Cheap Apartments for Rent in the South Elkhart Neighborhood of Elkhart, IN from $400 (53 Rentals)

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Search the lowest-cost Apartments available for rent right now in the South 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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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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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
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Overlook
1 to 3 Bedroom Apartments

Overlook

58720 Vista BlvdElkhart, IN 46517
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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

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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Autumn Court Apartments
Studio to 2 Bedroom Apartments

Autumn Court Apartments

2619 Decamp AveElkhart, IN 46517
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Ashton Pines
1 to 4 Bedroom Apartments

Ashton Pines

4353 Balsam Fir LnElkhart, 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

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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Maple Court Place
1 to 4 Bedroom Apartments

Maple Court Place

2932 Elkhart RdGoshen, IN 46526
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Woodhaven Apartments
1 to 2 Bedroom Apartments

Woodhaven Apartments

2414 W Clinton StGoshen, IN 46526
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Twin Pines
1 to 3 Bedroom Apartments

Twin Pines

2011 W Wilden AveGoshen, IN 46528
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Cobus Green
2 to 4 Bedroom Apartments

Cobus Green

54152 Ash RdOsceola, IN 46561
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Roxbury Park
2 to 3 Bedroom Apartments

Roxbury Park

403 Post RdGoshen, IN 46526

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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South Elkhart, Elkhart, IN Local Guide

Cheapest Available South Elkhart Apartments for Rent

 

The cheapest available apartment rental in the South Elkhart area of Elkhart, IN is a 1 Bed unit found at Overlook priced from $719. Farmington Hills has the second lowest priced unit, which is a 1 Bed apartment currently listed from $870. Here are the most affordable South Elkhart apartments for rent in Elkhart, IN:

Apartment ListingModel NameBed/BathPriced From
Overlook1 Bedroom 1 Bath1BR,1BA$719
Farmington Hills1B1BR,1BA$870
Avalon West Apartment HomesPlan A1BR,1BA$870
Old Farm ApartmentsOne Bedroom1BR,1BA$878
GOLFVIEWOne Bedroom1BR,1BA$885
Forest Glen Apartments1 Bed1BR,1BA$895
Westgate Manor Apartments2 Bedroom2BR,1BA$1,000
North LakeTwo Bedroom Apartment2BR,2BA$1,100
The Highlands ApartmentsOne Bedroom1BR,1BA$1,109
Arbors at Riverbend Apartments2 Bedroom2BR,1BA$1,139

Best Value Apartments for Rent in South Elkhart, IN

As of July 25, 2026 the best value apartment in the South Elkhart area is the $1.43 price per square foot 3 Bed 2 Bath Model at Copperleaf Cove in the in the Goshen neighborhood starting from $1,849. The second greatest value South Elkhart apartment is the 3 Bedroom Model at Arbors at Riverbend Apartments starting at $1,320 with a $1.14 price per square foot in the Outer Central South neighborhood. Here is today’s list of the best values for South Elkhart apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Copperleaf Cove3 Bed 2 Bath3BR,2BA$1.43
Arbors at Riverbend Apartments3 Bedroom3BR,2BA$1.14
North LakeTwo Bedroom Apartment2BR,2BA$1.08
GREENLEAF2 bed 2 bath 1000 sq ft2BR,2BA$1.18
GOLFVIEWTwo Bedroom - Fully Renovated2BR,2BA$1.38
York Woods Center1BR/1BA LOFT1BR,1BA$1.44
Westgate Manor Apartments2 Bedroom2BR,1BA$1.32
Forest Glen Apartments2 BDR2BR,1BA$1.35
Overlook1 Bedroom 1 Bath1BR,1BA$1.00
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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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
South Elkhart, Elkhart, IN

Ranked #1

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
South Elkhart, Elkhart, IN

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, areas, and rental properties across Indiana including South Elkhart, Elkhart, and the greater Elkhart area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including searching for the best amenities, and convenient access to the outdoors, kid and pet-friendly communities, availability of transit options, 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 South Elkhart Apartments

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

The cheapest apartment in South Elkhart is Overlook which is listed at $719, while the average apartment in South Elkhart costs $1,471.

What types of apartments are the cheapest in South 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 5 regular apartments in South 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 South Elkhart?

Cheap apartments in South Elkhart have an average cost of $442 which is $1,029 cheaper than the average rent for all rentals in South 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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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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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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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.