Cheap Apartments for Rent in Elwood, NE from $500 (21 Rentals)

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

property at 302 W 7th St

302 W 7th St

McCookNE69001
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535 Flats
Studio Apartments

535 Flats

535 N Minden AveMinden, NE 68959
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The Logan on 11th
1 to 3 Bedroom Apartments

The Logan on 11th

1103 11th AveHoldrege, NE 68949
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832 Flats
2 Bedroom Apartments

832 Flats

322 E 6th StMinden, NE 68959
Showing Results 1-21, Page 1 of 1

Elwood, NE Local Guide

Cheapest Neighborhoods for Apartments in Elwood, NE

Pricing Updated: 03/21/2025

Current apartment rentals in the Elwood, NE area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Elwood Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units

Cheapest Available Elwood Apartments for Rent and Nearby

 

The cheapest available apartment rental in Elwood, NE is a 1 Bed unit found at Oak View Apartments priced from $600. Burlington Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $615. Here is today’s list of the most affordable Elwood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Oak View Apartments1 Bed 1 Bath1BR,1BA$600
Burlington Place1 Bed 1 Bath1BR,1BA$615
Westside2 Bed 1 Bath2BR,1BA$615
Lakeside2 Bed 1.5 Bath2BR,1BA$730
Allura Gardens ApartmentsOne Bedroom - Upper1BR,1BA$800

Best Value Apartments for Rent in Elwood, NE and Nearby

As of March 21, 2025 the best value apartment in the Elwood area is the $0.90 price per square foot 812 Sherman Model at 812 Sherman St in the starting from $1,350. The second greatest value Elwood apartment is the Three Bedroom Two Bath Model at Village at Kearney Apartments starting at $955 with a $0.92 price per square foot . 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.
812 Sherman St812 Sherman2BR,1BA$0.90
Village at Kearney ApartmentsThree Bedroom Two Bath3BR,2BA$0.92
Bel Apartments1-Bedroom1BR,1BA$1.09
Lakeside2 Bed 1.5 Bath2BR,1.5BA$0.87
Pacific Place Apartments2 Bed 1 Bath2BR,1BA$1.15
Westside2 Bed 1 Bath2BR,1BA$0.74
The Crystal on C AveStudioStudio ,1BA$1.06
South Platte Terrace Apartments1 Bedroom1BR,1BA$1.17
Burlington Place1 Bed 1 Bath1BR,1BA$0.92
Oak View Apartments1 Bed 1 Bath1BR,1BA$0.96

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Location, Location, Location!

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Getting Around Elwood, NE

Walk Score®

23 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

30 / 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 Kearney Apartment Homes listed at $819.

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

The lowest price for a Cheap One Bedroom Elwood Apartment is $600 at Oak View Apartments.

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 $615 at Westside.

What is the most affordable Elwood Three Bedroom Apartment?

The best deal on a cheap Elwood Three Bedroom Apartment rental is at Westside and starts from $700.

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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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.

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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.