Cheap Homes for Rent in Glenwood Neighborhood of Evansville, IN from $700 (14 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
By AmenitiesDone
By Community TypeDone
Done

Search the lowest-cost Homes available for rent right now in the Glenwood area of Evansville.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Glenwood, Evansville, IN Local Guide

Cheapest Available Glenwood Apartments for Rent

 

The cheapest available apartment rental in the Glenwood area of Evansville, IN is a 1 Bed unit found at The Rathbone priced from $795. 800 SE Second St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $903. Here are the most affordable Glenwood apartments for rent in Evansville, IN:

Apartment ListingModel NameBed/BathPriced From
The Rathbone1bed, 1 bath1BR,1BA$795
800 SE Second St1 Beds, 1 Baths1BR,1BA$903
1330 SE Second St2 Beds, 1 Baths2BR,1BA$995
Colonial Manor Apartments2x1 R2BR,1BA$995
City Pointe2 Bedroom 1 Bath2BR,1BA$1,195

Best Value Apartments for Rent in Glenwood, IN

As of June 11, 2026 the best value apartment in the Glenwood area is the $0.63 price per square foot Two Bedroom Model at Wedgewood Apartments in the in the Lincoln-Bellemeade neighborhood starting from $750. The second greatest value Glenwood apartment is the 213 Cherry St Model at 213 Cherry St, Unit Apt B starting at $1,295 with a $1.36 price per square foot in the Howell neighborhood. Here is today’s list of the best values for Glenwood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Wedgewood ApartmentsTwo Bedroom2BR,1.5BA$0.63
213 Cherry St, Unit Apt B213 Cherry St2BR,1BA$1.36
City Pointe2 Bedroom 1 Bath2BR,1BA$1.33
Colonial Manor Apartments2X12BR,1BA$1.15
Washington Court2 Bedrooms, 1 Bathroom2BR,1BA$1.92
1330 SE Second St2 Beds, 1 Baths2BR,1BA$1.57
The Rathbone1bed, 1 bath1BR,1BA$1.99

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

Read Article
Decorative image

Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

Read Article
Decorative image

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Glenwood

What type of rentals are currently available in Glenwood?

There are currently 108 Apartments for Rent in Glenwood, IN with pricing that ranges from $675 to $3,420. There are also 26 Single Family Homes for rent, Condos, and Townhome rentals currently available in Glenwood ranging from $795 to $1,695.

What is the current price range for Rental Homes in Glenwood?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Glenwood ranges from $795 to $1,695 with an average monthly rent of $1,158.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units  article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.