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$725Studio Apartment Available Now
902 S Anderson St, Unit 1
902 S Anderson StElwood, IN 46036
Studio Apartments for Rent in Elwood, IN (9 Rentals)
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Studio Apartments
Duck Creek
239 N 13th StElwood, IN 46036
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Studio Apartments
Pine Grove Apartments
3033 S P StElwood, IN 46036
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Rent Specials
$1,184 - $1,721Studio Apartments Available Now
Federal Hill Apartments
196 Westfield RdNoblesville, IN 46060
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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Rent Specials
$1,255Studio Apartments Available Apr 4
NEXUS Apartments of Noblesville
7983 Stayer DrNoblesville, IN 46062
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$1,299 - $1,585Studio Apartments Available Now
East Bank
490 Maple AveNoblesville, IN 46060
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$790Studio Apartments Available Now
Longfellow Plaza Affordable Senior Community
319 E 12th StAnderson, IN 46016
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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$650Studio Apartments Contact Us For Availability
Bay Terrace Apartments
530 Alhambra DrAnderson, IN 46012
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Elwood, IN Local Guide
Indiana Sunset by Barbara Eckstein is licensed under CC BY 2.0
How much does it cost to rent an apartment in Elwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
Elwood Studio Apartments | $1,186 | $650 | $1,721 |
| Elwood 1 Bedroom Apartments | $1,403 | $250 | $2,211 |
| Elwood 2 Bedroom Apartments | $1,668 | $700 | $2,581 |
| Elwood 3 Bedroom Apartments | $1,988 | $803 | $3,249 |
| Elwood 4 Bedroom Apartments | $1,172 | $865 | $1,460 |
Browse Top Apartments in Elwood
See all Apartments in ElwoodExplore Elwood
Elwood, IN Local Guide
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Largest Available Elwood Studio Apartments
The largest available Studio apartment unit in Elwood, IN is found at Federal Hill Apartments in the Stony Creek/Highland/Designer neighborhood and is 563 square feet priced from $1,184. East Bank has the second largest Studio, which is sized at 524 square feet and currently listed start at $1,299. Here is today’s list of the largest available Studio units in Elwood:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| Federal Hill Apartments | Basswood-S1 | 563 Sq Ft | $1,184 |
| East Bank | Billie 0.1 | 524 Sq Ft | $1,299 |
| Longfellow Plaza Affordable Senior Community | Studio | 479 Sq Ft | $790 |
Cheapest Available Elwood Studio Apartments
As of January 20, 2026 the lowest priced Studio apartment unit in Elwood, IN is the Studio Model starting from $790 at Longfellow Plaza Affordable Senior Community . The second most affordable Elwood Studio is the Basswood-S1 Model at Federal Hill Apartments starting at $1,184 in the Stony Creek/Highland/Designer neighborhood. The average price for all Studio apartments in Elwood is currently $1,186. Here is today’s list of the cheapest available Studio options in Elwood:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| Longfellow Plaza Affordable Senior Community | Studio | $790 |
| Federal Hill Apartments | Basswood-S1 | $1,184 |
| East Bank | Billie 0.1 | $1,299 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
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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.
Read ArticleCash 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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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Best Local Schools in Elwood, IN
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Elwood, IN
Frequently Asked Questions about Studio Elwood Apartments
What is the Cheapest apartment in Elwood with Studio?
Currently the most affordable Studio in Elwood is at Longfellow Plaza Affordable Senior Community listed at $790.
How much is the average rent for a Studio Elwood Apartment?
The average rent for a Studio Apartment in Elwood is $1,186.
What is the largest available Studio Elwood Apartment for rent?
Today's apartment with the most square footage in Elwood is a 563 square feet unit starting from $1,184 at Federal Hill Apartments.
What is the average size for Elwood Studio Apartments for rent?
The average size for a Studio rental in Elwood is currently 490 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
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!