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Homes & Apartments for Rent in Glenwood, IL

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What to Know About

Life in Glenwood & Beyond

Glenwood shares many of the great qualities that make Illinois a desirable place to live.

Illinois is known for its rich cultural heritage, lively urban centers, and beautiful countryside landscapes. Explore the state's cultural heritage by visiting renowned museums such as the Lincoln Presidential Library and Museum, the Field Museum of Natural History, the Museum of Science and Industry, and the Art Institute of Chicago. The state also has a thriving theater and art scene, including the renowned Steppenwolf Theatre Company in Chicago. Illinois is also home to respected universities like the University of Illinois at Urbana-Champaign and Northwestern University.

Outdoor enthusiasts will love the scenic beauty of the Shawnee National Forest and the adventure-filled trails of the Starved Rock State Park. Sports fans will be in their element in Illinois, cheering on the Chicago Bears (NFL), Chicago Blackhawks (NHL), Chicago Cubs (MLB), Chicago White Sox (MLB), and Chicago Bulls (NBA). Experience famous attractions like the Willis Tower, Navy Pier, and the Lincoln Park Zoo. Also, enjoy the musicals and plays at Broadway-in-Chicago, festivals throughout the summer months, and culinary tours of the local restaurants.

With its vibrant cultural scene, exciting entertainment options, and top-notch educational opportunities, Illinois offers a high quality of life, making it a great place to live.

Rental Market Trends

Glenwood, IL

As of November 2026, Glenwood's rental market is stable, with rentals spending about 29 days on the market, about the same as in Illinois (29), and rents up 2.0% over the past year. Glenwood's average rent is 22.1% ($538) lower than the Illinois average of $2,439 and 6.6% ($135) lower than the U.S. average of $2,036.

Average Rent
$1,901
Monthly ChangeMonth Over Month Change
Increased0.23% ($4)
Yearly ChangeYear Over Year Change
Increased2.0% ($37)
Days on Market
29
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,797 Increased0.31% ($6) Increased5.0% ($86)
2 Beds $1,968 Increased0.28% ($5) Decreased1.7% ($33)
3 Beds $2,286 Increased0.08% ($2) Decreased1.2% ($27)
Nearby Cities Average Rent Avg. Rent vs. GlenwoodAverage Rent vs. Glenwood Days on Market
Chicago Heights $1,671 Decreased12.1% ($230) 28 days
Homewood $1,991 Increased4.7% ($90) 29 days
Lansing $1,724 Decreased9.3% ($177) 28 days
Flossmoor $2,509 Increased32.0% ($608) 29 days
South Holland $2,226 Increased17.1% ($325) 29 days
Based on rentals advertised on RentalSource in and around Glenwood.
Frequently Asked Questions
Glenwood Rental Market FAQs

Explore rental prices, market conditions, and affordability in Glenwood, IL.

The average rent in Glenwood, IL is about $1,901 per month.
In Glenwood, the average rent is about $1,797 per month for a 1-bedroom home, about $1,968 for a 2-bedroom home and about $2,286 for a 3-bedroom home.
The average rent in Glenwood is 6.6% ($135) lower than the national average of $2,036 per month.
The rental market in Glenwood, IL is currently stable, with rentals spending about 29 days on the market, about the same as in Illinois (29), and rents up 2.0% over the past year.
Based on the current averages, a household would need an annual income of about $78,700 to comfortably afford a 2-bedroom home in Glenwood.
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