Last updated on September 5, 2026

Average rent in
Elwood, NY

Median rent

Median rent in Elwood

$3,623/mo

increased by39%

vs previous year

The average rent in Elwood is $3,623 per month as of September 2026. This is 91% above the national average rent, or $1,723 more per month.

$3.36

average price per square foot

Total rentals

Available rentals in Elwood

5

for rent on Zumper.com as of September 2026

Rent price distribution

Share of Elwood rentals at each price point

50%38%25%13%0%
$0 - $1,500
$1,501 - $3,000
$3,001 - $4,500
$4,501 - $6,000
$6,001 - $50,000

This report has limited data.Due a shortage of data for this selected bedroom and/or property type in Elwood, NY, in the last 30 days, rent estimates may not represent the actual market.

Rent trends in Elwood, NY

Average rent prices in Elwood have increased by 118% over the last month and have increased by 39% since last year.

Rent trends

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

Compare rent prices in Elwood, NY

Rent prices in Elwood vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Elwood is $3,360, whereas a house costs $4,950. 1-bedroom apartments in Elwood run $3,230 on average, while 2-bedroom apartments are $3,785.

Listings

Studio

$1,350

No Change

6%

1 bedroom

$2,500

16%

9%

2 bedroom

$3,750

No Change

19%

3 bedroom

$4,527

33%

-

4 bedroom

$4,900

25%

69%

Studio

Average rent

$1,350

Last year

6%

1 bedroom

Average rent

$2,500

Last 30 days

16%

Last year

9%

2 bedroom

Average rent

$3,750

Last year

19%

3 bedroom

Average rent

$4,527

Last 30 days

33%

4 bedroom

Average rent

$4,900

Last 30 days

25%

Last year

69%

The table above reflects average rent prices in Elwood, NY, 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.

How does rent in Elwood, NY compare to other cities?

Compare median rent prices in Elwood and Centerport by all bedroom counts and property types.

Elwood

Median rent price$3,623
increased by91%

higher than the national median

Median rent price$3,242
increased by71%

higher than the national median

Takeaway

The median rent for all rentals in Elwood, NY is 12% higher than the median rent in Centerport, NY.

Stay up to date with rental market insights

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

Frequently asked questions for Elwood, NY

Quick answers to common questions about the Elwood rental market.

How much is rent in Elwood?

The average rent in Elwood is $3,623 per month as of September 5, 2026.

Is rent up or down in Elwood?

Average rent prices in Elwood have increased by 118% over the last month and have increased by 39% since last year.

How does Elwood rent compare to the national average?

Rent in Elwood is 91% above the national average, which means renters are paying approximately $1,723 more per month.

What salary do I need to afford rent in Elwood?

To comfortably afford rent in Elwood, you'd need to earn approximately $145,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

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