Cheap Apartments for Rent in Elkhorn, WI from $400 (47 Rentals)

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

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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Sedgemeadow
1 to 2 Bedroom Apartments

Sedgemeadow

18 West StElkhorn, WI 53121
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Elkhorn Apartments
2 Bedroom Apartments

Elkhorn Apartments

222 Lewis StElkhorn, WI 53121
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445 Hartwell
2 Bedroom Apartments

445 Hartwell

445 Hartwell StElkhorn, WI 53121
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Parkside
2 Bedroom Apartments

Parkside

101 Ridgway CtElkhorn, WI 53121

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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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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Lofts of Honey Creek
$1,350 - $2,470
Total Monthly Price

Total Monthly Price

Base Rent
$1,350 - $2,470
Total Monthly Price
$1,350 - $2,470
1 to 4 Bedroom Apartments Available Now

Lofts of Honey Creek

2769 Honey Creek RdEast Troy, WI 53120
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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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Waters Edge
$1,465 - $1,705
Total Monthly Price

Total Monthly Price

Base Rent
$1,465 - $1,705
Total Monthly Price
$1,465 - $1,705
2 to 3 Bedroom Apartments Available Jun 20

Waters Edge

281 Parkside DrWhitewater, WI 53190
Student Housing
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Hawks Nest Apartments
1 to 4 Bedroom Apartments

Hawks Nest Apartments

155 W Main StWhitewater, WI 53190
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532-532 Sugar Creek Rd
1 to 2 Bedroom Apartments

532-532 Sugar Creek Rd

532-532 Sugar Creek RdDelavan, WI 53115
  • Utilities Included

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.

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property at 858 Clay St

$1,475

2 Bedroom Rentals

Available Now

858 Clay St

WoodstockIL60098
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Elkhorn, WI Local Guide

Cheapest Available Elkhorn Apartments for Rent and Nearby

 

The cheapest available apartment rental in Elkhorn, WI is a 2 Beds unit found at Allen Street Apartments priced from $1,099. Sugar Creek Apartments in the Ellis Farms neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,199. Here is today’s list of the most affordable Elkhorn apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Allen Street Apartments2 Bed 1 Bath Upper2BR,1BA$1,099
Sugar Creek Apartments2 Bed 1 Bath Upper2BR,1BA$1,199
720 W Walworth St2 Bed 1 bath2BR,1BA$1,250
Honey Creek ApartmentsBayview1BR,1BA$1,290
Elkhorn Village Apartments | 1 & 2 Bedroom Apartments in Elkhorn, WI – Heat IncludedUpdated 2 Bedroom Lower2BR,1BA$1,315
Bluff Ridge Apartments2 Bed/1 Bath AttachedGarage2BR,1BA$1,349
Lofts of Honey CreekBroadway1BR,1BA$1,350
Geneva Street ApartmentsC5-GS2BR,1BA$1,350
Fairfield ApartmentsC12BR,1BA$1,395
Fox Lane3 Bedroom Lower 60%3BR,1BA$1,395

Best Value Apartments for Rent in Elkhorn, WI and Nearby

As of May 12, 2026 the best value apartment in the Elkhorn area is the $1.36 price per square foot Duplex Model at Autumn Ridge Apartment Homes in the in the Ellis Farms neighborhood starting from $2,265. The second greatest value Elkhorn apartment is the 3 Bed 2 Bath Type A Model at Springbrook Apartments starting at $1,699 with a $1.33 price per square foot . Here is today’s list of the best values for Elkhorn apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Autumn Ridge Apartment HomesDuplex3BR,2.5BA$1.36
Springbrook Apartments3 Bed 2 Bath Type A3BR,2BA$1.33
The Ridges of Geneva EastSummit2BR,2BA$1.46
Bluff Ridge Apartments2 Bed/2 Bath 2 Car Attached Garage2BR,2BA$1.49
Lakeview at the LegionTerrace Lake2BR,2BA$1.45
Geneva Street ApartmentsC5-GS2BR,1BA$1.41
Fairfield ApartmentsC12BR,1BA$1.46
720 W Walworth St2 Bed 1 bath2BR,1BA$1.33
Elkhorn Village Apartments | 1 & 2 Bedroom Apartments in Elkhorn, WI – Heat IncludedClassic 2 Bedroom Upper2BR,1BA$1.42
Allen Street Apartments2 Bed 1 Bath Upper2BR,1BA$1.39

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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Best Local Schools in
Elkhorn, WI

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

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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 $1,290 at Honey Creek 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 Allen Street 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 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

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.

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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.