Cheap Homes for Rent in Elmwood Neighborhood of Buffalo, NY from $1,000 (7 Rentals)

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

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.

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.

Cheapest Available Elmwood Apartments for Rent

 

The cheapest available apartment rental in the Elmwood area of Buffalo, NY is a Studio unit found at 211 Summer St priced from $925. The Residence on North 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 ListingModel NameBed/BathPriced From
211 Summer StStudioStudio,1BA$925
The Residence on NorthOne Bedroom1BR,1BA$944
277 Linwood Ave1 bedroom suite1BR,1BA$950

Best Value Apartments for Rent in Elmwood, NY

As of May 19, 2026 the best value apartment in the Elmwood area is the $0.38 price per square foot 90 Hoyt St Model at 90 Hoyt St, Unit upper in the in the West Side neighborhood starting from $1,095. The second greatest value Elmwood apartment is the 109 Baynes St Model at 109 Baynes St starting at $895 with a $0.45 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$0.38
109 Baynes St109 Baynes St2BR,1BA$0.45
107 Baynes St, Unit baynes107 Baynes St2BR,1BA$0.40
425 Bird Ave, Unit Upper Apt.425 Bird Ave3BR,1BA$1.26
159 Northampton St, Unit Lower flat159 Northampton St3BR,1BA$1.23
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
The Residence on NorthOne Bedroom1BR,1BA$1.05
277 Linwood Ave1 bedroom suite1BR,1BA$1.19

Frequently Asked Questions about Elmwood

What type of rentals are currently available in Elmwood?

There are currently 395 Apartments for Rent in Elmwood, NY with pricing that ranges from $358 to $5,500. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elmwood ranging from $1,075 to $5,000.

What is the current price range for Rental Homes in Elmwood?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Elmwood ranges from $1,075 to $5,000 with an average monthly rent of $2,951.

How much are larger Three and Four Bedroom Rentals in Elmwood?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Elmwood range from $989 to $3,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,550 to $2,400. Four Bedroom Single-Family rentals are also available starting from $3,700 and Four Bedroom Apartments start at $1,425.

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

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

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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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.