Cheap Homes for Rent in Elkhart Lake, WI from $700 (13 Rentals)

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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.

property at 490 Cedar St

$1,145

2 Bedroom Rentals

Available Now

490 Cedar St

ChiltonWI53014

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.

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. 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
Lakeview Village1 Bed, 1 bath1BR,1BA$945
Gateway ApartmentsOne Bedroom1BR,1BA$974
The Club at Oak Creek1BR/1.0BA1BR,1BA$999
Valley1 Bed 1 Bath Upper Underground Parking1BR,1BA$1,049
Berkshire Sheboygan Falls Senior ApartmentsTownhome - Non Age Restricted3BR,2BA$1,065

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

As of April 01, 2026 the best value apartment in the Elkhart Lake area is the $1.17 price per square foot 3 BR/1.5 BA End, 2-car attached Model at Windward Cove Apartments in the in the Pigeon River neighborhood starting from $1,750. The second greatest value Elkhart Lake apartment is the Floor Plan C (Upper) Model at Ashford Place starting at $1,550 with a $1.12 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.
Windward Cove Apartments3 BR/1.5 BA End, 2-car attached3BR,1.5BA$1.17
Ashford PlaceFloor Plan C (Upper)2BR,2BA$1.12
Berkshire Sheboygan Falls Senior ApartmentsTownhome - Non Age Restricted3BR,2.5BA$0.86
Kennedy Drive Estates2bdx2bath split2BR,2BA$1.19
Whispering Oak Apartments2 Bed 2 Bath Lower Int, detached2BR,2BA$1.39
The Preserve2 Bed2BR,1BA$1.37
Garton Toy Factory2 Bedroom 2 Bath2BR,2BA$1.36
Courtyard ApartmentsCenter Foyer2BR,1BA$1.35
Union Square1 Bed 1 Bath Lower1BR,1BA$1.34
Lakeview Village1 Bed, 1 bath1BR,1BA$1.11

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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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!

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Frequently Asked Questions about Elkhart Lake

What type of rentals are currently available in Elkhart Lake?

There are currently 45 Apartments for Rent in Elkhart Lake, WI with pricing that ranges from $414 to $2,650. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elkhart Lake ranging from $700 to $2,800.

What is the current price range for Rental Homes in Elkhart Lake?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Elkhart Lake ranges from $700 to $2,800 with an average monthly rent of $1,567.

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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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.