
Cheap Apartments for Rent near Elwood, UT from $300 (36 Rentals)
Search the lowest-cost Apartments available for rent right now in Elwood.


Scenic View Apartment Homes

Twin Creek Apartments

Matheson Apartments

Bridger Pointe

Wasatch Pointe Apartments

Chloe's Pointe

Total Monthly Price
L59

Knox on 12th
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.

Lofts at 5 Points

North Pointe Apartments

Seasons on Mill Creek

Altura Apartments

Strata Apartments

Renewal on Third

Falls at Riverwoods Apartments and Townhomes

Total Monthly Price
Canyon Cove Apartments

Legacy Village Apartments
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.

Deer Creek Village

Four Seasons Apartments & Townhomes

619 W 2300 S

120 W 1st S

Hunters Landing

505 W 350 N

The Station at Pleasant View

Ridge View Apartments

320 W 6th S
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.

Providence Pointe

Valora

656 W 700 S

1720 E Main St

1637 Talon Dr

12 Fairway Ln

340 N 300 W

3805 N 3200 W

481 S Tremont St
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.
Elwood, UT Local Guide

How much does it cost to rent an apartment in Elwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elwood Studio Apartments | $1,379 | $325 | $2,128 |
| Elwood 1 Bedroom Apartments | $1,422 | $695 | $3,598 |
| Elwood 2 Bedroom Apartments | $1,569 | $856 | $3,075 |
| Elwood 3 Bedroom Apartments | $1,785 | $440 | $5,041 |
| Elwood 4 Bedroom Apartments | $535 | $445 | $695 |
Browse Top Apartments in Elwood
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Elwood, UT Local Guide
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Cheapest Available Elwood Apartments for Rent and Nearby
 The cheapest available apartment rental in Elwood, UT is a 1 Bed unit found at Twin Creek Apartments in the Wilson neighborhood priced from $925. Matheson Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,039. Here is today’s list of the most affordable Elwood apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Twin Creek Apartments | 1 Bedroom | 1BR,1BA | $925 |
| Matheson Apartments | 1 X 1 | 1BR,1BA | $1,039 |
| Bridger Pointe | The Birch | 1BR,1BA | $1,099 |
| Wasatch Pointe Apartments | Uinta 1 Bed 1 Bath | 1BR,1BA | $1,109 |
| Providence Pointe | 2 Bedroom | 2BR,2BA | $1,235 |
| Altura Apartments | The Providence | 1BR,1BA | $1,285 |
| Strata Apartments | Jade | 1BR,1BA | $1,295 |
| Knox on 12th | 2 Bedroom 1 Bathroom | 2BR,1BA | $1,324 |
| Falls at Riverwoods Apartments and Townhomes | 1x1A | 1BR,1BA | $1,324 |
| Canyon Cove Apartments | 2 Bedroom | 2BR,2BA | $1,330 |
Best Value Apartments for Rent in Elwood, UT and Nearby
As of July 12, 2026 the best value apartment in the Elwood area is the $1.19 price per square foot 2-Story Gregory Model at Villas at the Pointe in the in the Cold Springs Village neighborhood starting from $1,825. The second greatest value Elwood apartment is the 3 Bedroom Model at North Pointe Townhomes starting at $1,900 with a $1.30 price per square foot in the Country Boy Estates 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. |
|---|---|---|---|
| Villas at the Pointe | 2-Story Gregory | 3BR,2.5BA | $1.19 |
| North Pointe Townhomes | 3 Bedroom | 3BR,2.5BA | $1.30 |
| Copperwoods at Harrisville | Middle | 3BR,2.5BA | $1.28 |
| Oak Meadows | Meadow | 3BR,2BA | $1.24 |
| Ranches | 2x2.5 | 2BR,2.5BA | $1.41 |
| The Factory | Berkeley | 5BR,2BA | $0.39 |
| Maple Valley | Phase 1 - 3 Bed 2 Bath 2nd Level | 3BR,2BA | $1.14 |
| Canyon Cove Apartments | 2 Bedroom | 2BR,2BA | $1.18 |
| Brooklane Apartments | Annex | 6BR,6BA | $0.90 |
| Providence Pointe | 2 Bedroom | 2BR,2BA | $1.37 |
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.
Pet Friendly Lifestyle
Ranked #
Among cities in Utah for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
Pet Friendly
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Elwood, UT Rentals by Map
See the most popular apartments and homes in Elwood, UT
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 $925 at Twin Creek 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 $1,225 at Twin Creek Apartments.
What is the most affordable Elwood Three Bedroom Apartment?
The best deal on a cheap Elwood Three Bedroom Apartment rental is at North Pointe Apartments and starts from $1,388.
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.