
Cheap Homes for Rent in Elwood, NY from $2,000 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Elwood.


127 E 12th St

6A James St

15 Highland Ave

9D Hemlock Dr

1 Hemlock Dr

7 Dickinson Ave

70 Broadway

725 Park Ave
Elwood, NY Local Guide

How much does it cost to rent a home in Elwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elwood 2 Bedroom Homes for Rent | $3,200 | $2,650 | $4,500 |
| Elwood 3 Bedroom Homes for Rent | $4,503 | $3,500 | $5,800 |
| Elwood 4 Bedroom Homes for Rent | $5,144 | $4,100 | $7,000 |
| Elwood 5 Bedroom Homes for Rent | $6,891 | $4,875 | $8,800 |
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Elwood, NY Local Guide
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Cheapest Available Elwood Apartments for Rent and Nearby
 The cheapest available apartment rental in Elwood, NY is a 1 Bed unit found at Zen Long Island at Wheatley Heights 55+ Community in the North Deer Park neighborhood priced from $1,940. Fairfield Station At Deer Park in the North Deer Park neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $2,055. Here is today’s list of the most affordable Elwood apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Zen Long Island at Wheatley Heights 55+ Community | Archdale | 1BR,1BA | $1,940 |
| Fairfield Station At Deer Park | The Reading | Studio,1BA | $2,055 |
| Fairfield At Smithtown | The Quinton | Studio,1BA | $2,095 |
Best Value Apartments for Rent in Elwood, NY and Nearby
As of November 16, 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 Ad... 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 3 Healy St, Unit A | 3 Healy St | 3BR,1BA | $2.17 |
| The Cornerstone at Hauppauge 55+ Active Ad... | 2 Bed 2 Bath Townhome | 2BR,2BA | $2.31 |
| Fairfield Knolls At Deer Park 55+ | LARK Lower End Residence With Porch 2BR 2BTH | 2BR,2BA | $3.30 |
| Fairfield Northport Harbor | The Seaside 3-10 | 1BR,1BA | $3.52 |
| Eagle Rock Apartments at Huntington Station | B1 - 2x1 | 2BR,1BA | $2.83 |
| Maple Crest Apartments at Dix Hills | One Bedroom | 1BR,1BA | $2.83 |
| Willow Lake | Model C 1 Bedroom Second Floor | 1BR,1BA | $3.43 |
| Fairfield At Deer Park | The Parkside | 1BR,1BA | $3.24 |
| Mayfair Gardens | One Bedroom | 1BR,1BA | $3.27 |
| Zen Long Island at Wheatley Heights 55+ Community | Archdale | 1BR,1BA | $3.13 |
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Best Local Schools in Elwood, NY
Harley Avenue Elementary School
Elwood John Glenn High School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Elwood
What type of rentals are currently available in Elwood?
There are currently 70 Apartments for Rent in Elwood, NY with pricing that ranges from $1,558 to $6,500. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elwood ranging from $2,000 to $15,000.
What is the current price range for Rental Homes in Elwood?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Elwood ranges from $2,000 to $15,000 with an average monthly rent of $6,245.
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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.

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.