
Cheap Apartments for Rent in Elwood, NJ from $600 (54 Rentals)
Search the lowest-cost Apartments available for rent right now in Elwood.


Madison Court Apartments

The Arbors on Main Apartments

The Mews at St Mary's

Regency Court

Regency East

Oak Valley Apartments

East Park Apartments

Barclay Apartments

Deer Park Manor
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Brentwood Towers

MDR Apartments

Spring Garden Apartments

Chestnut Court Apartments

Landis Terrace

Hi View

Jefferson Village

Colonial Court Apartments

Northridge Townhomes

Pleasant Acres
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.

Vineland Village Apartment Homes

Cologne Gardens

Taylor Woods Apartment Homes

Sunrise Bay

The Landings Apartment Homes

Hammonton Gardens

California Apartments

Laurelton Village Apartments

Cresson Hill

Evergreen at Timber Glen
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.

The Residences at Harbor Landing

MI PLACE AT BRIGHTMOOR

MI-Place at the Shore

Hamilton Greene

Maple Jay apartments

Harbor Apartments - Egg Harbor NJ

Greenwood Gardens

1130 E Park Ave

15 W Redwood Ave

26 Colonial Ct
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.

400 N Packard St

56 A Oxford Village

203 Colonial Ct

610 Noahs Rd

144 Club Pl

217 Colonial Ct

100 Colonial Ct

49 Pheasant Meadow Dr

550 Central Ave

23 Memphis Ct
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
Elwood, NJ Local Guide

How much does it cost to rent an apartment in Elwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elwood Studio Apartments | $1,035 | $1,035 | $1,035 |
| Elwood 1 Bedroom Apartments | $1,880 | $630 | $3,230 |
| Elwood 2 Bedroom Apartments | $2,237 | $1,325 | $3,620 |
| Elwood 3 Bedroom Apartments | $2,635 | $1,750 | $3,565 |
Browse Top Apartments in Elwood
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Elwood, NJ Local Guide
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Cheapest Available Elwood Apartments for Rent and Nearby
 The cheapest available apartment rental in Elwood, NJ is a 1 Bed unit found at The Mews at St Mary's in the Brandywine Village neighborhood priced from $1,244. Regency Court in the Garrison Estates neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,250. Here is today’s list of the most affordable Elwood apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Mews at St Mary's | 1 Bed, 1 bath | 1BR,1BA | $1,244 |
| Regency Court | One Bedroom | 1BR,1BA | $1,250 |
| Regency East | 1 Bedroom | 1BR,1BA | $1,300 |
| East Park Apartments | 1 Bedroom | 1BR,1BA | $1,350 |
| Barclay Apartments | One Bedroom | 1BR,1BA | $1,395 |
| Deer Park Manor | One Bedroom | 1BR,1BA | $1,400 |
| Oak Valley Apartments | One Bedroom Second Floor | 1BR,1BA | $1,445 |
| Chestnut Court Apartments | Two Bedroom Chestnut Court | 2BR,1BA | $1,450 |
| Spring Garden Apartments | 1 Bedroom Spring Gardens | 1BR,1BA | $1,450 |
| MDR Apartments | One Bedroom | 1BR,1BA | $1,450 |
Best Value Apartments for Rent in Elwood, NJ and Nearby
As of July 08, 2026 the best value apartment in the Elwood area is the $1.67 price per square foot Banyan III Model at Evergreen at Timber Glen in the in the Northwestern Atlantic City neighborhood starting from $2,832. The second greatest value Elwood apartment is the Two Bedroom 2 Bath - 1,175 sqft Model at The Landings Apartment Homes starting at $2,050 with a $1.74 price per square foot in the Mount Pleasant neighborhood. 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. |
|---|---|---|---|
| Evergreen at Timber Glen | Banyan III | 3BR,2.5BA | $1.67 |
| The Landings Apartment Homes | Two Bedroom 2 Bath - 1,175 sqft | 2BR,2BA | $1.74 |
| Oak Valley Apartments | One Bedroom Second Floor | 1BR,1BA | $1.76 |
| Chestnut Court Apartments | Two Bedroom Chestnut Court | 2BR,1BA | $1.81 |
| Regency East | 1 Bedroom | 1BR,1BA | $1.69 |
| Spring Garden Apartments | 1 Bedroom Spring Gardens | 1BR,1BA | $1.91 |
| Regency Court | One Bedroom | 1BR,1BA | $1.65 |
| Barclay Apartments | One Bedroom | 1BR,1BA | $1.86 |
| The Mews at St Mary's | 1 Bed, 1 bath | 1BR,1BA | $1.69 |
| Deer Park Manor | One Bedroom | 1BR,1BA | $1.96 |
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.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Elwood, NJ Rentals by Map
See the most popular apartments and homes in Elwood, NJ
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 $1,244 at The Mews at St Mary's.
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 $1,450 at Chestnut Court Apartments.
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
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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.