Cheap Apartments for Rent in Elma, NY from $500 (46 Rentals)

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Search the lowest-cost Apartments available for rent right now in Elma.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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733 Oakwood Ave, Unit 2
$1,200
Total Monthly Price

Total Monthly Price

Base Rent
$1,200
Total Monthly Price
$1,200
1 Bedroom Apartment Available Now

733 Oakwood Ave, Unit 2

733 Oakwood AveEast Aurora, NY 14052
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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5700 Seneca St
$1,475 - $1,650
Total Monthly Price

Total Monthly Price

Base Rent
$1,475 - $1,650
Total Monthly Price
$1,475 - $1,650
1 Bedroom Apartment Available Sep 1

5700 Seneca St

5700 Seneca StWest Seneca, NY 14224

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Fox Trace West
1 to 2 Bedroom Apartments

Fox Trace West

55 Angle RdBuffalo, NY 14224
  • Utilities Included
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Oak Ridge Estates
1 to 2 Bedroom Apartments

Oak Ridge Estates

72 Oakridge DrWest Seneca, NY 14224
  • Utilities Included
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The Flats on French
1 to 2 Bedroom Apartments

The Flats on French

1295-1331 French RdDepew, NY 14043
  • Utilities Included

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.

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Village Green
2 Bedroom Apartments

Village Green

1420 Southwestern BlvdWest Seneca, NY 14224
  • Utilities Included
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Brickstone Manor
1 to 3 Bedroom Apartments

Brickstone Manor

11 Robert DrLancaster, NY 14086
  • Utilities Included

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.

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473 Aurora St
1 to 2 Bedroom Apartments

473 Aurora St

473 Aurora StLancaster, NY 14086
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Elma, NY Local Guide

Cheapest Available Elma Apartments for Rent and Nearby

 

The cheapest available apartment rental in Elma, NY is a 1 Bed unit found at Southwind Landing Senior Apartments in the Cheektowaga neighborhood priced from $550. Briarcliff Apartments in the Cheektowaga neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,020. Here is today’s list of the most affordable Elma apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Southwind Landing Senior Apartments1 Bed, 1 bath1BR,1BA$550
Briarcliff ApartmentsStudioStudio,1BA$1,020
Aurora Village2 Bedroom-upper2BR,1BA$1,380
Katie's Place2 bedroom, 1st floor2BR,1BA$1,429
Edgewater Apartment Homes1 bedroom with a den1BR,1BA$1,449
Park Lane ApartmentsAL - West1BR,1BA$1,454
Sylvia’s Place2 Beds, 1 bath2BR,1BA$1,540
Park Lane South ApartmentsBM - West2BR,1BA$1,543

Best Value Apartments for Rent in Elma, NY and Nearby

As of August 08, 2026 the best value apartment in the Elma area is the $1.76 price per square foot 3DR Model at Town Center Apartments in the in the Cheektowaga neighborhood starting from $2,232. The second greatest value Elma apartment is the 2 Bedroom-upper Model at Aurora Village starting at $1,380 with a $1.15 price per square foot in the Hamburg neighborhood. Here is today’s list of the best values for Elma apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Town Center Apartments3DR3BR,2BA$1.76
Aurora Village2 Bedroom-upper2BR,1.5BA$1.15
Fox Trace East2UR2BR,2BA$1.55
Pine Point Luxury Apartments1 Bedroom Upper with Attached Garage1BR,1BA$1.66
1903 Como Park Blvd, Unit 21903 Como Park Blvd2BR,1BA$1.14
Edgewater Apartment Homes1 bedroom with a den1BR,1BA$1.53
The LexingtonLuxury 1 Bed/1 Bath1BR,1BA$1.80
Park Lane South ApartmentsBM - West2BR,1BA$1.82
Sylvia’s Place2 Beds, 1 bath2BR,1BA$1.81
Southwind Landing Senior Apartments1 Bed, 1 bath1BR,1BA$0.95

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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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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Remember the 3 Rules of Real Estate:
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Frequently Asked Questions about Cheap Elma Apartments

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

The lowest price for a Cheap One Bedroom Elma Apartment is $550 at Southwind Landing Senior Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Elma is starting from $633 at Southwind Landing Senior Apartments.

What is the most affordable Elma Three Bedroom Apartment?

The best deal on a cheap Elma Three Bedroom Apartment rental is at Pine Point Luxury Apartments and starts from $2,050.

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

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.