3 Bedroom Apartments for Rent in Elwood, IN (46 Rentals)

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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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.

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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.

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Showing Results 1-46, Page 1 of 1

Elwood, IN Local Guide

Largest Available Elwood 3 Bedroom Apartments

The largest available 3 Bedroom apartment unit in Elwood, IN is found at Villages on Madison Apartments and is 1,310 square feet priced from $1,330. 32 Union Apartments in the Stony Creek/Highland/Designer neighborhood has the second largest 3 Bedroom, which is sized at 1,265 square feet and currently listed start at $1,799. Here is today’s list of the largest available 3 Bedroom units in Elwood:

Apartment ListingModel NameSquare FootagePriced From
Villages on Madison Apartments3x1.5 R-Prem1,310 Sq Ft$1,330
32 Union ApartmentsUnion Chapel1,265 Sq Ft$1,799
Cumberland Pointe ApartmentsLight House-D1,248 Sq Ft$1,753
Autumn Breeze ApartmentsThe Majestic | Renovated1,233 Sq Ft$1,765
Rivers Edge Apartments I & II3 Bedroom Townhome1,214 Sq Ft$1,565
Princeton Lakes3Bed/2Bath Up Mkt1,211 Sq Ft$1,770
Cedar Ridge TownhomesThe Sequoia1,211 Sq Ft$1,120
Lions CreekThree Bedroom Two Bathroom1,136 Sq Ft$1,646
Applecreek.The Braeburn1,128 Sq Ft$1,317
410 - WINDING BROOK APARTMENTS3 Bedroom Town Home1,050 Sq Ft$1,249

Cheapest Available Elwood 3 Bedroom Apartments

As of September 18, 2025 the lowest priced 3 Bedroom apartment unit in Elwood, IN is the 3 bed/2 bath Model starting from $1,040 at Turnberry Square Apartments . The second most affordable Elwood 3 Bedroom is the The Sequoia Model at Cedar Ridge Townhomes starting at $1,120 . The average price for all 3 Bedroom apartments in Elwood is currently $2,146. Here is today’s list of the cheapest available 3 Bedroom options in Elwood:

Apartment ListingModel NamePriced From
Turnberry Square Apartments3 bed/2 bath$1,040
Cedar Ridge TownhomesThe Sequoia$1,120
410 - WINDING BROOK APARTMENTS3 Bedroom Town Home$1,249
Applecreek.The Braeburn$1,317
Villages on Madison Apartments3x1.5 R-Prem$1,330
Rivers Edge Apartments I & II3 Bedroom Townhome$1,565
Lions CreekThree Bedroom Two Bathroom$1,646
Cumberland Pointe ApartmentsLight House-D$1,753
Autumn Breeze ApartmentsThe Empress | Renovated$1,755
Princeton Lakes3Bed/2Bath Up Mkt$1,770

Quick Rent Budget Calculator

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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.

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Pet Friendly Lifestyle
Elwood, IN

Ranked #76

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Best Local Schools in
Elwood, IN

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Elwood, IN Rentals by Map

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Getting Around Elwood, IN

Walk Score®

30 / 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 3 Bedroom Elwood Apartments

What is the Cheapest apartment in Elwood with 3 Bedroom?

Currently the most affordable 3 Bedroom in Elwood is at Turnberry Square Apartments listed at $1,040.

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

The average rent for a 3 Bedroom Apartment in Elwood is $2,146.

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

Today's apartment with the most square footage in Elwood is a 1,310 square feet unit starting from $1,330 at Villages on Madison Apartments.

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

The average size for a 3 Bedroom rental in Elwood is currently 1,352 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.

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.