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

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done
close
View Me
24134 S 53 Hwy
2 Bedroom Apartments

24134 S 53 Hwy

24134 S 53 HwyElwood, IL 60421
close
View Me
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.

Read Article

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.

Read Article

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.

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 Article
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 The Bluffs in the Rockdale Junction neighborhood and is 1,272 square feet priced from $2,920. Timber Pointe Apartments in the Breckenridge Cameo neighborhood has the second largest 2 Bedroom, which is sized at 1,267 square feet and currently listed start at $2,395. Here is today’s list of the largest available 2 Bedroom units in Elwood:

Apartment ListingModel NameSquare FootagePriced From
The Bluffs2E1,272 Sq Ft$2,920
Timber Pointe Apartments1,267 Sq Ft$2,395
Sixteen30B21,189 Sq Ft$2,383
Enclave at 127th ApartmentsBuckingham1,186 Sq Ft$2,334
HighPoint Community ApartmentsChestnut 21,155 Sq Ft$1,809
Stone FallsTwo Bedroom, Luxury Package912 Sq Ft$1,219
Ravine Woods Apartments2 Bedroom - North900 Sq Ft$1,425
The Woodlands of Crest HillMaple816 Sq Ft$1,552
Tudor Park ApartmentsTwo Bedroom One Bathroom750 Sq Ft$1,209
311 N Ottawa St2 Bedroom740 Sq Ft$1,550

Cheapest Available Elwood and Nearby 2 Bedroom Apartments

As of June 18, 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 $2,369. 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
Ravine Woods Apartments2 Bedroom - North$1,425
311 N Ottawa St2 Bedroom$1,550
The Woodlands of Crest HillMaple$1,585
24138 - 24158 W Main St24138 W Main St Unit 102$1,650
HighPoint Community ApartmentsChestnut 1$1,809
Timber Pointe ApartmentsChestnut$2,145
The Legacy Apartments2 Bedroom$2,200
Sixteen30B1$2,248

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.

decorative image of people with a giant lease agreement

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

Explore Elwood, IL Rentals by Map

Decorative image of map

See the most popular apartments and homes in Elwood, IL

View MapElwood, IL Apartments MapView MapElwood, IL Rental Homes Map

Getting Around Elwood, IL

Walk Score®

7 / 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

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

The average rent for a 2 Bedroom Apartment in Elwood is $2,369.

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

Today's apartment with the most square footage in Elwood is a 1,272 square feet unit starting from $2,920 at The Bluffs.

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

The average size for a 2 Bedroom rental in Elwood is currently 1,219 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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

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.