Cheap Apartments for Rent in Ephraim, WI from $500 (48 Rentals)

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

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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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 523 Michigan Ave

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500
Total Monthly Price
$1,500

3 Bedroom, 2 Bath Home for Rent

Available Now

523 Michigan Ave

GladstoneMI49837
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Blackstone Harbor
1 to 3 Bedroom Apartments

Blackstone Harbor

10525 Judith Blazer DrSister Bay, WI 54234
  • Utilities Included
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The Shoals
1 to 3 Bedroom Apartments

The Shoals

10466 Shoals CtSister Bay, WI 54234
  • Utilities Included

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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Oconto Park Apartments
1 to 2 Bedroom Apartments

Oconto Park Apartments

101-211 Van Hecke AveOconto, WI 54153
  • Utilities Included
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1701 Dunlap Avenue
Studio to 3 Bedroom Apartments

1701 Dunlap Avenue

1701 Dunlap AveMarinette, WI 54143
Corporate Housing
  • Utilities Included
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The Ridge on Humboldt
2 to 3 Bedroom Apartments

The Ridge on Humboldt

2700 Humboldt RdGreen Bay, WI 54311
  • Utilities Included
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Urban Loft
2 to 3 Bedroom Apartments

Urban Loft

303 N 3rd StLena, WI 54139
  • 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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JRR Apartments
2 to 3 Bedroom Apartments

JRR Apartments

5483 Monument Point RdEgg Harbor, WI 54209
  • Utilities Included
Showing Results 1-48, Page 1 of 1

Ephraim, WI Local Guide

Cheapest Available Ephraim Apartments for Rent and Nearby

 

The cheapest available apartment rental in Ephraim, WI is a 1 Bed unit found at Sheridan Estates priced from $795. Crivitz Estates has the second lowest priced unit, which is a 1 Bed apartment currently listed from $795. Here is today’s list of the most affordable Ephraim apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Sheridan Estates1 bedroom1BR,1BA$795
Crivitz Estates1 bedroom1BR,1BA$795
Lloyd House I2 Bedroom2BR,1BA$850
Cedar Lake ApartmentsLakeview - 800 Sqft1BR,1BA$925
Oak MeadowsStone - AC unit, parking lot view2BR,1BA$925
Brook Park Apartments1 bdrm upper1BR,1BA$995
East Shore Apartments2 Bed 1 Bath Lower2BR,1BA$999
Alfred Dr Apartments1748 F52BR,1BA$1,000
Cheri Blvd2 Bedroom 1 Bath Lower Heat (Remodel)2BR,1BA$1,049
Linden Pointe - Leased Residences2BR/1BA Lower Apartment2BR,1BA$1,089

Best Value Apartments for Rent in Ephraim, WI and Nearby

As of June 04, 2026 the best value apartment in the Ephraim area is the $1.04 price per square foot 2 Bedroom 2 Bath Model at Marina View Apartments in the starting from $1,500. The second greatest value Ephraim apartment is the Upper Model at Harbour Springs Apartments starting at $1,000 with a $0.83 price per square foot . Here is today’s list of the best values for Ephraim apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Marina View Apartments2 Bedroom 2 Bath2BR,2BA$1.04
Harbour Springs ApartmentsUpper2BR,2BA$0.83
Pheasant Run Apartments2BR/2.0BA2BR,2BA$1.10
The Shores ApartmentsThe Deluxe - 1065 Sqft2BR,1BA$1.09
Alfred Dr Apartments17482BR,1BA$1.10
East Shore Apartments2 Bed 1 Bath Lower2BR,1BA$1.11
Brook Park Apartments1 bdrm upper1BR,1BA$1.17
Crivitz Estates1 bedroom1BR,1BA$0.96
Sheridan Estates1 bedroom1BR,1BA$0.96
Lloyd House I2 Bedroom2BR,1BA$1.06

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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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 Ephraim, WI Rentals by Map

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See the most popular apartments and homes in Ephraim, WI

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Frequently Asked Questions about Cheap Ephraim Apartments

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

The lowest price for a Cheap One Bedroom Ephraim Apartment is $795 at Sheridan Estates.

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

Today's best deal for a Cheap Two Bedroom Apartment in Ephraim is starting from $850 at Lloyd House I.

What is the most affordable Ephraim Three Bedroom Apartment?

The best deal on a cheap Ephraim Three Bedroom Apartment rental is at Green Brook Heights and starts from $1,095.

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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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.

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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.