Average Rent in Elwood, IN and Rent Price Trends

Rent price summary for
Elwood, IN

As of August 2025, the median rent for all bedroom counts and property types in Elwood, IN is $1,125. This is -44% lower than the national average.

$1.05

average price per square foot

Median rent

$1,125

18%

over the previous yearvs previous year

Total rentals

16

for rent on Zumper.com

As of August 2025, the median rent for all bedroom counts and property types in Elwood, IN is $1,125. This is -44% lower than the national average.

$1.05

average price per square foot

Rent ranges

74%

22%

$0-$750$0 - $750

$751-$1,500$751 - $1,500

$1,501-$2,250$1,501 - $2,250

Households

63%

37%

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 comparables in
Elwood, IN
The monthly rent for an apartment in Elwood, IN is $975. A 1-bedroom apartment in Elwood, IN costs about $905 on average, while a 2-bedroom apartment is $1,125. Houses for rent in Elwood, IN are more expensive, with an average monthly cost of $1,750.


1 bedroom	$700	1%	17%
2 bedroom	$1,095	No Change	3%
3 bedroom	$1,522	No Change	249%
4 bedroom	$2,100	No Change	-
Studio	$600	7%	36%


Apartments	$975	3%	No Change
Condos	$1,050	8%	-
Houses	$1,750	No Change	No Change

Studio

Average rent

$600

Last 30 days

Last year

36%

1 bedroom

Average rent

$700

Last 30 days

Last year

17%

2 bedroom

Average rent

$1,095

Last 30 days

No Change

Last year

3 bedroom

Average rent

$1,522

Last 30 days

No Change

Last year

249%

4 bedroom

Average rent

$2,100

The table above reflects average rent prices in Elwood, IN, 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, IN to other cities

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

Elwood

Median rent price$1,125

44%

lower than the national median

Median rent price$1,999

Equal to the the national median

Takeaway

The median rent for all rentals in Elwood, IN is 44% lower than the median rent in Atlanta, IN.

More data insights and reports

National Rent Report

Canadian 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.