1 Bedroom Apartments for Rent in Elwood, IL (36 Rentals)

Sutton Place Apartments

Seasons at Plainfield

Timber Pointe Apartments

Lincoln Station Rowhomes

Bays Tower Apartments

Sixteen30
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.

Orland Ridge Towns and Villas

Ravine Woods Apartments

The Belvedere Apartments

The Legacy Apartments

Springs at Lockport

The Port

The Woodlands of Crest Hill

Enclave at 127th Apartments

Village Place Apartments
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Larkin Village

Winchester Manor

24138 - 24158 W Main St

Willow Run of Crest Hill

Remington Apartment Homes

Pine Meadows Apartments

825 W Jefferson St

465-479 N School St
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318 Liberty St

204 E Washington St
Elwood, IL Local Guide

How much does it cost to rent an apartment in Elwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elwood Studio Apartments | $1,629 | $895 | $2,595 |
Elwood 1 Bedroom Apartments | $1,828 | $949 | $3,176 |
| Elwood 2 Bedroom Apartments | $2,243 | $1,150 | $3,565 |
| Elwood 3 Bedroom Apartments | $2,975 | $1,309 | $4,425 |
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Elwood, IL Local Guide
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Largest Available Elwood and Nearby 1 Bedroom Apartments
The largest available 1 Bedroom apartment unit in Elwood, IL is found at Orland Ridge Towns and Villas in the Meadow Park neighborhood and is 1,265 square feet priced from $3,176. Seasons at Plainfield in the Patriot Place neighborhood has the second largest 1 Bedroom, which is sized at 998 square feet and currently listed start at $2,095. Here is today’s list of the largest available 1 Bedroom units in Elwood:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| Orland Ridge Towns and Villas | One Bed w/ Den Ranch | 1,265 Sq Ft | $3,176 |
| Seasons at Plainfield | 1G | 998 Sq Ft | $2,095 |
| The Bluffs | 1F | 950 Sq Ft | $2,192 |
| Springs at Lockport | 1 BR Grand Overlook | 947 Sq Ft | $1,951 |
| 811 Covey Ln | 1x1 | 900 Sq Ft | $1,200 |
| HighPoint Community Apartments | Cascade and Autumn | 880 Sq Ft | $1,790 |
| The Woodlands of Crest Hill | Cypress Den | 874 Sq Ft | $1,604 |
| Timber Pointe Apartments | Elm | 869 Sq Ft | $1,895 |
| Enclave at 127th Apartments | Aria | 854 Sq Ft | $1,721 |
| Lincoln Station Rowhomes | A2 | 838 Sq Ft | $2,087 |
Cheapest Available Elwood and Nearby 1 Bedroom Apartments
As of December 31, 2025 the lowest priced 1 Bedroom apartment unit in Elwood, IL is the One Bedroom, Base Package Model starting from $949 at Stone Falls in the Sunset Point neighborhood. The second most affordable Elwood 1 Bedroom is the 1x1 Model at 811 Covey Ln starting at $1,200 . The average price for all 1 Bedroom apartments in Elwood is currently $1,828. Here is today’s list of the cheapest available 1 Bedroom options in Elwood:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| Stone Falls | One Bedroom, Base Package | $949 |
| 811 Covey Ln | 1x1 | $1,200 |
| The Woodlands of Crest Hill | Cypress | $1,242 |
| The Birches | 1sr | $1,245 |
| Bays Tower Apartments | Studio | $1,250 |
| Mallard Point Apartments | A2 - Waterfall | $1,300 |
| Willow Run of Crest Hill | 1 bedroom | $1,359 |
| HighPoint Community Apartments | Yellowstone | $1,629 |
| Enclave at 127th Apartments | Avalon | $1,676 |
| Remington Apartment Homes | Tranquility | $1,700 |
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.
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Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Elwood, IL Rentals by Map
See the most popular apartments and homes in Elwood, IL
Frequently Asked Questions about 1 Bedroom Elwood Apartments
What is the Cheapest apartment in Elwood with 1 Bedroom?
Currently the most affordable 1 Bedroom in Elwood is at Stone Falls listed at $949.
How much is the average rent for a 1 Bedroom Elwood Apartment?
The average rent for a 1 Bedroom Apartment in Elwood is $1,828.
What is the largest available 1 Bedroom Elwood Apartment for rent?
Today's apartment with the most square footage in Elwood is a 1,265 square feet unit starting from $3,176 at Orland Ridge Towns and Villas.
What is the average size for Elwood 1 Bedroom Apartments for rent?
The average size for a 1 Bedroom rental in Elwood is currently 619 sq ft.
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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!










