2

Glenwood, IL Houses for Rent

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  • /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
  • /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

Frequently Asked Questions

How much does it cost to rent a single-family home in Glenwood, IL?
The median rent for a single-family home in Glenwood, IL is $2,550 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 Home Trends

Number of Houses for Rent
2
Median Single Family Home Rent
$2,550
Median 3 Bedroom Single Family Home Rent
$2,300
Median 4 Bedroom Single Family Home Rent
$2,922
How to Rent a Home