305 W Bower St
OreanaIL62554
Cheap Homes for Rent in Elwin, IL from $500 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Elwin.
913 N Taylorville Blvd
TaylorvilleIL62568
1312 E Logan St
DecaturIL62526
520 N Oak St
MonticelloIL61856
518 N Oak St
MonticelloIL61856
1363 E Johns Ave
DecaturIL62521
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
401 S 19th St
DecaturIL62521
117 S Elder Ln
DecaturIL62522
955 N Dunham St
DecaturIL62522
1054 E Clay St
DecaturIL62521
290 S Maffit St
DecaturIL62521
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
315 E Monroe St
SullivanIL61951
11 N Seymour St
SullivanIL61951
Showing Results 1-13, Page 1 of 1
Elwin, IL Local Guide
Corn Maze by H. Michael Miley is licensed under CC BY 2.0
How much does it cost to rent a home in Elwin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elwin 2 Bedroom Homes for Rent | $890 | $685 | $1,550 |
| Elwin 3 Bedroom Homes for Rent | $1,331 | $900 | $1,800 |
| Elwin 4 Bedroom Homes for Rent | $3,500 | $3,500 | $3,500 |
| Elwin 5 Bedroom Homes for Rent | $3,425 | $2,350 | $4,500 |
Browse Top Homes for Rent in Elwin
Explore Elwin
Elwin, IL Local Guide
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Cheapest Available Elwin Apartments for Rent and Nearby
The cheapest available apartment rental in Elwin, IL is a 1 Bed unit found at RESERVE AT LAKEVIEW priced from $421. Rider Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $500. Here is today’s list of the most affordable Elwin apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| RESERVE AT LAKEVIEW | One Bedroom One Bathroom | 1BR,1BA | $421 |
| Rider Place | 1 Bedroom | 1BR,1BA | $500 |
| The Hickcox Collection | The Hickox | Studio,1BA | $601 |
| Stones Crossing Apartments | Nice one bedroom efficiency apartment | 1BR,1BA | $625 |
| Denison Place | One Bedroom | 1BR,1BA | $675 |
Best Value Apartments for Rent in Elwin, IL and Nearby
As of June 05, 2025 the best value apartment in the Elwin area is the $0.88 price per square foot Townhome Model at Ravenwood Townhomes in the starting from $875. The second greatest value Elwin apartment is the B1 Model at Candles starting at $1,000 with a $1.04 price per square foot . Here is today’s list of the best values for Elwin apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Ravenwood Townhomes | Townhome | 2BR,1.5BA | $0.88 |
| Candles | B1 | 2BR,1.5BA | $1.04 |
| Safe Harbor Properties | Walk to work. Capitol View. WIFI Included. | 2BR,1BA | $1.03 |
| 3TEN | B1 | 2BR,1BA | $1.07 |
| RESERVE AT LAKEVIEW | Two Bedrooms One Bathroom | 2BR,1BA | $0.60 |
| Huntington Ridge Apartments | Two Bedroom | 2BR,1BA | $1.10 |
| Denison Place | One Bedroom | 1BR,1BA | $0.84 |
| Cobblestone Apartments | Cobblestone 2BD | 2BR,1BA | $1.06 |
| Lincoln Tower Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.07 |
| Rider Place | 1 Bedroom | 1BR,1BA | $0.92 |
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Frequently Asked Questions about Elwin
What type of rentals are currently available in Elwin?
There are currently 38 Apartments for Rent in Elwin, IL with pricing that ranges from $500 to $1,752. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elwin ranging from $550 to $4,500.
What is the current price range for Rental Homes in Elwin?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Elwin ranges from $550 to $4,500 with an average monthly rent of $1,971.
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.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.