Cheap Apartments for Rent in the Downtown Elkhart Neighborhood of Elkhart, IN from $500 (18 Rentals)

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

property at 415 N 2nd St

$650

1 Bedroom Rentals

Available Now

415 N 2nd St

ElkhartIN46516

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.

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.

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Highland
1 to 4 Bedroom Apartments

Highland

1875 Osolo RdElkhart, IN 46514
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Water Tower Place
1 to 3 Bedroom Apartments

Water Tower Place

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

Autumn Court Apartments

2619 Decamp AveElkhart, IN 46517
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Downtown Elkhart, Elkhart, IN Local Guide

Cheapest Available Downtown Elkhart Apartments for Rent

 

The cheapest available apartment rental in the Downtown Elkhart area of South Bend, IN is a 1 Bed unit found at Elkhart Green Apartments priced from $865. Avalon Woods Apartment Homes has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,005. Here are the most affordable Downtown Elkhart apartments for rent in South Bend, IN:

Apartment ListingModel NameBed/BathPriced From
Elkhart Green Apartments11BR,1BA$865
Avalon Woods Apartment HomesStyle F2BR,1BA$1,005
Northway Manor2 Bedroom Townhouse2BR,1BA$1,100
Woodwind Apartments1x1 Reno1BR,1BA$1,149
River Point West1/11BR,1BA$1,163

Best Value Apartments for Rent in Downtown Elkhart, IN

As of January 27, 2026 the best value apartment in the Downtown Elkhart area is the $1.03 price per square foot 2 bed 2 bath 1200 sq ft Model at GREENLEAF in the in the East Jackson neighborhood starting from $1,235. The second greatest value Downtown Elkhart apartment is the The Whitewater Model at North River Landing Apartments starting at $1,300 with a $1.08 price per square foot in the Bower neighborhood. Here is today’s list of the best values for Downtown Elkhart apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
GREENLEAF2 bed 2 bath 1200 sq ft2BR,2BA$1.03
North River Landing ApartmentsThe Whitewater2BR,2BA$1.08
Avalon Woods Apartment HomesStyle J2BR,1.5BA$1.00
Maple Lane ApartmentsExecutive Suites2BR,1BA$1.59
Northway Manor2 Bedroom Townhouse2BR,1.5BA$1.18
River Point West1/11BR,1BA$1.26
York Woods Center1BR/1BA LOFT1BR,1BA$1.44
Stonewater at the RiverwalkA11BR,1BA$2.05
Elkhart Green Apartments11BR,1BA$1.20
Woodwind Apartments1x1 Reno1BR,1BA$2.09

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.

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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.

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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.

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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.

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Pet Friendly Lifestyle
Downtown Elkhart, Elkhart, IN

Ranked #17

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, and customized analysis for Eastern South Bend. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for the best outdoor access, luxury housing options, kid and pet-friendly communities, availability of transit options, and more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Downtown Elkhart Apartments

What is the Cheapest Studio apartment in Downtown Elkhart?

Currently the most affordable Cheap Studio Apartment in Downtown Elkhart is at The Delta listed at $1,470.

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

The lowest price for a Cheap One Bedroom Downtown Elkhart Apartment is $865 at Elkhart Green Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Downtown Elkhart is starting from $945 at Elkhart Green Apartments.

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

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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.

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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.

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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.

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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.