Cheap Apartments for Rent in Elwood, NJ from $600 (17 Rentals)

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

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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
Regency CourtOne Bedroom1BR,1BA$1,350
Barclay ApartmentsOne Bedroom1BR,1BA$1,395
Oak Valley ApartmentsOne Bedroom Second Floor1BR,1BA$1,445

Best Value Apartments for Rent in Elwood, NJ and Nearby

As of November 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 One Bedroom Model at The Woods at Blue Heron Pines starting at $2,000 with a $1.89 price per square foot in the Northwestern Atlantic City 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
The Woods at Blue Heron PinesOne Bedroom1BR,1BA$1.89
Brentwood Towers2 Bedroom2BR,1BA$1.19
The Landings Apartment HomesOne Bedroom - 900 sqft1BR,1BA$1.84
Regency CourtTwo Bedroom2BR,1BA$1.81
Oak Valley ApartmentsOne Bedroom Second Floor1BR,1BA$1.76
Deer Park ManorBasic model Two2BR,1BA$1.85
Regency East1 Bedroom1BR,1BA$1.69
Barclay ApartmentsOne Bedroom1BR,1BA$1.86
Landis TerraceOne Bedroom1BR,1BA$1.97

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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

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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.