Cheap Apartments for Rent in Elm Grove, WI from $800 (58 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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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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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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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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16755 W Greenfield Ave
2 Bedroom Apartments

16755 W Greenfield Ave

16755 W Greenfield AveNew 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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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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Pine Grove Apartments
2 Bedroom Apartments

Pine Grove Apartments

17235 W Greenfield AveNew Berlin, WI 53146
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1611 S 115th Court
2 Bedroom Apartments

1611 S 115th Court

1611 S 115th CtWest Allis, WI 53214
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The 2100
Studio to 2 Bedroom Apartments

The 2100

2100 N Mayfair RdWauwatosa, WI 53226
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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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Elm Grove, WI Local Guide

Cheapest Available Elm Grove Apartments for Rent

 

The cheapest available apartment rental in Elm Grove, WI is a Studio unit found at The Waterfair in the Milwaukee County Zoo neighborhood priced from $890. The Flats at Bishop's Woods in the Milwaukee County Zoo neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,173. Here is today’s list of the most affordable Elm Grove apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The WaterfairA6Studio,1BA$890
The Flats at Bishop's Woods1 Bedroom - Income Restricted1BR,1BA$1,173
Courtyard Senior Apartment Homes - 55+One Bedroom - 60%1BR,1BA$1,182
CarriagewayA1BR,1BA$1,265
Normandy VillageRoyal D1BR,1BA$1,275
Synergy at the MayfairMoonstone 0 Bed, 1 BathStudio,1BA$1,275
The Regent Senior & The Oxford3 Bedroom - Income Restricted 50%3BR,2BA$1,307
Willow Brook GreensG1BR,1BA$1,395
Orchard Apartments2 Bed 1 Bath Upper2BR,1BA$1,399
2929 on MayfairS1Studio,1BA$1,403

Best Value Apartments for Rent in Elm Grove, WI

As of March 11, 2026 the best value apartment in the Elm Grove area is the $1.48 price per square foot 2 Bed, 2 Bath Lower (A) Model at Deer Creek Run Apartments in the in the Spring Hills neighborhood starting from $1,773. The second greatest value Elm Grove apartment is the 2 Bed 2 Bath Style D4 Model at Lilly Preserve starting at $1,929 with a $1.69 price per square foot in the Capitol Drive Garden Acres 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 Lower (A)2BR,2BA$1.48
Lilly Preserve2 Bed 2 Bath Style D42BR,2BA$1.69
Serafino Square Luxury Apartments2AWD2BR,2BA$1.58
Willow Brook CourtC2BR,2BA$1.54
Willow Brook GreensG1BR,1BA$1.57
1600 TosaA Floorplan1BR,1BA$1.74
Normandy VillageRoyal D1BR,1.5BA$1.67
CarriagewayA1BR,1BA$1.69
The Flats at Bishop's Woods1 Bedroom - Income Restricted1BR,1BA$1.66
Courtyard Senior Apartment Homes - 55+One Bedroom - 60%1BR,1BA$1.70

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!

Explore Elm Grove, WI Rentals by Map

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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 The Waterfair listed at $890.

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

The lowest price for a Cheap One Bedroom Elm Grove Apartment is $1,173 at The Flats at Bishop's Woods.

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 $1,215 at The Waterfair.

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 Regent Senior & The Oxford and starts from $1,307.

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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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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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

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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.