Cheap Apartments for Rent in Elwood, NE from $500 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in Elwood.

Lakeside

Vintage Rows

302 W 7th St

Village at Kearney Apartments

Allura Gardens Apartments

Kearney Apartment Homes

Grandview Apartments

South Platte Terrace Apartments

Pacific Place Apartments

6th Dimension Apartments

Sandridge Apartments
Elwood, NE Local Guide

How much does it cost to rent an apartment in Elwood?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Elwood Studio Apartments | $1,153 | $819 | $1,500 |
Elwood 1 Bedroom Apartments | $1,145 | $510 | $2,195 |
Elwood 2 Bedroom Apartments | $1,261 | $615 | $2,395 |
Elwood 3 Bedroom Apartments | $1,142 | $700 | $1,700 |
Browse Top Apartments in Elwood
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Elwood, NE Local Guide
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Cheapest Neighborhoods for Apartments in Elwood, NE
Pricing Updated: 03/21/2025Current 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:
Neighborhood | Median Price | Min Price | Available Units |
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Oak View Apartments | 1 Bed 1 Bath | 1BR,1BA | $600 |
Burlington Place | 1 Bed 1 Bath | 1BR,1BA | $615 |
Westside | 2 Bed 1 Bath | 2BR,1BA | $615 |
Lakeside | 2 Bed 1.5 Bath | 2BR,1BA | $730 |
Allura Gardens Apartments | One Bedroom - Upper | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
812 Sherman St | 812 Sherman | 2BR,1BA | $0.90 |
Village at Kearney Apartments | Three Bedroom Two Bath | 3BR,2BA | $0.92 |
Bel Apartments | 1-Bedroom | 1BR,1BA | $1.09 |
Lakeside | 2 Bed 1.5 Bath | 2BR,1.5BA | $0.87 |
Pacific Place Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.15 |
Westside | 2 Bed 1 Bath | 2BR,1BA | $0.74 |
The Crystal on C Ave | Studio | Studio ,1BA | $1.06 |
South Platte Terrace Apartments | 1 Bedroom | 1BR,1BA | $1.17 |
Burlington Place | 1 Bed 1 Bath | 1BR,1BA | $0.92 |
Oak View Apartments | 1 Bed 1 Bath | 1BR,1BA | $0.96 |
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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.

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.

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.

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.

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.