Cheap Apartments for Rent in Elmwood, IL from $600 (36 Rentals)

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126 Amsler St
$7991 Bedroom, 1 Bath Townhome for RentAvailable Now

126 Amsler St

Bartonville, IL 61607
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2037 W Richwoods Blvd
$9993 Bedroom, 1 Bath Home for RentAvailable Now

2037 W Richwoods Blvd

Peoria, IL 61604
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Elmwood, IL Local Guide

Cheapest Available Elmwood Apartments for Rent and Nearby

 

The cheapest available apartment rental in Elmwood, IL is a Studio unit found at Willow Knolls Apartments in the Northmoor Knolls neighborhood priced from $610. Woods + Meadow Apartments in the Northmoor Knolls neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $725. Here is today’s list of the most affordable Elmwood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Willow Knolls ApartmentsStudioStudio,1BA$610
Woods + Meadow ApartmentsStudio Apartment in North PeoriaStudio,1BA$725
Hollow Hills1 bedroom1BR,1BA$725
Crescent Creek Apartments1x11BR,1BA$750
Haymeadow ApartmentsSpringhouse1BR,1BA$799
ASPEN BLUFF APARTMENTSOne Bedroom One Bathroom1BR,1BA$800
The Grove Apartments1 Bed 1 Bath Classic1BR,1BA$800
Brandywine Crossing Apartments1 Bedroom G1BR,1BA$825
Nordic Villa ApartmentsLoft2BR,1BA$825
Kellogg Place Apartments2 Bed2BR,1BA$895

Best Value Apartments for Rent in Elmwood, IL and Nearby

As of February 25, 2025 the best value apartment in the Elmwood area is the $1.14 price per square foot 3 Bedroom 2 Bath Model at Eagle Point Apartments in the in the Northmoor Knolls neighborhood starting from $1,550. The second greatest value Elmwood apartment is the 3 Bed, 2 Bath Reno Model at The Grove Apartments starting at $1,400 with a $1.21 price per square foot in the Northmoor Knolls neighborhood. Here is today’s list of the best values for Elmwood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Eagle Point Apartments3 Bedroom 2 Bath2BR,2BA$1.14
The Grove Apartments3 Bed, 2 Bath Reno3BR,2BA$1.21
Camden Hills Apartments2 Bedroom, 2 Bath2BR,2BA$1.14
Woodsage Apartments2 Bedroom Unit2BR,2BA$1.17
Hollow Hills1 bedroom1BR,1BA$0.84
Crescent Creek Apartments1x11BR,1BA$0.88
Hillcrest Apartments2 BR / 1 BA2BR,1BA$1.09
Haymeadow ApartmentsSpringhouse1BR,1BA$1.11
Nordic Villa ApartmentsLoft1BR,1BA$1.18
Woods + Meadow ApartmentsStudio Apartment in North PeoriaStudio ,1BA$1.12

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Elmwood, IL

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Getting Around Elmwood, IL

Walk Score®

24 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

31 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

1 / 100

Minimal Transit

It may be possible to get on a bus

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Elmwood Apartments

What is the Cheapest Studio apartment in Elmwood?

Currently the most affordable Cheap Studio Apartment in Elmwood is at Willow Knolls Apartments listed at $610.

How much is rent for a Cheap One Bedroom Elmwood Apartment?

The lowest price for a Cheap One Bedroom Elmwood Apartment is $675 at Willow Knolls Apartments.

What is the lowest price for a Cheap Two Bedroom Elmwood Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Elmwood is starting from $825 at Nordic Villa Apartments.

What is the most affordable Elmwood Three Bedroom Apartment?

The best deal on a cheap Elmwood Three Bedroom Apartment rental is at ASPEN BLUFF APARTMENTS and starts from $1,070.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.

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Signing Your Apartment Lease: The Basics

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When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.