Cheap Apartments for Rent near Elm Grove, WI from $975 (64 Rentals)

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

An Insider's Guide to Apartment Living Near Milwaukee's Four Employer Clusters

Discover Milwaukee apartment living from Downtown lofts to affordable suburban homes. We detail neighborhoods near the four major employment hubs: urban, leafy, and everything in between.

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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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A Local Expert's Guide to Milwaukee: Neighborhoods, Traditions, and the Cozy Spirit of Gemütlichkeit

Uncover Milwaukee's affordable, vibrant neighborhoods and down-to-earth charm. Get a local expert's take on the city's renaissance, favorite traditions, and famous Gemütlichkeit (cozy spirit).

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Sunnyslope Apartments
1 to 2 Bedroom Apartments

Sunnyslope Apartments

1501 S Sunnyslope RdNew Berlin, WI 53151
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15355 W North Ave
2 Bedroom Apartments

15355 W North Ave

15355 W North AveBrookfield, WI 53005
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  • Smoke Free
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16755 W Greenfield Ave
2 Bedroom Apartments

16755 W Greenfield Ave

16755 W Greenfield AveNew Berlin, WI 53151
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1601-15 S 124th Street
2 Bedroom Apartments

1601-15 S 124th Street

1601-15 S 124th StNew Berlin, WI 53151
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Check Out Milwaukee’s Best Affordable Neighborhoods

Learn about Milwaukee and the best places to live with original content written by our Local Expert Tim Brown

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1505 S 124th St
Studio to 2 Bedroom Apartments

1505 S 124th St

1505 S 124th StNew Berlin, WI 53151
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Pine Grove Apartments
2 Bedroom Apartments

Pine Grove Apartments

17235 W Greenfield AveNew Berlin, WI 53146
  • Utilities Included
property at 9129 W National Ave
$1,095 - $1,290
1 To 2 Bedroom Rentals
Available Now
Cost Per Sq.Ft.

9129 W National Ave

West AllisWI53227

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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Elm Grove, WI Local Guide

Cheapest Available Elm Grove Apartments for Rent and Nearby

 

The cheapest available apartment rental in Elm Grove, WI is a 1 Bed unit found at The Regent Senior & The Oxford in the Mount Mary College neighborhood priced from $977. Waterfair Apartments in the Milwaukee County Zoo neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,025. Here is today’s list of the most affordable Elm Grove apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Regent Senior & The Oxford1 Bedroom - Income Restricted 50% (55+)1BR,1BA$977
Waterfair ApartmentsA6Studio,1BA$1,025
1611 S 115th CourtUpper Unit2BR,1BA$1,100
Courtyard Senior Apartment Homes - 55+Two Bedroom - 50%2BR,1BA$1,136
The Flats at Bishop's Woods1 Bedroom AVAILABLE 60% to 70% - Income Restri...1BR,1BA$1,178
Normandy VillageRoyal C1BR,1BA$1,275
CarriagewayA1BR,1BA$1,325
Orchard Apartments2 Bed 1 Bath Lower2BR,1BA$1,399
Dolphin Square ApartmentsOne Bed - 1A1BR,1BA$1,425

Best Value Apartments for Rent in Elm Grove, WI and Nearby

As of September 07, 2026 the best value apartment in the Elm Grove area is the $1.48 price per square foot 2 Bed, 2 Bath + Den (A) Model at Deer Creek Run Apartments in the in the Spring Hills neighborhood starting from $2,004. The second greatest value Elm Grove apartment is the 1317 N 116th St Model at 1317 N 116th St, Unit 3 Beds 1.5 Baths - Lower Unit Duplex starting at $2,075 with a $1.54 price per square foot in the Milwaukee County Zoo neighborhood. Here is today’s list of the best values for Elm Grove apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Deer Creek Run Apartments2 Bed, 2 Bath + Den (A)2BR,2BA$1.48
1317 N 116th St, Unit 3 Beds 1.5 Baths - Lower Unit Duplex1317 N 116th St3BR,1.5BA$1.54
Honey Lane2BR/1.0BA2BR,1BA$1.37
2345 Brooksprings Dr, Unit 12345 Brooksprings Dr3BR,1BA$1.55
11629 W Watertown Plank Rd, Unit 111629 W Watertown Plank Rd2BR,1BA$1.27
Willow Brook CourtA22BR,2BA$1.60
1611 S 115th CourtUpper Unit2BR,1BA$1.29
Orchard Apartments2 Bed 1 Bath Lower2BR,1BA$1.68
The Flats at Bishop's Woods1 Bedroom AVAILABLE 60% to 70% - Income Restri...1BR,1BA$1.66
The Regent Senior & The Oxford1 Bedroom - Income Restricted 50% (55+)1BR,1BA$1.52

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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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 Cheap Elm Grove Apartments

What is the Cheapest Studio apartment in Elm Grove?

Currently the most affordable Cheap Studio Apartment in Elm Grove is at Waterfair Apartments listed at $1,025.

How much is rent for a Cheap One Bedroom Elm Grove Apartment?

The lowest price for a Cheap One Bedroom Elm Grove Apartment is $977 at The Regent Senior & The Oxford.

What is the lowest price for a Cheap Two Bedroom Elm Grove Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Elm Grove is starting from $1,100 at 1611 S 115th Court.

What is the most affordable Elm Grove Three Bedroom Apartment?

The best deal on a cheap Elm Grove Three Bedroom Apartment rental is at The Club at Brookfield Hills Apartments and starts from $2,056.

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.

Helpful Local Expert Guides

decorative image for An Insider's Guide to Apartment Living Near Milwaukee's Four Employer Clusters article

An Insider's Guide to Apartment Living Near Milwaukee's Four Employer Clusters

Written by: Tim Brown

Having grown up in Milwaukee and lived in Waukesha for several years, I have come to realize that the Milwaukee metro area offers diverse employment and housing opportunities.

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A Local Expert's Guide to Milwaukee: Neighborhoods, Traditions, and the Cozy Spirit of Gemütlichkeit

Written by: Tim Brown

I'm Tim, your ApartmentHomeLiving.com Local Expert for Milwaukee, Wisconsin. Growing up in the city and then blocks outside the border, Milwaukee's neighborhoods have been home to friends and family for years.

decorative image for The Top Neighborhoods for Off-Campus Housing for Milwaukee-Area College Students article

The Top Neighborhoods for Off-Campus Housing for Milwaukee-Area College Students

Written by: Tim Brown

I'm Tim, your ApartmentHomeLiving.com Local Expert for Milwaukee, Wisconsin. Growing up in the city and then blocks outside the border, many of the Milwaukee neighborhoods profiled here have been home to friends and family.

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Finding The Best Affordable Milwaukee Neighborhoods to Rent

Written by: Tim Brown

I'm Tim, your ApartmentHomeLiving.com Local Expert for Milwaukee, Wisconsin. Growing up in the city and then just blocks outside the border, many Milwaukee neighborhoods have been home to friends and family for many years.

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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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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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.