Cheap Apartments for Rent in the Downtown Appleton Neighborhood of Appleton, WI from $500 (79 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown Appleton area of Appleton.

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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819 W Commercial St
$1,000 - $1,400
Total Monthly Price

Total Monthly Price

Base Rent
$1,000 - $1,400
Total Monthly Price
$1,000 - $1,400
2 to 3 Bedroom Apartment Available Jul 1

819 W Commercial St

819 W Commercial StAppleton, WI 54914
Affordability
  • Smoke Free

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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property at 2155 S Fountain Ave

$1,150

Total Monthly Price

Total Monthly Price

Base Rent
$1,150
Total Monthly Price
$1,150

3 Bedroom, 1.5 Bath Townhome for Rent

Available Jun 10

2155 S Fountain Ave

AppletonWI54915

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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Woolen Mills Lofts
1 to 3 Bedroom Apartments

Woolen Mills Lofts

218 E South Island StAppleton, WI 54915
  • Utilities Included
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Regency Court
1 Bedroom Apartments

Regency Court

2011 Regency CtAppleton, WI 54915
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TURTLE CAY
1 Bedroom Apartments

TURTLE CAY

2021 Regency CtAppleton, WI 54915
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Maplecrest Apartments
1 to 2 Bedroom Apartments

Maplecrest Apartments

2109 S Maplecrest DrAppleton, WI 54915
  • Utilities Included
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Schaefer St Apartments
1 to 2 Bedroom Apartments

Schaefer St Apartments

2212 S Schaefer StAppleton, WI 54915
  • Utilities Included

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.

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Downtown Appleton, Appleton, WI Local Guide

Cheapest Available Downtown Appleton Apartments for Rent

 

The cheapest available apartment rental in the Downtown Appleton area of Appleton, WI is a 2 Beds unit found at Craftsman Village of Appleton priced from $570. Schaefer St Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here are the most affordable Downtown Appleton apartments for rent in Appleton, WI:

Apartment ListingModel NameBed/BathPriced From
Craftsman Village of Appleton2 Bedroom2BR,1BA$570
Schaefer St Apartments1 Bedroom1BR,1BA$700
Forestview Ct. Apartments1 Bedroom upper1BR,1BA$750
Archive Apartments3x23BR,2BA$750
Heritage Estates1 bedroom1BR,1BA$850
Rise Apartments1 Bedroom1BR,1BA$891
Virginia Village1 Bed 1 Bath no garage1BR,1BA$899
The Ridge on Calumet1BR/1.0BA1BR,1BA$899
Lynndale Apartments2nd Floor W/O Dishwasher2BR,1BA$975

Best Value Apartments for Rent in Downtown Appleton, WI

As of May 21, 2026 the best value apartment in the Downtown Appleton area is the $0.88 price per square foot 3 Bedroom Model at Craftsman Village of Appleton in the in the Downtown Appleton neighborhood starting from $1,213. The second greatest value Downtown Appleton apartment is the 2X1 Model at 210 Royal Ct starting at $1,325 with a $1.02 price per square foot in the Downtown Appleton neighborhood. Here is today’s list of the best values for Downtown Appleton apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Craftsman Village of Appleton3 Bedroom2BR,1.5BA$0.88
210 Royal Ct2X12BR,1BA$1.02
Spencer Village Apartments-Appleton51 2BED/1BA2BR,1BA$1.06
Stone Meadows Apartments1 Bedroom (Upper)1BR,1BA$1.19
Lynndale Apartments3rd Floor W/O Dishwasher2BR,1BA$1.17
Northland2 Bed 1 Bath2BR,1BA$1.17
Royal Court Apartments2132BR,1BA$1.22
Wilson Heights2 Bedroom2BR,1BA$1.17
Heritage Estates1 bedroom1BR,1BA$1.03
Schaefer St Apartments1 Bedroom1BR,1BA$0.93

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

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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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Pet Friendly Lifestyle
Downtown Appleton, Appleton, WI

Ranked #2

Among cities in Wisconsin for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

Our team compiles millions of data points to bring you comprehensive Lifestyle Ratings of rentals in cities and towns across the United States and customized analysis for Central Appleton, WI. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for convenient access to the outdoors, luxury housing options, kid and pet-friendly communities, availability of transit options, in addition to floorplans, availablity, and pricing. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Downtown Appleton Apartments

What is the price of a cheap apartment in Downtown Appleton?

The cheapest apartment in Downtown Appleton is Schaefer St Apartments which is listed at $700, while the average apartment in Downtown Appleton costs $13,347.

What types of apartments are the cheapest in Downtown Appleton?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 14 regular apartments in Downtown Appleton that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Downtown Appleton?

Cheap apartments in Downtown Appleton have an average cost of $323 which is $13,024 cheaper than the average rent for all rentals in Downtown Appleton.

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

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.