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Cheap Apartments for Rent in the Elmwood Neighborhood of Providence, RI from $900 (6 Rentals)
Search the lowest-cost Apartments available for rent right now in the Elmwood area of Providence.
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66 Princeton Ave
ProvidenceRI02907
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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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 | $950 | $950 | $950 |
| Elmwood 2 Bedroom Apartments | $2,264 | $1,800 | $3,500 |
| Elmwood 3 Bedroom Apartments | $2,022 | $1,495 | $2,600 |
Browse Apartments in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the Elmwood Neighborhood of Providence, RI.
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Best Value Apartments for Rent in Elmwood, RI
As of December 06, 2025 the best value apartment in the Elmwood area is the $1.92 price per square foot 29 Pennsylvania Ave Model at 29 Pennsylvania Ave, Unit Home away from home in the in the Washington Park neighborhood starting from $2,500. The second greatest value Elmwood apartment is the 134 Lenox Ave Model at 134 Lenox Ave, Unit 2nd Floor starting at $2,000 with a $2.00 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. |
|---|---|---|---|
| 29 Pennsylvania Ave, Unit Home away from home | 29 Pennsylvania Ave | 2BR,1BA | $1.92 |
| 134 Lenox Ave, Unit 2nd Floor | 134 Lenox Ave | 3BR,1BA | $2.00 |
Getting Around the Elmwood Neighborhood in Providence, RI
Walk Score®
81 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
59 / 100
Bikeable
Some bike infrastructure
Transit Score®
49 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.