What percentage of people rent in Homewood, IL?

Name: Renters and owners in Homewood, IL, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

18.3% (±3.0 points) of the occupied homes in Homewood, IL are rented (2020–2024 American Community Survey).

That is 1,293 renting households against 5,789 that own their home.

In Homewood, the share of households that rent went from 23.8% in 2015–2019 to 18.3% in 2020–2024 (−5.5 percentage points), a measurable decrease.

Figures last updated on November 12, 2026.

Households that rent: 18.3% (±3.0 points)
Renting households: 1,293 (±198)
Median renter income: $64,387 (±$13,782)

Who rents and who owns in Homewood

Tenure, estimate (90% margin of error)
	Homewood	Cook County	Illinois	United States
Renter-occupied share	18.3% (±3.0 points)	42.3% (±0.3 points)	32.9% (±0.2 points)	34.8%
Renting households	1,293 (±198)	887,660 (±6,720)	1,657,539 (±10,322)	45,017,354
Owning households	5,789 (±460)	1,212,570 (±7,287)	3,378,910 (±14,728)	84,210,142
Average renter household size	2.5 (±0.5)	2.1 (±0.0)	2.2 (±0.0)	2.3
Average owner household size	2.7 (±0.1)	2.6 (±0.0)	2.6 (±0.0)	2.6
Median renter household income	$64,387 (±$13,782)	$55,388 (±$886)	$50,420 (±$471)	$52,966
Median owner household income	$106,042 (±$4,996)	$108,804 (±$833)	$103,505 (±$377)	$100,009

In Homewood, the renter share is lower than in Cook County (42.3%).

It is also lower than in Illinois (32.9%).

It is lower than the national figure (34.8%).

In Cook County, Homewood ranks 105 of 148 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 1393 of 2,751.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Homewood has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Households that rent	23.8% (±3.8 points)	18.3% (±3.0 points)	−5.5 percentage points	Measurable decrease
Median gross rent	$1,156 (±$47)	$1,333 (±$312)	+15.3%	No measurable change after inflation
Median household income	$74,450 (±$5,464)	$100,139 (±$10,332)	+34.5%	No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Households that rent in places near Homewood

Nearest places with a published estimate, compared with Homewood
Place	Distance	Households that rent	Compared with this place
Homewood	—	18.3% (±3.0 points)	—
East Hazel Crest	1.3 mi	37.9% (±10.6 points)	Higher
Hazel Crest	1.7 mi	25.0% (±7.8 points)	Not measurably different
Flossmoor	1.9 mi	4.9% (±3.1 points)	Lower
Thornton	2.4 mi	20.4% (±7.4 points)	Not measurably different
Glenwood	2.9 mi	21.0% (±5.8 points)	Not measurably different
Olympia Fields	3.0 mi	11.2% (±5.8 points)	Lower
Markham	3.2 mi	25.1% (±6.6 points)	Not measurably different
Country Club Hills	3.3 mi	26.0% (±4.6 points)	Higher

Nearby places with a measurably lower figure: Flossmoor, IL (4.9%), Olympia Fields, IL (11.2%).

Nearby places with a measurably higher figure: East Hazel Crest, IL (37.9%), Country Club Hills, IL (26.0%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Cook County, place by place

Rank	Place	Households that rent
99	Norwood Park Township	20.8% (±2.8 points)
100 (tie)	Thornton	20.4% (±7.4 points)
100 (tie)	Palos Township	20.4% (±2.3 points)
102	Stickney Township	19.2% (±2.4 points)
103	Burbank	19.1% (±2.6 points)
104	La Grange	18.5% (±3.5 points)
105	Homewood	18.3% (±3.0 points)
106	Brookfield	18.2% (±3.7 points)
107	Berkeley	18.0% (±10.9 points)
108 (tie)	Norridge	17.6% (±4.3 points)
108 (tie)	Oak Forest	17.6% (±3.7 points)
110	Oak Lawn	17.5% (±2.4 points)
111	South Holland	17.2% (±3.7 points)

Showing 13 of 148 places in Cook County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Homewood

How many renters are there in Homewood?

Homewood has an estimated 1,293 (±198) renting households, 18.3% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Homewood?

In Homewood, the share of households that rent went from 23.8% in 2015–2019 to 18.3% in 2020–2024 (−5.5 percentage points), a measurable decrease.

How big are renting households in Homewood?

A renting household in Homewood has 2.5 people on average, against 2.7 in an owned home.

How much do renters earn in Homewood?

The median renting household in Homewood, IL has an income of $64,387 (±$13,782) a year, against $106,042 for households that own their home.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Homewood village, Illinois (place:35879, in state:17).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.