Cheap Apartments for Rent in the South Elmwood Neighborhood of Providence, RI from $900 (17 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

South Elmwood, Providence, RI Local Guide

Cheapest Available South Elmwood Apartments for Rent

 

The cheapest available apartment rental in the South Elmwood area of Providence, RI is a 1 Bed unit found at Fairfax Village priced from $1,730. Kent Farm Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,750. Here are the most affordable South Elmwood apartments for rent in Providence, RI:

Apartment ListingModel NameBed/BathPriced From
Fairfax VillageThe Revere1BR,1BA$1,730
Kent Farm Apartments1 Bedroom1BR,1BA$1,750
Woodridge ManorThe Cortland1BR,1BA$1,785
WillowbrookThe Golden1BR,1BA$1,820

Best Value Apartments for Rent in South Elmwood, RI

As of September 10, 2025 the best value apartment in the South Elmwood area is the $0.46 price per square foot 83 Terrace Ave Model at 83 Terrace Ave, Unit 1 in the in the South Elmwood neighborhood starting from $1,700. The second greatest value South Elmwood apartment is the 35 Queen St Model at 35 Queen St, Unit Apt 2 starting at $2,975 with a $1.70 price per square foot in the South Elmwood neighborhood. Here is today’s list of the best values for South Elmwood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
83 Terrace Ave, Unit 183 Terrace Ave1BR,1BA$0.46
35 Queen St, Unit Apt 235 Queen St4BR,2BA$1.70
125 Midway2 Beds, 2 baths2BR,2BA$2.08
58 Ninth St, Unit 258 Ninth St3BR,1BA$1.96
The Four SeasonsC4R - 2 Bedroom 2 Bathroom Balcony/Patio*2BR,2BA$2.06
73 Marion Ave N, Unit 1st floor Apt73 Marion Ave N2BR,1BA$1.90
324 Fort St, Unit 2nd Floor324 Fort St2BR,1BA$1.80
88 1st Ave, Unit #388 1st Ave2BR,1BA$2.03
84 Progress Ave, Unit 384 Progress Ave1BR,1BA$1.76
181 Peace St, Unit Third floor181 Peace St1BR,1BA$1.87

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
South Elmwood, Providence, RI

Ranked #27

Among cities in Rhode Island for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Getting Around the South Elmwood Neighborhood in Providence, RI

Walk Score®

68 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

52 / 100

Bikeable

Some bike infrastructure

Transit Score®

38 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap South Elmwood Apartments

What is the price of a cheap apartment in South Elmwood?

The cheapest apartment in South Elmwood is Fairfax Village which is listed at $1,730, while the average apartment in South Elmwood costs $2,975.

What types of apartments are the cheapest in South Elmwood?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 5 regular apartments in South Elmwood that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in South Elmwood?

Cheap apartments in South Elmwood have an average cost of $163 which is $2,812 cheaper than the average rent for all rentals in South Elmwood.

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.

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.