Cheap Apartments for Rent in Homewood, IL from $700 (45 Rentals)

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18154 Martin Ave
1 Bedroom Apartments

18154 Martin Ave

18154 Martin AveHomewood, IL 60430
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18205 Morgan St
1 to 2 Bedroom Apartments

18205 Morgan St

18205 Morgan StHomewood, IL 60430
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17714 Dixie Hwy
Studio Apartments

17714 Dixie Hwy

17714 Dixie HwyHomewood, IL 60430
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1947 Hickory Rd
1 Bedroom Apartments

1947 Hickory Rd

1947 Hickory RdHomewood, IL 60430
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3206 W 184th St
1 to 2 Bedroom Apartments

3206 W 184th St

3206 W 184th StHomewood, IL 60430
  • Utilities Included
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Governors Place
Studio to 3 Bedroom Apartments

Governors Place

2720 Chayes CtHomewood, IL 60430
  • Utilities Included
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3212 W 184th St
1 to 2 Bedroom Apartments

3212 W 184th St

3212 W 184th StHomewood, IL 60430

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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1940 Hickory Rd
1 to 2 Bedroom Apartments

1940 Hickory Rd

1940 Hickory RdHomewood, IL 60430
  • Utilities Included
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Freedom Village
1 to 2 Bedroom Apartments

Freedom Village

935 Maple AveHomewood, IL 60430
Senior Living
  • Utilities Included
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Hampton Court
1 Bedroom Apartments

Hampton Court

17951 Amherst CTCountry Club Hills, IL 60478
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128 E Joe Orr Rd
1 to 2 Bedroom Apartments

128 E Joe Orr Rd

128 E Joe Orr RdChicago Heights, IL 60411
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2640 Flossmoor Rd
1 to 2 Bedroom Apartments

2640 Flossmoor Rd

2640 Flossmoor RdFlossmoor, IL 60422

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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1206 West End Ave
1 to 2 Bedroom Apartments

1206 West End Ave

1206 W End AveChicago Heights, IL 60411
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3734 171st St
2 Bedroom Apartments

3734 171st St

3734 171st StCountry Club Hills, IL 60478
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811 Sangamon St
Studio to 2 Bedroom Apartments

811 Sangamon St

811 Sangamon StChicago Heights, IL 60411
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15750 Dixie Hwy
1 to 2 Bedroom Apartments

15750 Dixie Hwy

15750 Dixie HwyMarkham, IL 60428

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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737-747 Grant Ave
Studio to 2 Bedroom Apartments

737-747 Grant Ave

737-747 Grant AveChicago Heights, IL 60411
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Hazelnut Apartments
Studio to 1 Bedroom Apartments

Hazelnut Apartments

1722 W 170th StHazel Crest, IL 60429
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Nugent Square
Studio to 2 Bedroom Apartments

Nugent Square

30 Nugent StGlenwood, IL 60425
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15800 Turlington
1 Bedroom Apartments

15800 Turlington

15800 TurlingtonHarvey, IL 60426
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514-516 Roberts Dr
1 to 2 Bedroom Apartments

514-516 Roberts Dr

514-516 Roberts DrGlenwood, IL 60425
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631 Carpenter St
1 to 3 Bedroom Apartments

631 Carpenter St

631 Carpenter StChicago Heights, IL 60411
  • Smoke Free
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3811 171st St
3 Bedroom Apartments

3811 171st St

3811 171st StCountry Club Hills, IL 60478
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Oakwood Apartments
1 to 2 Bedroom Apartments

Oakwood Apartments

421-505 Dixie HwyChicago Heights, IL 60411
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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647-651 Carroll Pky
1 to 2 Bedroom Apartments

647-651 Carroll Pky

647-651 Carroll PkyGlenwood, IL 60425
  • Utilities Included
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Versailles Apartments
Studio to 3 Bedroom Apartments

Versailles Apartments

18130 S Kedzie AveHazel Crest, IL 60429
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501-513 Chicago Rd
Studio to 2 Bedroom Apartments

501-513 Chicago Rd

501-513 Chicago RdThornton, IL 60476
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Waterford Estates
Studio to 2 Bedroom Apartments

Waterford Estates

17400 Kedzie AveHazel Crest, IL 60429
Senior Living
  • Utilities Included
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737--747 Grant Ave
Studio to 2 Bedroom Apartments

737--747 Grant Ave

737--747 Grant AveChicago Heights, IL 60411
  • Utilities Included
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2559 Flossmoor Rd
Studio to 3 Bedroom Apartments

2559 Flossmoor Rd

2559 Flossmoor RdFlossmoor, IL 60422

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Homewood, IL Local Guide

Cheapest Available Homewood Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Thornwood Apartments2x1 8532BR,1BA$1,175

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Best Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters

A Local Expert's Guide to The 10 Best Chicago Neighborhoods near Major Local Employers. Find your perfect Chicago, IL apartment, condo, or rental home today at ApartmentHomeLiving.com

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A Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Chicago, IL metro area for affordable living. Find your perfect Chicago Student apartment, condo, or rental home today at ApartmentHomeliving.com

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Expert Rental Resources

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.

Helpful Local Expert Guides

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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.

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Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

Written by: Nicole Harms

With world-class museums lining its streets, Chicago is a place people go to learn. It’s not surprising, therefore, that it’s also home to multiple colleges and universities with national and global reputations.

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Best Neighborhoods to Rent in Near Chicago's Top Employers

Written by: Nicole Harms

Whenever life takes me into the city, I’m always impressed with the sheer amount of industry and commerce that it holds. With all of that commerce comes a wide range of employment options.

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Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago

Written by: Nicole Harms

From Lake Shore Drive to the O’Hare Airport, the city of Chicago is a study in diversity, resilience, and culture.

Articles, How-To's, and Tips

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.