Cheap Apartments for Rent in Algoma, WI from $400 (42 Rentals)

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Search the lowest-cost Apartments available for rent right now in Algoma.

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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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.

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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.

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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.

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Parkview Ridge
1 to 2 Bedroom Apartments

Parkview Ridge

2250-2264 Eastman AveGreen Bay, WI 54302
  • Utilities Included

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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The Ridge on Humboldt
2 to 3 Bedroom Apartments

The Ridge on Humboldt

2700 Humboldt RdGreen Bay, WI 54311
  • Utilities Included
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Sturgeon Bay
1 to 3 Bedroom Apartments

Sturgeon Bay

415 S Grant AveSturgeon Bay, WI 54235
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Algoma, WI Local Guide

Cheapest Available Algoma Apartments for Rent and Nearby

 

The cheapest available apartment rental in Algoma, WI is a 1 Bed unit found at Parkway Collective in the East Shore Drive neighborhood priced from $849. Parkview Ridge in the East Shore Drive neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $899. Here is today’s list of the most affordable Algoma apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Parkway Collective1BR/1.0BA1BR,1BA$849
Parkview Ridge1BR/1.0BA1BR,1BA$899
Cedar Lake ApartmentsJenny Lane - 750 Sqft1BR,1BA$900
Baird View HomesTwo Bedroom 27542BR,1BA$949
Brook Park Apartments1 bdrm upper1BR,1BA$995
Alfred Dr Apartments1748 F52BR,1BA$1,000
Harbour Springs ApartmentsUpper2BR,2BA$1,000
Cimarron Trails1 Bedroom1BR,1BA$1,064
Linden Pointe - Leased Residences2BR/1BA Lower Apartment2BR,1BA$1,089
Green Brook Heights3 bed / 1 bath3BR,1BA$1,095

Best Value Apartments for Rent in Algoma, WI and Nearby

As of June 12, 2026 the best value apartment in the Algoma area is the $1.04 price per square foot 2 Bedroom 2 Bath Model at Marina View Apartments in the starting from $1,500. The second greatest value Algoma apartment is the 2BR/2.0BA Model at Huron Grove starting at $1,195 with a $0.91 price per square foot in the Wilder Park neighborhood. Here is today’s list of the best values for Algoma apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Marina View Apartments2 Bedroom 2 Bath2BR,2BA$1.04
Huron Grove2BR/2.0BA2BR,2BA$0.91
Terrace LakeHorizon2BR,2BA$1.08
Harbour Springs ApartmentsUpper2BR,2BA$0.83
Pheasant Run Apartments2BR/2.0BA2BR,2BA$1.10
The Shores ApartmentsThe Deluxe - 1065 Sqft2BR,1BA$1.09
StradaleBronco1BR,1.5BA$1.14
Alfred Dr Apartments17482BR,1BA$1.10
Baird View HomesTwo Bedroom 27542BR,1BA$1.12
Parkway Collective1BR/1.0BA1BR,1BA$1.14

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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Quick 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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Algoma, WI Rentals by Map

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Frequently Asked Questions about Cheap Algoma Apartments

How much is rent for a Cheap One Bedroom Algoma Apartment?

The lowest price for a Cheap One Bedroom Algoma Apartment is $849 at Parkway Collective.

What is the lowest price for a Cheap Two Bedroom Algoma Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Algoma is starting from $949 at Baird View Homes.

What is the most affordable Algoma Three Bedroom Apartment?

The best deal on a cheap Algoma Three Bedroom Apartment rental is at Green Brook Heights and starts from $1,095.

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

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

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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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.

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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.

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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.