
Cheap Apartments for Rent near Elwood, NJ from $472 (46 Rentals)
Search the lowest-cost Apartments available for rent right now in Elwood.


Heritage Village at Galloway

Madison Court Apartments

The Arbors on Main Apartments

The Mews at St Mary's

Regency Court

Regency East

Oak Valley Apartments

East Park Apartments
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Deer Park Manor

MDR Apartments

Spring Garden Apartments

Brentwood Towers

Hi View

Landis Terrace

Barclay Apartments

Jefferson Village

Colonial Court Apartments
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.

Northridge Townhomes

Pleasant Acres

The Landings Apartment Homes

Cologne Gardens

Laurelton Village Apartments

Sunrise Bay

Hammonton Gardens

California Apartments

Taylor Woods Apartment Homes
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Vineland Village Apartment Homes

Evergreen at Timber Glen

Hamilton Greene

MI PLACE AT BRIGHTMOOR

The Residences at Harbor Landing

MI-Place at the Shore

Chestnut Court Apartments

Maple Jay apartments

Harbor Apartments - Egg Harbor NJ
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.

Greenwood Gardens

66 Old Egg Harbor Rd

66A Old Egg Harbor Rd

26 Colonial Ct

144 Club Pl

610 Noahs Rd

203 Colonial Ct

733 W White Horse Pike

244 Nelson Ave
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.

5251 S White Horse Pike
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 | $1,868 | $472 | $2,775 |
| Elwood 2 Bedroom Apartments | $2,204 | $586 | $3,285 |
| Elwood 3 Bedroom Apartments | $2,586 | $1,166 | $3,940 |
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 Regency Court in the Garrison Estates neighborhood priced from $1,250. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 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 |
| Deer Park Manor | One Bedroom | 1BR,1BA | $1,400 |
| Oak Valley Apartments | One Bedroom Second Floor | 1BR,1BA | $1,445 |
| Spring Garden Apartments | 1 Bedroom Spring Gardens | 1BR,1BA | $1,450 |
| MDR Apartments | One Bedroom | 1BR,1BA | $1,450 |
| Hi View | 1 BR | 1BR,1BA | $1,450 |
| Barclay Apartments | One Bedroom | 1BR,1BA | $1,475 |
| Jefferson Village | One Bedroom | 1BR,1BA | $1,565 |
Best Value Apartments for Rent in Elwood, NJ and Nearby
As of August 23, 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 Cedar Model at Taylor Woods Apartment Homes starting at $1,999 with a $1.76 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. |
|---|---|---|---|
| Evergreen at Timber Glen | Banyan III | 3BR,2.5BA | $1.67 |
| Taylor Woods Apartment Homes | Cedar | 2BR,2BA | $1.76 |
| The Landings Apartment Homes | One Bedroom - 900 sqft | 1BR,1BA | $1.87 |
| Hi View | 2 BR | 2BR,1BA | $1.99 |
| Oak Valley Apartments | One Bedroom Second Floor | 1BR,1BA | $1.76 |
| 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 | $1.97 |
| 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 $1,250 at Regency Court.
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 $1,695 at MDR 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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.