Cheap Apartments for Rent in Elwood, KS from $500 (22 Rentals)

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Search the lowest-cost Apartments available for rent right now in Elwood.

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Elwood Homes
3 Bedroom Apartments

Elwood Homes

601 N 12th StWathena, KS 66090
  • Utilities Included
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Lofts at 415
2 Bedroom Apartments

Lofts at 415

415 N 3rd StSt. Joseph, MO 64501
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Corby Place
1 to 2 Bedroom Apartments

Corby Place

422 Felix StSt. Joseph, MO 64501
Senior Living
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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115 S 13th St
1 Bedroom Apartments

115 S 13th St

115 S 13th StSt. Joseph, MO 64501
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635-641 N 8th St
1 Bedroom Apartments

635-641 N 8th St

635-641 N 8th StSt. Joseph, MO 64501
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Plaza Apartments
Studio to 1 Bedroom Apartments

Plaza Apartments

1821 Clay StSt. Joseph, MO 64501
  • Utilities Included

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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Summit Place
1 to 3 Bedroom Apartments

Summit Place

516-520 N 10th StSt. Joseph, MO 64501
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Fourth Street Lofts
1 to 2 Bedroom Apartments

Fourth Street Lofts

216 N 4th StSt. Joseph, MO 64501
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Lofts at Landmark
1 to 2 Bedroom Apartments

Lofts at Landmark

210 N 4th StSt. Joseph, MO 64501
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Wesley Senior Towers
1 Bedroom Apartments

Wesley Senior Towers

1002 Francis StSt. Joseph, MO 64501
Senior Living
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515 N 5th St
1 Bedroom Apartments

515 N 5th St

515 N 5th StSt. Joseph, MO 64501

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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503 N 5th St
1 Bedroom Apartments

503 N 5th St

503 N 5th StSt. Joseph, MO 64501
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Museum Hill
1 to 3 Bedroom Apartments

Museum Hill

1404 Sylvanie StSt. Joseph, MO 64501
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Everett Apartments
Studio to 3 Bedroom Apartments

Everett Apartments

826 S 14th StSt. Joseph, MO 64501
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San Regis Apartments
1 to 2 Bedroom Apartments

San Regis Apartments

1015 Faraon StSt. Joseph, MO 64501
  • Utilities Included

Elwood, KS Local Guide

Cheapest Available Elwood Apartments for Rent and Nearby

 
Apartment ListingModel NameBed/BathPriced From
Mitchell Park PlazaS1 - Standard StudioStudio,1BA$600
American Electric LoftsOne Bedroom One Bath1BR,1BA$1,090

Best Value Apartments for Rent in Elwood, KS and Nearby

As of June 22, 2025 the best value apartment in the Elwood area is the $1.61 price per square foot One Bedroom One Bath Model at American Electric Lofts in the starting from $1,090. The second greatest value Elwood apartment is the 720 Faraon St Model at 720 Faraon St, Unit 2 starting at $550 with a $1.00 price per square foot . Here is today’s list of the best values for Elwood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
American Electric LoftsOne Bedroom One Bath1BR,1BA$1.61
720 Faraon St, Unit 2720 Faraon St1BR,1BA$1.00
Mitchell Park PlazaS4 - 1st Floor StudioStudio ,1BA$1.49

Quick Rent Budget Calculator

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Elwood, KS Rentals by Map

View MapElwood, KS Apartments MapView MapElwood, KS Rental Homes Map

Getting Around Elwood, KS

Walk Score®

13 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

31 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 listed at $600.

How much is rent for a Cheap One Bedroom Elwood Apartment?

The lowest price for a Cheap One Bedroom Elwood Apartment is $795 at Mitchell Park Plaza.

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 $925 at Mitchell Park Plaza.

What is the most affordable Elwood Three Bedroom Apartment?

The best deal on a cheap Elwood Three Bedroom Apartment rental is at Mitchell Park Plaza and starts from $1,195.

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

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.

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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.

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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.