2 Bedroom Apartments for Rent in Elwood, IL (55 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

Renting with Roommates: Realistic Expectations for Shared Lease

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Highland Ridge
$2,431 - $2,711
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$1,817 - $2,711

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2 Bedroom Apartments Available Jul 22

Highland Ridge

14158 S Hilltop LnLockport, IL 60441
Corporate Housing
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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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Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Renting Smart: Lease Basics Every Renter Needs

Demystify Your Rental Lease. Learn the basics about renting, deposits, and tenant/landlord responsibilities. Rent smart and avoid surprises. | Renter University at ApartmentHomeLiving.com

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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 $3,437. 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 $3,024. 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$3,437
Redwood LockportWillowood1,381 Sq Ft$3,024
The View at Rock Run CollectionC81,326 Sq Ft$2,551
The BluffsB5G1,272 Sq Ft$2,810
Timber Pointe ApartmentsDouglas Fir 21,269 Sq Ft$2,345
Enclave at 127thB41,186 Sq Ft$2,283
Reserve at RomeovilleHighlands1,185 Sq Ft$2,231
Sixteen30B11,176 Sq Ft$2,162
HighPoint Community ApartmentsChestnut 21,155 Sq Ft$2,146
Remington Apartment HomesMotivation1,089 Sq Ft$2,235

Cheapest Available Elwood and Nearby 2 Bedroom Apartments

As of June 10, 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 $2,492. 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
The Woodlands of Crest HillMaple 3$1,649
24138 - 24158 W Main St24138 W Main St Unit 102$1,650
Willow Run of Crest Hill2 bedroom/corner$1,689
10727 Green Meadows Dr2 Beds, 1 bath$1,800
Timber Pointe ApartmentsChestnut 2$2,145
HighPoint Community ApartmentsChestnut 2$2,146
The Port2A$2,150

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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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 $2,492.

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 $3,437 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 1,262 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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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.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.