Cheap Apartments for Rent in the First Neighborhood of Elkhart, IN from $605 (35 Rentals)

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

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.

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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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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

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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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
Showing Results 1-35, 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 Farmington Hills priced from $870. Old Farm Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $875. Here are the most affordable First apartments for rent in South Bend, IN:

Apartment ListingModel NameBed/BathPriced From
Farmington Hills1B1BR,1BA$870
Old Farm ApartmentsOne Bedroom1BR,1BA$875
Avalon West Apartment Homes1B/1B-Up1BR,1BA$885
328-330 W Marion St1BR/1.0BA1BR,1BA$995
York Woods Center1BR/1BA LOFT1BR,1BA$1,300
North River Landing ApartmentsThe Whitewater2BR,2BA$1,300
Stonewater at the RiverwalkA21BR,1BA$1,305
River Point West1/11BR,1BA$1,371
The DeltaThe Boston1BR,1BA$1,545

Best Value Apartments for Rent in First, IN

As of September 05, 2026 the best value apartment in the First 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 First apartment is the 1/1 Model at River Point West starting at $1,371 with a $1.48 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.
North River Landing ApartmentsThe Whitewater2BR,2BA$1.08
River Point West1/11BR,1BA$1.48
York Woods Center1BR/1BA LOFT1BR,1BA$1.44
The DeltaThe Cove ADA1BR,1BA$2.19
Stonewater at the RiverwalkA21BR,1BA$1.76
Avalon West Apartment Homes1B/1B-Up1BR,1BA$1.36
Old Farm ApartmentsOne Bedroom1BR,1BA$1.56
Farmington Hills1B1BR,1BA$1.58

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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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

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

The lowest price for a Cheap One Bedroom First Apartment is $870 at Farmington Hills.

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 $1,200 at 328-330 W Marion St.

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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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.