
Cheap Homes for Rent in Glenwood Neighborhood of Evansville, IN from $700 (14 Rentals)
Search the lowest-cost Homes available for rent right now in the Glenwood area of Evansville.


1609 Rheinhardt Ave

512 S Lincoln Park Dr

1021 Jefferson Ave

640 Jefferson Ave

1133 Bayard Park Dr

213 Taylor Ave
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.

924 SE 6th St

715 E Riverside Dr

1025 Covert Ave

1505 Jackson Ave

1330 SE 2nd St

329 Taylor Ave

1807 S Kerth Ave
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

How much does it cost to rent a home in Glenwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Glenwood 2 Bedroom Homes for Rent | $1,086 | $990 | $1,450 |
| Glenwood 3 Bedroom Homes for Rent | $1,182 | $800 | $1,595 |
| Glenwood 4 Bedroom Homes for Rent | $1,325 | $1,000 | $1,650 |
Browse Homes for Rent in this Neighborhood
There are currently 14 rentals with your search options within a 2 mile radius of the Glenwood Neighborhood of Evansville, IN.
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Glenwood, Evansville, IN Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Rathbone | 1bed, 1 bath | 1BR,1BA | $795 |
| 800 SE Second St | 1 Beds, 1 Baths | 1BR,1BA | $903 |
| 1330 SE Second St | 2 Beds, 1 Baths | 2BR,1BA | $995 |
| Colonial Manor Apartments | 2x1 R | 2BR,1BA | $995 |
| City Pointe | 2 Bedroom 1 Bath | 2BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Wedgewood Apartments | Two Bedroom | 2BR,1.5BA | $0.63 |
| 213 Cherry St, Unit Apt B | 213 Cherry St | 2BR,1BA | $1.36 |
| City Pointe | 2 Bedroom 1 Bath | 2BR,1BA | $1.33 |
| Colonial Manor Apartments | 2X1 | 2BR,1BA | $1.15 |
| Washington Court | 2 Bedrooms, 1 Bathroom | 2BR,1BA | $1.92 |
| 1330 SE Second St | 2 Beds, 1 Baths | 2BR,1BA | $1.57 |
| The Rathbone | 1bed, 1 bath | 1BR,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 ArticleReal 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 ArticleQuick 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.
Best Local Schools in Glenwood, Evansville, IN
Fairlawn Elementary School
Benjamin Bosse High School
Glenwood Leadership Academy
School data provided by Great Schools
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

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.

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.

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.

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.