Elwood IN Apartments
22 rentals
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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 increased in Sep 2026 compared to the previous month. Rent for apartments peaked in Aug 2025.
| Month | Average rent |
|---|---|
| Oct 2025 | $862 |
| Nov 2025 | $1,028 |
| 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 |
Average Rent By Bedroom and Home Type
In September 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 | $825 | $1,025 | $1,400 | — | $1,025 |
| Apartments and Condos | $500 | $1,025 | $1,400 | — | $1,025 |
| Houses | — | $549 | $1,750 | — | $1,100 |
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 $971 per month. This is about 50% lower than the national average.
- When is the average rent for an apartment cheapest in Elwood, IN?In the last year, the average rent in Elwood, IN was lowest in Feb 2025 when it was $852 per month.
- When is the average rent for an apartment most expensive in Elwood, IN?In the last year, the average rent in Elwood, IN was highest in Aug 2025 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 $683 per month. That is about $115 less than the cost of a studio apartment.
- How many apartments or condos are available to rent in Elwood, IN?There are 21 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 - 40 Apartamentos | Trulia