3 Bedroom Apartments for Rent in Elwood, IN (44 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.

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.

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.

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.

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.

Elwood, IN Local Guide

Largest Available Elwood 3 Bedroom Apartments

The largest available 3 Bedroom apartment unit in Elwood, IN is found at Lions Creek in the Wareham's Pond neighborhood and is 1,452 square feet . Northlake Village in the Stony Creek/Highland/Designer neighborhood has the second largest 3 Bedroom, which is sized at 1,373 square feet and currently listed start at $1,822. Here is today’s list of the largest available 3 Bedroom units in Elwood:

Apartment ListingModel NameSquare FootagePriced From
Lions CreekThree Bedroom Townhome1,452 Sq FtCall for Rates
Northlake VillageLake Superior1,373 Sq Ft$1,822
Cumberland Pointe ApartmentsLight-House U1,330 Sq Ft$1,756
Villages on Madison Apartments3x1.5 R-Prem1,310 Sq Ft$1,330
32 Union ApartmentsUnion Chapel1,265 Sq Ft$1,899
Autumn Breeze ApartmentsThe Majestic1,233 Sq Ft$1,819
Princeton Lakes3Bed/2Bath Up Mkt1,211 Sq Ft$1,770
410 - WINDING BROOK APARTMENTS3 Bedroom Town Home1,050 Sq Ft$1,249
Turnberry Square Apartments3 bed/2 bath998 Sq Ft$1,040

Cheapest Available Elwood 3 Bedroom Apartments

As of August 03, 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 3 Bedroom Town Home Model at 410 - WINDING BROOK APARTMENTS starting at $1,249 . The average price for all 3 Bedroom apartments in Elwood is currently $2,177. 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
410 - WINDING BROOK APARTMENTS3 Bedroom Town Home$1,249
Villages on Madison Apartments3x1.5 R-Prem$1,330
Lions CreekThree Bedroom Two Bathroom$1,645
Autumn Breeze ApartmentsThe Empress | Renovated$1,740
Cumberland Pointe ApartmentsLight-House U$1,756
Princeton Lakes3Bed/2Bath Up Mkt$1,770
Northlake VillageLake Superior$1,822
32 Union ApartmentsUnion Chapel$1,899

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Elwood, IN

Ranked #73

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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

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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

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 $2,177.

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

Today's apartment with the most square footage in Elwood is a 1,452 square feet unit at Lions Creek.

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

The average size for a 3 Bedroom rental in Elwood is currently 1,327 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 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.

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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.

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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.