Cheap Apartments for Rent in Elkhart, IN from $605 (73 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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.

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
property at 508 W Marion St
$850 - $900
1 To 3 Bedroom Rentals
Available Now

508 W Marion St

ElkhartIN46516
property at 517 W Marion St
$850 - $950
Studio To 2 Bedroom Rentals
Available Now

517 W Marion St

ElkhartIN46516

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.

Read Article
property at 520 W Marion St
$1,000 - $1,100
1 To 2 Bedroom Rentals
Available Now

520 W Marion St

ElkhartIN46516

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.

Read Article
property at 230 Home Ave
$1,295

Total Monthly Price

Base Rent$1,295
Total Monthly Price$1,295
3 Bedroom, 1 Bath Home for Rent
Available Oct 14

230 Home Ave

ElkhartIN46516
property at 1011 Maple Row
$1,295

Total Monthly Price

Base Rent$1,295
Total Monthly Price$1,295
3 Bedroom, 1 Bath Home for Rent
Available Now
Cost Per Sq.Ft.

1011 Maple Row

ElkhartIN46514

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

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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
Overlook
1 to 3 Bedroom Apartments

Overlook

58720 Vista BlvdElkhart, IN 46517
close
View Me
Water Tower Place
1 to 3 Bedroom Apartments

Water Tower Place

320 La Salle StElkhart, IN 46516
Senior Living
  • Utilities Included

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
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: 09/08/2026

Current apartment rentals in the Elkhart, IN area range in price from $810 to $2,625 with an overall median price of $1,299. Here is today’s list neighborhoods with the lowest median pricing for Elkhart Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
North Elkhart$1,297$81015
South Elkhart$1,300$81019

Cheapest Available Elkhart Apartments for Rent

 

The cheapest available apartment rental in Elkhart, IN is a 1 Bed unit found at Overlook in the Impact neighborhood priced from $719. Flats at Pinecreek in the Outer Central South neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $836. Here is today’s list of the most affordable Elkhart apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Overlook1 Bedroom 1 Bath1BR,1BA$719
Flats at PinecreekThe Starling1BR,1BA$836
Farmington Hills1B1BR,1BA$870
Old Farm ApartmentsOne Bedroom1BR,1BA$883
Avalon West Apartment Homes1B/1B-Up1BR,1BA$885
Forest Glen Apartments1 Bed1BR,1BA$895
The Retreat Apartment Homes1 bd1BR,1BA$972
328-330 W Marion St1BR/1.0BA1BR,1BA$995
Avalon Woods Apartment HomesStyle F2BR,1BA$1,045
North Pointe ApartmentsOne Bedroom1BR,1BA$1,063

Best Value Apartments for Rent in Elkhart, IN

As of September 08, 2026 the best value apartment in the Elkhart area is the $1.08 price per square foot The Whitewater Model at North River Landing Apartments in the in the Bower neighborhood starting from $1,300. The second greatest value Elkhart apartment is the 3 Bedroom Model at Arbors at Riverbend Apartments starting at $1,320 with a $1.14 price per square foot in the Outer Central South 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.
North River Landing ApartmentsThe Whitewater2BR,2BA$1.08
Arbors at Riverbend Apartments3 Bedroom3BR,2BA$1.14
Avalon Woods Apartment HomesStyle G2BR,1.5BA$1.03
North LakeTwo Bedroom Apartment2BR,2BA$1.08
GREENLEAF2 bed 2 bath 1000 sq ft2BR,2BA$1.18
York Woods Center1BR/1BA LOFT1BR,1BA$1.44
Forest Glen Apartments2 BDR2BR,1BA$1.35
Overlook1 Bedroom 1 Bath1BR,1BA$1.00
The Retreat Apartment Homes1 bd1BR,1BA$1.37
Avalon West Apartment Homes1B/1B-Up1BR,1BA$1.36

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

Navigating 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 Article

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

How much is rent for a Cheap One Bedroom Elkhart Apartment?

The lowest price for a Cheap One Bedroom Elkhart Apartment is $719 at Overlook.

What is the lowest price for a Cheap Two Bedroom Elkhart Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Elkhart is starting from $857 at Overlook.

What is the most affordable Elkhart Three Bedroom Apartment?

The best deal on a cheap Elkhart Three Bedroom Apartment rental is at Forest Glen Apartments and starts from $1,165.

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

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

Written by: Wendy Melton

If Indiana is a central hub for the Midwest, South Bend is one of its strongest connectors, especially where education is concerned.

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

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.

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

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.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

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.