Cheap Apartments for Rent in the Elmwood Neighborhood of Syracuse, NY from $400 (14 Rentals)

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

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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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Faith & Hope Manor
Studio to 2 Bedroom Apartments

Faith & Hope Manor

648 W Onondaga StSyracuse, NY 13204
  • Utilities Included
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127 South Ave
Studio Apartments

127 South Ave

127 South AveSyracuse, NY 13204
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Thurber Apartments
Studio to 2 Bedroom Apartments

Thurber Apartments

103-113 Remington AveSyracuse, NY 13210
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Victory at Syracuse
1 to 7 Bedroom Apartments

Victory at Syracuse

1201 Harrison StSyracuse, NY 13210
Student Housing
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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Elmwood, Syracuse, NY Local Guide

Cheapest Available Elmwood Apartments for Rent

 

The cheapest available apartment rental in the Elmwood area of Syracuse, NY is a Studio unit found at Carriage House priced from $870. Thurber Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $895. Here are the most affordable Elmwood apartments for rent in Syracuse, NY:

Apartment ListingModel NameBed/BathPriced From
Carriage HouseStudioStudio,1BA$870
Thurber ApartmentsStudioStudio,1BA$895
Victory at Syracuse4BR/1BA4BR,1BA$900
Classic AmericanBelle2BR,1BA$975
Centennial Gardens1 Bdrm 1Ba1BR,1BA$1,075

Best Value Apartments for Rent in Elmwood, NY

As of January 27, 2026 the best value apartment in the Elmwood area is the $0.83 price per square foot 320 Rowland St Model at 320 Rowland St, Unit Unit 1 in the in the Elmwood neighborhood starting from $1,500. The second greatest value Elmwood apartment is the 1193 W Onondaga St Model at 1193 W Onondaga St, Unit 1193 W. Onondaga starting at $1,600 with a $1.31 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.
320 Rowland St, Unit Unit 1320 Rowland St4BR,1BA$0.83
1193 W Onondaga St, Unit 1193 W. Onondaga1193 W Onondaga St3BR,1BA$1.31
The Meadows Apartment HomesTwo Bedroom-1,053 sqft2BR,1BA$1.75
1741 W Onondaga St2BR/1.0BA2BR,1BA$1.25
Newbury Apartment Homes2 Bedroom2BR,1BA$1.57
4907 Grolier Rd, Unit 44907 Grolier Rd2BR,1BA$1.60
Classic AmericanBelle2BR,1BA$1.30
Thurber Apartments2 Bed 1 Bath2BR,1BA$1.66
Clarendon Heights1 Bed/1 Bath @ 750 Sq. Ft.1BR,1BA$1.55
Nob Hill ApartmentsA21BR,1BA$1.78

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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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.

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

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Pet Friendly Lifestyle
Elmwood, Syracuse, NY

Ranked #16

Among cities in New York for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

Our team is happy to bring you Lifestyle Ratings of neighborhoods, cities and towns, and rental properties across New York and customized analysis for Syracuse, New York. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for easy access to the parks, luxury housing options, kid and pet-friendly communities, availability of transit options, and much more. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Elmwood Apartments

What is a cheap apartment in Elmwood?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Elmwood is under $1,250.

What is the price of a cheap apartment in Elmwood?

The cheapest apartment in Elmwood is Carriage House which is listed at $975, while the average apartment in Elmwood costs $2,600.

What types of apartments are the cheapest in 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 8 regular apartments in 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 Elmwood?

Cheap apartments in Elmwood have an average cost of $424 which is $2,176 cheaper than the average rent for all rentals in Elmwood.

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

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Your Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Syracuse, NY

Written by: Jessica Mousseau

Hey! Jessica here, your ApartmentHomeLiving.com Local Expert for Syracuse, New York.

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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.

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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.

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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.