
Cheap Apartments for Rent in the Elmwood Neighborhood of Providence, RI from $700 (66 Rentals)
Search the lowest-cost Apartments available for rent right now in the Elmwood area of Providence.


654 Elmwood Ave

211 Adelaide Ave

43 Parkis Ave

Villita Apartments

21 Sackett St

30 Lenox Ave

35-51 Thackeray St

30 Princeton Ave

75 Hamilton St
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.

166 Early St

658 Public St

12 Bridgham St

Elmwood Avenue Apartments

17-25 Cromwell St

63 Elmwood Ave

155-163 Elmwood Ave

185 Colfax St

499 Elmwood Ave

Stephens Hall Apartments
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.

197 Gordon Ave

77 Harriet St

16-18 Cromwell St

157 Peace St

15-17 Wilson St

68 Corinth St

53 Parkis Ave

42 Parkis Ave

7-11 Congress Ave

85 Hamilton St
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.

53-55 Dartmouth Ave

48 Sackett St

47 Parkis Ave

127 Daboll St

130 Moore St

101-109 Potters Ave

31-33 Lenox Ave

839 Broad St

32 Sackett St

45 Mawney St
From Blue-Collar to Bustling: Discover the Best Affordable Neighborhoods for Renting in Providence
Discover the top 7 affordable and charming neighborhoods in Providence, RI. This local expert's guide helps you find the best value living in the historic New England city.

93 Lexington Ave

Villa Victorian

148-150 Niagara St

118 Stanwood St

51 Adelaide Ave

72 Potters Ave

165-169 Peace St

30 Bridgham St

770 Broad St

Lockwood Plaza Apartments
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.
Elmwood, Providence, RI Local Guide

How much does it cost to rent an apartment in Elmwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elmwood Studio Apartments | $3,266 | $3,266 | $3,266 |
| Elmwood 1 Bedroom Apartments | $1,966 | $780 | $3,087 |
| Elmwood 3 Bedroom Apartments | $2,433 | $2,000 | $2,650 |
| Elmwood 4 Bedroom Apartments | $3,100 | $3,100 | $3,100 |
Browse Apartments in this Neighborhood
There are currently 66 rentals with your search options within a 2 mile radius of the Elmwood Neighborhood of Providence, RI.
See all Apartments in ProvidenceExplore Providence
Best Value Apartments for Rent in Elmwood, RI
As of April 21, 2026 the best value apartment in the Elmwood area is the $0.60 price per square foot 76 Providence St Model at 76 Providence St, Unit FL 1 in the in the Elmwood neighborhood starting from $780. The second greatest value Elmwood apartment is the 26 Cromwell St Model at 26 Cromwell St, Unit 1 starting at $2,650 with a $2.30 price per square foot in the Manton 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. |
|---|---|---|---|
| 76 Providence St, Unit FL 1 | 76 Providence St | 1BR,1BA | $0.60 |
| 26 Cromwell St, Unit 1 | 26 Cromwell St | 3BR,2BA | $2.30 |
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

From Blue-Collar to Bustling: Discover the Best Affordable Neighborhoods for Renting in Providence
Written by: M. April Tome
I’m April, your ApartmentHomeLiving.com Local Export for Providence, RI. Providence is the capital of Rhode Island. It is a bustling city with a small-town New England vibe.

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.

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.

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.