
Cheap Homes for Rent in Elmwood Neighborhood of Philadelphia, PA from $900 (19 Rentals)
Search the lowest-cost Homes available for rent right now in the Elmwood area of Philadelphia.


7020 Woodland Ave, Unit B

5358 Woodland Ave

1209 S 58th St, Unit 3E

7053 Paschall Ave

6014 Springfield Ave
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.

1033 S 55th St

2033 S 57th St

1630 S Frazier St

773 S 52nd St, Unit 1

1828 S Alden St

5237 Chester Ave
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.

5847 Willows Ave, Unit 3

5847 Willows Ave, Unit 1

5847 Willows Ave, Unit 2

1908 S 65th St

5847 Willows Ave

2430 S Frazier St
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.

2522 S 62nd St, Unit B
Elmwood, Philadelphia, PA Local Guide

How much does it cost to rent a home in Elmwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elmwood 2 Bedroom Homes for Rent | $1,456 | $1,050 | $2,000 |
| Elmwood 3 Bedroom Homes for Rent | $1,630 | $1,175 | $2,590 |
| Elmwood 4 Bedroom Homes for Rent | $1,946 | $1,690 | $2,200 |
| Elmwood 5 Bedroom Homes for Rent | $1,525 | $1,525 | $1,525 |
Browse Homes for Rent in this Neighborhood
There are currently 19 rentals with your search options within a 2 mile radius of the Elmwood Neighborhood of Philadelphia, PA.
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Elmwood, Philadelphia, PA Local Guide
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Cheapest Available Elmwood Apartments for Rent
 The cheapest available apartment rental in the Elmwood area of Philadelphia, PA is a 1 Bed unit found at Hoffman Place Apartments priced from $995. 6010-6014 Springfield Ave has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,050. Here are the most affordable Elmwood apartments for rent in Philadelphia, PA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Hoffman Place Apartments | 1 Bedroom | 1BR,1BA | $995 |
| 6010-6014 Springfield Ave | 2 Beds, 1 Baths | 2BR,1BA | $1,050 |
| The Irvine | Studio A | Studio,1BA | $1,099 |
| Forest Creek Apartments | 2 Bedroom Standard | 2BR,1BA | $1,300 |
| Bell Tower Community | 1 Bedroom | 1BR,1BA | $1,399 |
Best Value Apartments for Rent in Elmwood, PA
As of June 10, 2026 the best value apartment in the Elmwood area is the $1.14 price per square foot 1311 S 52nd St Model at 1311 S 52nd St, Unit 4 in the in the Belmont neighborhood starting from $1,600. The second greatest value Elmwood apartment is the 5844 Theodore St Model at 5844 Theodore St, Unit 2nd floor starting at $850 with a $0.71 price per square foot in the Bartram Gardens neighborhood. Here is today’s list of the best values for Elmwood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1311 S 52nd St, Unit 4 | 1311 S 52nd St | 3BR,1BA | $1.14 |
| 5844 Theodore St, Unit 2nd floor | 5844 Theodore St | 1BR,1BA | $0.71 |
| Forest Creek Apartments | 2 Bedroom Large with balcony | 2BR,1BA | $1.86 |
| 6038 Baltimore Ave, Unit 2F | 6038 Baltimore Ave | 1BR,1BA | $1.53 |
| Hoffman Place Apartments | 1 Bedroom | 1BR,1BA | $1.36 |
| 7053 Paschall Ave, Unit 1 | 7053 Paschall Ave | 1BR,1BA | $1.44 |
| Cedar Park | 1BR/1.0BA | 1BR,1BA | $2.31 |
| Bell Tower Community | 1 Bedroom | 1BR,1BA | $2.17 |
| 830 S 49th St, Unit 5 | 830 S 49th St | 1BR,1BA | $2.40 |
| The Irvine | Studio A | Studio ,1BA | $2.56 |
Beyond Campus: Exploring the Best Philadelphia Neighborhoods for College Life
Find your perfect Philly college neighborhood. We break down the best areas for student renters near major universities, from walkable West Philly to the trendy spots in North Philly.
Read ArticleUnlock Your Philly Commute: Your Guide to Renting Near the City's Biggest Employers
Live like a local! Explore diverse Philly neighborhoods—from trendy Fishtown to historic Cedar Park—with an easy commute to your job. Your expert guide is here.
Read ArticleDon'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.
Read ArticleReal 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.
Read ArticleQuick 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.
Pet Friendly LifestyleElmwood, Philadelphia, PA
Ranked #147
Among cities in Pennsylvania for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Elmwood, Philadelphia, PA
Catharine Joseph School
Tilden William T Middle School
School data provided by Great Schools
Frequently Asked Questions about Elmwood
What type of rentals are currently available in Elmwood?
There are currently 71 Apartments for Rent in Elmwood, PA with pricing that ranges from $795 to $2,325. There are also 60 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elmwood ranging from $925 to $2,590.
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 $925 to $2,590 with an average monthly rent of $1,496.
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 $1,600 to $2,325, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,175 to $2,590. Four Bedroom Single-Family rentals are also available starting from $1,690 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.
Helpful Local Expert Guides

A Local Expert's Guide to the Best Affordable Neighborhoods in Philadelphia
Written by: Richard Corrigan
There’s always been more to Philadelphia than meets the eye. When I first came here, I saw it as a tough, gritty town.

Unlock Your Philly Commute: Your Guide to Renting Near the Citys Biggest Employers
Written by: Richard Corrigan
Philadelphia is a city of neighborhoods. Those who live here take great pride in our specific corners of the city.

Beyond the Cheesesteak: The Ultimate Philadelphia Transplant Guide
Written by: Richard Corrigan
Welcome to Philadelphia! It’s the city of brotherly love, cheesesteaks, Ben Franklin and Rocky Balboa. And I don’t think you need me to tell you, it’s also a lot more than that.

Beyond Campus: Exploring the Best Philadelphia Neighborhoods for College Life
Written by: Richard Corrigan
Philadelphia isn’t necessarily thought of as a college town, but it’s home to some of Pennsylvania’s biggest colleges and universities, and thousands of students call the city home.
Articles, How-To's, and Tips

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.