Elwood IN Apartments
16 rentals
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Apartments For Rent Near Elwood, IN
We found 1 more apartment matching your filters just outside Elwood
Average Rent Trends in Elwood, IN
Rent in Elwood, IN varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent for a apartment decreased in Nov 2026 compared to the previous month. Rent for apartments peaked in Aug 2025.
| Month | Average rent |
|---|---|
| Dec 2025 | $983 |
| Jan 2026 | $974 |
| Feb 2026 | $849 |
| Mar 2026 | $906 |
| Apr 2026 | $895 |
| May 2026 | $863 |
| Jun 2026 | $897 |
| Jul 2026 | $892 |
| Aug 2026 | $853 |
| Sep 2026 | $938 |
| Oct 2026 | $962 |
| Nov 2026 | $895 |
Average Rent By Bedroom and Home Type
In November 2026, Apartments and Condos were the most affordable home type to rent compared with Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $865 | $850 | $1,695 | $1,400 | $971 |
| Apartments and Condos | $925 | $850 | $1,500 | — | $925 |
| Houses | — | $549 | $1,700 | $1,400 | $1,300 |
Frequently Asked Questions about Apartments and Condos for rent in Elwood, IN
- What is the average rent of an apartment in Elwood, IN?The average rent of an apartment in Elwood, IN is $875 per month.
- When is the average rent for an apartment cheapest in Elwood, IN?In 2025, the average rent for an apartment in Elwood, IN was lowest in February when it was $852 per month.
- When is the average rent for an apartment most expensive in Elwood, IN?In 2025, the average rent for an apartment in Elwood, IN was highest in August when it was $1,195 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in Elwood, IN?The average rent of a 1 bedroom apartment in Elwood, IN is $850 per month. That is about $90 more than the cost of a studio apartment.
- How many apartments or condos are available to rent in Elwood, IN?There are 14 available apartments or condos to rent in Elwood, IN.
- What are some zip codes in Elwood, IN?Elwood, IN includes zip codes such as: 46036.
- What are some cities near Elwood, IN?Some nearby cities include: Orestes, Frankton, Hobbs, Windfall, Alexandria. These cities may have more rental options to explore.
View this page in Spanish: Elwood, IN Apartamentos - 50 Apartamentos | Trulia