Cheap Apartments for Rent in the Elm Park Neighborhood of Worcester, MA from $400 (98 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Elm Park area of Worcester.

Worcester's Best Affordable Neighborhoods

Learn about Worcester and the best places to live with original content written by our Local Expert Kevin Wesley

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property at 50 Franklin St

$1,450 - $1,995

Studio To 1 Bedroom Rentals

Available Now

50 Franklin St

WorcesterMA01608

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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property at 119 West St

$1,690

Total Monthly Price

Total Monthly Price

Base Rent
$1,690
Total Monthly Price
$1,690

3 Bedroom, 1 Bath Home for Rent

Available Now

119 West St

WorcesterMA01609

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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Showing Results 1-50, Page 1 of 2

Elm Park, Worcester, MA Local Guide

Cheapest Available Elm Park Apartments for Rent

 

The cheapest available apartment rental in the Elm Park area of Worcester, MA is a Studio unit found at Residences on Lincoln Square, A 55+ Community priced from $1,283. The Central Building Residences has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,292. Here are the most affordable Elm Park apartments for rent in Worcester, MA:

Apartment ListingModel NameBed/BathPriced From
Residences on Lincoln Square, A 55+ CommunityGrove - Studio Income RestrictedStudio,1BA$1,283
The Central Building ResidencesOne Bedroom Call For Pricing1BR,1BA$1,292
Bancroft On The Grid0BR/1.0BAStudio,1BA$1,295
New Park on the Grid0BR/1.0BAStudio,1BA$1,375
Park Plaza on the GridWS200Studio,1BA$1,395
Portside on the GridWS300Studio,1BA$1,425
Portland on the Grid0BR/1.0BAStudio,1BA$1,650
Residences on MadisonS1Studio,1BA$1,670
Junction Shop Lofts1 Bed 1 Bath1BR,1BA$1,730
The ReedsA3Studio,1BA$1,750

Best Value Apartments for Rent in Elm Park, MA

As of July 23, 2026 the best value apartment in the Elm Park area is the $1.67 price per square foot 33 Providence St Model at 33 Providence St in the in the Elm Park neighborhood starting from $3,000. The second greatest value Elm Park apartment is the 14 Perkins St Model at 14 Perkins St, Unit 2 starting at $2,600 with a $1.44 price per square foot in the Biotech Park neighborhood. Here is today’s list of the best values for Elm Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
33 Providence St33 Providence St5BR,1BA$1.67
14 Perkins St, Unit 214 Perkins St4BR,1BA$1.44
13 West St, Unit 1st Floor Unit13 West St3BR,2BA$2.08
70 Harrison St, Unit 270 Harrison St3BR,1BA$1.76
Junction Shop Lofts1 Bed 1 Bath1BR,1BA$1.43
32 John St, Unit 332 John St4BR,1BA$1.83
32 Dix St, Unit 3 bedrooms WPI area32 Dix St3BR,1BA$1.75
20 Eden StThree Bedroom3BR,1BA$1.84
The 6Hundred2x1A2BR,1BA$2.08
The Central Building ResidencesOne Bedroom Call For Pricing1BR,1BA$1.79

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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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
Elm Park, Worcester, MA

Ranked #11

Among cities in Massachusetts for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of neighborhoods, cities, and rental properties across Massachusetts and customized analysis for Worcester, Massachusetts. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for the best outdoor access, luxury amenities, kid and pet-friendly communities, availability of transit options, and more. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Elm Park Apartments

What is a cheap apartment in Elm Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Elm Park is under $1,750.

What is the price of a cheap apartment in Elm Park?

The cheapest apartment in Elm Park is The Central Building Residences which is listed at $1,292, while the average apartment in Elm Park costs $3,250.

What types of apartments are the cheapest in Elm Park?

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 37 regular apartments in Elm Park 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 Elm Park?

Cheap apartments in Elm Park have an average cost of $420 which is $2,830 cheaper than the average rent for all rentals in Elm Park.

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 Local Secrets: Finding the Top Affordable Neighborhoods for Renting in Worcester article

Local Secrets: Finding the Top Affordable Neighborhoods for Renting in Worcester

Written by: Kevin Wesley

Worcester is a vibrant, culturally rich and diverse city at the heart of central Massachusetts.

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.