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

Westfield Lofts

181 Peace St, Unit Third floor
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52 Daniel Ave, Unit 52 Daniel Ave
South Elmwood, Providence, RI Local Guide

How much does it cost to rent an apartment in South Elmwood?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
South Elmwood Studio Apartments | $1,975 | $1,725 | $2,225 |
South Elmwood 1 Bedroom Apartments | $1,742 | $983 | $2,700 |
South Elmwood 2 Bedroom Apartments | $2,581 | $1,499 | $4,500 |
South Elmwood 3 Bedroom Apartments | $2,465 | $1,699 | $4,695 |
South Elmwood 4 Bedroom Apartments | $2,975 | $2,975 | $2,975 |
Browse Apartments in this Neighborhood
There are currently 17 rentals with your search options within a 2 mile radius of the South Elmwood Neighborhood of Providence, RI.
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South Elmwood, Providence, RI Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Fairfax Village | The Revere | 1BR,1BA | $1,730 |
Kent Farm Apartments | 1 Bedroom | 1BR,1BA | $1,750 |
Woodridge Manor | The Cortland | 1BR,1BA | $1,785 |
Willowbrook | The Golden | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
83 Terrace Ave, Unit 1 | 83 Terrace Ave | 1BR,1BA | $0.46 |
35 Queen St, Unit Apt 2 | 35 Queen St | 4BR,2BA | $1.70 |
125 Midway | 2 Beds, 2 baths | 2BR,2BA | $2.08 |
58 Ninth St, Unit 2 | 58 Ninth St | 3BR,1BA | $1.96 |
The Four Seasons | C4R - 2 Bedroom 2 Bathroom Balcony/Patio* | 2BR,2BA | $2.06 |
73 Marion Ave N, Unit 1st floor Apt | 73 Marion Ave N | 2BR,1BA | $1.90 |
324 Fort St, Unit 2nd Floor | 324 Fort St | 2BR,1BA | $1.80 |
88 1st Ave, Unit #3 | 88 1st Ave | 2BR,1BA | $2.03 |
84 Progress Ave, Unit 3 | 84 Progress Ave | 1BR,1BA | $1.76 |
181 Peace St, Unit Third floor | 181 Peace St | 1BR,1BA | $1.87 |
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Pet Friendly LifestyleSouth Elmwood, Providence, RI
Ranked #27
Among cities in Rhode Island for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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
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.
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.

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.

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.

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.

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.