Cheap Apartments for Rent in the Elmwood Neighborhood of Syracuse, NY from $400 (34 Rentals)

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

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.

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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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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

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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Victory at Syracuse
1 to 7 Bedroom Apartments

Victory at Syracuse

1201 Harrison StSyracuse, NY 13210
Student Housing
  • Utilities Included
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120 Crippen Pl
2 Bedroom Apartments

120 Crippen Pl

120 Crippen PlSyracuse, NY 13205
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The Chimes Building
1 to 3 Bedroom Apartments

The Chimes Building

500 S Salina StSyracuse, NY 13202
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Greenwich Manor Apartments
1 to 2 Bedroom Apartments

Greenwich Manor Apartments

683 E Seneca TpkeSyracuse, NY 13205
Student Housing
  • Utilities Included

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.

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property at 229 Kellogg St

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300
Total Monthly Price
$1,300

2 Bedroom, 1 Bath Condo for Rent

Available Now

229 Kellogg St

SyracuseNY13204
Showing Results 1-34, Page 1 of 1

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 Hidden Valley Apartments priced from $860. Victory at Syracuse has the second lowest priced unit, which is a 4 Beds apartment currently listed from $900. Here are the most affordable Elmwood apartments for rent in Syracuse, NY:

Apartment ListingModel NameBed/BathPriced From
Hidden Valley Apartments0BR/1.0BAStudio,1BA$860
Victory at Syracuse4BR/1BA4BR,1BA$900
Thurber ApartmentsStudioStudio,1BA$920
Carriage HouseSmall 1 BR1BR,1BA$950
Nob Hill ApartmentsA11BR,1BA$1,015
Centennial Gardens1 Bdrm 1Ba1BR,1BA$1,075
Classic AmericanRockaway2BR,1BA$1,100
The IkonStudio /1 BathStudio,1BA$1,150
The Summit Apartments1x1 M1BR,1BA$1,250
High Acres Apartments and TownhomesOne Bedroom-608 sqft1BR,1BA$1,255

Best Value Apartments for Rent in Elmwood, NY

As of May 08, 2026 the best value apartment in the Elmwood area is the $0.92 price per square foot Rockaway Model at Classic American in the in the Elmwood neighborhood starting from $1,100. The second greatest value Elmwood apartment is the Two Bedroom-1,053 sqft Model at The Meadows Apartment Homes starting at $1,510 with a $1.43 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.
Classic AmericanRockaway2BR,1BA$0.92
The Meadows Apartment HomesTwo Bedroom-1,053 sqft2BR,1BA$1.43
Newbury Apartment Homes2 Bd Luxury2BR,1BA$1.51
Symphony PlaceSymphony Place - 1 Bed/1 Bath - 871 Sq Ft-WAITLIST1BR,1BA$2.24
Thurber Apartments2 Bed 1 Bath2BR,1BA$1.69
Nob Hill ApartmentsA21BR,1BA$1.62
High Acres Apartments and TownhomesOne Bedroom-608 sqft1BR,1BA$2.06
Carriage HouseSmall 1 BR1BR,1BA$1.83
The IkonStudio /1 BathStudio ,1BA$2.30
Hidden Valley ApartmentsHIDDEN VALLEY *Large Studio* Taking Applicatio...Studio ,1BA$2.34

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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.

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Pet Friendly Lifestyle
Elmwood, Syracuse, NY

Ranked #14

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Best Local Schools in
Elmwood, Syracuse, NY

School data provided by Great Schools

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 $1,255.

What is the price of a cheap apartment in Elmwood?

The cheapest apartment in Elmwood is Hidden Valley Apartments which is listed at $945, while the average apartment in Elmwood costs $2,100.

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 29 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 $585 which is $1,515 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

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

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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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.

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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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.