
2 Bedroom Apartments for Rent in Elwood, IN (61 Rentals)


Tin Plate Apartments

1831 N C St

2032 S J St

308-310 S Anderson St

1523 S J St

1639 S A St

1888 S 700 E

Lexington Arms Apartments

Pine Grove Apartments
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.

The Lofts @ Leeson’s

Lions Creek

Federal Hill

Autumn Breeze Apartments

Total Monthly Price
NEXUS Apartments of Noblesville

Fox Acres Apartments

Hyde Park Towns & Flats

East Bank

Harbour Town

Northlake Village
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.

Cumberland Pointe Apartments

Princeton Lakes

Kingston Green Apartments

Rivers Edge Apartments I & II

Cedar Ridge Townhomes

Grissom Estates Apartments

Villages on Madison Apartments

Applecreek

The Levinson

Sun Valley Townhomes
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.

Timbernest Townhomes

32 Union Apartments

Winding Brook Apartments

Lakeview Court Apartments

Redwood Noblesville Harewood Drive N

First Flats

Madison Lakes

1212 Meridian Flats

Cross Lakes

Turnberry Square Apartments
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

Total Monthly Price
Four Winds Apartments

Longfellow Plaza Affordable Senior Community

Courtyard Village Apartments

Bay Terrace Apartments

1531 Johnson Ave

1403 W 4th St

1720 W 24th St

223 E 11th St

2324 Chase St

113 N Harrison St
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.
Elwood, IN Local Guide

How much does it cost to rent an apartment in Elwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elwood Studio Apartments | $1,080 | $650 | $1,474 |
| Elwood 1 Bedroom Apartments | $1,417 | $250 | $2,372 |
| Elwood 2 Bedroom Apartments | $3,200 | $780 | $10,000+ |
| Elwood 3 Bedroom Apartments | $2,059 | $1,100 | $3,249 |
| Elwood 4 Bedroom Apartments | $1,429 | $1,399 | $1,460 |
Browse Top Apartments in Elwood
See all Apartments in ElwoodExplore Elwood
Elwood, IN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Largest Available Elwood and Nearby 2 Bedroom Apartments
The largest available 2 Bedroom apartment unit in Elwood, IN is found at Redwood Noblesville Harewood Drive N in the Brooks Chase neighborhood and is 1,294 square feet priced from $2,008. Northlake Village in the Stony Creek/Highland/Designer neighborhood has the second largest 2 Bedroom, which is sized at 1,253 square feet and currently listed start at $1,235. Here is today’s list of the largest available 2 Bedroom units in Elwood:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| Redwood Noblesville Harewood Drive N | Forestwood | 1,294 Sq Ft | $2,008 |
| Northlake Village | Lake Ripley | 1,253 Sq Ft | $1,235 |
| Cumberland Pointe Apartments | Coastal-U | 1,241 Sq Ft | $1,575 |
| Autumn Breeze Apartments | The Empress | Renovated | 1,231 Sq Ft | $1,859 |
| Hamilton Station Apartments | The Carmel | 1,200 Sq Ft | $1,804 |
| Hyde Park Towns & Flats | Stage 2.2 | 1,173 Sq Ft | $2,349 |
| Tin Plate Apartments | 2 Beds, 2 Baths | 1,154 Sq Ft | $1,095 |
| NEXUS Apartments of Noblesville | Wilson | 1,123 Sq Ft | $1,759 |
| Lions Creek | Two Bedroom One and a Half Bath Townhome | 1,116 Sq Ft | $1,649 |
| Villages on Madison Apartments | 2x1.5 R | 1,088 Sq Ft | $1,130 |
Cheapest Available Elwood and Nearby 2 Bedroom Apartments
As of June 08, 2026 the lowest priced 2 Bedroom apartment unit in Elwood, IN is the 2 Bed Room Model starting from $930 at Fox Acres Apartments . The second most affordable Elwood 2 Bedroom is the Townhouse Model at Sun Valley Townhomes starting at $935 . The average price for all 2 Bedroom apartments in Elwood is currently $3,200. Here is today’s list of the cheapest available 2 Bedroom options in Elwood:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| Fox Acres Apartments | 2 Bed Room | $930 |
| Sun Valley Townhomes | Townhouse | $935 |
| First Flats | Move In TODAY | $950 |
| Cedar Ridge Townhomes | The Willow | $955 |
| Winding Brook Apartments | 2 bedroom 2nd floor | $959 |
| Kingston Green Apartments | 2 TOWN HOUSE | $960 |
| Madison Lakes | Two Bedroom | $990 |
| Grissom Estates Apartments | Two Bedroom | $999 |
| Applecreek | The Golden | $1,032 |
| Villages on Madison Apartments | 2x1 R-Prem | $1,045 |
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.
Read ArticleQuick 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.
Best Local Schools in Elwood, IN
Elwood Junior-Senior High School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Elwood, IN Rentals by Map
See the most popular apartments and homes in Elwood, IN
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 Fox Acres Apartments listed at $930.
How much is the average rent for a 2 Bedroom Elwood Apartment?
The average rent for a 2 Bedroom Apartment in Elwood is $3,200.
What is the largest available 2 Bedroom Elwood Apartment for rent?
Today's apartment with the most square footage in Elwood is a 1,294 square feet unit starting from $2,008 at Redwood Noblesville Harewood Drive N.
What is the average size for Elwood 2 Bedroom Apartments for rent?
The average size for a 2 Bedroom rental in Elwood is currently 846 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

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.

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.

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.

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.