Cheap Homes for Rent near Elk Mound, WI from $500 (12 Rentals)

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Search the lowest-cost Homes available for rent right now in Elk Mound.

property at 301 Main St E

$700 - $1,000

Studio To 2 Bedroom Rentals

Available Now

301 Main St E

MenomonieWI54751
property at 224 Main St E

$925 - $1,200

1 To 2 Bedroom Rentals

Available Now

224 Main St E

MenomonieWI54751

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.

property at 3137 Runway Ave

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

3 Bedroom, 1 Bath Townhome for Rent

Available Now

3137 Runway Ave

Eau ClaireWI54703
property at 729 Chippewa St

$1,150

Total Monthly Price

Total Monthly Price

Base Rent
$1,150

Total Monthly Price
$1,150

3 Bedroom, 1 Bath Home for Rent

Available Now

729 Chippewa St

Eau ClaireWI54703
property at 110 Niagara St

$1,170

Total Monthly Price

Total Monthly Price

Base Rent
$1,170

Total Monthly Price
$1,170

3 Bedroom, 1 Bath Home for Rent

Available Now

110 Niagara St

Eau ClaireWI54703

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.

Elk Mound, WI Local Guide

Cheapest Available Elk Mound Apartments for Rent and Nearby

 

The cheapest available apartment rental in Elk Mound, WI is a 2 Beds unit found at The Eddy in the Downtown Eau Claire neighborhood priced from $500. Metro Crossing in the Downtown Eau Claire neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $550. Here is today’s list of the most affordable Elk Mound apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The EddyTwo Bedroom - Income Based Rent2BR,2BA$500
Metro CrossingSingle Bedroom - Shared Common Space1BR,1BA$550
212 Fulton St2BR/1BA2BR,1BA$795
Englewood2 Bedroom - Chippewa Falls2BR,1BA$832
The GrandThe Washington1BR,1BA$925

Best Value Apartments for Rent in Elk Mound, WI and Nearby

As of July 17, 2026 the best value apartment in the Elk Mound area is the $1.33 price per square foot 2BR/1.5BA Model at Azure in the in the Downtown Eau Claire neighborhood starting from $1,495. The second greatest value Elk Mound apartment is the 3 BR TH Model at Woodsedge starting at $1,509 with a $1.45 price per square foot in the Downtown Eau Claire neighborhood. Here is today’s list of the best values for Elk Mound apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Azure2BR/1.5BA2BR,1.5BA$1.33
Woodsedge3 BR TH3BR,1.5BA$1.45
Galloway FlatsQuartz2BR,2BA$1.49
312 Wisconsin Street2BR/1.0BA2BR,1BA$1.39
4532 Arrowhead DrUpstairs Two Bedroom2BR,1BA$1.04
610 Gray St Apartments2BD/1BA2BR,1BA$1.32
City Line HeightsMagnolia1BR,1BA$1.38
Hamilton Square ApartmentsRemodeled2BR,1BA$1.33
212 Fulton St2BR/1BA2BR,1BA$1.06
The EddyOne Bedroom1BR,1BA$1.40

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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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!

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Frequently Asked Questions about Elk Mound

What type of rentals are currently available in Elk Mound?

There are currently 59 Apartments for Rent in Elk Mound, WI with pricing that ranges from $485 to $3,200. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elk Mound ranging from $545 to $2,400.

What is the current price range for Rental Homes in Elk Mound?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Elk Mound ranges from $545 to $2,400 with an average monthly rent of $1,176.

How much are larger Three and Four Bedroom Rentals in Elk Mound?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Elk Mound range from $899 to $2,590, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $1,750. Four Bedroom Single-Family rentals are also available starting from $545 and Four Bedroom Apartments start at $2,200.

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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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.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.