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modified
Updated 5+ Days Ago

Highlights

  • Refrigerator included
  • Built-in shelving
  • Gas stove
  • Vinyl flooring throughout
  • No smoking
  • Large eat-in kitchen

Location

902 S Anderson St, Elwood, IN 46036, USA
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Contact

Management

Morgan Properties

Leasing office

(844) 237-3767 ext. 2893

Property Overview

902 S ANDERSON ST ELWOOD offers strong value with a 7.7/10 rating, highlighted by especially high marks for location, amenities, and price. It stands out for its competitive pricing and top-tier value per square foot, along with practical features like a refrigerator, gas stove, built-in shelving, vinyl flooring throughout, and a large eat-in kitchen.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

7.7
Very Good
902 S ANDERSON ST ELWOOD is worth considering and a notable rental in the neighborhood. Residents prioritizing Location will find this property to be a solid option for their next home. It may not stand out for Quality, but it offers a satisfying, above-average quality of life.

Things you’ll love

  • More space
  • Less expensive

Great for

  • Social life

Floor plans

902 S ANDERSON ST ELWOOD - 22 bed1.5 bath1,430 sqft$825 /mo902 S. Anderson #2 Elwood *Back To School Special- 2Nd Month Free Rent!* Sec Dep: $825.00 Rent: $191.00 Weekly, $382.00 Bi-Weekly, $825.00 Monthly 2 Bedroom, 1 ½ Bathroom Upper Apartment Located In Elwood. Hardwood Flooring Throughout. Dining Room. Kitchen Has An Electric Stove & Refrigerator Provided. Large Bedrooms. Vinyl Flooring In Half Bathroom & Full Bathroom. Full Bath Has A Tub And Shower Combo. Street Parking Available. No Smoking Allowed Inside Unit Or Building. Tenant Pays Electric. Owner Pays Gas, Water, Sewer, And Trash. Lawncare Is Provided. Pets May Be Negotiable With Owner'S Approval & A $300.00 Pet Deposit Per Pet & $25.00 Pet Fee Per Month, Per Pet, 2 Pet Max. Renter'S Insurance Required At Tenant Cost.

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Policies and fees

Applicants

Application Fee

Per-applicant. Agent application fee.

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REQUIRED FEES

Security Deposit

One-time.

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Questions about this property’s policies and fees?

Building details

Property details

Units1
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About 902 S ANDERSON ST ELWOOD

HomeApartments in Elwood 902 S ANDERSON ST ELWOOD

902 S. Anderson #2 Elwood *Back To School Special- 2Nd Month Free Rent!* Sec Dep: $825.00 Rent: $191.00 Weekly, $382.00 Bi-Weekly, $825.00 Monthly 2 Bedroom, 1 ½ Bathroom Upper Apartment Located In Elwood. Hardwood Flooring Throughout. Dining Room. Kitchen Has An Electric Stove & Refrigerator Provided. Large Bedrooms. Vinyl Flooring In Half Bathroom & Full Bathroom. Full Bath Has A Tub And Shower Combo. Street Parking Available. No Smoking Allowed Inside Unit Or Building. Tenant Pays Electric. Owner Pays Gas, Water, Sewer, And Trash. Lawncare Is Provided. Pets May Be Negotiable With Owner'S Approval & A $300.00 Pet Deposit Per Pet & $25.00 Pet Fee Per Month, Per Pet, 2 Pet Max. Renter'S Insurance Required At Tenant Cost.


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.
7.7
/10
Very Good
902 S ANDERSON ST ELWOOD is worth considering and a notable rental in the neighborhood. Residents prioritizing Location will find this property to be a solid option for their next home. It may not stand out for Quality, but it offers a satisfying, above-average quality of life.
How we rated 902 S ANDERSON ST ELWOOD
Price·8A 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.
Scoring a 8/10, 902 S ANDERSON ST ELWOOD is a great option for renters looking for apartments in this neighborhood. The rent is significantly lower than the median rent for the area, therefore this property is competitively priced for its location and its features. Residents here will find a home that meets their needs with few trade-offs.
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, 902 S ANDERSON ST ELWOOD 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.
902 S ANDERSON ST ELWOOD 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 902 S ANDERSON ST ELWOOD 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.
902 S ANDERSON ST ELWOOD 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.

902 S ANDERSON ST ELWOOD is great for:

Social life

  • 21 restaurants within 1 mile of this property
  • Areas nearby are accessible by walking
  • 7 museums, art galleries, or cultural centers within 1 mile
  • 3 local event hubs within 1 mile

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 902 S ANDERSON ST ELWOOD compares to other nearby properties.

Positives

More space
The 2-bedroom is 486 sqft larger than other listings nearby
Less expensive
The 2-bedrooms are cheaper than other similar listings nearby

Considerations

Lacks images
Fewer than 10 photos available for this location

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Rent trends in Elwood

2-bedroom apartments at 902 S ANDERSON ST ELWOOD cost about 31% less than the average rent price for 2-bedroom apartments in Elwood.

Median rents as of Jul 11 2026.
Elwood
A table of studio rental data trends in Elwood
MonthMedian Rent
September 2024$925
October 2024$925
November 2024$925
December 2024$925
January 2025$925
February 2025$893
March 2025$890
April 2025$850
September 2025$900
October 2025$914
November 2025$1,000
December 2025$1,000
January 2026$725
February 2026$725
March 2026$900
April 2026$845
May 2026$753
June 2026$900
July 2026$900

Affordability calculator

Can I afford to live at 902 S Anderson St?

Bedrooms

2 bedrooms

Rent-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

$33,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $33,000 annually to afford this 2-bedrooms monthly rent price of $825.
For more information on rent affordability, visit our rent calculator.

Schools near 902 S ANDERSON ST ELWOOD

Elwood Elementary School

940 n 19th st

elwood, IN, 46036

PK, K-2Public
B+

Elwood Intermediate School

1207 n 19th st

elwood, IN, 46036

3-6Public
C

Virtual Preparatory Academy of Indiana at Madison-Grant K-5

11580 s e 00 w

fairmount, IN, 46928

K-5Public
C
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Internet available near 902 S ANDERSON ST ELWOOD

Getting around Elwood near 902 S Anderson St

Walking

3/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).

Driving

10/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

3/10
This is semi-bikeable, but you’ll need another way of getting around.

Points of interest for 902 S Anderson St, Elwood

Groceries

2/10
At least one supermarket within a 30-minute walk

Shopping

3/10
Some shops within walking distance

Cafes

6/10
Some cafés within a few minutes’ walk

Restaurants

3/10
Some restaurants within walking distance

Primary schools

2/10
Closest elementary school further than a 30-minute walk

High schools

1/10
Closest high school further than a 30-minute walk

Nightlife

3/10
Some bars within walking distance

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