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Glenwood, IL Homes for Rent

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    $3,155 Per Month

    • 4 Beds
    • 2 Baths
    • 1,700 Sq Ft
    • House for Rent

    313 E Center St, Glenwood, IL 60425

    Apply now or schedule your self-tour today and take the first step toward getting more than just a place to live. Rent with FirstKey Homes for a home that's right for you, plus professional service and maintenance, innovative resident programs, and more; that's the power of purple! This 4-bedroom, 2-bathroom rental home in Glenwood, IL, might be the perfect fit for your lifestyle. See the

    313 E Center St, Glenwood, IL 60425
  • /20

    $2,780 Per Month

    • 4 Beds
    • 2 Baths
    • 1,528 Sq Ft
    • House for Rent

    451 E Mulberry Ct, Glenwood, IL 60425

    Apply now or schedule your self-tour today and take the first step toward getting more than just a place to live. Rent with FirstKey Homes for a home that's right for you, plus professional service and maintenance, innovative resident programs, and more; that's the power of purple! This 4-bedroom, 2-bathroom rental home in Glenwood, IL, has a lot to offer; does it check all your boxes? See

    451 E Mulberry Ct, Glenwood, IL 60425
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    $1,900 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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    $2,600 Per Month

    • 4 Beds
    • 2 Baths
    • 2,360 Sq Ft
    • House for Rent

    450 E Mulberry Ct, Glenwood, IL 60425

    Plenty of room in this 4 bedroom 2 bath raised ranch. Features include large kitchen with plenty of oak cabinets, dining room, finished basement with full bath, large screened porch off the kitchen, 2 gar detached garage and central air. Non smoking unit. Minimum credit score of 680, verifiable landlord reference with strong proof of rent payments, and not court cases from prior rentals in the

    Joseph Castello David Erffmeyer, Broker

    450 E Mulberry Ct, Glenwood, IL 60425
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    $2,300 Per Month

    • 3 Beds
    • 1.5 Baths
    • 1,201 Sq Ft
    • Condo for Rent

    105 S Sycamore Ln, Glenwood, IL 60425

    Located in the established suburban community of Glenwood, IL this unit offers convenient access to major transportation corridors, retail centers, parks, and local schools while maintaining a quiet residential setting. Glenwood continues to attract residents seeking affordable suburban living with proximity to both Chicago and surrounding employment hubs. The area features a mix of single-family

    105 S Sycamore Ln, Glenwood, IL 60425
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    $1,900 Per Month

    • 1 Bed
    • 1 Bath
    • 700 Sq Ft
    • House for Rent

    44 N Glenwood Ave, Glenwood, IL 60425

    Beautiful home with enormous yard with garage, Enormous living room with open space connected to both the updated kitchen, enclosed porch. Kitchen with beautiful granite countertops, NEW stainless steal refrigerator and stove installed. Full finished basement with luxury vinyl flooring. Nice, fenced in backyard with 2 car garage. Washer/Dryer same floor. Finished Basement, Property is near

    john krozel Mathisen Realty, Inc.

    44 N Glenwood Ave, Glenwood, IL 60425

Why Live in Glenwood

Located approximately 28 miles from Chicago, Glenwood, Illinois, offers a blend of suburban living and small-town charm. The community has grown over the years, yet retains a close-knit feel. Housing options range from seasoned ranch-style homes and split-levels to modern prairie-style houses and one-story manufactured homes, providing a variety of choices at lower prices compared to neighboring towns. Glenwood features several parks and nature preserves, such as Glenwood Woods and Brownell Woods, where residents can enjoy walking, biking, and cross-country skiing. Hickory Glen Park offers basketball and football facilities, while Veteran’s Memorial Park and Skyline Pool are popular summer spots. Main Street hosts various commercial shops, including Kids Boutique and Dion’s Breakfast Café, with additional shopping options available at the Park Place shopping mall in nearby Homewood, just 4 miles away. Families benefit from highly rated schools like James Hart School and Homewood-Flossmoor High School, known for its International Baccalaureate Program and Fine Arts Academy. Glenwood is bordered by major routes, including Route 1 and Route 394, facilitating easy access to Interstate 80 and nearby bus stops along South Halsted Street. The Lansing Municipal Airport is conveniently located 3.8 miles away for longer trips.

Frequently Asked Questions

How much does it cost to rent a home in Glenwood, IL?
The median rent for a home in Glenwood, IL is $2,590 per month, though prices vary by neighborhood, size, and property type. As of August 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 $103,600 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 $2,590 per month in Glenwood, IL, renters typically need to show $7,770 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 Homes for Rent
6
Median Rent
$2,590
Median Single Family Home Rent
$2,690
Median Condo Rent
$1,938
How to Rent a Home