Cheap Apartments for Rent in Elkhart Lake, WI from $479 (45 Rentals)

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

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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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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Village Apartments
1 to 2 Bedroom Apartments

Village Apartments

1612 Coolidge StNew Holstein, WI 53061
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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

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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property at 478 Cedar St

$1,245

2 Bedroom Rentals

Available Now

478 Cedar St

ChiltonWI53014
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River Valley View
1 to 2 Bedroom Apartments

River Valley View

3602 N 21st StSheboygan, WI 53083
Corporate Housing
  • 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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Showing Results 1-45, 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 Lakeview Village in the Cooper neighborhood priced from $945. The Club at Oak Creek in the Weeden Creek neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $949. Here is today’s list of the most affordable Elkhart Lake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Lakeview Village1 Bedroom1BR,1BA$945
The Club at Oak Creek1BR/1.0BA1BR,1BA$949
Gateway ApartmentsOne Bedroom1BR,1BA$974
bantr ChiltonOne Bedroom1BR,1BA$999
Berkshire Sheboygan Falls Senior ApartmentsSenior Affordable 1442BR,1BA$1,206
Whispering Oak Apartments1 Bed 1 Ba Upper, Int, Detached1BR,1BA$1,250
Sheboygan Riverwalk Apartment HomesTwo Bedroom 828-1022BR,1BA$1,260
Kennedy Drive EstatesTwo Bed Upper Split2BR,2BA$1,280
3202 Superior Ave2 Bed 2 Bath2BR,2BA$1,280
Windward Cove Apartments2BR/2BA LOWER2BR,2BA$1,325

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

As of August 24, 2026 the best value apartment in the Elkhart Lake area is the $1.13 price per square foot Townhome w/ 1 car garage Model at Green Meadows Townhomes in the in the Cooper neighborhood starting from $1,699. The second greatest value Elkhart Lake apartment is the Floor Plan B (Upper Unit) Model at Ashford Place starting at $1,715 with a $1.24 price per square foot in the Pigeon River 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.
Green Meadows TownhomesTownhome w/ 1 car garage2BR,2.5BA$1.13
Ashford PlaceFloor Plan B (Upper Unit)2BR,2BA$1.24
Lakeview Village3 Bedroom3BR,2BA$1.16
Sheboygan Riverwalk Apartment HomesTwo Bedroom 11792BR,1BA$1.14
3202 Superior Ave2 Bed 2 Bath2BR,2BA$1.16
Granite Trace Apartment HomesUpper Split2BR,2BA$1.30
Kennedy Drive EstatesTwo Bed Upper Split2BR,2BA$1.19
Windward Cove Apartments2BR/2BA LOWER2BR,2BA$1.27
Berkshire Sheboygan Falls Senior ApartmentsSenior Affordable 1442BR,1BA$1.24
Garton Toy Factory2 Bedroom 2 Bath2BR,2BA$1.40

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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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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See the most popular apartments and homes in Elkhart Lake, WI

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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 $945 at Lakeview Village.

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 $1,206 at Berkshire Sheboygan Falls Senior Apartments.

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 $1,395.

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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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.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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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.