-Flossmoor Park District oversees numerous facilities and programs, including youth sports, fitness classes, and summer camps that bring neighbors together.

The surrounding south suburban region provides additional outdoor opportunities, with the Thorn Creek Trail System offering miles of paved paths for walking, jogging, and cycling through wooded areas and natural landscapes. Local parks also feature amenities such as baseball diamonds, soccer fields, and tennis courts that accommodate organized sports and individual activities. The park district's programming throughout the year ensures that residents have access to structured recreation and community gatherings.

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Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.