Cheap Homes for Rent in Algoma, WI from $700 (11 Rentals)

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Search the lowest-cost Homes 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.

Algoma, WI Local Guide

Cheapest Available Algoma Apartments for Rent and Nearby

 

The cheapest available apartment rental in Algoma, WI is a 2 Beds unit found at Pheasant Run Apartments in the East Shore Drive neighborhood priced from $795. Meadow View East in the East Shore Drive neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $820. Here is today’s list of the most affordable Algoma apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Pheasant Run Apartments2BR/2.0BA2BR,2BA$795
Meadow View East1 Bedroom1BR,1BA$820
Cedar Lake ApartmentsJenny Lane - 1000 Sqft2BR,1BA$900
Alfred Dr Apartments1748 F52BR,1BA$1,000
The Shores1 Bed Deluxe - 850 sqft1BR,1BA$1,080

Best Value Apartments for Rent in Algoma, WI and Nearby

As of June 17, 2025 the best value apartment in the Algoma area is the $0.86 price per square foot 2BR/2.0BA Model at Huron Grove Apartments in the in the Wilder Park neighborhood starting from $1,195. The second greatest value Algoma apartment is the 3 Bedroom Townhome Model at Meadow View East starting at $1,575 with a $1.21 price per square foot in the East Shore Drive 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.
Huron Grove Apartments2BR/2.0BA2BR,2BA$0.86
Meadow View East3 Bedroom Townhome3BR,2.5BA$1.21
Linden Pointe - Leased Residences2BR/1BA First Floor - Furnished Residence2BR,1BA$1.32
Pheasant Run Apartments1BR/1.0BA1BR,1BA$0.95
StradaleBronco1BR,1.5BA$1.14
Alfred Dr Apartments17482BR,1BA$1.10
204 N Water St204 N Water St2BR,1BA$0.79
Terrace LakeStonebrook2BR,1BA$1.19
The Shores1 Bed Deluxe - 850 sqft1BR,1BA$1.27
Cedar Lake ApartmentsLakeview - 800 Sqft1BR,1BA$1.38

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Frequently Asked Questions about Algoma

What type of rentals are currently available in Algoma?

There are currently 48 Apartments for Rent in Algoma, WI with pricing that ranges from $460 to $2,950. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Algoma ranging from $795 to $3,100.

What is the current price range for Rental Homes in Algoma?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Algoma ranges from $795 to $3,100 with an average monthly rent of $1,624.

How much are larger Three and Four Bedroom Rentals in Algoma?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Algoma range from $1,150 to $2,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $995 to $3,000. Four Bedroom Single-Family rentals are also available starting from $1,395 and Four Bedroom Apartments start at $2,000.

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.

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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.