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Newest Homes for Rent in Glenwood, IL

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  • 219 N Park Dr, Glenwood, IL 60425
    219 N Park Dr, Glenwood, IL 60425
    219 N Park Dr, Glenwood, IL 60425
    /13

    $2,600 Per Month

    • 4 Beds
    • 3 Baths
    • 1,783 Sq Ft
    • House for Rent

    219 N Park Dr, Glenwood, IL 60425

    Property Id: 2820069 Welcome to this 4-bedroom and 3-baths single-family home for rent located in Gleenwood, IL. This beautiful home is located in a quiet neighborhood and a cozy living space. The house was recently remodeled, comes with appliances, garage and a finished basement. Application requirements: - 2 months most recent Paystubs, 1040 Individual Tax Return, 2-months full

    219 N Park Dr, Glenwood, IL 60425
  • 101 S Sycamore Ln, Glenwood, IL 60425
    101 S Sycamore Ln, Glenwood, IL 60425
    101 S Sycamore Ln, 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
  • 105 S Sycamore Ln, Glenwood, IL 60425
    105 S Sycamore Ln, Glenwood, IL 60425
    105 S Sycamore Ln, Glenwood, IL 60425
    /13

    $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
  • 523 N Pleasant Dr Unit 2A, Glenwood, IL 60425
    523 N Pleasant Dr Unit 2A, Glenwood, IL 60425
    523 N Pleasant Dr Unit 2A, Glenwood, IL 60425
    /8

    $1,800 Per Month

    • 2 Beds
    • 1.5 Baths
    • 1,300 Sq Ft
    • Condo for Rent

    523 N Pleasant Dr Unit 2A, Glenwood, IL 60425

    Remodeled, spacious 2nd floor end unit with new appliances waiting for the new owner to move in! Heating, water, common insurance are included in assessments. Convenient location, close to stores, restaurants, banks and not far from the expressway. Also for sale.

    Susan Durham Durham Realty

    523 N Pleasant Dr Unit 2A, Glenwood, IL 60425
  • 955 Elder Rd Unit 1N, Homewood, IL 60430
    955 Elder Rd Unit 1N, Homewood, IL 60430
    955 Elder Rd Unit 1N, Homewood, IL 60430
    /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
Illinois Cook County

Newest Homes for Rent in Glenwood, IL

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 $2,300 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 $92,000 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 $2,300 per month in Glenwood, IL, renters typically need to show $6,900 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 7.4, 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 Trends in Glenwood, IL

There are currently 5 homes available for rent in Glenwood, IL. The median rent is $2,300 per month, with single-family homes renting at $2,550 and condos at $1,925.

Rental Home Trends

Number of Homes for Rent
5
Median Rent
$2,300
Median Single Family Home Rent
$2,550
Median Condo Rent
$1,925
How to Rent a Home

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