Rental market snapshot for Glenwood, Illinois

Glenwood, Illinois Rental Property Market Overview

Glenwood, Illinois is a small village located in Cook County, with a population of 8,477 as of 2021, according to the US Census. It is a quiet, residential community with a variety of amenities and services, including a library, parks, and a variety of shops and restaurants. The village is also home to a number of schools, including a high school and a community college. Glenwood is a great place to live, work, and raise a family.

The average rent for an apartment in Glenwood is $1,977. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 0.00% over the past year.

Last Updated February 01, 2024

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Average monthly rent graph in Glenwood Illinois | Cost of Living

  • The most expensive ZIP code in Glenwood is 60425 with an average price of $1,958.
  • The cheapest ZIP code in Glenwood is 60425 with an average price of $1,958.

Glenwood ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
160425$1,958

Live near Glenwood, Illinois's Top Sights and Attractions

Hickory Glen Park is a beautiful outdoor area located in Glenwood, Illinois. It features a large lake with a fishing pier, a playground, and plenty of picnic areas. There are also several walking trails that wind through the park, allowing visitors to take in the natural beauty of the area. The park also has a disc golf course, a sand volleyball court, and a basketball court. In addition, there are plenty of benches and tables for visitors to relax and enjoy the scenery.

Veterans Memorial Park and Skyline Pool is a popular destination for locals and visitors alike. It features a large outdoor pool with a diving board, a playground, and a picnic area. There is also a memorial dedicated to veterans, with a flagpole and a plaque honoring those who have served. The park also has a walking path, a basketball court, and a baseball diamond. The pool is open during the summer months and offers swimming lessons and other activities. The park is a great place to spend the day with family and friends.

Forest Park is a sprawling park located in Glenwood, Illinois. It features a variety of outdoor activities, including a large lake, a golf course, a playground, and a variety of trails for hiking, biking, and horseback riding. The park also has a variety of wildlife, including deer, foxes, and birds. The park also features a variety of picnic areas, as well as a large pavilion for special events.

Strand Callahan Park is a beautiful outdoor recreation area located in a small town in Illinois. It features a large lake, walking trails, picnic areas, playgrounds, and a variety of other activities. The park is a great spot for families to enjoy a day out, with plenty of space to explore and plenty of activities to keep everyone entertained. There is also a large pavilion for hosting events, as well as a variety of sports fields and courts. The park is a great place to spend a day outdoors, with plenty of activities for all ages.

George Arquilla Park is a beautiful outdoor recreation area located in a small town in Illinois. It features a large lake with a beach, a playground, picnic areas, and a walking path. The lake is stocked with fish, making it a great spot for fishing. There are also several sports fields, including baseball, softball, and soccer. The park also has a pavilion and a gazebo, perfect for hosting events or just relaxing in the shade. The park is a great place to spend a day outdoors, with plenty of activities for all ages.

Glenwood, Illinois area median rent change by ZIP code map

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How does Glenwood compare to other cities in Illinois?

citymedian price
La Grange$2,700
Orland Park$2,695
Grayslake$2,300
Bolingbrook$2,180
Joliet$2,005
Woodridge$1,996
Morton$1,790
Peoria$978

Average household income in Glenwood area graph - US Census

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The median household income in Glenwood in 2021 was $65,685. This represents a 15.1% change from 2011 when the median was $57,092.

#categorypercent
0Less than $10,0005.6%
1$10,000 to $14,9995.4%
2$15,000 to $19,9992.4%
3$20,000 to $24,9993.1%
4$25,000 to $29,9993.4%
5$30,000 to $34,9995.7%
6$35,000 to $39,9992.4%
7$40,000 to $44,9993.3%
8$45,000 to $49,9995.0%
9$50,000 to $59,9999.1%
10$60,000 to $74,9998.8%
11$75,000 to $99,99920.9%
12$100,000 to $124,9997.4%
13$125,000 to $149,9997.5%
14$150,000 to $199,9997.2%
15$200,000 or more2.8%

Neighborhoods in Glenwood

We currently do not have this data but we are working to add this soon.

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

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While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of December , the average rent in Glenwood is $1,977.
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