1. Atlas Home
2. New York
3. Elwood
Rentometer Atlas BETA

Elwood’s rental market offers a distinctive blend of suburban charm and convenient access to New York’s vibrant metropolitan amenities. Prospective renters are drawn to the area’s tree‑lined streets, well‑maintained parks, and the close proximity of the Long Island Rail Road, which provides a swift commute to Manhattan and neighboring hubs such as Smithtown and St. James. The community’s quiet, family‑friendly atmosphere is complemented by a variety of local shops, dining options, and cultural attractions like the historic Elwood Lighthouse and nearby waterfront recreation sites, making it an appealing choice for both professionals and growing families.

Housing options in Elwood span from modern apartments to spacious single‑family homes, with a particular emphasis on larger residences that accommodate multi‑generational living or home‑based workspaces. For those seeking ample space, four‑bedroom houses dominate the market, with average rents hovering near the $4,900 range and median figures around $5,000. These homes often feature generous yard space, updated kitchens, and easy access to reputable schools, reinforcing Elwood’s reputation as a desirable location for long‑term renters seeking comfort and convenience.

Overall, the Elwood rental landscape reflects a balanced mix of affordability and quality, supported by a strong sense of community and excellent transportation links. Whether you’re looking for a cozy apartment close to commuter lines or a roomy family home near top‑rated schools and local amenities, Elwood presents a welcoming environment that caters to a diverse range of lifestyle needs within the New York rental market.

Elwood Rent by Property Type & Bedroom Count

In the current period, the average rent in Elwood was $4,667 for 4+ Bedroom.
Note: This analysis includes only bedroom types with sufficient data.

Data provided by Rentometer, Inc.