The singer - who finished in third place on last year's X Factor USA - signed a record deal with Epic Records in January.
Rene chose to release the self-penned track as his debut single after he performed it during his X Factor audition.
Speaking about writing the song, he told AOL Music: "At that point I had an apartment, I had a job and a car. I was clean and I had my son and life was good.
"I wrote the song in case people were having a bad time, or in case I was having a bad time - this would hopefully lift me back up and bring positive light to the situation."
'Young Homie' will be released via iTunes on March 30.
> Chris Rene: 'I was born to entertain people'
Watch the video for Chris Rene's 'Young Homie' below: