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Rent by ZIP · Cook County

Rent in Homewood, IL 60430

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,960 (+12% vs FY2026). Renters in this ZIP code pay a median $1,340 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$1,640$1,450+13.1%$1,476–1,804–
1 bedroom$1,730$1,550+11.6%$1,557–1,903$1,057 ±$59
2 bedrooms$1,960$1,750+12%$1,764–2,156$1,177 ±$60
3 bedrooms$2,520$2,250+12%$2,268–2,772$2,433 ±$372
4 bedrooms$2,880$2,610+10.3%$2,592–3,168$1,381 ±$308

Small Area FMRs for the Chicago-Joliet-Naperville, IL HUD Metro FMR Area. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.

Area-wide FMR for Chicago-Joliet-Naperville, IL HUD Metro FMR Area, 2 bedrooms: $2,011.

What renters pay in 60430

Median gross rent$1,340±$276 · all sizes
Renter households1,37319% of occupied homes
No cash rent241households

How rents are spread

Under $1,00011%
$1,000–1,49946%
$1,500–1,99918%
$2,000–2,49910%
$2,500–2,99916%
$3,000–3,4990%
$3,500+0%

Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
60429Hazel Crest$1,980$1,343
60431Joliet$1,950$1,351
60428Markham$2,290–
60432Joliet$1,770$1,218
60433Joliet$1,820$1,358
60426Harvey$1,470$1,016

Fair Market Rents across Cook County, IL · All IL counties · What is Fair Market Rent?

Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.