Älgaryd is a village in Värnamo Municipality, in Jönköping County, Sweden. Älgaryd lies at 219 m above sea level. The nearest city is Värnamo, 13.7 km to the west. Among the landmarks around are Nydala Abbey (16.2 km), Hjälmseryd old Church (20 km) and Rydaholms kyrka (22 km).