Cheap Homes for Rent in Ephraim, WI from $700 (8 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

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.

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 Oak Estates priced from $805. Cedar Lake Apartments in the East Shore Drive neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $900. Here is today’s list of the most affordable Ephraim apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Oak Estates1 bedroom1BR,1BA$805
Cedar Lake ApartmentsJenny Lane - 1000 Sqft2BR,1BA$900
Cheri Blvd2 Bedroom 1 Bath Upper Heat (Remodel)2BR,1BA$999

Best Value Apartments for Rent in Ephraim, WI and Nearby

As of June 20, 2025 the best value apartment in the Ephraim area is the $1.02 price per square foot 2BR/2.0BA Model at Pheasant Run Apartments in the in the East Shore Drive neighborhood starting from $1,129. The second greatest value Ephraim apartment is the Highland ATT - 1100 Sqft Model at Cedar Lake Apartments starting at $1,230 with a $1.12 price per square foot in the East Shore Drive neighborhood. 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.
Pheasant Run Apartments2BR/2.0BA2BR,2BA$1.02
Cedar Lake ApartmentsHighland ATT - 1100 Sqft2BR,1BA$1.12
Linden Pointe - Leased Residences2BR/1BA First Floor - Furnished Residence2BR,1BA$1.32
Copper Cove Estates2 Bedroom, 2 Bath-Split2BR,2BA$1.14
Alfred Dr Apartments17482BR,1BA$1.10
The Reserve MarinetteJ1BR,1BA$1.61
The Shores1 Bed Deluxe - 850 sqft1BR,1BA$1.27
Oak Estates1 bedroom1BR,1BA$0.97
Meadows1 Bed 1 Bath Lower1BR,1BA$1.31
Cheri Blvd2 Bedroom 1 Bath Upper Heat (Remodel)2BR,1BA$1.25

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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Ephraim

What type of rentals are currently available in Ephraim?

There are currently 38 Apartments for Rent in Ephraim, WI with pricing that ranges from $799 to $2,500. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ephraim ranging from $795 to $3,999.

What is the current price range for Rental Homes in Ephraim?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Ephraim ranges from $795 to $3,999 with an average monthly rent of $2,177.

How much are larger Three and Four Bedroom Rentals in Ephraim?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Ephraim range from $1,499 to $2,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $800 to $3,000. Four Bedroom Single-Family rentals are also available starting from $1,750 and Four Bedroom Apartments start at $2,000.

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.