Cheap Apartments for Rent in Elkhart Lake, WI from $400 (32 Rentals)

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

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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Village Apartments
1 to 2 Bedroom Apartments

Village Apartments

1612 Coolidge StNew Holstein, WI 53061
  • Utilities Included

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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property at 222 E Main St

$795 - $995

1 To 3 Bedroom Rentals

Available Now

222 E Main St

ChiltonWI53014

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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2517 N 36th St
Studio to 2 Bedroom Apartments

2517 N 36th St

2517 N 36th StSheboygan, WI 53083
  • Utilities Included
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1018 N 27th St
1 to 2 Bedroom Apartments

1018 N 27th St

1018 N 27th StSheboygan, WI 53081
  • 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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Showing Results 1-32, Page 1 of 1

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 Club at Oak Creek in the Weeden Creek neighborhood priced from $949. Gateway Apartments in the Cooper neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $974. Here is today’s list of the most affordable Elkhart Lake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Club at Oak Creek1BR/1.0BA1BR,1BA$949
Gateway ApartmentsOne Bedroom1BR,1BA$974
Lakeview Village2 Bedroom2BR,1BA$1,095
Berkshire Sheboygan Falls Senior ApartmentsSenior Affordable 1442BR,1BA$1,206
The Preserve1 Bed1BR,1BA$1,225
The Landing at Hub CityB1 First Floor 1 Bedroom1BR,1BA$1,300
Garton Toy Factory2 Bedroom 2 Bath2BR,2BA$1,300
SCS Chilton Apartment CommunityHuntington 2 BR Upper Middle2BR,1BA$1,395
Sheboygan Riverwalk Apartment HomesThree Bedroom 15003BR,1BA$1,444
Harbor EstatesBW-C3BR,2BA$1,695

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

As of May 25, 2026 the best value apartment in the Elkhart Lake area is the $1.46 price per square foot Nature's Nook + Model at Whitetail Ridge at Elkhart Lake in the starting from $2,590. The second greatest value Elkhart Lake apartment is the Adeline (3GV) Garden Vista Model at The Apartments at North Town starting at $2,495 with a $1.45 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 Ridge at Elkhart LakeNature's Nook +3BR,2.5BA$1.46
The Apartments at North TownAdeline (3GV) Garden Vista3BR,2BA$1.45
Sheboygan Riverwalk Apartment HomesThree Bedroom 13803BR,2BA$1.07
Harbor EstatesBW-C3BR,2BA$1.37
Lakeview Village3 Bedroom3BR,1BA$1.11
SCS Chilton Apartment CommunityHuntington 2 BR Upper Middle2BR,1BA$1.34
Berkshire Sheboygan Falls Senior ApartmentsSenior Affordable 1442BR,1BA$1.24
Plank Trail Apartments LLC2BR/1BA Front2BR,1BA$1.38
Garton Toy Factory2 Bedroom 2 Bath2BR,2BA$1.35
Gateway ApartmentsOne Bedroom1BR,1BA$1.62

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

Explore Elkhart Lake, WI Rentals by Map

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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 $949 at The Club at Oak Creek.

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 $1,095 at Lakeview Village.

What is the most affordable Elkhart Lake Three Bedroom Apartment?

The best deal on a cheap Elkhart Lake Three Bedroom Apartment rental is at Lakeview Village and starts from $1,225.

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 A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.