Apartments for Rent in Elwood, IN Under $1,500 (56 Rentals)

312 S 18th St

2701 N C St

East Bank

Autumn Breeze Apartments
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.

Princeton Lakes

Harbour Town

NEXUS Apartments of Noblesville

32 Union Apartments

Lions Creek

Cumberland Pointe Apartments

Lakeview Court Apartments

Federal Hill Apartments

Grissom Estates Apartments

Rivers Edge Apartments I & II

Villages on Madison Apartments
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.

Northlake Village

Cross Lakes Apartments

Turnberry Square Apartments

Spacious 1, 2 & 3 Bedrooms!

Applecreek

North Pointe Commons

410 - WINDING BROOK APARTMENTS

Cedar Ridge Townhomes

Longfellow Plaza Affordable Senior Community
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Fox Acres Apartments

First Flats

Kingston Green Apartments

Harter House Anderson LLC

1212 Meridian St

2930 Albright

Hoosier Woods Apartments

Bay Terrace Apartments

The Towers at Southdale Affordable Senior

1315 W 5th St

411 E 15th St

1604 W 11th St

417 Central Ave

132 W 3rd St

1706 Costello Dr

1411 Nelle St

2409 E 8th St

278 W 375 N

229 W 2nd St

1023 E 8th St
Elwood, IN Local Guide

How much does it cost to rent an apartment in Elwood?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Elwood Studio Apartments | $1,128 | $650 | $1,417 |
Elwood 1 Bedroom Apartments | $1,315 | $250 | $2,734 |
Elwood 2 Bedroom Apartments | $1,523 | $790 | $3,135 |
Elwood 3 Bedroom Apartments | $1,792 | $825 | $3,446 |
Elwood 4 Bedroom Apartments | $873 | $850 | $896 |
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Elwood, IN Local Guide
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Quick 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.
Getting Around Elwood, IN
Walk Score®
31 / 100
Car-Dependent
Most errands require a car
Bike Score®
39 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Elwood
How much are Studio apartments in Elwood?
There are currently 6 Studio Apartments in Elwood with rent ranges from $650 to $1,417 with an average price of $1,128.
What is the current price range for One Bedroom Elwood Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Elwood ranges from $250 to $2,734 with an average monthly rent of $1,315.
What does renting a Two Bedroom Apartment in Elwood cost?
The monthly rent prices of Two Bedroom Apartments currently available in Elwood range from $790 to $3,135. Today's average rental price for Two Bedrooms here is $1,523.
How expensive are Elwood Three Bedroom Apartments?
There are currently 18 Three Bedroom Apartments listings available in Elwood on ApartmentHomeLiving.com. The pricing ranges from $825 to $3,446 - averaging $1,792 for the location.
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.

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.

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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.