
Cheap Apartments for Rent in Elkader, IA from $500 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in Elkader.


The Meadows Apartments

15 E Main St

Prairie View Apartments

Ruxton Apartments

Penn Place Apartments

Oak Creek Woods Apartments
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.

Maplewood Glen

Pioneer Court Apartments

Harvest Lofts

Union at North Crossing

Union at the Marina

Super 20 Mobile Home Park

1820 Radford Rd
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.

131 S Vine St

The Birch Street Apartments

Russell Lamson

208 W Main St

105 Ludland Dr

5900 Osage Rd

285 Cardiff St
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.

289 Cardiff St

124-136 Earl St

The Preserve at Crossroads

120 3rd St NE

725 Duggan Dr

626 University Ave

1338 Main St
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.

204 S Buchanan St

850 Nevada St

3090 N Grandview Ave
Elkader, IA Local Guide

How much does it cost to rent an apartment in Elkader?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elkader Studio Apartments | $1,087 | $725 | $1,210 |
| Elkader 1 Bedroom Apartments | $1,043 | $500 | $1,582 |
| Elkader 2 Bedroom Apartments | $1,352 | $700 | $2,510 |
| Elkader 3 Bedroom Apartments | $1,395 | $850 | $1,950 |
| Elkader 4 Bedroom Apartments | $1,645 | $1,495 | $1,795 |
Browse Top Apartments in Elkader
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Elkader, IA Local Guide
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Cheapest Available Elkader Apartments for Rent and Nearby
 The cheapest available apartment rental in Elkader, IA is a 1 Bed unit found at PDC Eco Cottages priced from $500. The Meadows Apartments in the Southlawn Court neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $620. Here is today’s list of the most affordable Elkader apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| PDC Eco Cottages | 1 Bedroom 30% | 1BR,1BA | $500 |
| The Meadows Apartments | Otter Creek 1Bd | 1BR,1BA | $620 |
| 15 E Main St | 1 Bed, 1 bath | 1BR,1BA | $650 |
| Prairie View Apartments | 32 Unit - Efficiency | Studio,1BA | $725 |
| Oak Creek Woods Apartments | 2 Beds, 2 baths | 2BR,2BA | $795 |
| Maplewood Glen | 1 Bed 1 Bath | 1BR,1BA | $833 |
| Union at North Crossing | 1 Bed 1 Bath | 1BR,1BA | $850 |
| Edgemont Park Apartments | One Bedroom Apartment With Poolside Balcony At ... | 1BR,1BA | $915 |
| Leavitt Park Apartments - Waterloo, IA | ***FIRST MONTH FREE!*** 2 Bed 1 Bath | Leavitt ... | 2BR,1BA | $920 |
| Super 20 Mobile Home Park | 3 Bed 2 Bath | 3BR,2BA | $945 |
Best Value Apartments for Rent in Elkader, IA and Nearby
As of May 03, 2026 the best value apartment in the Elkader area is the $0.74 price per square foot 3 Bed 2 Bath Model at Super 20 Mobile Home Park in the starting from $945. The second greatest value Elkader apartment is the 3BR/2B Model at Lawler School Lofts starting at $969 with a $0.81 price per square foot . Here is today’s list of the best values for Elkader apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Super 20 Mobile Home Park | 3 Bed 2 Bath | 3BR,2BA | $0.74 |
| Lawler School Lofts | 3BR/2B | 3BR,2BA | $0.81 |
| Arrow Ridge | Two Bedroom (A2) | 2BR,1BA | $1.16 |
| College Suites Peosta | 3 Bedroom Apartment - Price Per Bed! | 3BR,2BA | $0.56 |
| West Brook Apartments | Brand New 2 Bedroom/2 Bathroom Units at West Br... | 2BR,2BA | $1.15 |
| 15 E Main St | 1 Bed, 1 bath | 1BR,1BA | $0.65 |
| Penn Place Apartments | 2 Bedroom/2 Bath | 2BR,1.5BA | $1.06 |
| Maplewood Glen | 1 Bed 1 Bath | 1BR,1BA | $1.17 |
| PDC Eco Cottages | 1 Bedroom 30% | 1BR,1BA | $0.71 |
| The Meadows Apartments | Otter Creek 1Bd | 1BR,1BA | $1.03 |
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
Read Article10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Elkader, IA Rentals by Map
See the most popular apartments and homes in Elkader, IA
Frequently Asked Questions about Cheap Elkader Apartments
What is the Cheapest Studio apartment in Elkader?
Currently the most affordable Cheap Studio Apartment in Elkader is at Prairie View Apartments listed at $725.
How much is rent for a Cheap One Bedroom Elkader Apartment?
The lowest price for a Cheap One Bedroom Elkader Apartment is $500 at PDC Eco Cottages.
What is the lowest price for a Cheap Two Bedroom Elkader Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Elkader is starting from $750 at The Meadows Apartments.
What is the most affordable Elkader Three Bedroom Apartment?
The best deal on a cheap Elkader Three Bedroom Apartment rental is at The Meadows Apartments and starts from $850.
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

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.

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.

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.

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.