Cheap Apartments for Rent in Elkhart Lake, WI from $400 (21 Rentals)

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

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 Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Elkhart Lake, WI Local Guide

Cheapest Available Elkhart Lake Apartments for Rent and Nearby

 

The cheapest available apartment rental in Elkhart Lake, WI is a 1 Bed unit found at The Preserve priced from $435. 55 E Chicago St Kiel Wi has the second lowest priced unit, which is a 1 Bed apartment currently listed from $625. Here is today’s list of the most affordable Elkhart Lake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Preserve1 Bed1BR,1BA$435
55 E Chicago St Kiel Wi1 Bed, 1 bath1BR,1BA$625
bantr ChiltonStandard One Bed1BR,1BA$915
Village Apartments2 Bedroom2BR,1BA$925
Lakeview Village1 Bedroom1BR,1BA$945

Best Value Apartments for Rent in Elkhart Lake, WI and Nearby

As of June 14, 2025 the best value apartment in the Elkhart Lake area is the $1.58 price per square foot Nature Song Model at Whitetail Ridge in the starting from $2,700. The second greatest value Elkhart Lake apartment is the Cityside with 2 Stall Garage Model at Kingsbury Village starting at $1,950 with a $1.40 price per square foot in the Cooper neighborhood. Here is today’s list of the best values for Elkhart Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Whitetail RidgeNature Song2BR,2.5BA$1.58
Kingsbury VillageCityside with 2 Stall Garage2BR,2.5BA$1.40
Garton Toy Factory3 Bedroom 1 Bath3BR,1BA$1.28
2517 N 36th St2 Beds, 1 bath2BR,1BA$0.92
Berkshire Sheboygan Falls Senior ApartmentsSenior Market Rate 2232BR,2BA$1.30
Luxe Sheboygan Luxury Apartments2A2BR,2BA$1.62
SCS ChiltonBedford 2 BR2BR,2BA$1.48
Lakeview Village3 Bedroom3BR,1BA$1.11
The Preserve2 Bed2BR,1BA$0.92
Village Apartments2 Bedroom2BR,1BA$1.03

Quick Rent Budget Calculator

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

Explore Elkhart Lake, WI Rentals by Map

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Getting Around Elkhart Lake, WI

Walk Score®

23 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

38 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Elkhart Lake Apartments

How much is rent for a Cheap One Bedroom Elkhart Lake Apartment?

The lowest price for a Cheap One Bedroom Elkhart Lake Apartment is $435 at The Preserve.

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

Today's best deal for a Cheap Two Bedroom Apartment in Elkhart Lake is starting from $909 at The Preserve.

What is the most affordable Elkhart Lake Three Bedroom Apartment?

The best deal on a cheap Elkhart Lake Three Bedroom Apartment rental is at The Preserve and starts from $1,045.

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.