
Cheap Homes for Rent in Elkhart, IA from $900 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Elkhart.


1206 SW Franklin Ct
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.

1624 NW Prairie Lakes Dr

1632 NW Prairie Lakes Dr
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.

2008 NW Ashton Ln
Elkhart, IA Local Guide

How much does it cost to rent a home in Elkhart?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elkhart 2 Bedroom Homes for Rent | $1,287 | $950 | $1,600 |
| Elkhart 3 Bedroom Homes for Rent | $1,985 | $1,395 | $2,995 |
| Elkhart 4 Bedroom Homes for Rent | $2,330 | $2,095 | $2,495 |
Browse Top Homes for Rent in Elkhart
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Elkhart, IA Local Guide
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Cheapest Available Elkhart Apartments for Rent and Nearby
 The cheapest available apartment rental in Elkhart, IA is a 1 Bed unit found at Ankeny Park Apartments in the Georgetown neighborhood priced from $700. Belmont Manor in the Hayes Acres neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $795. Here is today’s list of the most affordable Elkhart apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Ankeny Park Apartments | 1B1B | 1BR,1BA | $700 |
| Belmont Manor | 2 BR Central Air Balcony | 2BR,1BA | $795 |
| Starland 2002 Hickory LLC | One Bedroom, one bath unit. | 1BR,1BA | $795 |
Best Value Apartments for Rent in Elkhart, IA and Nearby
As of December 11, 2025 the best value apartment in the Elkhart area is the $0.77 price per square foot Four bed Model at Prairie Trails in the in the Hayes Acres neighborhood starting from $2,300. The second greatest value Elkhart apartment is the Pearson Model at The Ridge at Canyon Landing Townhomes starting at $1,599 with a $1.13 price per square foot in the Hayes Acres neighborhood. Here is today’s list of the best values for Elkhart apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Prairie Trails | Four bed | 4BR,3BA | $0.77 |
| The Ridge at Canyon Landing Townhomes | Pearson | 3BR,2.5BA | $1.13 |
| Windsor Village Phase 1 | WV 3 Bed | 3BR,2BA | $1.13 |
| Prairie Lakes | Three Bedroom A | 3BR,2BA | $1.08 |
| Lake Shore Place | C1 | 3BR,2BA | $1.05 |
| Applewood Properties | Two Bedroom | 2BR,1BA | $0.85 |
| Fieldstream Apartment Homes | One Bedroom | 1BR,1BA | $1.15 |
| Village on State | 2BD LL | 2BR,1BA | $1.06 |
| Starland 2002 Hickory LLC | One Bedroom, one bath unit. | 1BR,1BA | $1.14 |
| Belmont Manor | 2 BR Central Air Balcony | 2BR,1BA | $1.16 |
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 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 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!
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Frequently Asked Questions about Elkhart
What type of rentals are currently available in Elkhart?
There are currently 44 Apartments for Rent in Elkhart, IA with pricing that ranges from $700 to $2,448. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elkhart ranging from $950 to $2,995.
What is the current price range for Rental Homes in Elkhart?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Elkhart ranges from $950 to $2,995 with an average monthly rent of $1,699.
How much are larger Three and Four Bedroom Rentals in Elkhart?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Elkhart range from $1,150 to $2,448, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,395 to $2,995. Four Bedroom Single-Family rentals are also available starting from $2,095 and Four Bedroom Apartments start at $2,210.
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 Local Expert's Guide To the Top Budget-Friendly Neighborhoods to Rent in Des Moines, Iowa
Written by: Joseph Isenberg
I'm Joe, the ApartmentHomeLiving.com Local Expert for Des Moines and Central Iowa. My parents moved to Central Iowa in 1967, and my family has been here ever since.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!