3 Bedroom Apartments for Rent near Elwood, IL (31 Rentals)

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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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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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property at 211 Gladys Ave

$2,860

Total Monthly Price

Total Monthly Price

Base Rent
$2,860
Total Monthly Price
$2,860

3 Bedroom, 2.5 Bath Rentals

Available Now

211 Gladys Ave

JolietIL60436

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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property at 3107 Arborsedge Dr

$2,925

Total Monthly Price

Total Monthly Price

Base Rent
$2,925
Total Monthly Price
$2,925

3 Bedroom, 2.5 Bath Home for Rent

Available Now

3107 Arborsedge Dr

JolietIL60436

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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Showing Results 1-31, Page 1 of 1

Elwood, IL Local Guide

Largest Available Elwood and Nearby 3 Bedroom Apartments

The largest available 3 Bedroom apartment unit in Elwood, IL is found at Bellarmine Estates in the Sunset Point neighborhood and is 2,400 square feet priced from $2,195. Alice Mae Townhomes in the Orland Crossing neighborhood has the second largest 3 Bedroom, which is sized at 2,200 square feet and currently listed start at $3,399. Here is today’s list of the largest available 3 Bedroom units in Elwood:

Apartment ListingModel NameSquare FootagePriced From
Bellarmine Estates3BR/1.5BA2,400 Sq Ft$2,195
Alice Mae Townhomes3BR/3.5BA2,200 Sq Ft$3,399
The BluffsC2G1,671 Sq Ft$3,106
Sixteen30C11,426 Sq Ft$2,721
Enclave at 127thC4R1,424 Sq Ft$2,694
Springs at Lockport3 BR Grand Overlook1,422 Sq Ft$2,635
The Belvedere ApartmentsPebble Beach1,400 Sq Ft$3,195
Tudor Park ApartmentsT5Three Bedroom Townhome1,000 Sq Ft$1,499
Pheasant Run Apartmentssc3s1.5980 Sq Ft$1,785

Cheapest Available Elwood and Nearby 3 Bedroom Apartments

As of July 26, 2026 the lowest priced 3 Bedroom apartment unit in Elwood, IL is the Three Bedroom One Bathroom Model starting from $1,309 at Tudor Park Apartments in the Downtown neighborhood. The second most affordable Elwood 3 Bedroom is the sc3s1.5 Model at Pheasant Run Apartments starting at $1,785 in the Sunset Point neighborhood. The average price for all 3 Bedroom apartments in Elwood is currently $2,912. Here is today’s list of the cheapest available 3 Bedroom options in Elwood:

Apartment ListingModel NamePriced From
Tudor Park ApartmentsThree Bedroom One Bathroom$1,309
Pheasant Run Apartmentssc3s1.5$1,785
Bellarmine Estates3BR/1.5BA$2,195
Springs at Lockport3 BR Grand Overlook$2,635
Enclave at 127thC3$2,659
The Legacy Apartments3 Bedroom$2,700
Sixteen30C1$2,721
The BluffsC1G$3,051
The Belvedere ApartmentsAugusta 1$3,125
Alice Mae Townhomes3BR/3.5BA$3,399

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:
Location, Location, Location!

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Frequently Asked Questions about 3 Bedroom Elwood Apartments

What is the Cheapest apartment in Elwood with 3 Bedroom?

Currently the most affordable 3 Bedroom in Elwood is at Tudor Park Apartments listed at $1,309.

How much is the average rent for a 3 Bedroom Elwood Apartment?

The average rent for a 3 Bedroom Apartment in Elwood is $2,912.

What is the largest available 3 Bedroom Elwood Apartment for rent?

Today's apartment with the most square footage in Elwood is a 2,400 square feet unit starting from $2,195 at Bellarmine Estates.

What is the average size for Elwood 3 Bedroom Apartments for rent?

The average size for a 3 Bedroom rental in Elwood is currently 2,400 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

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

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

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.