
Cheap Apartments for Rent in the Elm Park Neighborhood of Worcester, MA from $400 (88 Rentals)
Search the lowest-cost Apartments available for rent right now in the Elm Park area of Worcester.


43 Austin St, Unit 42

Bancroft On The Grid

New Park on the Grid

76 Franklin St, Unit 6

76 Franklin St, Unit 39

76 Franklin St, Unit 15

507 Main St, Unit 402

507 Main St, Unit 702

Park Plaza on the Grid
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.

Portside on the Grid

50 Franklin St, Unit 726

50 Franklin St, Unit 1005

50 Franklin St, Unit 926

76 Franklin St, Unit 40

8 Portland St, Unit 304

12 Benefit St

50 Franklin St, Unit 210

45 Deerfield St

34 William St, Unit A
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.

5-7 Pleasant St

Total Monthly Price
The 6Hundred

123 Mayfield St

5 Allen St, Unit 4

60 Franklin St, Unit 401

82 Franklin St, Unit 307

Portland on the Grid

50 Franklin St, Unit 822

50 Franklin St, Unit 620

50 Franklin St, Unit 307
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.

50 Franklin St, Unit 929

507 Main St, Unit 503

Total Monthly Price
14 Catharine St

7 Cottage St

Junction Shop Lofts

The Reeds

Total Monthly Price
Edge Worcester

Total Monthly Price
Residences on Madison

70 Southbridge St, Unit 503

50 Franklin St, Unit 914
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.

17 Congress St

36 Cedar St

22 Waverly St

Total Monthly Price
145 Front at City Square

26 Portland St, Unit 110

507 Main St, Unit 405

517 Main St, Unit 401

50 Franklin St, Unit 326

Total Monthly Price
The Revington

Altitude
Worcester's Best Affordable Neighborhoods
Learn about Worcester and the best places to live with original content written by our Local Expert Kevin Wesley
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 | $1,716 | $1,200 | $2,294 |
| Elm Park 1 Bedroom Apartments | $2,245 | $1,500 | $3,140 |
| Elm Park 2 Bedroom Apartments | $2,862 | $1,498 | $4,900 |
| Elm Park 3 Bedroom Apartments | $2,572 | $1,849 | $6,300 |
| Elm Park 4 Bedroom Apartments | $2,522 | $1,700 | $3,580 |
Browse Apartments in this Neighborhood
There are currently 88 rentals with your search options within a 1 mile radius of the Elm Park Neighborhood of Worcester, MA.
See all Apartments in WorcesterExplore Worcester
Elm Park, Worcester, MA Local Guide
- Nearby Worcester neighborhoods
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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 The Central Building Residences priced from $1,292. Residences on Lincoln Square, A 55+ Community has the second lowest priced unit, which is a Studio apartment currently listed from $1,309. Here are the most affordable Elm Park apartments for rent in Worcester, MA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Central Building Residences | One Bedroom Call For Pricing | 1BR,1BA | $1,292 |
| Residences on Lincoln Square, A 55+ Community | Grove - Studio Income Restricted | Studio,1BA | $1,309 |
| Bancroft On The Grid | 0BR/1.0BA | Studio,1BA | $1,350 |
| The 6Hundred | 1x1G | 1BR,1BA | $1,577 |
| Park Plaza on the Grid | WA1400 | 1BR,1BA | $1,595 |
| Portland on the Grid | 0BR/1.0BA | Studio,1BA | $1,650 |
| The Reeds | A3 | Studio,1BA | $1,745 |
| Residences on Madison | S1 | Studio,1BA | $1,755 |
| 145 Front at City Square | Studio Floorplans | Studio,1BA | $1,853 |
Best Value Apartments for Rent in Elm Park, MA
As of June 08, 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, Unit 33 Providence St UNIT #1 in the in the Elm Park neighborhood starting from $3,000. The second greatest value Elm Park apartment is the 23 Shelby St Model at 23 Shelby St starting at $2,000 with a $1.53 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 33 Providence St, Unit 33 Providence St UNIT #1 | 33 Providence St | 5BR,1BA | $1.67 |
| 23 Shelby St | 23 Shelby St | 3BR,1BA | $1.53 |
| 61 Fox St | 61 Fox St | 4BR,1BA | $1.94 |
| 32 John St, Unit 3 | 32 John St | 4BR,1BA | $1.83 |
| 20 Eden St | Three Bedroom | 3BR,1BA | $1.84 |
| Highland West | Amherst | 1BR,1BA | $2.15 |
| 14 Catharine St | 14 Catharine St | 2BR,1BA | $1.70 |
| 2 Shirley St, Unit 2 | 2 Shirley St | 3BR,1BA | $1.95 |
| 19 Maple Tree Ln | 19 Maple Tree Ln | 3BR,1BA | $2.12 |
| The Central Building Residences | One Bedroom Call For Pricing | 1BR,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.
Read ArticleReal 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.
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.
Pet Friendly LifestyleElm Park, Worcester, MA
Ranked #12
Among cities in Massachusetts for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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 $1,853.
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 $3,400.
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 12 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 $508 which is $2,892 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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.