
Cheap Apartments for Rent in Elkhorn, WI from $400 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in Elkhorn.


Elkhorn Commons Apartments

Jackson Creek Senior Apartments

Sedgemeadow

Elkhorn Apartments
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.

Elkhorn Village

Meadow Blossom Apartments

445 Hartwell

Fox Crossing II

Brass Works Apartments
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 Heritage

Phoenix Street Apartments

Parkside Village-Delavan

Hawks Nest Apartments

404 S Main St
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.

204 W Main St

4256 Fox Hills Ct
Elkhorn, WI Local Guide

How much does it cost to rent an apartment in Elkhorn?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elkhorn Studio Apartments | $1,206 | $1,195 | $1,230 |
| Elkhorn 1 Bedroom Apartments | $1,185 | $464 | $1,490 |
| Elkhorn 2 Bedroom Apartments | $1,561 | $677 | $2,155 |
| Elkhorn 3 Bedroom Apartments | $1,824 | $749 | $2,375 |
| Elkhorn 4 Bedroom Apartments | $2,413 | $2,345 | $2,470 |
Browse Top Apartments in Elkhorn
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Elkhorn, WI Local Guide
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Cheapest Available Elkhorn Apartments for Rent and Nearby
 The cheapest available apartment rental in Elkhorn, WI is a 1 Bed unit found at Phoenix Street Apartments in the Ellis Farms neighborhood priced from $849. First Avenue Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,099. Here is today’s list of the most affordable Elkhorn apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Phoenix Street Apartments | 1 Bedroom, 1 Bath | 1BR,1BA | $849 |
| First Avenue Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1,099 |
| Prairie Landing | maple | 2BR,1BA | $1,175 |
| Oak Terrace Apartments | 1BR/1BA | 1BR,1BA | $1,250 |
| Honey Creek Apartments | Bayview | 1BR,1BA | $1,290 |
Best Value Apartments for Rent in Elkhorn, WI and Nearby
As of February 06, 2026 the best value apartment in the Elkhorn area is the $1.20 price per square foot Middle Unit Model at Lakeside Townhomes in the starting from $2,010. The second greatest value Elkhorn apartment is the Duplex Model at Autumn Ridge Apartment Homes starting at $2,175 with a $1.30 price per square foot in the Ellis Farms neighborhood. Here is today’s list of the best values for Elkhorn apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Lakeside Townhomes | Middle Unit | 3BR,2.5BA | $1.20 |
| Autumn Ridge Apartment Homes | Duplex | 3BR,2.5BA | $1.30 |
| Wildwood Apartments | Richmond Loft | 3BR,2BA | $1.20 |
| Springbrook Apartments | *Winter Special: First Month Rent Free* - 3 Bed... | 3BR,2BA | $1.17 |
| Waters Edge | Westshire | 2BR,2BA | $1.36 |
| Lakeview at the Legion | Street Side 55+ | 2BR,2BA | $1.45 |
| Fairfield Apartments | C1 | 2BR,1BA | $1.46 |
| First Avenue Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1.18 |
| Prairie Landing | maple | 2BR,1BA | $1.38 |
| Phoenix Street Apartments | 1 Bedroom, 1 Bath | 1BR,1BA | $1.42 |
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.
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick 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.
Best Local Schools in Elkhorn, WI
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Elkhorn, WI Rentals by Map
See the most popular apartments and homes in Elkhorn, WI
Frequently Asked Questions about Cheap Elkhorn Apartments
How much is rent for a Cheap One Bedroom Elkhorn Apartment?
The lowest price for a Cheap One Bedroom Elkhorn Apartment is $849 at Phoenix Street Apartments.
What is the lowest price for a Cheap Two Bedroom Elkhorn Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Elkhorn is starting from $1,099 at First Avenue Apartments.
What is the most affordable Elkhorn Three Bedroom Apartment?
The best deal on a cheap Elkhorn Three Bedroom Apartment rental is at Fox Lane Apartments 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

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.

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.

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.

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.