Cheap Apartments for Rent in Elwood, IN from $600 (34 Rentals)

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Search the lowest-cost Apartments available for rent right now in Elwood.

property at 1604 W 15th St

1604 W 15th St

AndersonIN46016
Showing Results 1-34, Page 1 of 1

Elwood, IN Local Guide

Cheapest Available Elwood Apartments for Rent and Nearby

 

The cheapest available apartment rental in Elwood, IN is a 1 Bed unit found at The Towers at Southdale Affordable Senior priced from $250. 2930 Albright has the second lowest priced unit, which is a 1 Bed apartment currently listed from $695. Here is today’s list of the most affordable Elwood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Towers at Southdale Affordable Senior1 Bed/ 1 Bath1BR,1BA$250
2930 Albright1 Bed1BR,1BA$695
Lincolnwood Apartments1BR/1BA1BR,1BA$700
Harter House Anderson LLCRoseStudio,1BA$749
First Flats1bed/1bath Renovated1BR,1BA$750
Fox Acres Apartments1 Bed Room1BR,1BA$755
North Pointe Commons1BR/1BA1BR,1BA$775
Hoosier Woods Apartments1x1 60%1BR,1BA$777
Longfellow Plaza Affordable Senior CommunityStudioStudio,1BA$790
410 - WINDING BROOK APARTMENTS1 Bedroom - 2nd Floor1BR,1BA$829

Best Value Apartments for Rent in Elwood, IN and Nearby

As of March 10, 2025 the best value apartment in the Elwood area is the $1.28 price per square foot 1169 Frogs Leap Model at 1169 Frogs Leap in the in the Wareham's Pond neighborhood starting from $1,760. The second greatest value Elwood apartment is the 3 Bedroom Townhome Model at Rivers Edge Apartments I & II starting at $1,415 with a $1.17 price per square foot in the Pebble Brook neighborhood. Here is today’s list of the best values for Elwood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1169 Frogs Leap1169 Frogs Leap3BR,2BA$1.28
Rivers Edge Apartments I & II3 Bedroom Townhome3BR,1.5BA$1.17
Turnberry Square Apartments3 bed/2 bath3BR,2BA$1.04
Villages on Madison Apartments2x1 R-Prem2BR,1BA$1.23
Fox Acres Apartments1 Bed Room1BR,1BA$1.01
Hoosier Woods Apartments1x1 60%1BR,1BA$1.05
410 - WINDING BROOK APARTMENTS1 Bedroom - 2nd Floor1BR,1BA$1.28
2930 Albright1 Bed1BR,1BA$1.16
The Towers at Southdale Affordable Senior1 Bed/ 1 Bath1BR,1BA$0.45
Lincolnwood Apartments1BR/1BA1BR,1BA$1.36

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Pet Friendly Lifestyle
Elwood, IN

Ranked #61

Among cities in Indiana for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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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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See the most popular apartments and homes in Elwood, IN

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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 Cheap Elwood Apartments

What is the Cheapest Studio apartment in Elwood?

Currently the most affordable Cheap Studio Apartment in Elwood is at Harter House Anderson LLC listed at $749.

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

The lowest price for a Cheap One Bedroom Elwood Apartment is $250 at The Towers at Southdale Affordable Senior.

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 $790 at Lincolnwood Apartments.

What is the most affordable Elwood Three Bedroom Apartment?

The best deal on a cheap Elwood Three Bedroom Apartment rental is at Turnberry Square Apartments and starts from $1,040.

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

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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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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

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How Your Move-In Inspection Can Protect Your Security Deposit

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