1315 W John H Gwynn Jr Ave
PeoriaIL61605
Cheap Homes for Rent near Elmwood, IL from $551 (20 Rentals)
Search the lowest-cost Homes available for rent right now in Elmwood.
1507 S Livingston St
PeoriaIL61605
1540 W Kettelle St
PeoriaIL61605
2010 West Malone Street
PeoriaIL61605
3009 W Antoinette St
PeoriaIL61605
1107 W Gilbert Ave
PeoriaIL61604
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
1532 W Barker Ave
PeoriaIL61606
5217 West Monroe Road
PeoriaIL61607
1102 W McClure Ave
PeoriaIL61604
914 Gift
West PeoriaIL61604
1824 N Gale Ave
PeoriaIL61604
1412 W Glen Ave
PeoriaIL61614
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
3119 W Willow Knolls Dr
PeoriaIL61614
4208 S Lafayette Ave
BartonvilleIL61607
1404 N Broadway St
PeoriaIL61606
814 W McClure Ave
PeoriaIL61604
3617 W Richwoods Blvd
PeoriaIL61604
913 W McClure Ave
PeoriaIL61604
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
622 W Laclaire Ln
PeoriaIL61614
1530 W Barker Ave
PeoriaIL61606
Showing Results 1-20, Page 1 of 1
Elmwood, IL Local Guide
Sunrise in field by Claire Y. Martin is licensed under CC BY 2.0
How much does it cost to rent a home in Elmwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elmwood 2 Bedroom Homes for Rent | $1,226 | $551 | $2,500 |
| Elmwood 3 Bedroom Homes for Rent | $1,571 | $662 | $2,800 |
| Elmwood 4 Bedroom Homes for Rent | $2,775 | $2,500 | $3,000 |
| Elmwood 5 Bedroom Homes for Rent | $2,693 | $1,785 | $3,995 |
| Elmwood 6 Bedroom Homes for Rent | $4,500 | $4,500 | $4,500 |
Browse Top Homes for Rent in Elmwood
Explore Elmwood
Elmwood, IL Local Guide
- Nearby Cities
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Cheapest Available Elmwood Apartments for Rent and Nearby
The cheapest available apartment rental in Elmwood, IL is a Studio unit found at Willow Knolls Apartments in the Northmoor Knolls neighborhood priced from $799. Hollybrook Apartments in the Northmoor Knolls neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here is today’s list of the most affordable Elmwood apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Willow Knolls Apartments | Studio / 1 Bath | Studio,1BA | $799 |
| Hollybrook Apartments | 1 bedroom | 1BR,1BA | $800 |
| Forest Hills Apartments | 1x1 | 1BR,1BA | $854 |
| Hollow Hills Apartments | 1 Bed / 1 Bath (615 sqft) | 1BR,1BA | $875 |
| Nordic Villa Apartments | Loft | 1BR,1BA | $875 |
Best Value Apartments for Rent in Elmwood, IL and Nearby
As of September 05, 2026 the best value apartment in the Elmwood area is the $1.18 price per square foot 3 Bedroom 2 Bath Model at Eagle Point Apartments in the in the Northmoor Knolls neighborhood starting from $1,600. The second greatest value Elmwood apartment is the 2 Bedroom, 2 Bath Model at Camden Hills Apartments starting at $1,300 with a $1.23 price per square foot in the Northmoor Knolls neighborhood. Here is today’s list of the best values for Elmwood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Eagle Point Apartments | 3 Bedroom 2 Bath | 2BR,2BA | $1.18 |
| Camden Hills Apartments | 2 Bedroom, 2 Bath | 2BR,2BA | $1.23 |
| Covington Court Apartments | CC2BR | 2BR,2BA | $1.26 |
| ASPEN BLUFF APARTMENTS | Three Bedrooms Two Bathroom | 3BR,2BA | $1.14 |
| Covington Place | 2BR/1.5BA Signature In Unit Wash/Dryer | 2BR,1.5BA | $1.15 |
| Brandywine Crossing Apartments | 2 Bedroom 2 Bath | 2BR,2BA | $1.14 |
| Kellogg Place Apartments | 2 Bed / 1 Bath | 2BR,1BA | $1.17 |
| Forest Hills Apartments | 1x1 | 1BR,1BA | $1.00 |
| Hillcrest Apartments | 2 BR / 1 BA | 2BR,1BA | $1.15 |
| Hollybrook Apartments | 1 bedroom | 1BR,1BA | $1.03 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read Article
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read Article
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Best Local Schools in Elmwood, IL
Elmwood Elementary School
Elmwood Community Unit School District 322
Public School - Grades PK-5 (303)
8 out of 10
Elmwood High School
Elmwood Community Unit School District 322
Public School - Grades 9-12 (200)
3 out of 10
Elmwood Junior High School
Elmwood Community Unit School District 322
Public School - Grades 6-8 (96)
5 out of 10
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Elmwood, IL Rentals by Map
See the most popular apartments and homes in Elmwood, IL
Frequently Asked Questions about Elmwood
What type of rentals are currently available in Elmwood?
There are currently 40 Apartments for Rent in Elmwood, IL with pricing that ranges from $547 to $2,102. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elmwood ranging from $551 to $4,500.
What is the current price range for Rental Homes in Elmwood?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Elmwood ranges from $551 to $4,500 with an average monthly rent of $1,622.
How much are larger Three and Four Bedroom Rentals in Elmwood?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Elmwood range from $620 to $2,102, while Three Bedroom Homes, Condos, and Townhomes for rent range from $662 to $2,800. Four Bedroom Single-Family rentals are also available starting from $2,500 and Four Bedroom Apartments start at $630.
Expert Rental Resources
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.
Articles, How-To's, and Tips
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.