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from $4442 to 3 Bedroom Apartments Contact Us For Availability
Avalon at Morris
2400 Oakland CirMorris, IL 60450
Cheap Apartments for Rent in Elwood, IL from $400 (19 Rentals)
Cheap Apartments in Elwood.
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from $850Studio to 2 Bedroom Apartments Contact Us For Availability
Pine Meadows Apartments
1850 Asbury Circle DrJoliet, IL 60435
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from $995Studio to 3 Bedroom Apartments Contact Us For Availability
Larkin Village
947 Lois PlJoliet, IL 60435
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from $1,0861 to 3 Bedroom Apartments Contact Us For Availability
Twin Oaks West Apartments
105 Twin Oaks DrJoliet, IL 60431
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from $1,1701 to 2 Bedroom Apartments Contact Us For Availability
Mallard Point Apartments
27741 W Drake DrChannahon, IL 60410
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from $1,2251 to 3 Bedroom Apartments Available May 7
Ravine Woods Apartments
241 Ottawa Bend DrMorris, IL 60450
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Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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from $1,2421 Bedroom Apartments Contact Us For Availability
Winchester Manor
800 E Kahler RdWilmington, IL 60481
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from $1,2501 to 2 Bedroom Apartments Available Now
311 N Ottawa St
311 N Ottawa StJoliet, IL 60432
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from $1,2651 to 2 Bedroom Apartments Available Jul 18
Sutton Place Apartments
1200 Rock Run DrCrest Hill, IL 60403
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from $1,2691 to 2 Bedroom Apartments Available Now
Willow Run of Crest Hill
2433 Ingalls AveCrest Hill, IL 60403
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316 Oneida St
JolietIL60435
310 Dewey St
JolietIL60436
2230 Oneida St
JolietIL60435
113 N Hickory St
JolietIL60435
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.
117 N Hickory St
JolietIL60435
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Elwood, IL Local Guide
Sunrise over field by Claire Y. Martin is licensed under CC BY 2.0
How much does it cost to rent an apartment in Elwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elwood Studio Apartments | $1,839 | $850 | $4,560 |
| Elwood 1 Bedroom Apartments | $1,875 | $949 | $4,288 |
| Elwood 2 Bedroom Apartments | $2,288 | $444 | $5,058 |
| Elwood 3 Bedroom Apartments | $2,861 | $478 | $3,700 |
| Elwood 4 Bedroom Apartments | $2,946 | $1,945 | $3,995 |
Browse Top Apartments in Elwood
See all Apartments in ElwoodExplore Elwood
Elwood, IL Local Guide
- Nearby Cities
- ZIP codes
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Cheapest Available Elwood Apartments for Rent and Nearby
The cheapest available apartment rental in Elwood, IL is a 1 Bed unit found at Stone Falls in the Sunset Point neighborhood priced from $949. Tudor Park Apartments in the Downtown neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,209. Here is today’s list of the most affordable Elwood apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Stone Falls | One Bedroom, Base Package | 1BR,1BA | $949 |
| Tudor Park Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1,209 |
| 311 N Ottawa St | Studio | 1BR,1BA | $1,250 |
| Willow Run of Crest Hill | 1 bedroom | 1BR,1BA | $1,269 |
| The Woodlands of Crest Hill | Cypress | 1BR,1BA | $1,310 |
Best Value Apartments for Rent in Elwood, IL and Nearby
As of May 03, 2025 the best value apartment in the Elwood area is the $2.11 price per square foot 3B Model at The Bluffs in the in the Rockdale Junction neighborhood starting from $3,527. The second greatest value Elwood apartment is the Three Bedroom Townhouse DTH Model at Orland Ridge Towns and Villas starting at $3,396 with a $2.17 price per square foot in the Meadow Park neighborhood. Here is today’s list of the best values for Elwood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Bluffs | 3B | 3BR,2BA | $2.11 |
| Orland Ridge Towns and Villas | Three Bedroom Townhouse DTH | 3BR,2.5BA | $2.17 |
| The Belvedere Apartments | Hillcrest 1 | 2BR,2BA | $2.37 |
| Lincoln Station Rowhomes | C2 | 2BR,2BA | $2.24 |
| Stone Falls | Two Bedroom, Luxury Package | 2BR,1BA | $1.38 |
| Seasons at Plainfield | 1E | 1BR,1BA | $2.20 |
| Sixteen30 | A2 | 1BR,1BA | $2.34 |
| Tudor Park Apartments | Three Bedroom One Bathroom | 3BR,1BA | $1.64 |
| Remington Apartment Homes | Serenity | 1BR,1BA | $2.20 |
| Willow Run of Crest Hill | 1 bedroom | 1BR,1BA | $2.12 |
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Walk Score®
7 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
30 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
2 / 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 Elwood Apartments
What is the Cheapest Studio apartment in Elwood?
Currently the most affordable Cheap Studio Apartment in Elwood is at The Woodlands of Crest Hill listed at $1,345.
How much is rent for a Cheap One Bedroom Elwood Apartment?
The lowest price for a Cheap One Bedroom Elwood Apartment is $949 at Stone Falls.
What is the lowest price for a Cheap Two Bedroom Elwood Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Elwood is starting from $1,209 at Tudor Park Apartments.
What is the most affordable Elwood Three Bedroom Apartment?
The best deal on a cheap Elwood Three Bedroom Apartment rental is at Tudor Park Apartments and starts from $1,309.
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.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.
Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.
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.