
Homes for Rent in Elwood, IN Under $1,500 (26 Rentals)


1604 W 11th St

1614 W 18th St

2903 W 22nd St

1716 Drexel Dr

406 W 6th St

1404 Walton St

229 W 2nd St
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.

2140 Crystal St

826 W 2nd St

510 W 5th St

113 N Harrison St

2121 Euclid Dr

1535 W 21st St

2115 W 8th St

121 Donnelly Dr
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.

231 E 13th St

2111 W 8th St

1707 W 12th St

1514 W 4th St

102 N Main St

519 W 2nd St

330 W 6th St

21 W 8th St
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.

309.5 Central Ave

336 W 6th St
Elwood, IN Local Guide

How much does it cost to rent a home in Elwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elwood 2 Bedroom Homes for Rent | $981 | $750 | $1,350 |
| Elwood 3 Bedroom Homes for Rent | $1,440 | $1,050 | $2,515 |
| Elwood 4 Bedroom Homes for Rent | $1,400 | $1,400 | $1,400 |
| Elwood 5 Bedroom Homes for Rent | $1,797 | $1,495 | $2,100 |
Browse Top Homes for Rent in Elwood
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Elwood, IN Local Guide
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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.
Read ArticleThe 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.
Best Local Schools in Elwood, IN
Elwood Junior-Senior High School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Elwood
What type of rentals are currently available in Elwood?
There are currently 54 Apartments for Rent in Elwood, IN with pricing that ranges from $250 to $930,980. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elwood ranging from $625 to $2,515.
What is the current price range for Rental Homes in Elwood?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Elwood ranges from $625 to $2,515 with an average monthly rent of $1,180.
How much are larger Three and Four Bedroom Rentals in Elwood?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Elwood range from $803 to $3,450, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,050 to $2,515. Four Bedroom Single-Family rentals are also available starting from $1,400 and Four Bedroom Apartments start at $865.
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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

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.