Cheap Apartments for Rent in Elm Grove, WI from $500 (56 Rentals)

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

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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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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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

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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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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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

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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The 2100
Studio to 2 Bedroom Apartments

The 2100

2100 N Mayfair RdWauwatosa, WI 53226
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Dearbourn Townhomes
3 Bedroom Apartments

Dearbourn Townhomes

12221 Dearbourn AveWauwatosa, WI 53226
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1751 S 115th Ct
2 Bedroom Apartments

1751 S 115th Ct

1751 S 115th CtMilwaukee, WI 53214

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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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 $530. 1611 S 115th Court in the West View neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,050. 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 30% 551BR,1BA$530
1611 S 115th CourtLower Unit2BR,1BA$1,050
Courtyard Senior Apartment Homes - 55+Two Bedroom - 60%2BR,1BA$1,071
The Flats at Bishop's Woods1 Bedroom - Income Restricted1BR,1BA$1,173
Willowbrook CourtB11BR,1BA$1,202
CarriagewayA1BR,1BA$1,285
Normandy VillageRoyal D1BR,1BA$1,350
Synergy at the MayfairJade 0 Bed, 1 BathStudio,1BA$1,370
Orchard Apartments2 Bed 1 Bath Upper2BR,1BA$1,399
Orchard Court Apartments2 Bed 1 Bath Upper2BR,1BA$1,399

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

As of October 26, 2025 the best value apartment in the Elm Grove area is the $1.28 price per square foot C + LOFT WEST Model at Regal Crest West & Regal Crest Village in the in the Mount Mary College neighborhood starting from $2,045. The second greatest value Elm Grove apartment is the 2 Bed, 2 Bath Lower (B) Model at Deer Creek Run Apartments starting at $1,829 with a $1.33 price per square foot in the Spring Hills 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.
Regal Crest West & Regal Crest VillageC + LOFT WEST2BR,2BA$1.28
Deer Creek Run Apartments2 Bed, 2 Bath Lower (B)2BR,2BA$1.33
Underwood StationH2BR,2BA$1.25
Serafino Square Luxury Apartments2CWD2BR,1.5BA$1.55
1007 N 124th St1007 N 124th St2BR,1BA$1.45
Orchard Court Apartments2 Bed 1 Bath Upper2BR,1BA$1.51
The Club at Brookfield Hills ApartmentsTerraces - 1 Bed, 1 Bath1BR,1BA$1.61
Willow Brook Greens ApartmentsG1BR,1BA$1.61
1611 S 115th CourtLower Unit2BR,1BA$1.24
Courtyard Senior Apartment Homes - 55+One Bedroom - 60%1BR,1BA$1.56

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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

Explore Elm Grove, WI Rentals by Map

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See the most popular apartments and homes in Elm Grove, WI

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Getting Around Elm Grove, WI

Walk Score®

57 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

50 / 100

Bikeable

Some bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 Synergy at the Mayfair listed at $1,370.

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

The lowest price for a Cheap One Bedroom Elm Grove Apartment is $530 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 $1,050 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 Flats at Bishop's Woods and starts from $1,620.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.