33 Hamilton St
ProvidenceRI02907
Cheap Homes for Rent in Elmwood Neighborhood of Providence, RI from $800 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Elmwood area of Providence.
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.
25 Wesleyan 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.
38 Atlantic Ave
ProvidenceRI02907
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Elmwood, Providence, RI Local Guide
How much does it cost to rent a home in Elmwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elmwood 2 Bedroom Homes for Rent | $2,200 | $2,200 | $2,200 |
| Elmwood 3 Bedroom Homes for Rent | $2,000 | $2,000 | $2,000 |
| Elmwood 4 Bedroom Homes for Rent | $1,987 | $875 | $3,100 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 3 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 May 04, 2026 the best value apartment in the Elmwood area is the $1.59 price per square foot 1 Kendall St Model at 1 Kendall St, Unit 201 in the in the Manton neighborhood starting from $2,662. The second greatest value Elmwood apartment is the 76 Providence St Model at 76 Providence St, Unit FL 1 starting at $780 with a $0.60 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. |
|---|---|---|---|
| 1 Kendall St, Unit 201 | 1 Kendall St | 4BR,1.5BA | $1.59 |
| 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 |
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 $780 to $3,400. There are also 9 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elmwood ranging from $875 to $3,100.
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 $875 to $3,100 with an average monthly rent of $1,859.
How much are larger Three and Four Bedroom Rentals in Elmwood?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Elmwood range from $2,000 to $2,650, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,000 to $2,000. Four Bedroom Single-Family rentals are also available starting from $875 and Four Bedroom Apartments start at $2,662.
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.
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.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
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.