
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.


15 Hawley St, Unit 2

15 Hawley St, Unit 1

29 Irving St

Total Monthly Price
Colton Apartments

3 State St, Unit B1

Total Monthly Price
45 Millbury St, Unit #1, Unit #1

50 Franklin St, Unit 704

Bancroft On The Grid

New Park 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.

76 Franklin St, Unit 6

76 Franklin St, Unit 17

76 Franklin St, Unit 16

76 Franklin St, Unit 15

76 Franklin St, Unit 40

76 Franklin St, Unit 39

507 Main St, Unit 402

60 Merrick St, Unit 1L

Park Plaza on the Grid

Portside on the Grid
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.

507 Main St, Unit 702

50 Franklin St, Unit 726

50 Franklin St, Unit 1005

50 Franklin St, Unit 926

50 Franklin St, Unit 416

8 Portland St, Unit 304

50 Franklin St, Unit 716

Torrey Factory Lofts

8 Portland St, Unit 206

45 Deerfield St
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.

34 William St, Unit A

Total Monthly Price
41 Hollywood St., Unit Apt 2, Unit Apt 2

50 Franklin St, Unit 1014

7 Mt Pleasant St, Unit 2L

24 Charlton St, Unit 16

50 Franklin St, Unit 210

5-7 Pleasant St

26 Portland St, Unit 233

Portland on the Grid

29 Abbott St
Worcester's Best Affordable Neighborhoods
Learn about Worcester and the best places to live with original content written by our Local Expert Kevin Wesley

50 Franklin St, Unit 907

50 Franklin St, Unit 421

507 Main St, Unit 801

50 Franklin St, Unit 805

60 Franklin St, Unit 401

507 Main St, Unit 810

507 Main St, Unit 303

50 Franklin St, Unit 522

146 Chandler St, Unit 7

50 Franklin St, Unit 822
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.
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 | $1,697 | $1,200 | $2,380 |
| Elm Park 1 Bedroom Apartments | $2,142 | $1,200 | $2,995 |
| Elm Park 2 Bedroom Apartments | $2,793 | $1,700 | $4,800 |
| Elm Park 3 Bedroom Apartments | $2,769 | $1,742 | $6,300 |
| Elm Park 4 Bedroom Apartments | $2,808 | $2,000 | $3,600 |
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.
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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 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 | WS200 | Studio,1BA | $1,350 |
| Park Plaza on the Grid | WS200 | Studio,1BA | $1,425 |
| Portside on the Grid | 0BR/1.0BA | Studio,1BA | $1,425 |
| Portland on the Grid | 0BR/1.0BA | Studio,1BA | $1,600 |
| The Revington | S1B | Studio,1BA | $1,730 |
| Kelley Square Lofts | Studio | Studio,1BA | $1,795 |
Best Value Apartments for Rent in Elm Park, MA
As of April 23, 2026 the best value apartment in the Elm Park area is the $1.61 price per square foot 3 Bedroom Townhouse Model at Courthouse Lofts in the in the Elm Park neighborhood starting from $2,900. The second greatest value Elm Park apartment is the 10 Cottage St Model at 10 Cottage St, Unit 1 starting at $2,350 with a $1.88 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 | $1.61 |
| 10 Cottage St, Unit 1 | 10 Cottage St | 3BR,1BA | $1.88 |
| 32 John St, Unit 3 | 32 John St | 4BR,1BA | $1.83 |
| 41 Hollywood St., Unit Apt. 1 | 41 Hollywood St. | 2BR,1BA | $1.73 |
| 41 Hollywood St., Unit Apt 2 | 41 Hollywood St. | 1BR,1BA | $1.50 |
| Highland West | Auburn | 1BR,1BA | $2.00 |
| 71 June St, Unit 2 | 71 June St | 2BR,2BA | $2.59 |
| The Central Building Residences | One Bedroom Call For Pricing | 1BR,1BA | $1.88 |
| Residences on Lincoln Square, A 55+ Community | Grove - Studio Income Restricted | Studio ,1BA | $2.25 |
| 45 Millbury St, Unit #1 | 45 Millbury St | Studio ,1BA | $2.50 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe 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.
Read ArticleCash 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.
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 #9
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 $1,795.
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 $4,050.
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 2 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 $3,851 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.

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.

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.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.