Cheap Apartments for Rent in the 46516 ZIP Code of Elkhart, IN from $300 (70 Rentals)

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Search the lowest-cost Apartments available for rent right now in the 46516 ZIP Code area of Elkhart.

The Expert List: South Bend's 7 Most Livable and Affordable Neighborhoods

Discover affordable South Bend neighborhoods like Swanson Park and Wooded Estates. Find your ideal rental with easy access to parks, shops, and community events.

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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
property at 520 W Marion St
$1,000 - $1,100
1 To 2 Bedroom Rentals
Available Now

520 W Marion St

ElkhartIN46516

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 230 Home Ave
$1,295

Total Monthly Price

Base Rent$1,295
Total Monthly Price$1,295
3 Bedroom, 1 Bath Home for Rent
Available Oct 14

230 Home Ave

ElkhartIN46516
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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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20 East Elkhart
1 to 2 Bedroom Apartments

20 East Elkhart

2125 Toledo RdElkhart, IN 46516

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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310 Division St
2 Bedroom Apartments

310 Division St

310 Division StElkhart, IN 46516
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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

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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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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Frequently Asked Questions about Cheap the 46516 ZIP Code Apartments

What is the Cheapest Studio apartment in 46516?

Currently the most affordable Cheap Studio Apartment in 46516 is at The Kentshire listed at $2,349.

How much is rent for a Cheap One Bedroom 46516 Apartment?

The lowest price for a Cheap One Bedroom 46516 Apartment is $1,700 at Berkeley Square.

What is the lowest price for a Cheap Two Bedroom 46516 Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in 46516 is starting from $2,275 at Country Village Towers.

What is the most affordable 46516 Three Bedroom Apartment?

The best deal on a cheap 46516 Three Bedroom Apartment rental is at Highlands Nanuet and starts from $3,789.

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

decorative image for Top Neighborhoods to Rent Near Major Colleges and Universities in South Bend, IN article

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.

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

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.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

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.