3 Bedroom Apartments for Rent near Elwood, IN (35 Rentals)

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Looking for the perfect new rental? Learn great ways to spot the perfect apartment for you, identify common red flags, and avoid rental issues and scams with these expert provided actionable tips.

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.

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

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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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Lincolnwood Apartments
3 Bedroom Apartments

Lincolnwood Apartments

2101 Mark LnKokomo, IN 46902
  • Utilities Included
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Tipton Terrace
3 Bedroom Apartments

Tipton Terrace

319 Terrace CtTipton, IN 46072
  • Utilities Included

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 $1,999. 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$1,999
Villages on Madison Apartments3x1.51,310 Sq Ft$1,190
32 Union ApartmentsUnion Chapel1,265 Sq Ft$1,847
Cumberland Pointe ApartmentsLight House-D1,248 Sq Ft$1,631
Autumn Breeze ApartmentsThe Majestic | Renovated1,233 Sq Ft$1,872
Madison LakesThree Bedroom1,203 Sq Ft$1,170
Princeton Lakes3Bed/2Bath Dn Mkt1,179 Sq Ft$1,759
Hoosier Woods3X2 HOME1,175 Sq Ft$1,008
Lakeview Court ApartmentsThe Cove1,129 Sq Ft$1,688

Cheapest Available Elwood and Nearby 3 Bedroom Apartments

As of August 30, 2026 the lowest priced 3 Bedroom apartment unit in Elwood, IN is the 3X2 60% Model starting from $1,109 at Hoosier Woods in the Anderson neighborhood. The second most affordable Elwood 3 Bedroom is the 3x2 Model at Turnberry Square Apartments starting at $1,140 . The average price for all 3 Bedroom apartments in Elwood is currently $2,039. Here is today’s list of the cheapest available 3 Bedroom options in Elwood:

Apartment ListingModel NamePriced From
Hoosier Woods3X2 60%$1,109
Turnberry Square Apartments3x2$1,140
Madison LakesThree Bedroom$1,170
Villages on Madison Apartments3x1.5$1,190
Four Winds Apartments3 Bed 1.5 Bath$1,220
Cumberland Pointe ApartmentsLight House-D$1,636
Lakeview Court ApartmentsThe Cove$1,688
Lions CreekThree Bedroom Two Bathroom$1,779
32 Union ApartmentsUnion Chapel$1,847
Autumn Breeze ApartmentsThe Majestic | Renovated$1,872

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 $1,109.

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

The average rent for a 3 Bedroom Apartment in Elwood is $2,039.

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 1,247 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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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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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.