2 Bedroom Apartments for Rent in Elwood, IL (56 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

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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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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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.

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Showing Results 1-50, Page 1 of 2

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 1,567 square feet priced from $3,144. Redwood Lockport in the Maple Hill neighborhood has the second largest 2 Bedroom, which is sized at 1,381 square feet and currently listed start at $2,867. Here is today’s list of the largest available 2 Bedroom units in Elwood:

Apartment ListingModel NameSquare FootagePriced From
Orland Ridge Towns and VillasTwo Bedroom Townhouse C1TH1,567 Sq Ft$3,144
Redwood LockportWillowood1,381 Sq Ft$2,867
Highland RidgeC2C-2x2 with Den1,317 Sq Ft$2,471
The Bluffs2F1,272 Sq Ft$2,739
Seasons at Plainfield2F1,272 Sq Ft$2,485
Timber Pointe ApartmentsEmery Oak1,241 Sq Ft$2,345
Sixteen30B31,220 Sq Ft$2,258
Lincoln Station RowhomesC31,203 Sq Ft$2,755
Parkview Estates2BR/1.5BA1,200 Sq Ft$1,995
Enclave at 127th ApartmentsBuckingham1,186 Sq Ft$2,120

Cheapest Available Elwood and Nearby 2 Bedroom Apartments

As of November 17, 2025 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 $2,286. 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
The Woodlands of Crest HillMaple$1,331
Ravine Woods Apartments2 Bedroom - North$1,425
Bays Tower Apartments2 Bedroom$1,550
24138 - 24158 W Main St24138 W Main St Unit 102$1,650
Willow Run of Crest Hill2 bedroom/corner$1,689
HighPoint Community ApartmentsChestnut 2$1,821
24430-24438 W Eames StUnit 8$1,950
Parkview Estates2BR/1.5BA$1,995

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Quick 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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Elwood, IL Rentals by Map

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Getting Around Elwood, IL

Walk Score®

8 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

30 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

2 / 100

Minimal Transit

It may be possible to get on a bus

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 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 $2,286.

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

Today's apartment with the most square footage in Elwood is a 1,567 square feet unit starting from $3,144 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 1,101 sq ft.

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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.