Townhomes For Rent in Elwood, IN

1 rentals

  • 744 N 13th St #1, Elwood, IN 46036
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    APPLY INSTANTLY
    PET FRIENDLY
    $1,695/mo
    3 Beds
    2 Baths
    1,079 sqft
    744 N 13th St #1,
    Elwood, IN 46036

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Apartments For Rent Near Elwood, IN

We found 30 more apartments 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 townhome increased in Jun 2026 compared to the previous month. Rent for townhomes peaked in Jun 2025.
MonthAverage rent
Mar 2025$985
Apr 2025$920
May 2025$850
Jun 2025$1,695
Jul 2025$1,695
Oct 2025$1,695
Nov 2025$1,695
Dec 2025$1,535
Jan 2026$1,495
Apr 2026$850
Jun 2026$1,695
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Average Rent By Bedroom and Home Type

In June 2026, Apartments and Condos were the most affordable home type to rent compared with Houses and Townhomes.
1 bed2 beds3 beds4 bedsAll
All home types$725$1,055$1,695—$900
Townhomes——$1,695—$1,695
Apartments and Condos$725$1,250——$825
Houses—$599$1,750—$1,673
See more information about local market trends in Elwood, IN

Frequently Asked Questions about Townhomes for rent in Elwood, IN

  • What is the average rent of a townhome in Elwood, IN?
    The average rent of a townhome in Elwood, IN is $1,695 per month. This is about 13% lower than the national average.
  • When is the average rent cheapest in Elwood, IN?
    In the last year, the average rent in Elwood, IN was lowest in May 2025 when it was $850 per month.
  • When is the average rent most expensive in Elwood, IN?
    In the last year, the average rent in Elwood, IN was highest in Jun 2025 when it was $1,695 per month.
  • How many townhomes are available to rent in Elwood, IN?
    There are 1 available townhomes 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.