
Cheap Apartments for Rent near Elwood, KS from $606 (24 Rentals)
Search the lowest-cost Apartments available for rent right now in Elwood.


Mitchell Park Plaza Apartment

Total Monthly Price
2319 S 18th St

Elwood Homes

115 S 13th St

Coffee House Properties, LLC

635-641 N 8th St

Texas Avenue Apartments
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515 N 5th St

Museum Hill

503 N 5th St

Lofts at 415

Corby Place

Alexandria Apartments

Plaza Apartments

Eugene Field Apartments
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Summit Place

Lofts at Landmark

Fourth Street Lofts

Lofts of Francis

Wesley Senior Towers

CityView Lofts

San Regis Apartments

Everett Apartments
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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.
Elwood, KS Local Guide

How much does it cost to rent an apartment in Elwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elwood Studio Apartments | $751 | $606 | $940 |
| Elwood 1 Bedroom Apartments | $978 | $700 | $1,600 |
| Elwood 2 Bedroom Apartments | $1,313 | $775 | $1,855 |
| Elwood 3 Bedroom Apartments | $1,065 | $1,006 | $1,145 |
Browse Top Apartments in Elwood
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Elwood, KS Local Guide
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Cheapest Available Elwood Apartments for Rent and Nearby
 The cheapest available apartment rental in Elwood, KS is a Studio unit found at Mitchell Park Plaza Apartment in the Buchanan County neighborhood priced from $628. 1115-1117 Felix St in the Buchanan County neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $680. Here is today’s list of the most affordable Elwood apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Mitchell Park Plaza Apartment | S1 - Standard Studio (Pet Friendly) | Studio,1BA | $628 |
| 1115-1117 Felix St | 0BR/1.0BA | Studio,1BA | $680 |
| American Electric Lofts | Studio | Studio,1BA | $885 |
| Lofts at 415 | Renovated 2BD/1BA | 2BR,1BA | $1,259 |
Best Value Apartments for Rent in Elwood, KS and Nearby
As of August 24, 2026 the best value apartment in the Elwood area is the $1.26 price per square foot Renovated 2BD/1BA Model at Lofts at 415 in the in the Buchanan County neighborhood starting from $1,259. The second greatest value Elwood apartment is the Studio Model at American Electric Lofts starting at $885 with a $1.60 price per square foot in the Buchanan County neighborhood. Here is today’s list of the best values for Elwood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Lofts at 415 | Renovated 2BD/1BA | 2BR,1BA | $1.26 |
| American Electric Lofts | Studio | Studio ,1BA | $1.60 |
| 1115-1117 Felix St | 0BR/1.0BA | Studio ,1BA | $1.51 |
| Mitchell Park Plaza Apartment | S1 - Standard Studio (Pet Friendly) | Studio ,1BA | $1.51 |
| 2319 S 18th St | 2319 S 18th St | Studio ,0.5BA | $3.70 |
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 ArticleReal 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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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Elwood, KS Rentals by Map
See the most popular apartments and homes in Elwood, KS
Frequently Asked Questions about Cheap Elwood Apartments
What is the Cheapest Studio apartment in Elwood?
Currently the most affordable Cheap Studio Apartment in Elwood is at Mitchell Park Plaza Apartment listed at $628.
What is the lowest price for a Cheap Two Bedroom Elwood Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Elwood is starting from $952 at Mitchell Park Plaza Apartment.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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.

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.

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.