Cheap Apartments for Rent in Elma, NY from $500 (24 Rentals)

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

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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property at 127 Merrimac St

$450

1 Bedroom, 1 Bath Home for Rent

Available Now

127 Merrimac St

BuffaloNY14214

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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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
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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

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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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 Bellevue neighborhood priced from $550. Briarcliff Apartments in the Bellevue neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $970. 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$970
BlossomwoodTwo Bedroom Lower2BR,1BA$1,177
Park Lane ApartmentsAL - West1BR,1BA$1,236
Hickory Hill Estates2 bed 2nd floor DEL2BR,1BA$1,250

Best Value Apartments for Rent in Elma, NY and Nearby

As of May 08, 2026 the best value apartment in the Elma area is the $1.66 price per square foot BUE - East Model at Park Lane Apartments in the in the Bellevue neighborhood starting from $2,130. The second greatest value Elma apartment is the 2 bedroom/2 bathrooms Model at Edgewater Apartment Homes starting at $1,489 with a $1.24 price per square foot . 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.
Park Lane ApartmentsBUE - East2BR,2BA$1.66
Edgewater Apartment Homes2 bedroom/2 bathrooms2BR,2BA$1.24
Aurora Village2 Bedroom-upper2BR,1.5BA$1.15
Fox Trace East2UR2BR,2BA$1.55
Town Center Apartments2A2BR,2BA$1.70
Pine Point Luxury Apartments1 Bedroom Upper with Attached Garage1BR,1BA$1.66
Hickory Hill Estates2 bed 2nd floor DEL2BR,1BA$1.32
BlossomwoodTwo Bedroom Lower2BR,1BA$1.31
Pearl Place1bd 1st floor1BR,1BA$1.53
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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Elma, NY

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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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

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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.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.