2

Glenwood, IL Condos for Rent

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    $2,000 Per Month

    • 3 Beds
    • 1.5 Baths
    • Condo for Rent

    955 Elder Rd Unit 1N, Homewood, IL 60430

    Property Id: 2764307 Welcome to this 3-bedroom and 1.5 - baths apartment for rent located in Homewood, IL. This beautiful home is located in a quiet neighborhood and a cozy living space. This is recently remodeled, comes with appliances one parking space in the parking lot and street parking. Application requirements: - 2 months most recent Paystubs, 1040 Individual Tax Return,

    955 Elder Rd Unit 1N, Homewood, IL 60430
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    $1,400 Per Month

    • 2 Beds
    • 1 Bath
    • Condo for Rent

    504 Roberts Dr Unit 2D, Glenwood, IL 60425

    Looking for a fresh start in Glenwood? We have a beautifully updated 1-bedrom, 1 bath unit ready for you at 504 Roberts Drive. Shared laundry facility. Details: Tenant is responsible for lights. There is a $750 non-refundable move-in fee and $50 utility fee.Requirements: Minimum credit score requirement of 620. Must have no evictions. No smoking allowed.Rule for pets: Must

    504 Roberts Dr Unit 2D, Glenwood, IL 60425

Frequently Asked Questions

How much does it cost to rent a condo in Glenwood, IL?
The median rent for a condo in Glenwood, IL is $1,925 per month, though prices vary by neighborhood, size, and property type. As of July 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Glenwood, IL?
To comfortably afford the median rent in Glenwood, IL, a household needs to earn roughly $103,200 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,580 per month in Glenwood, IL, renters typically need to show $7,740 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Glenwood, IL?
In Glenwood, IL, the price-to-rent ratio is 6.6, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends

Number of Condos for Rent
2
Median Condo Rent
$1,925
Median 2 Bedroom Condo Rent
$1,925
How to Rent a Home