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Glenwood, IL Homes for Rent

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  • /19

    $2,805 Per Month

    • 4 Beds
    • 2 Baths
    • 1,500 Sq Ft
    • House for Rent

    422 E Tulip Dr, 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, could be just what you’re looking for. See the

    422 E Tulip Dr, Glenwood, IL 60425
  • /13

    $2,300 Per Month

    • 4 Beds
    • 2 Baths
    • 1,800 Sq Ft
    • House for Rent

    101 S Sycamore Ln, Glenwood, IL 60425

    Property Id: 2835812 Welcome to a 4-bedroom 2-bath single-family home for rent in Glenwood, IL! This beautiful house is located in a quiet neighborhood and a cozy living space. The house is recently remodeled, comes with appliances, basement and garage. Application requirements: - 2 months most recent Paystubs,1040's Individual Tax Return, 2-months bank statements -

    101 S Sycamore Ln, Glenwood, IL 60425
  • /2

    $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, could be just what you’re looking for. See the

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

    $2,670 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, may be the right place for you. See the pictures to

    451 E Mulberry Ct, Glenwood, IL 60425
  • /15

    $2,365 Per Month

    • 3 Beds
    • 2 Baths
    • 1,084 Sq Ft
    • House for Rent

    423 N Park Dr, Glenwood, IL 60425

    Lease this home and get more from Invitation Homes professional property management. This home comes fully loaded with quality amenities, must-have services, high-end tech and ProCare® professional maintenance. Your estimated total monthly payment is $2509.90. That covers your base rent, $2365.00 + our required services designed to make your life easier: Air Filter Delivery Fee ($9.95), Internet

    423 N Park Dr, Glenwood, IL 60425
  • /11

    $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
  • /12

    $2,700 Per Month

    • 3 Beds
    • 1 Bath
    • 904 Sq Ft
    • House for Rent

    114 S Willow Ln, Glenwood, IL 60425

    Beautiful 3-bedroom, well-maintained brick ranch offering modern updates and comfortable living. Beautiful hardwood-style flooring throughout the main level, with natural light pouring in through large windows. Spacious kitchen updated with light wood cabinetry, granite countertops, stainless steel appliances including a gas range and French-door refrigerator. Bedrooms provide plenty of space,

    john krozel Mathisen Realty, Inc.

    114 S Willow Ln, 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 $2,670 per month, though prices vary by neighborhood, size, and property type. As of September 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 $106,800 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 $2,670 per month in Glenwood, IL, renters typically need to show $8,010 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 6.4, 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
7
Median Rent
$2,670
Median Single Family Home Rent
$2,700
Median Condo Rent
$1,950
How to Rent a Home