
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
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.

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
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.

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
Your Local Guide to Providence Student Housing: Best Neighborhoods for College Renters
Discover affordable off-campus rentals and the best local neighborhoods for college life, featuring expert tips from a seasoned renter.
Elmwood, Providence, RI Local Guide

How much does it cost to rent an apartment in Elmwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elmwood 1 Bedroom Apartments | $1,804 | $780 | $3,087 |
| Elmwood 2 Bedroom Apartments | $2,100 | $2,100 | $2,100 |
| Elmwood 3 Bedroom Apartments | $2,137 | $1,900 | $2,600 |
| 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 June 05, 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 188 Stanwood St Model at 188 Stanwood St, Unit 2 starting at $1,950 with a $1.50 price per square foot in the Elmwood 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 |
| 188 Stanwood St, Unit 2 | 188 Stanwood St | 3BR,1BA | $1.50 |
| 74 Hamilton St, Unit 2 | 74 Hamilton St | 3BR,1BA | $1.75 |
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.

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.

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.