Cheap Apartments for Rent in the Elmwood Neighborhood of Buffalo, NY from $300 (123 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Elmwood area of Buffalo.

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140 North St
$900 - $1,025
Total Monthly Price

Total Monthly Price

Base Rent
$900 - $1,025
Total Monthly Price
$900 - $1,025
Studio to 1 Bedroom Apartment Available Now

140 North St

140 North StBuffalo, NY 14201
Affordability

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Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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property at 157 14th St

$1,150 - $1,200

1 To 2 Bedroom Rentals

Available Now

157 14th St

BuffaloNY14213
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608 Elmwood Ave, Unit 203-D
$1,165
Total Monthly Price

Total Monthly Price

Base Rent
$1,165
Total Monthly Price
$1,165
1 Bedroom Apartment Available Aug 1

608 Elmwood Ave, Unit 203-D

608 Elmwood AveBuffalo, NY 14222
Affordability
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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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property at 26 York St

$1,350

3 Bedroom Rentals

Available Now

26 York St

BuffaloNY14213
property at 40 North St

$1,350 - $1,675

1 Bedroom Rentals

Available Now

40 North St

BuffaloNY14202

Top Neighborhoods to Rent Near Major Employers in Buffalo

Find apartments for rent near Buffalo's biggest employers. Explore our guide to top neighborhoods for quality of life, affordability, and convenience across the city.

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Showing Results 1-50, Page 1 of 3

Elmwood, Buffalo, NY Local Guide

Cheapest Available Elmwood Apartments for Rent

 

The cheapest available apartment rental in the Elmwood area of Buffalo, NY is a Studio unit found at Hyde Park Apartments priced from $899. Gates Circle has the second lowest priced unit, which is a Studio apartment currently listed from $1,025. Here are the most affordable Elmwood apartments for rent in Buffalo, NY:

Apartment ListingModel NameBed/BathPriced From
Hyde Park ApartmentsStudioStudio,1BA$899
Gates CircleStudioStudio,1BA$1,025
211 Summer StStudioStudio,1BA$1,041
Trinity TowerStudioStudio,1BA$1,060
Jersey ApartmentsSide Unit1BR,1BA$1,100
346 Connecticut St1 Bedroom1BR,1BA$1,100
The Ambassadorstudio1BR,1BA$1,100
Delaware Court Apartments2 bedroom2BR,1BA$1,175

Best Value Apartments for Rent in Elmwood, NY

As of July 01, 2026 the best value apartment in the Elmwood area is the $0.47 price per square foot 90 Hoyt St Model at 90 Hoyt St, Unit upper in the in the West Side neighborhood starting from $1,365. The second greatest value Elmwood apartment is the 107 Baynes St Model at 107 Baynes St, Unit baynes starting at $1,295 with a $0.65 price per square foot in the West Side neighborhood. Here is today’s list of the best values for Elmwood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
90 Hoyt St, Unit upper90 Hoyt St3BR,1BA$0.47
107 Baynes St, Unit baynes107 Baynes St2BR,1BA$0.65
390 Linwood Ave, Unit 4390 Linwood Ave2BR,2BA$0.98
346 Connecticut St2 Bedroom2BR,1BA$1.15
709 Richmond Ave, Unit 1709 Richmond Ave3BR,1BA$1.20
395 Fargo Ave, Unit 395 Fargo ave395 Fargo Ave2BR,1BA$1.08
844 Richmond Ave2 bedroom townhouse2BR,1BA$1.18
482 West Ferry, Unit 482 Upper Unit482 West Ferry2BR,1BA$1.23
405 Elmwood Ave2 bd 1 bth2BR,1BA$1.20
384 Breckenridge St, Unit 1384 Breckenridge St2BR,1BA$0.99

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Top Neighborhoods Near Buffalo Colleges and Universities

Learn about the best Buffalo neighborhoods for student renters by our Buffalo, NY Local Expert Patrick Ryan

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, and customized analysis for Central Buffalo, NY. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and convenient access to the outdoors, transit availability, pet-friendly communities, family-friendliness, in addition to floorplans, availablity, and pricing. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Elmwood Apartments

What is the Cheapest Studio apartment in Elmwood?

Currently the most affordable Cheap Studio Apartment in Elmwood is at Hyde Park Apartments listed at $899.

How much is rent for a Cheap One Bedroom Elmwood Apartment?

The lowest price for a Cheap One Bedroom Elmwood Apartment is $995 at Hyde Park Apartments.

What is the lowest price for a Cheap Two Bedroom Elmwood Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Elmwood is starting from $1,175 at Delaware Court Apartments.

What is the most affordable Elmwood Three Bedroom Apartment?

The best deal on a cheap Elmwood Three Bedroom Apartment rental is at Nickel City Lofts and starts from $2,665.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Helpful Local Expert Guides

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A Local Experts Guide to the Top Neighborhoods for College Renters in Buffalo, NY

Written by: Patrick Ryan

There’s nothing better than living in a college town. The setting is vibrant, the people are happy and there’s always a good time to be had.

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Local Guide To the Best Budget-Friendly Neighborhoods to Rent in Buffalo

Written by: Patrick Ryan

Buffalo has emerged as one of the nation’s hottest real estate markets for good reason.

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Top Neighborhoods to Rent Near Major Employers in Buffalo

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Buffalo is quickly becoming one of the nation’s hottest housing markets. Featuring easy lake access, reasonably priced homes and apartments, mild summers and a burgeoning economy, Buffalo is now a magnet for movers and shakers.

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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

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