Cheap Apartments for Rent in the Downtown Elkhart Neighborhood of Elkhart, IN from $500 (19 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

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

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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Autumn Court Apartments
Studio to 2 Bedroom Apartments

Autumn Court Apartments

2619 Decamp AveElkhart, IN 46517
  • Utilities Included

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 2 Beds unit found at La Casa Estates priced from $770. Elkhart Green Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $865. Here are the most affordable Downtown Elkhart apartments for rent in South Bend, IN:

Apartment ListingModel NameBed/BathPriced From
La Casa Estates2 bedroom2BR,1BA$770
Elkhart Green Apartments11BR,1BA$865
Avalon Woods Apartment HomesStyle F2BR,1BA$945
Forest Glen Apartments2 Bed2BR,1BA$960
North River Landing ApartmentsThe Bayou2BR,2BA$1,100

Best Value Apartments for Rent in Downtown Elkhart, IN

As of October 23, 2025 the best value apartment in the Downtown Elkhart area is the $1.15 price per square foot 2 bed 2 bath 1000 sq ft Model at GREENLEAF in the in the East Jackson neighborhood starting from $1,150. The second greatest value Downtown Elkhart apartment is the Style F Model at Avalon Woods Apartment Homes starting at $945 with a $0.97 price per square foot in the East Jackson 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 1000 sq ft2BR,2BA$1.15
Avalon Woods Apartment HomesStyle F2BR,1BA$0.97
North River Landing ApartmentsThe Bayou2BR,2BA$1.19
York Woods Center1BR/1BA LOFT1BR,1BA$1.44
Maple Lane ApartmentsMaple Manor2BR,1BA$1.31
Forest Glen Apartments2 Bed2BR,1BA$1.13
River Point West1/11BR,1BA$1.64
Stonewater at the RiverwalkA21BR,1BA$1.72
Elkhart Green Apartments11BR,1BA$1.20
La Casa Estates2 bedroom2BR,1BA$1.13

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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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 #18

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!

Getting Around the Downtown Elkhart Neighborhood in Elkhart, IN

Walk Score®

76 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

60 / 100

Bikeable

Some bike infrastructure

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 $1,250.

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 $770 at La Casa Estates.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.