Cheap Apartments for Rent in Elmwood Park, NJ from $700 (98 Rentals)

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

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Linden West Apartments
1 to 2 Bedroom Apartments

Linden West Apartments

33 West StElmwood Park, NJ 07407
  • 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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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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property at 18 Eagle Ave

$1,950 - $2,150

2 To 3 Bedroom Rentals

Available Now

18 Eagle Ave

PatersonNJ07503

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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property at 180 Carroll St

$2,000 - $2,800

1 To 3 Bedroom Rentals

Available Now

180 Carroll St

PatersonNJ07501
property at 3 3rd St

$2,000 - $2,200

2 Bedroom Rentals

Available Now

3 3rd St

PassaicNJ07055
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Building 534
Studio to 1 Bedroom Apartments

Building 534

534 BroadwayPaterson, NJ 07514
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Elmwood Park, NJ Local Guide

Cheapest Available Elmwood Park Apartments for Rent

 

The cheapest available apartment rental in Elmwood Park, NJ is a Studio unit found at 324,339 and 431 Broadway in the Stoney Road neighborhood priced from $1,450. Swan Court Apartments in the Hackensack Teaneck neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,615. Here is today’s list of the most affordable Elmwood Park apartments for rent:

Apartment ListingModel NameBed/BathPriced From
324,339 and 431 Broadway324 BroadwayStudio,1BA$1,450
Swan Court Apartments1 Bedroom Small1BR,1BA$1,615
Fairlawn Properties3.5 Room 1 Bedroom1BR,1BA$1,695
Kent Village1 Bedroom1BR,1BA$1,750
305 Lakeview Apartments1BR/1.0BA1BR,1BA$1,790
11 3rd St2 Bed, 1 Bath2BR,1BA$1,800
Jefferson Gardens1 Bed, 1 bath1BR,1BA$1,800
Elmwood Terrace Apartments1 Bed, 1 bath1BR,1BA$1,850
SDK Lodi ApartmentsOne Bedroom1BR,1BA$1,850

Best Value Apartments for Rent in Elmwood Park, NJ

As of April 27, 2026 the best value apartment in the Elmwood Park area is the $1.08 price per square foot 960 Madison Ave Model at 960 Madison Ave, Unit 1 in the in the Lakeview neighborhood starting from $2,400. The second greatest value Elmwood Park apartment is the 49 River St Model at 49 River St, Unit Apartment 2 starting at $2,600 with a $1.28 price per square foot in the Hackensack Teaneck neighborhood. Here is today’s list of the best values for Elmwood Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
960 Madison Ave, Unit 1960 Madison Ave3BR,1BA$1.08
49 River St, Unit Apartment 249 River St4BR,1BA$1.28
61 Chestnut St, Unit 261 Chestnut St3BR,2BA$2.15
107 Martha Ave, Unit B107 Martha Ave2BR,1BA$1.53
681 E 28th St, Unit 2681 E 28th St4BR,1BA$2.07
247 Elm St, Unit #2247 Elm St2BR,1BA$1.92
51 Columbia Ave, Unit Apartment 251 Columbia Ave2BR,1BA$1.69
Central Parker CrossingNew Construction 2 Bedroom w/Balcony2BR,2BA$2.32
30 Arthur St30 Arthur St2BR,1BA$1.83
305 Lakeview Apartments1BR/1.0BA1BR,1BA$2.29

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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Quick Rent Budget Calculator

How much rent can you afford?

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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Elmwood Park, NJ

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Frequently Asked Questions about Cheap Elmwood Park Apartments

What is the Cheapest Studio apartment in Elmwood Park?

Currently the most affordable Cheap Studio Apartment in Elmwood Park is at 324,339 and 431 Broadway listed at $1,450.

How much is rent for a Cheap One Bedroom Elmwood Park Apartment?

The lowest price for a Cheap One Bedroom Elmwood Park Apartment is $1,550 at 324,339 and 431 Broadway.

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

Today's best deal for a Cheap Two Bedroom Apartment in Elmwood Park is starting from $1,800 at 11 3rd St.

What is the most affordable Elmwood Park Three Bedroom Apartment?

The best deal on a cheap Elmwood Park Three Bedroom Apartment rental is at 68 Hammond Ave and starts from $2,300.

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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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.

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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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.