Cheap Apartments for Rent in Elwood, NJ from $600 (14 Rentals)

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

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.

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.

Elwood, NJ Local Guide

Cheapest Available Elwood Apartments for Rent and Nearby

 

The cheapest available apartment rental in Elwood, NJ is a 2 Beds unit found at Brentwood Towers in the Garrison Estates neighborhood priced from $1,200. Regency East in the Garrison Estates neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,300. Here is today’s list of the most affordable Elwood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Brentwood Towers2 Bedroom2BR,1BA$1,200
Regency East1 Bedroom1BR,1BA$1,300
Deer Park ManorBasic model One1BR,1BA$1,325
Regency CourtOne Bedroom1BR,1BA$1,350
Barclay ApartmentsOne Bedroom1BR,1BA$1,395

Best Value Apartments for Rent in Elwood, NJ and Nearby

As of July 12, 2025 the best value apartment in the Elwood area is the $1.60 price per square foot Aspen III Model at Evergreen at Timber Glen in the in the Northwestern Atlantic City neighborhood starting from $2,656. The second greatest value Elwood apartment is the Two Bedroom 1.5 Bath - 1,212 sqft Model at Vineland Village Apartment Homes starting at $1,820 with a $1.50 price per square foot in the Garrison Estates neighborhood. 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.
Evergreen at Timber GlenAspen III3BR,2.5BA$1.60
Vineland Village Apartment HomesTwo Bedroom 1.5 Bath - 1,212 sqft2BR,1.5BA$1.50
Oak Valley ApartmentsTwo Bedroom First floor2BR,1BA$1.56
Brentwood Towers2 Bedroom2BR,1BA$1.19
East Park ApartmentsTwo Bedroom Remodel2BR,1BA$1.55
The Landings Apartment HomesOne Bedroom - 900 sqft1BR,1BA$1.78
Regency CourtTwo Bedroom2BR,1BA$1.81
Regency East1 Bedroom1BR,1BA$1.69
Spring Garden Apartments1 Bedroom Spring Gardens1BR,1BA$1.84
Barclay ApartmentsOne Bedroom1BR,1BA$1.86

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

Explore Elwood, NJ Rentals by Map

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Getting Around Elwood, NJ

Walk Score®

11 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

26 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Elwood Apartments

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

The lowest price for a Cheap One Bedroom Elwood Apartment is $1,300 at Regency East.

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 $1,200 at Brentwood Towers.

What is the most affordable Elwood Three Bedroom Apartment?

The best deal on a cheap Elwood Three Bedroom Apartment rental is at Northridge Townhomes and starts from $2,250.

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.

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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.