1624 NW Prairie Lakes Dr
AnkenyIA50023
Cheap Homes for Rent in Elkhart, IA from $1,200 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Elkhart.
1206 SW Franklin Ct
AnkenyIA50023
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.
3911 NE Gardenia Ln
AnkenyIA50021
1147 NE 7th Ln
AnkenyIA50021
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.
1321 SE Delaware Ave
AnkenyIA50021
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Elkhart, IA Local Guide
White Barn by Carl Wycoff is licensed under CC BY 2.0
How much does it cost to rent a home in Elkhart?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elkhart 2 Bedroom Homes for Rent | $1,515 | $1,200 | $1,785 |
| Elkhart 3 Bedroom Homes for Rent | $2,011 | $1,500 | $2,395 |
| Elkhart 4 Bedroom Homes for Rent | $2,451 | $2,095 | $3,000 |
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 2 Beds unit found at Lake Shore Place in the Georgetown neighborhood priced from $769. Trailside Apartments in the Georgetown neighborhood has the second lowest priced unit, which is a 1 Bed 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 |
|---|---|---|---|
| Lake Shore Place | B1 | 2BR,1BA | $769 |
| Trailside Apartments | 1 Bedroom 1st Floor | 1BR,1BA | $795 |
| Timberland at Crestbruck | One Bedroom B | 1BR,1BA | $824 |
Best Value Apartments for Rent in Elkhart, IA and Nearby
As of January 26, 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 Pearson Model at The Ridge at Canyon Landing Townhomes starting at $1,601 with a $1.13 price per square foot in the Creekside 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 |
| The Pines | Triplex Outer Units | 2BR,2BA | $0.96 |
| Windsor Village Phase 1 | WV 3 Bed | 3BR,2BA | $1.13 |
| Prairie Lakes | Three Bedroom A | 3BR,2BA | $1.08 |
| Woodland Reserve Apartments | 2E 1187 sf | 2BR,2BA | $1.08 |
| Lake Shore Place | C1 | 3BR,2BA | $0.90 |
| Applewood Properties | Two Bedroom | 2BR,1BA | $0.87 |
| Lake Shore Park | B1 | 2BR,1BA | $1.13 |
| Village on State | 2BD LL | 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 Article
The 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
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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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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 45 Apartments for Rent in Elkhart, IA with pricing that ranges from $700 to $2,567. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elkhart ranging from $1,200 to $3,000.
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 $1,200 to $3,000 with an average monthly rent of $1,818.
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 $994 to $2,567, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $2,395. Four Bedroom Single-Family rentals are also available starting from $2,095 and Four Bedroom Apartments start at $2,275.
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.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
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.