Cheap Apartments for Rent in Elma, NY from $550 (42 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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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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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
Hickory Hill Estates2 bed 2nd floor2BR, 1BA$1,310
Aurora Village2 Bedroom-upper2BR, 1BA$1,380
Park Lane South ApartmentsBM - West2BR, 1BA$1,422
Park Lane ApartmentsBM - West2BR, 1BA$1,422
Lily's Place Senior ApartmentsTwo Bedroom2BR, 1BA$1,429
Edgewater Apartment Homes2 bedroom/2 bathrooms2BR, 2BA$1,489
Sylvia’s Place2 Beds, 1 bath2BR, 1BA$1,540

Best Value Apartments for Rent in Elma, NY and Nearby

As of September 23, 2026 the best value apartment in the Elma area is the $0.95 price per square foot 6440 Seneca St Model at 6440 Seneca St, Unit Upper Rear in the Cheektowaga neighborhood starting from $1,900. The second greatest value Elma apartment is the Two Bedroom Model at Woodside Villas in the Cheektowaga neighborhood starting at $1,999 with a $1.60 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.
6440 Seneca St, Unit Upper Rear6440 Seneca St2BR, 1.5BA$0.95
Woodside VillasTwo Bedroom2BR, 2BA$1.60
Aurora Village2 Bedroom-upper2BR, 1.5BA$1.15
Edgewater Apartment Homes2 bedroom/2 bathrooms2BR, 2BA$1.25
Brookhaven ApartmentsUpper2BR, 2BA$1.44
Fox Trace East2UR2BR, 2BA$1.55
Pine Point Luxury Apartments1 Bedroom Upper with Attached Garage1BR, 1BA$1.66
Hickory Hill Estates2 bed 2nd floor2BR, 1BA$1.38
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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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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.

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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 Woodside Villas and starts from $1,999.

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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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.