Last updated
Average Rent in Glenwood & Rent Trends
Rent prices and market trends across 3 apartment communities in Glenwood, Richmond, TX. Updated daily.
Market Average
$1,807/mo
Lowest Available
$1,564/mo
cheapest unit on market
Communities
3
tracked daily
Units Listed
27
available now
Price Cuts This Week in Glenwood
36 listed units across 2 buildings offering 2 bed units in Glenwood dropped their asking rent in the past 7 days, an average cut of $74/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| Alleia Long Meadow Farms Apartments | Unit 19108, A2UG | $1,605 | $1,362 | $243 |
| Alleia Long Meadow Farms Apartments | Unit 11109, A1UG | $1,499 | $1,258 | $241 |
| Alleia Long Meadow Farms Apartments | Unit 18104, A1LG | $1,483 | $1,261 | $222 |
| Alleia Long Meadow Farms Apartments | Unit 8108, A2UG | $1,574 | $1,352 | $222 |
| Alleia Long Meadow Farms Apartments | Unit 5109, A1UG | $1,456 | $1,237 | $219 |
| Alleia Long Meadow Farms Apartments | Unit 9104, A1LG | $1,506 | $1,287 | $219 |
| Alleia Long Meadow Farms Apartments | Unit 2121, A1 | $1,297 | $1,212 | $85 |
| Granary Flats | Unit 8201, S1 | $1,362 | $1,281 | $81 |
Glenwood vs Richmond, TX Average
Glenwood is more expensive than the Richmond, TX average by $256/mo (17%). The citywide average is $1,551/mo across all neighborhoods.
Is Rent Going Up or Down in Glenwood?
As of August 2026, the average rent in Glenwood is $1,807 per month across 3 apartment communities and 27 available units.
The most affordable option is Alleia Long Meadow Farms Apartments starting at $1,564/mo. By unit type, a 2-bedroom averages $1,807/mo.
Prices range from $1,564 to $2,016 per month. The most common price point is the $1,800 range, where 13 units are currently listed.
Rent Price Distribution
Rent by Bedroom Type in Glenwood
Rent Prices by Apartment in Glenwood
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Alleia Long Meadow Farms Apartments | $1,564/mo | $1,795/mo | 13 | 4.4 |
| Granary Flats | $1,610/mo | $1,809/mo | 12 | 4 |
| Grand Fountain Apartments | $1,770/mo | $1,870/mo | 2 | 3.5 |
Frequently Asked Questions About Rent in Glenwood
What is the average rent in Glenwood?
Is rent going up or down in Glenwood?
What is the cheapest apartment in Glenwood?
How many apartments are available in Glenwood?
What salary do I need to live comfortably in Glenwood?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$72,000/year
Based on the 30 percent rule, using our tracked average rent of $1,807/mo.
Comfortable income
$87,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,564/mo), you need to earn at least $63,000/year.
Median household income in Glenwood is $68,564 , about 21% below the comfortable-living threshold.
Cost of living in Glenwood
Overall prices in Glenwood matches the national average by about 0% (BEA Regional Price Parity index 99.7, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Glenwood's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,807 |
| Utilities | $457 |
| Groceries | $549 |
| Transportation | $1,089 |
| Healthcare | $531 |
| Other goods and services | $850 |
| Estimated total | $5,284/mo |
Population
12,117
Median household income
$68,564
Census median rent
$1,248/mo
Rent as % of income
42.8%
Median age
34.7
Mean commute
27 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Google Search Trends for Glenwood Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Glenwood Apartments
Browse all 3 communities with daily-updated pricing and availability.