Last updated on June 7, 2026

Average rent in
Elwood, NY

Median rent

Median rent in Elwood

$3,875/mo

decreased by14%

vs previous year

The average rent in Elwood is $3,875 per month as of June 2026. This is 99% above the national average rent, or $1,925 more per month.

$3.80

average price per square foot

Total rentals

Available rentals in Elwood

9

for rent on Zumper.com as of June 2026

Rent price distribution

Share of Elwood rentals at each price point

45%34%23%11%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 decreased by 19% over the last month and have decreased by 14% 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 $3,597, whereas a house costs $4,800. 1-bedroom apartments in Elwood run $2,300 on average, while 2-bedroom apartments are $3,000.

Listings

Studio

$1,450

No Change

-

1 bedroom

$3,405

No Change

-

2 bedroom

$3,486

No Change

-

3 bedroom

$4,300

33%

22%

4 bedroom

$5,250

23%

6%

Studio

Average rent

$1,450

1 bedroom

Average rent

$3,405

2 bedroom

Average rent

$3,486

3 bedroom

Average rent

$4,300

Last 30 days

33%

Last year

22%

4 bedroom

Average rent

$5,250

Last 30 days

23%

Last year

6%

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$3,875
increased by99%

higher than the national median

Median rent price$3,902
increased by100%

higher than the national median

Takeaway

The median rent for all rentals in Elwood, NY is 1% lower than the median rent in Centerport, NY.

Discover rentals in Elwood, NY

36 Burr Rd - Photo 1 of 1

5d+ ago

Apartment for rent in Elwood

MULTI_FAMILY - Other - East Northport, NY

36 Burr Rd, Elwood, NY 11731

1 bed

1 bath

$2,300

Apartment for rent

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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 $3,875 per month as of June 6, 2026.

Is rent up or down in Elwood?

Average rent prices in Elwood have decreased by 19% over the last month and have decreased by 14% since last year.

How does Elwood rent compare to the national average?

Rent in Elwood is 99% above the national average, which means renters are paying approximately $1,925 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 $155,000/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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