
Cheap Homes for Rent near Elkhart, IA from $1,100 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Elkhart.


1108 NE 7th Ln

5711 NE Lowell Ln

4612 NE Milligan Ln

1219 NE Crossing Oaks Dr

1333 NE Crossing Oaks Dr

1313 NE Crossing Oaks Dr
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.

4331 NE 14th St

4421 NE 14th St

1215 NE Crossing Oaks Dr

1005 NE Kamies Ln

4543 NE McDougal Ln

4536 NE McDougal Ln

3101 NE 2nd Ln
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.
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 | $1,950 | $1,950 | $1,950 |
| Elkhart 3 Bedroom Homes for Rent | $2,016 | $1,655 | $2,995 |
| Elkhart 4 Bedroom Homes for Rent | $2,488 | $1,895 | $3,750 |
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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 Studio unit found at Trilein Village in the Georgetown neighborhood priced from $770. Brick Towne at Piper in the Georgetown neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here is today’s list of the most affordable Elkhart apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Trilein Village | Sterling Signature | Studio,1BA | $770 |
| Brick Towne at Piper | 1x1 | 1BR,1BA | $800 |
| 218 NW State St | 2 BD Legacy | 2BR,1BA | $845 |
| Applewood Properties | Two Bedroom | 2BR,1BA | $875 |
| Lake Shore Park | B3 | 2BR,1BA | $895 |
Best Value Apartments for Rent in Elkhart, IA and Nearby
As of July 31, 2026 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 Elm St - Ranch Finished Basement Model at Elm St Villas starting at $2,600 with a $0.94 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 |
| Elm St Villas | Elm St - Ranch Finished Basement | 3BR,3BA | $0.94 |
| Centennial Pointe West | Centennial Pointe West | 3BR,3BA | $1.00 |
| Northgate Apartments | 3 bedroom 2 bath | 3BR,2BA | $1.10 |
| Fieldstream Apartment Homes | Two Bedroom | 2BR,2BA | $1.16 |
| Applewood Properties | Two Bedroom | 2BR,1BA | $0.87 |
| Timberland at Crestbruck | Two Bedroom B | 2BR,1BA | $1.03 |
| Maple Apartments | 2BR/1.0BA | 2BR,1BA | $1.11 |
| Lake Shore Park | B1 | 2BR,1BA | $1.10 |
| 218 NW State St | 2 BD Legacy | 2BR,1BA | $1.06 |
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 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.
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Elkhart, IA Rentals by Map
See the most popular apartments and homes in Elkhart, IA
Frequently Asked Questions about Elkhart
What type of rentals are currently available in Elkhart?
There are currently 48 Apartments for Rent in Elkhart, IA with pricing that ranges from $760 to $3,305. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elkhart ranging from $1,195 to $3,750.
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 $1,195 to $3,750 with an average monthly rent of $1,912.
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 $1,261 to $3,305, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,655 to $2,995. Four Bedroom Single-Family rentals are also available starting from $1,895 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.

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.

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.

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.