2 Bedroom Apartments for Rent in Elwood, IN (47 Rentals)

Federal Hill Apartments

Autumn Breeze Apartments

NEXUS Apartments of Noblesville
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

East Bank

Princeton Lakes

Cumberland Pointe Apartments

Northlake Village

Rivers Edge Apartments I & II

Villages on Madison Apartments

Grissom Estates Apartments
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Four Winds Apartments

32 Union Apartments

Redwood Noblesville Harewood Drive N

Applecreek

Hoosier Woods Apartments

410 - WINDING BROOK APARTMENTS

Lakeview Court Apartments
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Kingston Green Apartments

Cross Lakes Apartments

Longfellow Plaza Affordable Senior Community

Bay Terrace Apartments

Turnberry Square Apartments

2505 Hwy Pl

2806 Noble St

1823 Halford St

2121 Madison Ave

516-516 Piccadilli Rd

1002 E 7th St

9904 Bison Dr

615 Ravens Lake Dr

10116 Lexington Blvd
Elwood, IN Local Guide

How much does it cost to rent an apartment in Elwood?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Elwood Studio Apartments | $1,200 | $650 | $1,499 |
Elwood 1 Bedroom Apartments | $1,450 | $250 | $2,808 |
Elwood 2 Bedroom Apartments | $1,613 | $780 | $3,311 |
Elwood 3 Bedroom Apartments | $1,804 | $825 | $3,647 |
Elwood 4 Bedroom Apartments | $1,664 | $850 | $2,455 |
Browse Top Apartments in Elwood
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Elwood, IN Local Guide
- Nearby Cities
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Largest Available Elwood and Nearby 2 Bedroom Apartments
The largest available 2 Bedroom apartment unit in Elwood, IN is found at East Bank in the Mill Grove neighborhood and is 1,364 square feet priced from $2,424. Redwood Noblesville Harewood Drive N in the Brooks Chase neighborhood has the second largest 2 Bedroom, which is sized at 1,294 square feet and currently listed start at $1,964. Here is today’s list of the largest available 2 Bedroom units in Elwood:
Apartment Listing | Model Name | Square Footage | Priced From |
---|---|---|---|
East Bank | Wheeling 2.2 | 1,364 Sq Ft | $2,424 |
Redwood Noblesville Harewood Drive N | Forestwood | 1,294 Sq Ft | $1,964 |
Federal Hill Apartments | Willow-B7 | 1,271 Sq Ft | $1,999 |
Autumn Breeze Apartments | The Berkeley | Renovated | 1,180 Sq Ft | $1,550 |
Northlake Village | Lake Michigan | 1,173 Sq Ft | $1,451 |
Tin Plate Apartments | 2 Beds, 2 Baths | 1,154 Sq Ft | $1,295 |
Cumberland Pointe Apartments | Harbor-U | 1,150 Sq Ft | $1,385 |
The Levinson | The Pleasant | 1,134 Sq Ft | $1,895 |
Timbernest Townhomes | 2BR/1.5BA | 1,125 Sq Ft | $1,050 |
NEXUS Apartments of Noblesville | Wilson | 1,123 Sq Ft | $1,799 |
Cheapest Available Elwood and Nearby 2 Bedroom Apartments
As of May 10, 2025 the lowest priced 2 Bedroom apartment unit in Elwood, IN is the 2BR/1BA Model starting from $790 at Lincolnwood Apartments . The second most affordable Elwood 2 Bedroom is the 2x2 50% Model at Hoosier Woods Apartments starting at $803 . The average price for all 2 Bedroom apartments in Elwood is currently $1,613. Here is today’s list of the cheapest available 2 Bedroom options in Elwood:
Apartment Listing | Model Name | Priced From |
---|---|---|
Lincolnwood Apartments | 2BR/1BA | $790 |
Hoosier Woods Apartments | 2x2 50% | $803 |
Fox Acres Apartments | 2 Bed Room | $840 |
First Flats | 2bed/1bath Non-Renovated | $850 |
North Pointe Commons | 2BR/1BA | $900 |
Turnberry Square Apartments | 2 bed/2 bath | $915 |
Cedar Ridge Townhomes | The Maple | $920 |
410 - WINDING BROOK APARTMENTS | 2 Bedroom - 1st Floor | $959 |
Timbernest Townhomes | 2BR/1.5BA | $1,050 |
Villages on Madison Apartments | 2x1 R | $1,050 |
Quick Rent Budget Calculator
How much rent can you afford?
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Pet Friendly LifestyleElwood, IN
Ranked #61
Among cities in Indiana for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Elwood, IN
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Getting Around Elwood, IN
Walk Score®
31 / 100
Car-Dependent
Most errands require a car
Bike Score®
39 / 100
Somewhat Bikeable
Minimal bike infrastructure
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 2 Bedroom Elwood Apartments
What is the Cheapest apartment in Elwood with 2 Bedroom?
Currently the most affordable 2 Bedroom in Elwood is at Lincolnwood Apartments listed at $790.
How much is the average rent for a 2 Bedroom Elwood Apartment?
The average rent for a 2 Bedroom Apartment in Elwood is $1,613.
What is the largest available 2 Bedroom Elwood Apartment for rent?
Today's apartment with the most square footage in Elwood is a 1,364 square feet unit starting from $2,424 at East Bank.
What is the average size for Elwood 2 Bedroom Apartments for rent?
The average size for a 2 Bedroom rental in Elwood is currently 1,015 sq ft.
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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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