
Luxury Apartments for Rent in Elwood, IL (35 Rentals)
The most luxurious Apartments in Elwood with high-end amenities, features, and finishes.


Reserve at Romeoville

Remington Apartment Homes

Sixteen30

The View at Rock Run Collection

Seasons at Plainfield

Enclave at 127th

The Legacy Apartments

The Bluffs

Springs at Lockport
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.

Village Place Apartments

Lincoln Station Rowhomes

Total Monthly Price
Highland Ridge

The Belvedere Apartments

Redwood Lockport

Total Monthly Price
Orland Ridge Towns and Villas

Alice Mae Townhomes

114 E 13th St

510 N Raynor Ave

4909 Courtland Cir
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.

1925 S State St

2522 Reflections Dr

1227 Rock Run Crossings Dr

34500 S Lakeside Terrace

15030 W Cyrus Dr

5106 Turnberry Ct

407 Greenfield Rd

2031 Isabella Ln

1013 Stonegate Rd

3603 Flowermeadow Ct
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.

2959 Rebecca Dr

25451 Medinah Ln

5103 Gardiner Glenn Dr

305 N Reed St

HighPoint Community Apartments
Elwood, IL Local Guide

How much does it cost to rent an apartment in Elwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elwood Studio Apartments | $1,724 | $895 | $2,623 |
| Elwood 1 Bedroom Apartments | $1,982 | $949 | $3,030 |
| Elwood 2 Bedroom Apartments | $2,552 | $1,150 | $4,373 |
| Elwood 3 Bedroom Apartments | $3,078 | $1,309 | $4,784 |
| Elwood 4 Bedroom Apartments | $3,778 | $3,778 | $3,778 |
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Elwood, IL Local Guide
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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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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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Elwood, IL Rentals by Map
See the most popular apartments and homes in Elwood, IL
Frequently Asked Questions about Elwood
How much are Studio apartments in Elwood?
There are currently 12 Studio Apartments in Elwood with rent ranges from $895 to $2,623 with an average price of $1,724.
What is the current price range for One Bedroom Elwood Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Elwood ranges from $949 to $3,030 with an average monthly rent of $1,982.
What does renting a Two Bedroom Apartment in Elwood cost?
The monthly rent prices of Two Bedroom Apartments currently available in Elwood range from $1,150 to $4,373. Today's average rental price for Two Bedrooms here is $2,552.
How expensive are Elwood Three Bedroom Apartments?
There are currently 18 Three Bedroom Apartments listings available in Elwood on ApartmentHomeLiving.com. The pricing ranges from $1,309 to $4,784 - averaging $3,078 for the location.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.