
Cheap Homes for Rent in Elwood, NE from $500 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Elwood.


2409 D Ave

2409 D Avenue

217 9th St

1159 Ave I
Elwood, NE 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 | $1,175 | $1,100 | $1,200 |
| Elwood 3 Bedroom Homes for Rent | $2,000 | $2,000 | $2,000 |
| Elwood 5 Bedroom Homes for Rent | $1,800 | $1,800 | $1,800 |
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Elwood, NE Local Guide
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Cheapest Available Elwood Apartments for Rent and Nearby
 The cheapest available apartment rental in Elwood, NE is a 1 Bed unit found at Oak View Apartments priced from $600. Westside has the second lowest priced unit, which is a 2 Beds apartment currently listed from $615. Here is today’s list of the most affordable Elwood apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Oak View Apartments | 1 Bed 1 Bath | 1BR,1BA | $600 |
| Westside | 2 Bed 1 Bath | 2BR,1BA | $615 |
| Burlington Place | 1 Bed 1 Bath | 1BR,1BA | $645 |
Best Value Apartments for Rent in Elwood, NE and Nearby
As of November 15, 2025 the best value apartment in the Elwood area is the $1.25 price per square foot 2219 5th Ave Model at 2219 5th Ave, Unit 3 in the starting from $1,350. The second greatest value Elwood apartment is the Three Bedroom Two Bath Model at Village at Kearney Apartments starting at $955 with a $0.92 price per square foot . 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. |
|---|---|---|---|
| 2219 5th Ave, Unit 3 | 2219 5th Ave | 3BR,2BA | $1.25 |
| Village at Kearney Apartments | Three Bedroom Two Bath | 3BR,2BA | $0.92 |
| 815 W 26th St, Unit #4 | 815 W 26th St | 3BR,1BA | $1.20 |
| 6th Dimension Apartments | 2 Bedroom | 2BR,1BA | $1.02 |
| Lakeside | 2 Bed 1.5 Bath | 2BR,1.5BA | $0.87 |
| Westside | 2 Bed 1 Bath | 2BR,1BA | $0.74 |
| Burlington Place | 1 Bed 1 Bath | 1BR,1BA | $0.97 |
| 511 N Platte Ave, Unit 1A | 511 N Platte Ave | 2BR,1BA | $1.28 |
| Oak View Apartments | 1 Bed 1 Bath | 1BR,1BA | $0.96 |
| 609 Grant St, Unit #2 | 609 Grant St | Studio ,1BA | $1.00 |
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Frequently Asked Questions about Elwood
What type of rentals are currently available in Elwood?
There are currently 48 Apartments for Rent in Elwood, NE with pricing that ranges from $600 to $2,545. There are also 7 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elwood ranging from $560 to $2,000.
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 $560 to $2,000 with an average monthly rent of $1,383.
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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.