Cheap Apartments for Rent in the First Neighborhood of Elkhart, IN from $400 (28 Rentals)

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

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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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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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Water Tower Place
1 to 3 Bedroom Apartments

Water Tower Place

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

Autumn Court Apartments

2619 Decamp AveElkhart, IN 46517
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Four Seasons
3 Bedroom Apartments

Four Seasons

2937 Mallow StElkhart, IN 46514
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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

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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Showing Results 1-28, Page 1 of 1

First, Elkhart, IN Local Guide

Cheapest Available First Apartments for Rent

 

The cheapest available apartment rental in the First area of South Bend, IN is a 1 Bed unit found at Avalon West Apartment Homes priced from $870. Old Farm Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,118. Here are the most affordable First apartments for rent in South Bend, IN:

Apartment ListingModel NameBed/BathPriced From
Avalon West Apartment HomesPlan A1BR,1BA$870
Old Farm ApartmentsTwo Bedroom2BR,1BA$1,118
River Point West1/11BR,1BA$1,163
York Woods Center1BR/1BA LOFT1BR,1BA$1,300
The DeltaThe IrishStudio,1BA$1,445
Stonewater at the Riverwalk2BTH2BR,3BA$2,935

Best Value Apartments for Rent in First, IN

As of June 06, 2026 the best value apartment in the First 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 First apartment is the 2/2 Model at River Point West starting at $1,689 with a $1.58 price per square foot in the East Jackson neighborhood. Here is today’s list of the best values for First apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Stonewater at the Riverwalk2BTH2BR,3BA$1.39
River Point West2/22BR,2BA$1.58
York Woods Center1BR/1BA LOFT1BR,1BA$1.44
Old Farm ApartmentsTwo Bedroom2BR,1BA$1.65
The DeltaThe IrishStudio ,1BA$2.38
Avalon West Apartment HomesPlan A1BR,1BA$1.52

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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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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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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Lifestyle Ratings

Our team of engineers and researchers compiles millions of data points to bring you comprehensive Lifestyle Ratings of rentals in cities across the United States, including Elkhart. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including rankings of the best places for the best proximity to parks and outdoor amenities, luxury amenities, transit availability, pet-friendly communities, family-friendliness, and other valuable search options. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap First Apartments

What is the Cheapest Studio apartment in First?

Currently the most affordable Cheap Studio Apartment in First is at The Delta listed at $1,445.

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

The lowest price for a Cheap One Bedroom First Apartment is $870 at Avalon West Apartment Homes.

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

Today's best deal for a Cheap Two Bedroom Apartment in First is starting from $1,118 at Old Farm 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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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.

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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.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.