Cheap Apartments for Rent in Lake Mills, WI from $600 (62 Rentals)

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Tamarack Trails
1 to 2 Bedroom Apartments

Tamarack Trails

215-225 Tamarack DrLake Mills, WI 53551

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Freedom Ring Apartments
Rent Specials
$875 - $1,200
Total Monthly Price

Total Monthly Price

Base Rent
$875 - $1,200
Total Monthly Price
$875 - $1,200
1 Bedroom Apartments Available Now

Freedom Ring Apartments

617-713 Chase BlvdSun Prairie, WI 53590
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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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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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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Apartments on Main
Rent Specials
$1,395 - $2,000
Total Monthly Price

Total Monthly Price

Base Rent
$1,395 - $2,000
Total Monthly Price
$1,395 - $2,000
1 to 3 Bedroom Apartments Available Aug 15

Apartments on Main

410 East Main StSun Prairie, WI 53590
Corporate Housing
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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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Lake Mills, WI Local Guide

Cheapest Available Lake Mills Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lake Mills, WI is a 2 Beds unit found at Watertown East Apartments in the Concord Estates neighborhood priced from $870. Freedom Ring Apartments in the Liberty Square neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $875. Here is today’s list of the most affordable Lake Mills apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Watertown East ApartmentsGarden Style2BR,1BA$870
Freedom Ring Apartments736 - 1 Bed / 1 Bath1BR,1BA$875
The BaehronStudio UnfurnishedStudio,1BA$895
Seville ApartmentsStudioStudio,1BA$975
Hawthorne Apartments1 Bedroom With Balcony Lower1BR,1BA$995
Knowlton Woods ApartmentsTwo Bedroom2BR,1BA$1,075
Hillcrest ApartmentsB1 SR - B1 SR1BR,1BA$1,195
Lumin Terrace8 - Upper1BR,1BA$1,235
512 S Main StUnit 42BR,1BA$1,250
Glacier Valley at Reston HeightsPlan EfficiencyStudio,1BA$1,280

Best Value Apartments for Rent in Lake Mills, WI and Nearby

As of July 26, 2026 the best value apartment in the Lake Mills area is the $1.20 price per square foot 2 Bed 2 Bath. Model at Rock Creek Apartments in the in the Brookstone Meadows neighborhood starting from $1,549. The second greatest value Lake Mills apartment is the 3x2 Medium Model at Monroe Street Apartments starting at $1,326 with a $1.06 price per square foot in the Jefferson County neighborhood. Here is today’s list of the best values for Lake Mills apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Rock Creek Apartments2 Bed 2 Bath.2BR,2BA$1.20
Monroe Street Apartments3x2 Medium3BR,2BA$1.06
Tamarack Gardens-Distinctive 55+ Community2 Beds 1.5 Bath2BR,1.5BA$1.35
Rolling PrairieThree Bedroom3BR,1BA$1.14
Tamarack Apartment Homes2 Bedroom2BR,1BA$1.16
School Street Apartments3 bedroom x 2 bath3BR,2BA$1.23
Pondview Apartments2 BR/ 1 BA2BR,1BA$1.30
Knowlton Woods ApartmentsTwo Bedroom2BR,1BA$1.34
Watertown East ApartmentsGarden Style2BR,1BA$1.09
Freedom Ring Apartments736 - 1 Bed / 1 Bath1BR,1BA$1.25

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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Lake Mills, WI

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Frequently Asked Questions about Cheap Lake Mills Apartments

What is the Cheapest Studio apartment in Lake Mills?

Currently the most affordable Cheap Studio Apartment in Lake Mills is at The Baehron listed at $895.

How much is rent for a Cheap One Bedroom Lake Mills Apartment?

The lowest price for a Cheap One Bedroom Lake Mills Apartment is $875 at Freedom Ring Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Lake Mills is starting from $870 at Watertown East Apartments.

What is the most affordable Lake Mills Three Bedroom Apartment?

The best deal on a cheap Lake Mills Three Bedroom Apartment rental is at Watertown East Apartments and starts from $984.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.