Cheap Apartments for Rent in Elwood, KS from $500 (25 Rentals)

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

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Elwood Homes
2 to 3 Bedroom Apartments

Elwood Homes

601 N 12th StWathena, KS 66090
  • Utilities Included
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115 S 13th St
1 Bedroom Apartments

115 S 13th St

115 S 13th StSt. Joseph, MO 64501

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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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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515 N 5th St
1 Bedroom Apartments

515 N 5th St

515 N 5th StSt. Joseph, MO 64501
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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

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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Lofts at 415
1 to 3 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
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Plaza Apartments
Studio to 3 Bedroom Apartments

Plaza Apartments

1821 Clay StSt. Joseph, MO 64501
  • Utilities Included
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Summit Place
1 to 3 Bedroom Apartments

Summit Place

516-520 N 10th 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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Lofts at Landmark
1 to 2 Bedroom Apartments

Lofts at Landmark

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

Wesley Senior Towers

1002 Francis StSt. Joseph, MO 64501
Senior Living
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CityView Lofts
Studio to 2 Bedroom Apartments

CityView Lofts

201 S 10th StSt. Joseph, MO 64501
  • Utilities Included
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San Regis Apartments
1 to 2 Bedroom Apartments

San Regis Apartments

1015 Faraon StSt. Joseph, MO 64501
  • Utilities Included

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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Everett Apartments
Studio to 3 Bedroom Apartments

Everett Apartments

826 S 14th StSt. Joseph, MO 64501
  • Utilities Included

Elwood, KS Local Guide

Cheapest Available Elwood Apartments for Rent and Nearby

 
Apartment ListingModel NameBed/BathPriced From
American Electric LoftsStudioStudio,1BA$750

Best Value Apartments for Rent in Elwood, KS and Nearby

As of April 07, 2026 the best value apartment in the Elwood area is the $0.98 price per square foot 5206 King Hill Ave Model at 5206 King Hill Ave, Unit Apartment C in the starting from $1,100. The second greatest value Elwood apartment is the Studio Model at American Electric Lofts starting at $750 with a $1.34 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.
5206 King Hill Ave, Unit Apartment C5206 King Hill Ave2BR,1BA$0.98
American Electric LoftsStudioStudio ,1BA$1.34
720 Faraon St, Unit 1720 Faraon St1BR,1BA$1.09
Mitchell Park PlazaS1 - Standard Studio (Pet Friendly)Studio ,1BA$1.44
2319 S 18th St2319 S 18th StStudio ,0.5BA$3.32

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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.

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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.

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Cash 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.

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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.

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

Explore Elwood, KS Rentals by Map

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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 $602.

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 $1,460 at American Electric Lofts.

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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

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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.

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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.

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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.