Cheap Homes for Rent in Elkhart, IN from $700 (16 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Homes available for rent right now in Elkhart.

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.

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.

Elkhart, IN Local Guide

Cheapest Neighborhoods for Apartments in Elkhart, IN

Pricing Updated: 09/12/2025

Current apartment rentals in the Elkhart, IN area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Elkhart Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
North Elkhart$1,467$55068
South Elkhart$1,467$55079

Cheapest Available Elkhart Apartments for Rent

 

The cheapest available apartment rental in Elkhart, IN is a 2 Beds unit found at La Casa Estates in the East Jackson neighborhood priced from $770. FARMINGTON HILLS in the Impact neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here is today’s list of the most affordable Elkhart apartments for rent:

Apartment ListingModel NameBed/BathPriced From
La Casa Estates2 bedroom2BR,1BA$770
FARMINGTON HILLS1 BR1BR,1BA$800
Elkhart Green Apartments11BR,1BA$865
Woodwind Apartments1 BR/ 1 BA1BR,1BA$929
Avalon Woods Apartment HomesStyle G2BR,1BA$995

Best Value Apartments for Rent in Elkhart, IN

As of September 12, 2025 the best value apartment in the Elkhart area is the $0.87 price per square foot 118 S Main St Model at 118 S Main St, Unit 118 S. Main Unit B in the in the East Jackson neighborhood starting from $1,300. The second greatest value Elkhart apartment is the 3 Bedroom Model at Arbors at Riverbend Apartments starting at $1,316 with a $1.14 price per square foot in the Outer Central South neighborhood. Here is today’s list of the best values for Elkhart apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
118 S Main St, Unit 118 S. Main Unit B118 S Main St2BR,2BA$0.87
Arbors at Riverbend Apartments3 Bedroom3BR,2BA$1.14
Avalon Woods Apartment HomesStyle J2BR,1.5BA$1.00
Hunter's Pond2 Bedroom/ 2 Bath - Hunter's Pond2BR,2BA$1.25
North LakeTwo Bedroom Apartment2BR,2BA$0.98
GREENLEAF2 bed 2 bath 1000 sq ft2BR,2BA$1.10
North River Landing ApartmentsThe Bayou2BR,2BA$1.19
Maple Lane ApartmentsMaple Manor2BR,1BA$1.32
Elkhart Green Apartments11BR,1BA$1.20
La Casa Estates2 bedroom2BR,1BA$1.13

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.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Elkhart, IN Rentals by Map

View Map
Elkhart, IN Apartments Map
View Map
Elkhart, IN Rental Homes Map

Frequently Asked Questions about Elkhart

What type of rentals are currently available in Elkhart?

There are currently 105 Apartments for Rent in Elkhart, IN with pricing that ranges from $550 to $3,375. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elkhart ranging from $700 to $2,950.

What is the current price range for Rental Homes in Elkhart?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Elkhart ranges from $700 to $2,950 with an average monthly rent of $1,472.

How much are larger Three and Four Bedroom Rentals in Elkhart?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Elkhart range from $895 to $3,375, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $2,400. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $1,467.

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.

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

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.