
Cheap Homes for Rent near Elkhart, IL from $850 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Elkhart.


616 New St

300 Forrest Ave

619 S 5th St
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.

1004 S 13th St

229 W Allen St

1408 N 15th St

1137 N 4th St
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, IL 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 | $1,119 | $925 | $1,500 |
| Elkhart 3 Bedroom Homes for Rent | $1,231 | $1,000 | $1,550 |
| Elkhart 4 Bedroom Homes for Rent | $1,725 | $1,600 | $1,850 |
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Elkhart, IL Local Guide
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Cheapest Available Elkhart Apartments for Rent and Nearby
 The cheapest available apartment rental in Elkhart, IL is a 1 Bed unit found at Lincoln Senior Flats priced from $400. Whispering Pines Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $600. Here is today’s list of the most affordable Elkhart apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lincoln Senior Flats | 1 Bed 1 Bath | 1BR,1BA | $400 |
| Whispering Pines Apartments | 1 Bed, 1 Bath - Essential | 1BR,1BA | $600 |
| Cobblestone Apartments | Cobblestone 1BD | 1BR,1BA | $750 |
Best Value Apartments for Rent in Elkhart, IL and Nearby
As of September 07, 2026 the best value apartment in the Elkhart area is the $0.90 price per square foot Townhome Model at Ravenwood Townhomes in the starting from $895. The second greatest value Elkhart apartment is the 2 Bedroom 1 Bath South Model at Orchard Park starting at $1,050 with a $1.06 price per square foot . 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. |
|---|---|---|---|
| Ravenwood Townhomes | Townhome | 2BR,1.5BA | $0.90 |
| Orchard Park | 2 Bedroom 1 Bath South | 2BR,1BA | $1.06 |
| The Boulevard Townhomes | Townhouse | 2BR,1.5BA | $1.04 |
| Safe Harbor Properties | 2 Bdr 1 Bath with Balcony. Capitol View. | 2BR,1BA | $1.08 |
| 3TEN Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.05 |
| Lincoln Senior Flats | 2 Bed 1 Bath | 2BR,1BA | $0.97 |
| Huntington Ridge Apartments | Two Bedroom | 2BR,1BA | $1.19 |
| Cobblestone Apartments | Cobblestone 2BD | 2BR,1BA | $1.06 |
| 2474 N Florian | 6 | 2BR,1.5BA | $1.13 |
| 106 S 4th St | 2 bedroom | 2BR,1BA | $1.21 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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.
Read ArticleQuick Rent Budget Calculator
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Elkhart, IL Rentals by Map
See the most popular apartments and homes in Elkhart, IL
Frequently Asked Questions about Elkhart
What type of rentals are currently available in Elkhart?
There are currently 47 Apartments for Rent in Elkhart, IL with pricing that ranges from $400 to $2,145. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elkhart ranging from $850 to $1,850.
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 $850 to $1,850 with an average monthly rent of $1,144.
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

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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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.