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Newest Homes for Rent in Glenwood, IL

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  • /3

    $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
  • /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, might be the perfect fit for your lifestyle. See the

    313 E Center St, Glenwood, IL 60425
  • /9

    $1,400 Per Month

    • 1 Bed
    • 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
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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

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 $2,440 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 $97,600 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 $2,440 per month in Glenwood, IL, renters typically need to show $7,320 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 7.0, 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
4
Median Rent
$2,440
Median Single Family Home Rent
$2,700
Median Condo Rent
$1,925
How to Rent a Home