1383 W Main St
DecaturIL62522
Cheap Homes for Rent in Elwin, IL from $400 (20 Rentals)
Search the lowest-cost Homes available for rent right now in Elwin.
305 W Bower St
OreanaIL62554
1054 E Clay St
DecaturIL62521
511 W North 2nd St
ShelbyvilleIL62565
103 S Elder Ln
DecaturIL62522
1236 E Moore St
DecaturIL62521
1014 W Vandeveer St
TaylorvilleIL62568
341 S Haworth Ave
DecaturIL62522
1312 E Logan St
DecaturIL62526
1363 E Johns Ave
DecaturIL62521
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
290 S Maffit St
DecaturIL62521
111 S Elder Ln
DecaturIL62522
2564 E Wood St
DecaturIL62521
955 N Dunham St
DecaturIL62522
531 S Martin Luther King Jr Dr
DecaturIL62521
401 S 19th St
DecaturIL62521
952 N Taylor Ave
DecaturIL62522
6 Tamaroa Dr
PawneeIL62558
913 N Taylorville Blvd
TaylorvilleIL62568
1574 N Warren St
DecaturIL62526
Showing Results 1-20, Page 1 of 1
Elwin, IL Local Guide
Corn Maze by H. Michael Miley is licensed under CC BY 2.0
How much does it cost to rent a home in Elwin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elwin 2 Bedroom Homes for Rent | $915 | $704 | $1,990 |
| Elwin 3 Bedroom Homes for Rent | $1,265 | $898 | $1,750 |
| Elwin 4 Bedroom Homes for Rent | $2,500 | $1,500 | $3,500 |
| Elwin 6 Bedroom Homes for Rent | $400 | $400 | $400 |
Browse Top Homes for Rent in Elwin
Explore Elwin
Elwin, IL Local Guide
- Nearby Cities
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Cheapest Available Elwin Apartments for Rent and Nearby
The cheapest available apartment rental in Elwin, IL is a 1 Bed unit found at RESERVE AT LAKEVIEW priced from $421. Rider Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $500. Here is today’s list of the most affordable Elwin apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| RESERVE AT LAKEVIEW | One Bedroom One Bathroom | 1BR,1BA | $421 |
| Rider Place | 1 Bedroom | 1BR,1BA | $500 |
| Moundford Terrace | Efficiency | Studio,1BA | $575 |
| Stones Crossing Apartments | Nice one bedroom efficiency apartment | 1BR,1BA | $625 |
| The Hickcox Collection | The Hickox | Studio,1BA | $634 |
Best Value Apartments for Rent in Elwin, IL and Nearby
As of April 25, 2025 the best value apartment in the Elwin area is the $0.75 price per square foot Three Bedroom, Two Bath (I) Model at Brainard Landings Apartments in the starting from $900. The second greatest value Elwin apartment is the Townhome Model at Ravenwood Townhomes starting at $875 with a $0.88 price per square foot . Here is today’s list of the best values for Elwin apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Brainard Landings Apartments | Three Bedroom, Two Bath (I) | 3BR,2BA | $0.75 |
| Ravenwood Townhomes | Townhome | 2BR,1.5BA | $0.88 |
| Decatur Flats Apartments | 2BR/1.0BA | 2BR,1BA | $0.91 |
| Cobblestone Apartments | Cobblestone 2BD | 2BR,1BA | $1.06 |
| Butler Place | 2 Beds, 1 Baths | 2BR,1BA | $0.87 |
| Candles | A1 | 1BR,1BA | $1.09 |
| Denison Place | One Bedroom | 1BR,1BA | $0.84 |
| Lincoln Tower Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.07 |
| RESERVE AT LAKEVIEW | One Bedroom One Bathroom | 1BR,1BA | $0.69 |
| Rider Place | 1 Bedroom | 1BR,1BA | $0.92 |
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Frequently Asked Questions about Elwin
What type of rentals are currently available in Elwin?
There are currently 37 Apartments for Rent in Elwin, IL with pricing that ranges from $500 to $1,864. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elwin ranging from $400 to $3,500.
What is the current price range for Rental Homes in Elwin?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Elwin ranges from $400 to $3,500 with an average monthly rent of $1,088.
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.
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.
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.
Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.
Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.