
Cheap Homes for Rent in the Elm Park Neighborhood of Worcester, MA from $1,500 (67 Rentals)
Search the lowest-cost Homes available for rent right now in the Elm Park area of Worcester.


43 Austin St, Unit 42

50 Franklin St, Unit 404

50 Franklin St, Unit 602

776 Main St

82 Franklin St, Unit 202

82 Franklin St, Unit 406

507 Main St, Unit 402

76 Franklin St, Unit 29

76 Franklin St, Unit 25
Worcester's Best Affordable Neighborhoods
Learn about Worcester and the best places to live with original content written by our Local Expert Kevin Wesley

82 Franklin St, Unit 205

507 Main St, Unit 301

8-16 Portlad St., Unit 406

8 Portland St, Unit 505

8 Portland St, Unit 506

76 Franklin St, Unit 21

60 Franklin St, Unit 302

60 Franklin St, Unit 203

24 Charlton St, Unit 10

24 Charlton St, Unit 12
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

75 Chatham St, Unit 4

50 Franklin St, Unit 331

507 Main St, Unit 206

76 Franklin St, Unit 19

24 Jackson St

60 Franklin St, Unit 405

29 William St, Unit 22

50 Franklin St, Unit 808

50 Franklin St, Unit 929

82 Franklin St, Unit 207
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.

50 Franklin St, Unit 407

26 Portland St, Unit 223

507 Main St, Unit 803

50 Franklin St, Unit 624

26 Portland St, Unit 131

50 Franklin St, Unit 722

26 Portland St, Unit 225

50 Franklin St, Unit 307

507 Main St, Unit 503

60 Franklin St, Unit 305
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.

507 Main St, Unit 809

82 Franklin St, Unit 100

50 Franklin St, Unit 919

507 Main St, Unit 807

50 Franklin St, Unit 325

50 Franklin St, Unit 323

507 Main St, Unit 507

50 Franklin St, Unit 220

50 Franklin St, Unit 1026

507 Main St, Unit 404
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.
Elm Park, Worcester, MA Local Guide

How much does it cost to rent a home in Elm Park?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Elm Park 2 Bedroom Homes for Rent | $2,100 | $1,600 | $2,600 |
| Elm Park 3 Bedroom Homes for Rent | $2,580 | $1,950 | $3,200 |
| Elm Park 4 Bedroom Homes for Rent | $3,000 | $2,100 | $3,900 |
| Elm Park 5 Bedroom Homes for Rent | $4,500 | $4,500 | $4,500 |
| Elm Park 6 Bedroom Homes for Rent | $3,400 | $3,400 | $3,400 |
Browse Homes for Rent in this Neighborhood
There are currently 67 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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Residences on Lincoln Square, A 55+ Community | Grove - Studio Income Restricted | Studio,1BA | $1,283 |
| The Central Building Residences | One Bedroom Call For Pricing | 1BR,1BA | $1,292 |
| Bancroft On The Grid | 0BR/1.0BA | Studio,1BA | $1,300 |
| New Park on the Grid | 0BR/1.0BA | Studio,1BA | $1,375 |
| Park Plaza on the Grid | WS200 | Studio,1BA | $1,395 |
| Portside on the Grid | WS300 | Studio,1BA | $1,425 |
| Portland on the Grid | 0BR/1.0BA | Studio,1BA | $1,650 |
| Residences on Madison | S1 | Studio,1BA | $1,670 |
| Junction Shop Lofts | 1 Bed 1 Bath | 1BR,1BA | $1,730 |
| The Reeds | A3 | Studio,1BA | $1,750 |
Best Value Apartments for Rent in Elm Park, MA
As of July 29, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 33 Providence St | 33 Providence St | 5BR,1BA | $1.67 |
| 14 Perkins St, Unit 2 | 14 Perkins St | 4BR,1BA | $1.44 |
| 70 Harrison St, Unit 2 | 70 Harrison St | 3BR,1BA | $1.76 |
| Junction Shop Lofts | 1 Bed 1 Bath | 1BR,1BA | $1.43 |
| 32 John St, Unit 3 | 32 John St | 4BR,1BA | $1.83 |
| 32 Dix St, Unit 3 bedrooms WPI area | 32 Dix St | 3BR,1BA | $1.75 |
| 20 Eden St | Three Bedroom | 3BR,1BA | $1.84 |
| Highland West | Amherst | 1BR,1BA | $2.15 |
| Colton Apartments | 2x1AcT3 | 2BR,1BA | $2.26 |
| 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 #13
Among cities in Massachusetts for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Elm Park
What type of rentals are currently available in Elm Park?
There are currently 362 Apartments for Rent in Elm Park, MA with pricing that ranges from $1,275 to $4,900. There are also 94 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elm Park ranging from $1,564 to $4,500.
What is the current price range for Rental Homes in Elm Park?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Elm Park ranges from $1,564 to $4,500 with an average monthly rent of $2,720.
How much are larger Three and Four Bedroom Rentals in Elm Park?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Elm Park range from $1,690 to $4,290, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,950 to $3,200. Four Bedroom Single-Family rentals are also available starting from $2,100 and Four Bedroom Apartments start at $2,200.
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.

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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.