Cheap Apartments for Rent in Elwood, NE from $500 (19 Rentals)

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

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535 Flats
1 Bedroom Apartments

535 Flats

535 N Minden AveMinden, NE 68959
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Elwood, NE Local Guide

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
Westside3 Bed 2 Bath Loft3BR,2BA$700
Allura Gardens ApartmentsOne Bedroom - Upper1BR,1BA$800
Kearney Apartment HomesStudioStudio,1BA$819

Best Value Apartments for Rent in Elwood, NE and Nearby

As of April 23, 2025 the best value apartment in the Elwood area is the $0.86 price per square foot 2-Bedroom Model at 1104 Residences in the starting from $1,075. 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.
1104 Residences2-Bedroom2BR,1BA$0.86
Village at Kearney ApartmentsThree Bedroom Two Bath3BR,2BA$0.92
224 E 24th St, Unit 1224 E 24th St4BR,2BA$1.30
Lakeside2 Bed 1.5 Bath2BR,1.5BA$0.87
Westside2 Bed 1 Bath2BR,1BA$0.74
6th Dimension Apartments1 Bedroom1BR,1BA$1.28
South Platte Terrace Apartments1 Bedroom1BR,1BA$1.17
Allura Gardens ApartmentsTwo Bedroom - Garden2BR,1BA$1.26
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

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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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.

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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.

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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.