Cheap Apartments for Rent in Elwood, NY from $1,500 (23 Rentals)

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

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.

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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.

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property at 6A James St

6A James St

Huntington StationNY11746

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.

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793 Fort Salonga Rd
2 Bedroom Apartments

793 Fort Salonga Rd

793 Fort Salonga RdNorthport, NY 11768
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Elwood, NY Local Guide

Cheapest Available Elwood Apartments for Rent and Nearby

 

The cheapest available apartment rental in Elwood, NY is a Studio unit found at Fairfield Station At Deer Park in the North Deer Park neighborhood priced from $2,055. Fairfield At Smithtown in the Village of the Branch neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $2,095. Here is today’s list of the most affordable Elwood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Fairfield Station At Deer ParkThe ReadingStudio,1BA$2,055
Fairfield At SmithtownThe QuintonStudio,1BA$2,095
Fairfield West At HauppaugeThe Sheffield LowerStudio,1BA$2,205
Fairfield At HauppaugeThe Savoy LowerStudio,1BA$2,210
Maple Crest Apartments at Dix HillsOne Bedroom1BR,1BA$2,275

Best Value Apartments for Rent in Elwood, NY and Nearby

As of December 01, 2025 the best value apartment in the Elwood area is the $2.17 price per square foot 3 Healy St Model at 3 Healy St, Unit A in the in the Caledonia neighborhood starting from $3,250. The second greatest value Elwood apartment is the 2 Bed 2 Bath Townhome Model at The Cornerstone at Hauppauge 55+ Active Adult Apartment Homes starting at $2,900 with a $2.31 price per square foot in the Courthouse Commons 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.
3 Healy St, Unit A3 Healy St3BR,1BA$2.17
The Cornerstone at Hauppauge 55+ Active Adult Apartment Homes2 Bed 2 Bath Townhome2BR,2BA$2.31
Fairfield Knolls At Deer Park 55+LARK Lower End Residence With Porch 2BR 2BTH2BR,2BA$3.30
Fairfield Northport HarborThe Seaside 3-101BR,1BA$3.52
Eagle Rock Apartments at Huntington StationB1 - 2x12BR,1BA$2.85
Maple Crest Apartments at Dix HillsOne Bedroom1BR,1BA$2.83
Willow LakeModel C 1 Bedroom Second Floor1BR,1BA$3.43
Fairfield At Deer ParkThe Parkside1BR,1BA$3.24
Mayfair GardensOne Bedroom1BR,1BA$3.27
Fairfield Village At CommackThe Madison II1BR,1BA$3.70

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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Elwood, NY

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Getting Around Elwood, NY

Walk Score®

61 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

45 / 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

What is the Cheapest Studio apartment in Elwood?

Currently the most affordable Cheap Studio Apartment in Elwood is at Fairfield Station At Deer Park listed at $2,055.

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

The lowest price for a Cheap One Bedroom Elwood Apartment is $2,200 at Fairfield Station At Deer Park.

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 $2,675 at Fairfield Station At Deer Park.

What is the most affordable Elwood Three Bedroom Apartment?

The best deal on a cheap Elwood Three Bedroom Apartment rental is at Fairfield Square at Huntington and starts from $3,375.

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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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! 

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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.

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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.