
Cheap Homes for Rent near Algoma, WI from $745 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Algoma.


1030 Harvey St

1168 Shawano Ave

816 7th St

1263 Chicago St

911 Smith St
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.

1510 24th St

334 S Quincy St

521 12th Ave

3704 Parkway Blvd

416 Pecor St

106 S Clay St
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.
Algoma, WI Local Guide

How much does it cost to rent a home in Algoma?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Algoma 2 Bedroom Homes for Rent | $1,450 | $745 | $2,300 |
| Algoma 3 Bedroom Homes for Rent | $2,054 | $945 | $2,995 |
| Algoma 4 Bedroom Homes for Rent | $2,810 | $2,125 | $3,495 |
| Algoma 7 Bedroom Homes for Rent | $1,895 | $1,895 | $1,895 |
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Algoma, WI Local Guide
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Cheapest Available Algoma Apartments for Rent and Nearby
 The cheapest available apartment rental in Algoma, WI is a 3 Beds unit found at Bay City Lofts in the East Shore Drive neighborhood priced from $686. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Bay City Lofts | 3Bd/2Bth | 3BR,1BA | $686 |
| Parkview Ridge | 1BR/1.0BA | 1BR,1BA | $899 |
| Parkway Collective | 1BR/1.0BA | 1BR,1BA | $949 |
| Brook Park Apartments | 1 bdrm upper | 1BR,1BA | $995 |
| 516 Baird Creek Road | 516 Baird Creek- 19 | 2BR,1BA | $999 |
Best Value Apartments for Rent in Algoma, WI and Nearby
As of September 06, 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 3Bd/2Bth Model at Bay City Lofts starting at $686 with a $0.53 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Marina View Apartments | 2 Bedroom 2 Bath | 2BR,2BA | $1.04 |
| Bay City Lofts | 3Bd/2Bth | 3BR,1.5BA | $0.53 |
| East Mason Apartments | 2 Bedroom 2 bath 2 Stall Garage | 2BR,2BA | $1.16 |
| Pheasant Run Apartments | 2BR/2.0BA | 2BR,2BA | $0.98 |
| Harbour Springs Apartments | Upper | 2BR,2BA | $0.83 |
| Linden Pointe - Leased Residences | 2BR/1BA First Floor - Furnished Residence | 2BR,1BA | $1.18 |
| Harbor Pointe | Tieton | 1BR,1.5BA | $1.24 |
| Alfred Dr Apartments | 1748 | 2BR,1BA | $1.10 |
| 516 Baird Creek Road | 516 Baird Creek- 19 | 2BR,1BA | $1.18 |
| Brook Park Apartments | 1 bdrm upper | 1BR,1BA | $1.17 |
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 ArticleNavigating 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.
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
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Algoma, WI
Frequently Asked Questions about Algoma
What type of rentals are currently available in Algoma?
There are currently 54 Apartments for Rent in Algoma, WI with pricing that ranges from $492 to $2,350. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Algoma ranging from $745 to $3,495.
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 $745 to $3,495 with an average monthly rent of $1,672.
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

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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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.