Bedroom count

Property type

Last updated on November 18, 2025

Average rent in
Elwood, IL

Last updated on November 18, 2025

Last updated on November 18, 2025

Bedroom count

Property type

As of November 2025, the median rent for all bedroom counts and property types in Elwood, IL is $2,045. This is +7%, or $125, higher than the national average.

$1.74

average price per square foot

Median rent

$2,045

As of November 2025, we do not have enough inventory to generate median rent for all bedroom counts and property types in Elwood, IL. Please check back soon.

Total rentals

22

for rent on Zumper.com

As of November 2025, the median rent for all bedroom counts and property types in Elwood, IL is $2,045. This is +7%, or $125, higher than the national average.

$1.74

average price per square foot

Rent ranges

27%
73%
$0-$1,500$0 - $1,500
$1,501-$3,000$1,501 - $3,000

Households

87%
13%
Owner-occupied
Renter-occupied

Median rent and rent ranges are based on Zumper inventory in the last 30 days. Household data are provided by the US Census Bureau.

Rent price trends in
Elwood, IL

Rent price trends

Rent prices for all bedroom counts and property types in Elwood, IL have remained the same in the last month.

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Rent comparables in
Elwood, IL

The monthly rent for an apartment in Elwood, IL is $1,625. A 1-bedroom apartment in Elwood, IL costs about $1,200 on average, while a 2-bedroom apartment is $1,724. Houses for rent in Elwood, IL are more expensive, with an average monthly cost of $2,200.

Comparables

1 bedroom

$1,200

-

-

2 bedroom

$1,650

No Change

-

3 bedroom

$2,100

No Change

-

4 bedroom

$2,825

No Change

-

1 bedroom

Average rent

$1,200

2 bedroom

Average rent

$1,650

3 bedroom

Average rent

$2,100

4 bedroom

Average rent

$2,825

The table above reflects average rent prices in Elwood, IL, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

Compare rent prices in Elwood, IL to other cities

Median rent prices in Elwood, IL for all bedroom counts and property types compared to Bourbonnais, IL.

Elwood

Median rent price$2,045
increased by7%

higher than the national median

Median rent price$1,400
decreased by27%

lower than the national median

Takeaway

The median rent for all rentals in Elwood, IL is 46% higher than the median rent in Bourbonnais, IL.

More data insights and reports

View the National Rent Report

National Rent Report

View the Canadian Rent Report

Canadian Rent Report

View the Annual Rent Report

Annual Rent Report

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Average rent in
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