Cheap Apartments for Rent in Elwood, UT from $500 (6 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

Elwood, UT Local Guide

Cheapest Available Elwood Apartments for Rent and Nearby

 

The cheapest available apartment rental in Elwood, UT is a 1 Bed unit found at Homestead Collection Apartments in the Blackhawk neighborhood priced from $707. Scenic View Apartment Homes has the second lowest priced unit, which is a 2 Beds apartment currently listed from $895. Here is today’s list of the most affordable Elwood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Homestead Collection ApartmentsResidences 1X11BR,1BA$707
Scenic View Apartment Homes2 Beds, 1 Baths2BR,1BA$895
Twin Creek Apartments1 Bedroom1BR,1BA$925

Best Value Apartments for Rent in Elwood, UT and Nearby

As of September 15, 2025 the best value apartment in the Elwood area is the $0.43 price per square foot Denali Model at The Factory (new) in the in the Blackhawk neighborhood starting from $695. The second greatest value Elwood apartment is the 3 Bedroom 2.5 Bathroom Model at Smithfield Station Townhomes starting at $1,895 with a $1.23 price per square foot . 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.
The Factory (new)Denali4BR,3BA$0.43
Smithfield Station Townhomes3 Bedroom 2.5 Bathroom3BR,2.5BA$1.23
Patriot Pointe3x2.5-14353BR,2.5BA$1.20
Oak MeadowsMeadow3BR,2BA$1.07
North Pointe Townhomes2 Bedroom2BR,2.5BA$1.29
Maple ValleyPhase 1 - 3 Bed 2 Bath 2nd Level3BR,2BA$1.15
Homestead Collection ApartmentsMagnolia 2X22BR,2BA$1.11
Cambridge Court Apartments2 Bed2BR,1.5BA$1.16
Knox on 12th Street1x11BR,1BA$1.20
Scenic View Apartment Homes2 Beds, 1 Baths2BR,1BA$1.28

Quick 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.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Elwood, UT Rentals by Map

View Map
Elwood, UT Apartments Map
View Map
Elwood, UT Rental Homes Map

Getting Around Elwood, UT

Walk Score®

7 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

27 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 Hunters Landing listed at $1,049.

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

The lowest price for a Cheap One Bedroom Elwood Apartment is $707 at Homestead Collection Apartments.

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 $895 at Scenic View Apartment Homes.

What is the most affordable Elwood Three Bedroom Apartment?

The best deal on a cheap Elwood Three Bedroom Apartment rental is at North Pointe and starts from $1,388.

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 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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.