3 Bedroom Apartments for Rent in Elwood, IN (38 Rentals)

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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.

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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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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

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Lincolnwood Apartments
3 Bedroom Apartments

Lincolnwood Apartments

2101 Mark LnKokomo, IN 46902
  • Utilities Included
  • Smoke Free
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Hoosier Woods
3 Bedroom Apartments

Hoosier Woods

3833 Hoosier Woods CtAnderson, IN 46013

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Tipton Terrace
3 Bedroom Apartments

Tipton Terrace

319 Terrace CtTipton, IN 46072
  • Utilities Included
Showing Results 1-38, Page 1 of 1

Elwood, IN Local Guide

Largest Available Elwood and Nearby 3 Bedroom Apartments

The largest available 3 Bedroom apartment unit in Elwood, IN is found at Hyde Park Towns & Flats in the Barrington Estates neighborhood and is 1,930 square feet priced from $3,249. Lions Creek in the Wareham's Pond neighborhood has the second largest 3 Bedroom, which is sized at 1,452 square feet and currently listed start at $2,079. Here is today’s list of the largest available 3 Bedroom units in Elwood:

Apartment ListingModel NameSquare FootagePriced From
Hyde Park Towns & FlatsVerse 3.2.5 + Bonus Room1,930 Sq Ft$3,249
Lions CreekThree Bedroom Townhome1,452 Sq Ft$2,079
Sun Valley TownhomesTownhouse1,408 Sq Ft$1,300
Northlake VillageLake Superior1,373 Sq Ft$1,672
Villages on Madison Apartments3x1.5 R-Prem1,310 Sq Ft$1,390
32 Union ApartmentsUnion Chapel1,265 Sq Ft$2,137
Princeton Lakes3Bed/2Bath Up Mkt1,211 Sq Ft$1,499
Madison LakesThree Bedroom1,203 Sq Ft$1,170
Hoosier Woods3X2 HOME1,175 Sq Ft$1,008
ApplecreekThe Braeburn1,128 Sq Ft$1,450

Cheapest Available Elwood and Nearby 3 Bedroom Apartments

As of July 15, 2026 the lowest priced 3 Bedroom apartment unit in Elwood, IN is the 3X2 HOME Model starting from $1,008 at Hoosier Woods in the Anderson neighborhood. The second most affordable Elwood 3 Bedroom is the Three Bedroom Model at Madison Lakes starting at $1,170 . The average price for all 3 Bedroom apartments in Elwood is currently $2,161. Here is today’s list of the cheapest available 3 Bedroom options in Elwood:

Apartment ListingModel NamePriced From
Hoosier Woods3X2 HOME$1,008
Madison LakesThree Bedroom$1,170
Winding Brook Apartments3 Bedroom Town Home$1,249
Sun Valley TownhomesTownhouse$1,300
Villages on Madison Apartments3x1.5 R-Prem$1,390
ApplecreekThe Braeburn$1,450
Princeton Lakes3Bed/2Bath Up Mkt$1,499
Northlake VillageLake Superior$1,672
Lions CreekThree Bedroom Two Bathroom$1,879
32 Union ApartmentsUnion Chapel$2,137

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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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 Hoosier Woods listed at $1,008.

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

The average rent for a 3 Bedroom Apartment in Elwood is $2,161.

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

Today's apartment with the most square footage in Elwood is a 1,930 square feet unit starting from $3,249 at Hyde Park Towns & Flats.

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

The average size for a 3 Bedroom rental in Elwood is currently 1,286 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

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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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.