3 Bedroom Apartments for Rent in Elwood, IN (34 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
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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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Tipton Terrace
3 Bedroom Apartments

Tipton Terrace

319 Terrace CtTipton, IN 46072
  • Utilities Included
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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$1,627
Cumberland Pointe ApartmentsLight-House U1,330 Sq Ft$1,754
32 Union ApartmentsUnion Chapel1,265 Sq Ft$1,918
Princeton Lakes3Bed/2Bath Up Mkt1,211 Sq Ft$1,569
Madison LakesThree Bedroom1,203 Sq Ft$1,170
Hoosier Woods3X2 HOME1,175 Sq Ft$803
Winding Brook Apartments3 Bedroom Town Home1,050 Sq Ft$1,249

Cheapest Available Elwood and Nearby 3 Bedroom Apartments

As of May 30, 2026 the lowest priced 3 Bedroom apartment unit in Elwood, IN is the 3X2 HOME Model starting from $803 at Hoosier Woods . 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 $1,952. Here is today’s list of the cheapest available 3 Bedroom options in Elwood:

Apartment ListingModel NamePriced From
Hoosier Woods3X2 HOME$803
Madison LakesThree Bedroom$1,170
Winding Brook Apartments3 Bedroom Town Home$1,249
Sun Valley TownhomesTownhouse$1,300
Princeton Lakes3Bed/2Bath Up Mkt$1,569
Northlake VillageLake Superior$1,627
Cumberland Pointe ApartmentsLight-House U$1,754
32 Union ApartmentsUnion Chapel$1,918
Lions CreekThree Bedroom Two Bathroom$1,979
Hyde Park Towns & FlatsTambourine 3.2$2,899

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 $803.

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

The average rent for a 3 Bedroom Apartment in Elwood is $1,952.

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 1,237 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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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.

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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.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.