Cheap Apartments for Rent in the Downtown Elkhart Neighborhood of Elkhart, IN from $605 (47 Rentals)

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

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.

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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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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

520 W Marion St

ElkhartIN46516

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.

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property at 1523 Osolo Rd
$1,200

Total Monthly Price

Base Rent$1,200
Total Monthly Price$1,200
1 Bedroom, 1 Bath Home for Rent
Available Now

1523 Osolo Rd

ElkhartIN46514
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Highland
1 to 4 Bedroom Apartments

Highland

1875 Osolo RdElkhart, IN 46514

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.

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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
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310 Division St
2 Bedroom Apartments

310 Division St

310 Division StElkhart, IN 46516

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.

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121-123 S Main St
2 Bedroom Apartments

121-123 S Main St

121 S Main StElkhart, IN 46516
  • Utilities Included
Showing Results 1-47, Page 1 of 1

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 Forest Glen Apartments priced from $895. 328-330 W Marion St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $900. Here are the most affordable Downtown Elkhart apartments for rent in South Bend, IN:

Apartment ListingModel NameBed/BathPriced From
Forest Glen Apartments1 Bed1BR,1BA$895
328-330 W Marion St1BR/1.0BA1BR,1BA$900
Avalon Woods Apartment HomesStyle F2BR,1BA$1,045
Woodwind Apartments1x11BR,1BA$1,069
Maple Lane ApartmentsMaple Manor2BR,1BA$1,150
GREENLEAF2 bed 2 bath 1000 sq ft2BR,2BA$1,175
York Woods Center1BR/1BA LOFT1BR,1BA$1,300
North River Landing ApartmentsThe Whitewater2BR,2BA$1,300
Stonewater at the RiverwalkA21BR,1BA$1,300
River Point West1/11BR,1BA$1,371

Best Value Apartments for Rent in Downtown Elkhart, IN

As of September 12, 2026 the best value apartment in the Downtown 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 Downtown Elkhart apartment is the Style G Model at Avalon Woods Apartment Homes starting at $1,070 with a $1.03 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.
North River Landing ApartmentsThe Whitewater2BR,2BA$1.08
Avalon Woods Apartment HomesStyle G2BR,1.5BA$1.03
Hunter's Pond Apartments2x1.5 Renovated2BR,1.5BA$1.56
GREENLEAF2 bed 2 bath 1000 sq ft2BR,2BA$1.18
River Point West1/11BR,1BA$1.48
York Woods Center1BR/1BA LOFT1BR,1BA$1.44
Forest Glen Apartments2 BDR2BR,1BA$1.35
Maple Lane ApartmentsMaple Ridge1BR,1BA$1.60
Stonewater at the RiverwalkA21BR,1BA$1.75
Woodwind Apartments1x1 Upgrade1BR,1BA$2.03

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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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.

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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.

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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!

Frequently Asked Questions about Cheap Downtown Elkhart Apartments

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

The lowest price for a Cheap One Bedroom Downtown Elkhart Apartment is $895 at Forest Glen 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 $1,010 at Forest Glen Apartments.

What is the most affordable Downtown Elkhart Three Bedroom Apartment?

The best deal on a cheap Downtown 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.

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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.

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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.

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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.