Cheap Apartments for Rent in Elmwood, WI from $300 (42 Rentals)

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

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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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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Avanti
$1,085 - $1,710
Total Monthly Price

Total Monthly Price

Base Rent
$1,025 - $1,650
Required Monthly Fees
$60
Total Monthly Price
$1,085 - $1,710
Studio Apartments Available Now

Avanti

314 W 4th StRed Wing, MN 55066
Furnished
  • Verified
  • Utilities Included
  • Smoke Free
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The Bank
Rent Specials
$1,185 - $2,645
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,130 - $2,590
Required Monthly Fees
$55
Total Monthly Price
$1,185 - $2,645
1 to 2 Bedroom Apartments Available Now

The Bank

222 Bush StRed Wing, MN 55066
Furnished
  • Verified
  • Utilities Included
  • Smoke Free
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The Downtown Plaza
$1,306 - $3,000
Total Monthly Price

Total Monthly Price

Base Rent
$1,169 - $2,863
Required Monthly Fees
$137
Total Monthly Price
$1,306 - $3,000
1 to 2 Bedroom Apartments Contact Us For Availability

The Downtown Plaza

434 W 4th StRed Wing, MN 55066
Senior Living
  • Verified
  • Utilities Included
  • 3D Tour

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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property at 301 Main St E

$700 - $775

Studio To 1 Bedroom Rentals

Available Now

301 Main St E

MenomonieWI54751
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Dancing Oaks Apartments
1 to 2 Bedroom Apartments

Dancing Oaks Apartments

879 Dancing Oaks CirMenomonie, WI 54751
Senior Living
  • Utilities Included
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Dunn County
1 Bedroom Apartments

Dunn County

2634 460th StMenomonie, WI 54751
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Malmquist Estates
1 to 3 Bedroom Apartments

Malmquist Estates

2622 Malmquist AveRed Wing, MN 55066
  • Utilities Included
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Crossing Meadows
1 to 2 Bedroom Apartments

Crossing Meadows

739-819 Lucas LnEllsworth, WI 54011
Senior Living

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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River Place Apartments
Studio to 3 Bedroom Apartments

River Place Apartments

1431 Wildcat CtRiver Falls, WI 54022
Student Housing
  • Utilities Included
property at 224 Main St E

$925 - $1,300

1 To 2 Bedroom Rentals

Available Now

224 Main St E

MenomonieWI54751
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Eagle Ridge Apartments
2 to 3 Bedroom Apartments

Eagle Ridge Apartments

582 Tyler Rd SRed Wing, MN 55066
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Showing Results 1-42, Page 1 of 1

Elmwood, WI Local Guide

Cheapest Available Elmwood Apartments for Rent and Nearby

 

The cheapest available apartment rental in Elmwood, WI is a 4 Beds unit found at 414 14th Ave W in the Main Street Menomonie neighborhood priced from $350. 4 Large Bed and 2 Bath- Next to UW Stout in the Main Street Menomonie neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $395. Here is today’s list of the most affordable Elmwood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
414 14th Ave W4BR/1.5BA4BR,1BA$350
4 Large Bed and 2 Bath- Next to UW StoutSingle Bedroom1BR,3BA$395
503 BroadwayFour bedroom shared4BR,2BA$570
Meadowlark Eco Cottages1 Bed, 1 bath1BR,1BA$699
Dunn CountyOne Bedroom1BR,1BA$836
Tri CityFountain City1BR,1BA$940
Cedar Grove I and II3BR3BR,1BA$975
Park Place PlazaA2Studio,1BA$1,055
Great River Apartments3 Bedroom 1 Bath3BR,1BA$1,070
River City ApartmentsTwo Bedroom2BR,1BA$1,080

Best Value Apartments for Rent in Elmwood, WI and Nearby

As of June 14, 2026 the best value apartment in the Elmwood area is the $0.75 price per square foot Full Unit Model at 4 Large Bed and 2 Bath- Next to UW Stout in the in the Main Street Menomonie neighborhood starting from $1,395. The second greatest value Elmwood apartment is the 5 Bedroom Model at 1063 E. Cascade Ave- Next to UWRF and CVTC starting at $2,095 with a $1.34 price per square foot in the Downtown River Falls neighborhood. Here is today’s list of the best values for Elmwood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
4 Large Bed and 2 Bath- Next to UW StoutFull Unit4BR,3BA$0.75
1063 E. Cascade Ave- Next to UWRF and CVTC5 Bedroom5BR,2BA$1.34
University Falls Apartments4 Bedroom4BR,2BA$1.40
Brookgreen Townhomes2 Bedroom - Inner unit2BR,2.5BA$1.53
503 BroadwayFour Bedroom4BR,2BA$1.43
414 14th Ave W4BR/1.5BA4BR,1.5BA$0.30
Cedar Grove I and II3BR3BR,1BA$0.93
Great River Apartments3 Bedroom 1 Bath3BR,1BA$1.13
Pleasant Ridge ApartmentsTwo Bed2BR,2BA$1.23
River City ApartmentsTwo Bedroom2BR,1BA$1.54

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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Elmwood, WI

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

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Frequently Asked Questions about Cheap Elmwood Apartments

What is the Cheapest Studio apartment in Elmwood?

Currently the most affordable Cheap Studio Apartment in Elmwood is at Park Place Plaza listed at $1,055.

How much is rent for a Cheap One Bedroom Elmwood Apartment?

The lowest price for a Cheap One Bedroom Elmwood Apartment is $395 at 4 Large Bed and 2 Bath- Next to UW Stout.

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

Today's best deal for a Cheap Two Bedroom Apartment in Elmwood is starting from $838 at Meadowlark Eco Cottages.

What is the most affordable Elmwood Three Bedroom Apartment?

The best deal on a cheap Elmwood Three Bedroom Apartment rental is at Meadowlark Eco Cottages and starts from $969.

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 How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.