Median Age
43 Years
Largest Age Group
15-24 Years
Approximately 14% of Residents
Under 20
24%
Over 65
21%
Area Guide
Avg Rent
$1,278
Population
19,099
Renter Mix
21% Rent
Situated in Cook County, Homewood is a vibrant suburb located about 22 miles southwest of Chicago. Homewood contains a close-knit community brought together by a broad range of events, including the Downtown Art and Garden Street Fair, Fall Fest, and weekly farmers markets.
National retailers in strip malls and independent stores in the walkable downtown area provide a variety of shopping opportunities in Homewood. Enjoying the outdoors is a staple of Homewood life, with plenty of parks, gardens, golf courses, and country clubs in town. Convenient access to I-294, I-80, Amtrak, and the Metra makes getting around from Homewood simple.
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.
Median Household Income
$78,567
Average: $94,431
Education
6,652
Residents Have a Degree
Job Market
9,433
Workers Employed
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.
Education Distribution
Review this city's overall education levels.
As of June 2026, the average apartment rent in Homewood, IL is $1,015 for a studio, $1,278 for one bedroom, $1,471 for two bedrooms, and $1,675 for three bedrooms. Apartment rent in Homewood has decreased by -1.1% in the past year.
Explore how walkable, bikeable, drivable, and transit-friendly Homewood, IL is for everyday living.
Moderately Walkable
Walkability
Some Public Transit
Transit
Exceptionally Drivable
Drivability
Fairly Bikeable
Bikeability
Public
Grades K-5
567 Students
Public
Grades PK-5
596 Students
Public
Grades 5-6
459 Students
Public
Grades 6-8
678 Students
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
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© 2026. All rights reserved.
† 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.