Cheap Apartments for Rent in the Elmwood Neighborhood of Buffalo, NY from $500 (50 Rentals)
Search the lowest-cost Apartments available for rent right now in the Elmwood area of Buffalo.

Hyde Park Apartments

Sheldon Apartments

140 North St

The Westbrook Apartments

The Residence on North Senior Apartments 55+

215 W Utica St

608 Elmwood Ave, Unit 195-E
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Lafayette Apartments

Elmwood Square Apartments

220 Lexington Avenue Apartments

Delaware / West Ferry Apartments

Park75
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Lin-Nor Apartments

Gates Circle

261 Breckenridge St
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Buffalo's Best Affordable Neighborhoods
Learn about Buffalo with original content written by Local Expert, Patrick Ryan
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 | $1,026 | $875 | $1,274 |
Elmwood 1 Bedroom Apartments | $1,524 | $944 | $2,395 |
Elmwood 2 Bedroom Apartments | $1,887 | $995 | $2,892 |
Elmwood 3 Bedroom Apartments | $1,895 | $1,100 | $3,800 |
Elmwood 4 Bedroom Apartments | $2,591 | $1,300 | $3,900 |
Browse Apartments in this Neighborhood
There are currently 50 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 Hyde Park Apartments priced from $895. Ashland Avenue Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $940. Here are the most affordable Elmwood apartments for rent in Buffalo, NY:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Hyde Park Apartments | Studio | Studio,1BA | $895 |
Ashland Avenue Apartments | Studio | Studio,1BA | $940 |
The Residence on North Senior Apartments 55+ | One Bedroom | 1BR,1BA | $944 |
Sheldon Apartments | 1 Bedroom | 1BR,1BA | $950 |
277 Linwood Ave | 1 bedroom suite | 1BR,1BA | $950 |
Trinity Tower | Studio | Studio,1BA | $955 |
Lafayette Apartments | studio | Studio,1BA | $960 |
334-346 Bryant St | 2 Beds, 1 bath | 2BR,1BA | $995 |
Elmwood Square Apartments | Studio | Studio,1BA | $1,024 |
Best Value Apartments for Rent in Elmwood, NY
As of June 25, 2025 the best value apartment in the Elmwood area is the $1.19 price per square foot 128 Richmond Ave Model at 128 Richmond Ave, Unit 1 in the in the West Side neighborhood starting from $2,500. The second greatest value Elmwood apartment is the 2 BDRM W DEN Model at Windsor Apartments starting at $1,715 with a $1.32 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
128 Richmond Ave, Unit 1 | 128 Richmond Ave | 3BR,1.5BA | $1.19 |
Windsor Apartments | 2 BDRM W DEN | 2BR,1BA | $1.32 |
The Westbrook Apartments | 2 bedroom/2 bathroom | 2BR,2BA | $1.16 |
159 Laurel St, Unit Lower | 159 Laurel St | 2BR,1BA | $0.88 |
844 Richmond Ave | 2 bedroom townhouse | 2BR,1BA | $1.18 |
Elmwood-Anderson Place Apartments | 2 Bedroom, 1 Bath | 2BR,1BA | $1.35 |
277 Linwood Ave | 2 bedroom suite | 2BR,1BA | $1.20 |
334-346 Bryant St | 2 Beds, 1 bath | 2BR,1BA | $1.01 |
The Residence on North Senior Apartments 55+ | One Bedroom | 1BR,1BA | $1.05 |
Gates Circle | 1 Bedroom suite | 1BR,1BA | $1.29 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleElmwood, Buffalo, NY
Ranked #30
Among neighborhoods in Buffalo, NY 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 $1,024.
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 $2,650.
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 7 regular apartments in Elmwood that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.