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Newest Homes for Rent in Glenwood, IL

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  • /18

    $2,950 Per Month

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

    705 W Fitzhenry Ct, Glenwood, IL 60425

    Recently updated check out this 3 Bed 2 Bath Home with the option of making the lower level a 4th bedroom. It features New White shaker cabinets, quartz countertops, stainless steel appliances, refinished floors, updated Baths, over sized 2 car garage, Freshly painted, and New Windows! **Property is armed with an Alarm**

    Andrew Soltis IV At Home Realty Group, Inc.

    705 W Fitzhenry Ct, Glenwood, IL 60425
  • /18

    $2,700 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
  • /20

    Starting at $995 Per Month

    • 1 - 3 Beds

    19440-19460 Glenwood Rd, Chicago Heights, IL 60411

    Thornwood Apartments is located in a very nice area, we are a short distance from Walmart and 2.8 miles from Highway 80 west and 294 north ramps. Just a short distance to Halsted Street that has tons of restaurants, gas stations, clothing stores, nail salons, and more. Thornwood Apartments has an outdoor swimming pool that has monitors during the time that the pool is open. There is so much for

    Thornwood Apartments

    (708) 740-5992

    19440-19460 Glenwood Rd, Chicago Heights, IL 60411
  • /20

    $23,789

    Total Monthly Price

    • 4 Beds
    • 2.5 Baths
    • Condo for Rent

    514 N Arizona Ave Unit SI ID1306540P, Glenwood, IL 60425

    The advertised rate of $23,789/month is the lowest available price, based on a 30 day(s) stay with a move-in date of May 17, 2026.Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be

    (464) 888-5124

    514 N Arizona Ave Unit SI ID1306540P, 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 $2,825 per month, though prices vary by neighborhood, size, and property type. As of May 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 $113,000 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 $2,825 per month in Glenwood, IL, renters typically need to show $8,475 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 6.2, 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.
What neighborhoods in Glenwood, IL are best for renting a home?
The best neighborhood for renting in Glenwood, IL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Beacon Hill, Hazel Crest Proper and Hungry Hill, each with its own character and price range.

Rental Home Trends in Glenwood, IL

Rental Home Trends

Number of Homes for Rent
4
Median Rent
$2,825
Median Single Family Home Rent
$2,800
Median Condo Rent
$1,938
How to Rent a Home