
Cheap Apartments for Rent in the Elm Park Neighborhood of Worcester, MA from $400 (41 Rentals)
Search the lowest-cost Apartments available for rent right now in the Elm Park area of Worcester.


78 Elm St

Aurora Apartments

776 Main St

76 Franklin St

8 Portland St

Total Monthly Price
586 Pleasant St, Unit Room 2

8 Portland St
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.

8 Portland St

New Park on the Grid

Portside on the Grid

76 Franklin St

76 Franklin St

76 Franklin St

507 Main St

Total Monthly Price
Colton Apartments
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.

60 Franklin St

34 Irving St

34 William St

34 William St

8 Portland St

Total Monthly Price
41 Hollywood St, Unit 3

Total Monthly Price
41 Hollywood St., Unit Apt 2

Bancroft On The Grid
Worcester's Best Affordable Neighborhoods
Learn about Worcester and the best places to live with original content written by our Local Expert Kevin Wesley

507 Main St

50 Franklin St

50 Franklin St

25 Columbia St

46 Irving St

126 Lincoln St

Hadley Apartments

30 Cedar St
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Houghton On The Grid

The Cedar House

18 Lancaster St

WPI Townhouses

Canal Lofts

Merrick at the Square

The Central Building Residences

6 Chatham St
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Sudbury Street Lofts
Elm Park, Worcester, MA Local Guide

How much does it cost to rent an apartment in Elm Park?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Elm Park Studio Apartments | $1,796 | $1,250 | $2,340 |
| Elm Park 1 Bedroom Apartments | $2,186 | $679 | $3,999 |
| Elm Park 2 Bedroom Apartments | $2,716 | $1,500 | $4,800 |
| Elm Park 3 Bedroom Apartments | $2,783 | $2,000 | $4,069 |
| Elm Park 4 Bedroom Apartments | $2,952 | $2,300 | $3,580 |
Browse Apartments in this Neighborhood
There are currently 41 rentals with your search options within a 1 mile radius of the Elm Park Neighborhood of Worcester, MA.
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Elm Park, Worcester, MA Local Guide
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Cheapest Available Elm Park Apartments for Rent
 The cheapest available apartment rental in the Elm Park area of Worcester, MA is a 1 Bed unit found at Residences on Lincoln Square, A 55+ Community priced from $679. Colton Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,200. Here are the most affordable Elm Park apartments for rent in Worcester, MA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Residences on Lincoln Square, A 55+ Community | Studio | 1BR,1BA | $679 |
| Colton Apartments | 0x1AcT3 | Studio,1BA | $1,200 |
| Aurora Apartments | Studio | Studio,1BA | $1,270 |
| The Central Building Residences | One Bedroom Call For Pricing | 1BR,1BA | $1,364 |
| Bancroft On The Grid | 0BR/1.0BA | Studio,1BA | $1,525 |
| Portland on the Grid | 0BR/1.0BA | Studio,1BA | $1,650 |
| 145 Front at City Square | Studio Floorplans | Studio,1BA | $1,719 |
Best Value Apartments for Rent in Elm Park, MA
As of January 22, 2026 the best value apartment in the Elm Park area is the $1.72 price per square foot 3 Bedroom Townhouse Model at Courthouse Lofts in the in the Elm Park neighborhood starting from $3,089. The second greatest value Elm Park apartment is the 2 Bed 1 Bath Model at Junction Shop Lofts starting at $2,080 with a $1.32 price per square foot in the West Tatnuck neighborhood. Here is today’s list of the best values for Elm Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Courthouse Lofts | 3 Bedroom Townhouse | 3BR,2.5BA | $1.72 |
| Junction Shop Lofts | 2 Bed 1 Bath | 2BR,1BA | $1.32 |
| 9 Townsend St, Unit 3 | 9 Townsend St | 4BR,1BA | $1.53 |
| 24 Crown St, Unit 3 | 24 Crown St | 3BR,1BA | $1.71 |
| 5 Clifton St, Unit 3 | 5 Clifton St | 3BR,1BA | $1.67 |
| 41 Hollywood St., Unit Apt. 1 | 41 Hollywood St. | 2BR,1BA | $1.73 |
| 20 Eden St | Three Bedroom | 3BR,1BA | $1.84 |
| 65 West St, Unit 2 | 65 West St | 1BR,1BA | $1.75 |
| 41 Hollywood St., Unit Apt 2 | 41 Hollywood St. | 1BR,1BA | $1.50 |
| Residences on Lincoln Square, A 55+ Community | One Bedroom | 1BR,1BA | $1.84 |
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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Read ArticleQuick 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.
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 $1,719.
What is the price of a cheap apartment in Elm Park?
The cheapest apartment in Elm Park is Residences on Lincoln Square, A 55+ Community which is listed at $679, while the average apartment in Elm Park costs $3,200.
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 17 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 $199 which is $3,001 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

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.

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.

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.

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.