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 20, 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 185 Apartments for Rent in Elmwood, RI with pricing that ranges from $750 to $4,566. There are also 19 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 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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!