Cheap Apartments for Rent in Algoma, WI from $400 (31 Rentals)

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

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.

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.

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.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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 Meadow View East in the East Shore Drive neighborhood priced from $820. Cherry Hills Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $825. Here is today’s list of the most affordable Algoma apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Meadow View East1 Bedroom1BR,1BA$820
Cherry Hills Apartments1 Bedroom1BR,1BA$825
Cedar Lake ApartmentsHighlands - 850-900 Sqft1BR,1BA$890
Brook Park Apartments1 bdrm upper1BR,1BA$950
Alfred Dr Apartments1748 F52BR,1BA$1,000
The Shores1 Bed Standard - 850 sqft1BR,1BA$1,010
Pheasant Run Apartments1BR/1.0BA1BR,1BA$1,065
Linden Pointe - Leased Residences2BR/1BA Second Floor Residence2BR,1BA$1,199
Elevate at Baird CreekThe GenuineStudio,1BA$1,225
Huron Grove Apartments2BR/2.0BA2BR,2BA$1,250

Best Value Apartments for Rent in Algoma, WI and Nearby

As of July 25, 2025 the best value apartment in the Algoma area is the $1.14 price per square foot 3 Bdrm lower Model at Brook Park Apartments in the in the East Shore Drive neighborhood starting from $1,600. The second greatest value Algoma apartment is the Horizon Model at Terrace Lake starting at $1,400 with a $1.08 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.
Brook Park Apartments3 Bdrm lower3BR,2BA$1.14
Terrace LakeHorizon2BR,2BA$1.08
Huron Grove Apartments2BR/2.0BA2BR,2BA$1.02
Pheasant Run Apartments2BR/2.0BA2BR,2BA$1.04
Linden Pointe - Leased Residences2BR/1BA First Floor - Furnished Residence2BR,1BA$1.32
The Shores2 Bed Deluxe- 1035 sqft2BR,1BA$1.18
Alfred Dr Apartments17482BR,1BA$1.10
Bay Pointe Apartments2 bed/2 bath standard, uppers & lowers (2/2C)2BR,2BA$1.37
Cedar Lake ApartmentsJenny Lane - 750 Sqft1BR,1BA$1.27
Meadow View East1 Bedroom1BR,1BA$1.10

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

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Getting Around Algoma, WI

Walk Score®

51 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

41 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 $820 at Meadow View East.

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 $935 at Cedar Lake Apartments.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.