Cheap Apartments for Rent in the North Elkhart Neighborhood of Elkhart, IN from $400 (43 Rentals)

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Search the lowest-cost Apartments available for rent right now in the North Elkhart 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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Highland
1 to 4 Bedroom Apartments

Highland

1875 Osolo RdElkhart, IN 46514
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Carriage House
1 to 3 Bedroom Apartments

Carriage House

1000 Portsmouth DrElkhart, IN 46517
  • Utilities Included
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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

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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Autumn Court Apartments
Studio to 2 Bedroom Apartments

Autumn Court Apartments

2619 Decamp AveElkhart, IN 46517
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20 East Elkhart
1 to 2 Bedroom Apartments

20 East Elkhart

2125 Toledo RdElkhart, IN 46516
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Four Seasons
3 Bedroom Apartments

Four Seasons

2937 Mallow StElkhart, IN 46514

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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Cobus Green
2 to 4 Bedroom Apartments

Cobus Green

54152 Ash RdOsceola, IN 46561
Showing Results 1-43, Page 1 of 1

North Elkhart, Elkhart, IN Local Guide

Cheapest Available North Elkhart Apartments for Rent

 

The cheapest available apartment rental in the North Elkhart area of Elkhart, 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 1 Bed apartment currently listed from $890. Here are the most affordable North Elkhart apartments for rent in Elkhart, IN:

Apartment ListingModel NameBed/BathPriced From
Avalon West Apartment HomesPlan A1BR,1BA$870
Old Farm ApartmentsOne Bedroom1BR,1BA$890
Forest Glen Apartments1 Bed1BR,1BA$895
Arbors at Riverbend Apartments1 Bedroom1BR,1BA$943
GOLFVIEWTwo Bedroom2BR,2BA$985
Northway Manor2 Bedroom Townhouse2BR,1BA$1,125
River Point West1/11BR,1BA$1,163
North LakeThree Bedroom Apartment3BR,2BA$1,170
Walnut Trails ApartmentsThe Frasier2BR,2BA$1,173
GREENLEAF2 bed 2 bath 1000 sq ft2BR,2BA$1,175

Best Value Apartments for Rent in North Elkhart, IN

As of June 11, 2026 the best value apartment in the North Elkhart 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 North Elkhart apartment is the Three Bedroom Apartment Model at North Lake starting at $1,170 with a $0.97 price per square foot in the Evergreen neighborhood. Here is today’s list of the best values for North Elkhart apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Stonewater at the Riverwalk2BTH2BR,3BA$1.39
North LakeThree Bedroom Apartment3BR,2BA$0.97
Walnut Trails ApartmentsThe Frasier2BR,2BA$1.14
The Highlands ApartmentsTwo Bedroom2BR,2BA$1.39
GREENLEAF2 bed 2 bath 1000 sq ft2BR,2BA$1.18
GOLFVIEWTwo Bedroom2BR,2BA$1.01
Forest Glen Apartments3 Bed3BR,1BA$1.23
Northway Manor2 Bedroom Townhouse2BR,1.5BA$1.21
York Woods Center1BR/1BA LOFT1BR,1BA$1.44
Arbors at Riverbend Apartments1 Bedroom1BR,1BA$1.28

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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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

ApartmentHomeLiving.com is happy to bring you comprehensive Lifestyle Ratings of rentals in areas across the United States and customized analysis for Central Elkhart, IN. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including rankings of the best places for outdoor amenities like tennis courts, luxury amenities, transit availability, pet-friendly communities, features that make it easier to raise kids, in addition to floorplans, availablity, and pricing. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap North Elkhart Apartments

What is a cheap apartment in North Elkhart?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in North Elkhart is under $1,175.

What is the price of a cheap apartment in North Elkhart?

The cheapest apartment in North Elkhart is Avalon West Apartment Homes which is listed at $870, while the average apartment in North Elkhart costs $1,471.

What types of apartments are the cheapest in North Elkhart?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 2 regular apartments in North Elkhart that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in North Elkhart?

Cheap apartments in North Elkhart have an average cost of $146 which is $1,325 cheaper than the average rent for all rentals in North Elkhart.

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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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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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.