5+ Days Ago
Highlights
- Spacious layout
- Spacious layout
Location
2531 Elwood Ave, South Lake Tahoe, CA 96150, USA
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Property Overview
2531 Elwood Ave. receives a strong Zumper Expert Rating of 8 out of 10, highlighting its competitive pricing and excellent value with a price rating of 9. The property features a spacious layout and offers exceptional amenities, with a rating of 8, and is conveniently located just 1.4 miles from public transport, contributing to its location rating of 9. Trustworthiness is reflected in a rating of 7, showcasing transparency in its detailed descriptions.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Middle school nearby
Floor plans
| 1BR/1.0BA | 1 bed | 1 bath | 500 sqft | $1,765 /mo | 1 unit available | Great in-town location - renovated 1 bedroom, 1 bath downstairs unit with spacious layout. A pet with references will be considered. $1765 includes water/sewer, garbage, WIFI/Cable (Disney +, Paramount +, MAX and Peacock) and 1 designated parking space. 12 month lease. This property is very well maintained with landscaping, and a clean and comfortable outdoor common area. Contact Lake Valley Properties for more information or to view in person CADRE#02181841 |
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Amenities for 2531 Elwood Ave.
Tech
| Basic Cable | WiFi |
Other
| Water, Sewer and Garbage |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Building details
Property details
| Units | 5 |
|---|
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About 2531 Elwood Ave.
Great in-town location - renovated 1 bedroom, 1 bath downstairs unit with spacious layout. A pet with references will be considered. $1765 includes water/sewer, garbage, WIFI/Cable (Disney +, Paramount +, MAX and Peacock) and 1 designated parking space. 12 month lease. This property is very well maintained with landscaping, and a clean and comfortable outdoor common area. Contact Lake Valley Properties for more information or to view in person CADRE#02181841
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.0
/10
Very GoodWith a solid 8 out of 10 overall, 2531 Elwood Ave. is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 2531 Elwood Ave. has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·9A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
2531 Elwood Ave. stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, 2531 Elwood Ave. is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
2531 Elwood Ave. is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 2531 Elwood Ave. does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
2531 Elwood Ave. provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 2531 Elwood Ave. compares to other nearby properties.
Positives
- Middle school nearby
- There is a middle school 1 mile away
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Rent trends in South Lake Tahoe
1-bedroom apartments at 2531 Elwood Ave. cost about 14% more than the average rent price for 1-bedroom apartments in South Lake Tahoe.
Median rents as of Mar 7 2026.
South Lake Tahoe
| Month | Median Rent |
|---|---|
| March 2024 | $1,200 |
| April 2024 | $1,175 |
| May 2024 | $1,125 |
| June 2024 | $1,174 |
| July 2024 | $1,149 |
| August 2024 | $1,180 |
| September 2024 | $1,267 |
| October 2024 | $1,284 |
| November 2024 | $1,215 |
| December 2024 | $1,166 |
| January 2025 | $1,088 |
| February 2025 | $1,089 |
| March 2025 | $1,198 |
| April 2025 | $1,223 |
| May 2025 | $1,186 |
| June 2025 | $1,222 |
| July 2025 | $1,260 |
| August 2025 | $1,181 |
| September 2025 | $1,272 |
| October 2025 | $1,241 |
| November 2025 | $1,213 |
| December 2025 | $1,222 |
| January 2026 | $1,189 |
| February 2026 | $1,163 |
| March 2026 | $1,200 |
Affordability calculator
Can I afford to live at 2531 Elwood Ave?
Bedrooms
1 bedroomRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$70,600/yr
With your selected rent-to-income ratio, you'd ideally want to make $70,600 annually to afford this 1-bedroom monthly rent price of $1,765.
For more information on rent affordability, visit our rent calculator.
Schools near 2531 Elwood Ave.
Tahoe Valley Elementary School
943 tahoe island dr
south lake tahoe, CA, 96150
K-5Public
B-
Elevated Digital Learning Academy
1201 lyons ave
south lake tahoe, CA, 96150
K-12Public
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Internet available near 2531 Elwood Ave.
Neighborhood
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around South Lake Tahoe near 2531 Elwood Ave
Walking
5/10
Some shops and stores are within a few minutes.
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 2531 Elwood Ave, South Lake Tahoe
Groceries
9/10
At least one grocery store within a few minutes' walk
Shopping
4/10
Some shops within walking distance
Cafes
4/10
Some cafés within walking distance
Restaurants
6/10
Some restaurants within walking distance
Primary schools
3/10
At least one elementary school within a 30-minute walk
High schools
3/10
At least one high school within a 30-minute walk
Nightlife
4/10
Few or no bars within walking distance
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