
Cheap Apartments for Rent in the Elmwood Neighborhood of Buffalo, NY from $300 (30 Rentals)
Search the lowest-cost Apartments available for rent right now in the Elmwood area of Buffalo.


The Residence on North Senior Apartments 55+

Willow Grove Apartments

Sheldon Apartments

Lafayette Apartments
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

501 Plymouth Ave

The Westbrook Apartments

116 Herkimer St, Unit 3

411 W Ferry St

192 Bird Ave
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.
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.
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
Elmwood, Buffalo, NY Local Guide

How much does it cost to rent an apartment in Elmwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elmwood Studio Apartments | $1,298 | $358 | $3,000 |
| Elmwood 1 Bedroom Apartments | $1,398 | $376 | $2,350 |
| Elmwood 2 Bedroom Apartments | $1,769 | $445 | $3,225 |
| Elmwood 3 Bedroom Apartments | $1,859 | $989 | $3,500 |
| Elmwood 4 Bedroom Apartments | $1,750 | $1,750 | $1,750 |
Browse Apartments in this Neighborhood
There are currently 30 rentals with your search options within a 1 mile radius of the Elmwood Neighborhood of Buffalo, NY.
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Elmwood, Buffalo, NY Local Guide
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Cheapest Available Elmwood Apartments for Rent
 The cheapest available apartment rental in the Elmwood area of Buffalo, NY is a Studio unit found at Willow Grove Apartments priced from $850. The Residence on North Senior Apartments 55+ has the second lowest priced unit, which is a 1 Bed apartment currently listed from $944. Here are the most affordable Elmwood apartments for rent in Buffalo, NY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Willow Grove Apartments | Small Studio | Studio,1BA | $850 |
| The Residence on North Senior Apartments 55+ | One Bedroom | 1BR,1BA | $944 |
| Sheldon Apartments | Studio | 1BR,1BA | $950 |
| 277 Linwood Ave | 1 bedroom suite | 1BR,1BA | $950 |
| Lafayette Apartments | studio | Studio,1BA | $960 |
| The Westbrook Apartments | Studio | Studio,1BA | $975 |
| Gates Circle | Studio | Studio,1BA | $1,025 |
| 220 Lexington Avenue Apartments | 1 Bed 1 Bath | 1BR,1BA | $1,040 |
| Elmwood Square Apartments | Studio | Studio,1BA | $1,045 |
Best Value Apartments for Rent in Elmwood, NY
As of December 10, 2025 the best value apartment in the Elmwood area is the $0.40 price per square foot 107 Baynes St Model at 107 Baynes St, Unit baynes in the in the West Side neighborhood starting from $795. The second greatest value Elmwood apartment is the 1072 Ellicott St Model at 1072 Ellicott St, Unit 1 starting at $1,395 with a $1.00 price per square foot in the Hamlin Park neighborhood. Here is today’s list of the best values for Elmwood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 107 Baynes St, Unit baynes | 107 Baynes St | 2BR,1BA | $0.40 |
| 1072 Ellicott St, Unit 1 | 1072 Ellicott St | 3BR,2BA | $1.00 |
| 417 Lafayette Ave, Unit upper | 417 Lafayette Ave | 3BR,1BA | $1.15 |
| 33 Norwood Ave, Unit Lower | 33 Norwood Ave | 3BR,2BA | $1.19 |
| 26 Sherwood St, Unit Upper | 26 Sherwood St | 3BR,1BA | $0.96 |
| 291 E North St, Unit 3 beds 1 bath upstairs | 291 E North St | 3BR,1BA | $1.08 |
| 482 West Ferry, Unit 482 Upper Unit | 482 West Ferry | 2BR,1BA | $1.23 |
| 844 Richmond Ave | 2 bedroom townhouse | 2BR,1BA | $1.18 |
| The Residence on North Senior Apartments 55+ | One Bedroom | 1BR,1BA | $1.05 |
| 277 Linwood Ave | 1 bedroom suite | 1BR,1BA | $1.19 |
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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleTop Neighborhoods Near Buffalo Colleges and Universities
Learn about the best Buffalo neighborhoods for student renters by our Buffalo, NY Local Expert Patrick Ryan
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Pet Friendly LifestyleElmwood, Buffalo, NY
Ranked #16
Among cities in New York for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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 a cheap apartment in Elmwood?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Elmwood is under $1,045.
What is the price of a cheap apartment in Elmwood?
The cheapest apartment in Elmwood is The Residence on North Senior Apartments 55+ which is listed at $944, while the average apartment in Elmwood costs $3,275.
What types of apartments are the cheapest in Elmwood?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 4 regular apartments in Elmwood that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Elmwood?
Cheap apartments in Elmwood have an average cost of $138 which is $3,137 cheaper than the average rent for all rentals in Elmwood.
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.
Articles, How-To's, and Tips

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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!



















