2 Bedroom Apartments for Rent in Elwood, IN (44 Rentals)

312 S 18th St

Lions Creek

Federal Hill Apartments
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.

Autumn Breeze Apartments

NEXUS Apartments of Noblesville

East Bank

Northlake Village

Cumberland Pointe Apartments

Princeton Lakes

Rivers Edge Apartments I & II
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.

Villages on Madison Apartments

Grissom Estates Apartments

410 - WINDING BROOK APARTMENTS

Lakeview Court Apartments

Four Winds Apartments

Applecreek
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.

Redwood Noblesville Harewood Drive N

Hoosier Woods Apartments

32 Union Apartments

Kingston Green Apartments

Longfellow Plaza Affordable Senior Community

Cross Lakes Apartments
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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.

Bay Terrace Apartments

2613 Fowler St

6461 W 300 S

1427 Wayne St

9904 Bison Dr
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 | $1,138 | $650 | $1,417 |
Elwood 1 Bedroom Apartments | $1,363 | $250 | $2,834 |
Elwood 2 Bedroom Apartments | $1,597 | $780 | $3,255 |
Elwood 3 Bedroom Apartments | $1,822 | $825 | $3,706 |
Elwood 4 Bedroom Apartments | $1,026 | $850 | $1,180 |
Browse Top Apartments in Elwood
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Elwood, IN Local Guide
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Largest Available Elwood 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 1,327 square feet priced from $2,071. Federal Hill Apartments in the Pebble Brook neighborhood has the second largest 2 Bedroom, which is sized at 1,271 square feet and currently listed start at $2,034. 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 | Meadowood | 1,327 Sq Ft | $2,071 |
Federal Hill Apartments | Willow-B7 | 1,271 Sq Ft | $2,034 |
Northlake Village | Lake Ripley | 1,253 Sq Ft | $1,411 |
East Bank | Westport 2.2 | 1,209 Sq Ft | $2,155 |
Autumn Breeze Apartments | The Berkeley | Renovated | 1,180 Sq Ft | $1,635 |
The Levinson | The Pleasant | 1,134 Sq Ft | $1,895 |
NEXUS Apartments of Noblesville | Wilson | 1,123 Sq Ft | $1,790 |
32 Union Apartments | Kraft | 1,102 Sq Ft | $1,649 |
Tin Plate Apartments | 2 Beds, 2 Baths | 1,063 Sq Ft | $1,195 |
Cheapest Available Elwood 2 Bedroom Apartments
As of June 18, 2025 the lowest priced 2 Bedroom apartment unit in Elwood, IN is the 2BR/1BA Model starting from $790 at Lincolnwood Apartments . The second most affordable Elwood 2 Bedroom is the 2 Bed Room Model at Fox Acres Apartments starting at $840 . The average price for all 2 Bedroom apartments in Elwood is currently $1,597. Here is today’s list of the cheapest available 2 Bedroom options in Elwood:
Apartment Listing | Model Name | Priced From |
---|---|---|
Lincolnwood Apartments | 2BR/1BA | $790 |
Fox Acres Apartments | 2 Bed Room | $840 |
First Flats | 2bed/1bath Non-Renovated | $850 |
Cedar Ridge Townhomes | The Willow | $895 |
North Pointe Commons | 2BR/1BA | $900 |
410 - WINDING BROOK APARTMENTS | 2 Bedroom - 1st Floor | $959 |
Applecreek | .The Golden | $1,032 |
Villages on Madison Apartments | 2x1 R | $1,050 |
Grissom Estates Apartments | Two Bedroom | $1,095 |
Quick 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.
Pet Friendly LifestyleElwood, IN
Ranked #96
Among cities in Indiana for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Elwood, IN
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Getting Around Elwood, IN
Walk Score®
31 / 100
Car-Dependent
Most errands require a car
Bike Score®
39 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 Lincolnwood Apartments listed at $790.
How much is the average rent for a 2 Bedroom Elwood Apartment?
The average rent for a 2 Bedroom Apartment in Elwood is $1,597.
What is the largest available 2 Bedroom Elwood Apartment for rent?
Today's apartment with the most square footage in Elwood is a 1,327 square feet unit starting from $2,071 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 1,006 sq ft.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.