Cheap Apartments for Rent in Elkhart, IN from $400 (55 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Elkhart.

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.

Read Article

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.

Read Article

Cash 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 Article
close
View Me
Highland
1 to 4 Bedroom Apartments

Highland

1875 Osolo RdElkhart, IN 46514
close
View Me
Carriage House
1 to 3 Bedroom Apartments

Carriage House

1000 Portsmouth DrElkhart, IN 46517
  • Utilities Included
close
View Me
Water Tower Place
1 to 3 Bedroom Apartments

Water Tower Place

320 La Salle StElkhart, IN 46516
Senior Living
  • Utilities Included
close
View Me
Autumn Court Apartments
Studio to 2 Bedroom Apartments

Autumn Court Apartments

2619 Decamp AveElkhart, IN 46517
  • Utilities Included

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.

Read Article
close
View Me
Ashton Pines
1 to 4 Bedroom Apartments

Ashton Pines

4353 Balsam Fir LnElkhart, IN 46517
  • Utilities Included
close
View Me
20 East Elkhart
1 to 2 Bedroom Apartments

20 East Elkhart

2125 Toledo RdElkhart, IN 46516
close
View Me
Four Seasons
3 Bedroom Apartments

Four Seasons

2937 Mallow StElkhart, IN 46514
close
View Me
121-123 S Main St
2 Bedroom Apartments

121-123 S Main St

121 S Main StElkhart, IN 46516
  • Utilities Included

The Expert List: South Bend's 7 Most Livable and Affordable Neighborhoods

Discover affordable South Bend neighborhoods like Swanson Park and Wooded Estates. Find your ideal rental with easy access to parks, shops, and community events.

Read Article
Showing Results 1-50, Page 1 of 2

Elkhart, IN Local Guide

Photo of Staff Writer - Local Guide Expert
Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Elkhart, IN

Pricing Updated: 06/10/2026

Current apartment rentals in the Elkhart, IN area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Elkhart Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
North Elkhart$1,471$49558
South Elkhart$1,471$49566

Cheapest Available Elkhart Apartments for Rent

 

The cheapest available apartment rental in Elkhart, IN is a 1 Bed unit found at Avalon West Apartment Homes in the Bower neighborhood priced from $870. Forest Glen Apartments in the Bower neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $895. Here is today’s list of the most affordable Elkhart apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Avalon West Apartment HomesPlan A1BR,1BA$870
Forest Glen Apartments1 Bed1BR,1BA$895
Arbors at Riverbend Apartments1 Bedroom1BR,1BA$943
Northway Manor2 Bedroom Townhouse2BR,1BA$1,125
River Point West1/11BR,1BA$1,163
North LakeThree Bedroom Apartment3BR,2BA$1,170
Walnut Trails ApartmentsThe Frasier2BR,2BA$1,173
York Woods Center1BR/1BA LOFT1BR,1BA$1,300
GREENLEAF2 bed 2 bath 1500 sq ft2BR,2BA$1,350
The Highlands ApartmentsTwo Bedroom2BR,2BA$1,423

Best Value Apartments for Rent in Elkhart, IN

As of June 10, 2026 the best value apartment in the Elkhart area is the $1.39 price per square foot 2BTH Model at Stonewater at the Riverwalk in the in the East Jackson neighborhood starting from $2,935. The second greatest value Elkhart apartment is the 3 bed 2 bath 1600 sq ft Model at GREENLEAF starting at $1,525 with a $0.95 price per square foot in the East Jackson neighborhood. Here is today’s list of the best values for Elkhart apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Stonewater at the Riverwalk2BTH2BR,3BA$1.39
GREENLEAF3 bed 2 bath 1600 sq ft3BR,2BA$0.95
North LakeThree Bedroom Apartment3BR,2BA$0.97
Walnut Trails ApartmentsThe Oak2BR,2BA$1.19
The Highlands ApartmentsTwo Bedroom2BR,2BA$1.39
Arbor Lakes ApartmentsTwo Bedroom2BR,2BA$1.48
Forest Glen Apartments3 Bed3BR,1BA$1.23
Northway Manor2 Bedroom Townhouse2BR,1.5BA$1.21
York Woods Center1BR/1BA LOFT1BR,1BA$1.44
Arbors at Riverbend Apartments1 Bedroom1BR,1BA$1.28

Top Neighborhoods to Rent Near Major Colleges and Universities in South Bend, IN

Find your ideal affordable rental near the University of Notre Dame, St. Mary's College, and Ivy Tech in South Bend, IN. Explore top neighborhoods now.

Read Article
Decorative image

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
Decorative image

Real 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 Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

Elkhart Overview

If you are planning on moving to the Midwest, you should consider living in Elkhart, Indiana. There are plenty of apartments in Elkhart, and this is a city that is located just east of South Bend, Indiana. There are lots of apartments in Elkhart available, but you need to find the right location for yourself and your family. What do you need to know about the local area? Do not forget that there are local experts who can help you find the right apartment to meet your needs.

Why live in Elkhart, IN?

There are plenty of reasons why people choose to live in Elkhart, Indiana. First, the cost of living is relatively low. If you live in Elkhart, your money is probably going to go a long way. Second, the traffic in the area is relatively light. It should not take you very long to get from place to place, and you will be able to spend more time with your family members and friends. Finally, Elkhart is also not that far away from South Bend, Indiana. If you want to check out Notre Dame university, you will not be that far away.

Best Local Schools in
Elkhart, IN

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Elkhart, IN Rentals by Map

Decorative image of map

See the most popular apartments and homes in Elkhart, IN

View Map
Elkhart, IN Apartments Map
View Map
Elkhart, IN Rental Homes Map

Frequently Asked Questions about Cheap Elkhart Apartments

What is a cheap apartment in Elkhart?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Elkhart is under $1,423.

What is the price of a cheap apartment in Elkhart?

The cheapest apartment in Elkhart is Avalon West Apartment Homes which is listed at $870, while the average apartment in Elkhart costs $1,471.

What types of apartments are the cheapest in Elkhart?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 4 regular apartments in Elkhart that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Elkhart?

Cheap apartments in Elkhart have an average cost of $152 which is $1,319 cheaper than the average rent for all rentals in Elkhart.

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

decorative image for The Expert List: South Bends 7 Most Livable and Affordable Neighborhoods article

The Expert List: South Bends 7 Most Livable and Affordable Neighborhoods

Written by: Chad Deitchley

As your ApartmentHomeLiving.com Local Expert for South Bend, Indiana I am happy to help you find an affordable place to live in this surprisingly vibrant and extremely livable city.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.