Cheap Homes for Rent in Elmwood Neighborhood of Providence, RI from $1,900 (8 Rentals)

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Search the lowest-cost Homes available for rent right now in the Elmwood area of Providence.

property at 306 Potters Ave

$1,950

3 Bedroom, 1 Bath Home for Rent

Available Now

306 Potters Ave

ProvidenceRI02905
property at 181 Reynolds Ave

$2,000

2 Bedroom, 1 Bath Home for Rent

Available Now

181 Reynolds Ave

ProvidenceRI02905

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.

property at 181 Reynolds Ave

$2,100

2 Bedroom, 1 Bath Home for Rent

Available Now

181 Reynolds Ave

ProvidenceRI02905
property at 361 Sayles St

$2,100

2 Bedroom, 1 Bath Rentals

Available Feb 5

361 Sayles St

ProvidenceRI02905

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.

Best Value Apartments for Rent in Elmwood, RI

As of January 22, 2026 the best value apartment in the Elmwood area is the $1.51 price per square foot 10 Mount Vernon St Model at 10 Mount Vernon St, Unit 2 in the in the Elmwood neighborhood starting from $1,800. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
10 Mount Vernon St, Unit 210 Mount Vernon St2BR,1BA$1.51
134 Lenox Ave, Unit 2nd Floor134 Lenox Ave3BR,1BA$2.00
76 Providence St, Unit FL 376 Providence St1BR,1BA$5.77

Frequently Asked Questions about Elmwood

What type of rentals are currently available in Elmwood?

There are currently 186 Apartments for Rent in Elmwood, RI with pricing that ranges from $750 to $4,438. There are also 18 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elmwood ranging from $1,900 to $2,625.

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 $1,900 to $2,625 with an average monthly rent of $2,191.

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

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.