3 Bedroom Apartments for Rent in Elwood, IL (27 Rentals)

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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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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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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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Showing Results 1-27, 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 The Bluffs in the Rockdale Junction neighborhood and is 1,671 square feet priced from $3,048. Orland Ridge Towns and Villas in the Meadow Park neighborhood has the second largest 3 Bedroom, which is sized at 1,601 square feet and currently listed start at $3,567. Here is today’s list of the largest available 3 Bedroom units in Elwood:

Apartment ListingModel NameSquare FootagePriced From
The BluffsC2G1,671 Sq Ft$3,048
Orland Ridge Towns and VillasC21,601 Sq Ft$3,567
Seasons at Plainfield3A1,524 Sq Ft$2,995
Enclave at 127thC41,424 Sq Ft$2,689
Springs at Lockport3 BR Grand Overlook1,422 Sq Ft$2,726
The Belvedere ApartmentsAugusta 11,330 Sq Ft$3,095
Tudor Park ApartmentsT5Three Bedroom Townhome1,000 Sq Ft$1,499
Pheasant Run Apartmentssc3s1.5980 Sq Ft$1,735

Cheapest Available Elwood and Nearby 3 Bedroom Apartments

As of June 10, 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 $1,735 in the Sunset Point neighborhood. The average price for all 3 Bedroom apartments in Elwood is currently $3,023. 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$1,735
Enclave at 127thC4$2,689
The Legacy Apartments3 Bedroom$2,700
Springs at Lockport3 BR Grand Overlook$2,726
The BluffsC1G$2,993
Seasons at Plainfield3A$2,995
The Belvedere ApartmentsAugusta 1$3,095
Orland Ridge Towns and VillasC2$3,567

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 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 $3,023.

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

Today's apartment with the most square footage in Elwood is a 1,671 square feet unit starting from $3,048 at The Bluffs.

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

The average size for a 3 Bedroom rental in Elwood is currently 1,427 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.