2 Bedroom Apartments for Rent in Elwood, IL (54 Rentals)

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24134 S 53 Hwy
2 Bedroom Apartments

24134 S 53 Hwy

24134 S 53 HwyElwood, IL 60421
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110 W Park St
2 Bedroom Apartments

110 W Park St

110 W Park StElwood, IL 60421

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.

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Highland Ridge
$2,281 - $2,748
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Total Monthly Price

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$2,069 - $2,748
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2 Bedroom Apartments Available Aug 8

Highland Ridge

14158 S Hilltop LnLockport, IL 60441
Corporate Housing
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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.

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Renting with Roommates: Realistic Expectations for Shared Lease

Sharing a lease? Learn how to set clear expectations with your roommates on routines, bills, and cleaning to ensure a successful and peaceful shared living arrangement.

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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.

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Pine Ridge
2 Bedroom Apartments

Pine Ridge

1112 Parkwood DrJoliet, IL 60432
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1014 Shagbark Rd
2 Bedroom Apartments

1014 Shagbark Rd

1014 Shagbark RdNew Lenox, IL 60451
  • Utilities Included

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.

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Elwood, IL Local Guide

Largest Available Elwood and Nearby 2 Bedroom Apartments

The largest available 2 Bedroom apartment unit in Elwood, IL is found at Orland Ridge Towns and Villas in the Meadow Park neighborhood and is 2,002 square feet priced from $3,446. The View at Rock Run Collection in the Breckenridge Cameo neighborhood has the second largest 2 Bedroom, which is sized at 1,326 square feet and currently listed start at $2,806. Here is today’s list of the largest available 2 Bedroom units in Elwood:

Apartment ListingModel NameSquare FootagePriced From
Orland Ridge Towns and VillasTownhome 32,002 Sq Ft$3,446
The View at Rock Run CollectionC81,326 Sq Ft$2,806
Redwood LockportForestwood1,294 Sq Ft$2,738
The BluffsB5G1,272 Sq Ft$2,873
Timber Pointe ApartmentsEmery Oak 21,247 Sq Ft$2,112
Enclave at 127thB4R1,186 Sq Ft$2,443
Reserve at RomeovilleHighlands-G1,185 Sq Ft$2,477
Lincoln Station RowhomesC21,157 Sq Ft$2,710
HighPoint Community ApartmentsChestnut 21,155 Sq Ft$2,058
Village Place ApartmentsCypress1,131 Sq Ft$2,357

Cheapest Available Elwood and Nearby 2 Bedroom Apartments

As of July 26, 2026 the lowest priced 2 Bedroom apartment unit in Elwood, IL is the Two Bedroom One Bathroom Model starting from $1,209 at Tudor Park Apartments in the Downtown neighborhood. The second most affordable Elwood 2 Bedroom is the Two Bedroom, Base Package Model at Stone Falls starting at $1,219 in the Sunset Point neighborhood. The average price for all 2 Bedroom apartments in Elwood is currently $2,442. Here is today’s list of the cheapest available 2 Bedroom options in Elwood:

Apartment ListingModel NamePriced From
Tudor Park ApartmentsTwo Bedroom One Bathroom$1,209
Stone FallsTwo Bedroom, Base Package$1,219
Bays Tower Apartments2 Bedroom$1,550
24138 - 24158 W Main St24138 W Main St Unit 102$1,650
The Woodlands of Crest HillMaple Renovated$1,679
Willow Run of Crest Hill2 bedroom/corner$1,689
HighPoint Community ApartmentsChestnut 2$2,058
Timber Pointe ApartmentsEmery Oak 2$2,112
The Legacy Apartments2 Bedroom$2,200
Enclave at 127thB3$2,228

Real 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.

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Remember the 3 Rules of Real Estate:
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Frequently Asked Questions about 2 Bedroom Elwood Apartments

What is the Cheapest apartment in Elwood with 2 Bedroom?

Currently the most affordable 2 Bedroom in Elwood is at Tudor Park Apartments listed at $1,209.

How much is the average rent for a 2 Bedroom Elwood Apartment?

The average rent for a 2 Bedroom Apartment in Elwood is $2,442.

What is the largest available 2 Bedroom Elwood Apartment for rent?

Today's apartment with the most square footage in Elwood is a 2,002 square feet unit starting from $3,446 at Orland Ridge Towns and Villas.

What is the average size for Elwood 2 Bedroom Apartments for rent?

The average size for a 2 Bedroom rental in Elwood is currently 1,260 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

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.