Cheap Homes for Rent near Lake Mills, WI from $700 (8 Rentals)

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

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

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.

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.

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
Fairview Senior Apartment HomesSunny 1 BR 1 BA Step in Shower 55 older1BR,1BA$889

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

As of July 23, 2026 the best value apartment in the Lake Mills area is the $1.28 price per square foot H Model at Prairie Grove in the in the Outer Sun Prairie neighborhood starting from $1,695. The second greatest value Lake Mills apartment is the 2 Bed 2 Bath. Model at Rock Creek Apartments starting at $1,549 with a $1.20 price per square foot in the Brookstone Meadows 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.
Prairie GroveH1BR,2BA$1.28
Rock Creek Apartments2 Bed 2 Bath.2BR,2BA$1.20
Monroe Street Apartments3x2 Medium3BR,2BA$1.06
Rolling PrairieThree Bedroom3BR,1BA$1.14
Tamarack Apartment Homes2 Bedroom2BR,1BA$1.16
School Street Apartments3 Bedroom 1.5 Bathroom3BR,1.5BA$1.18
Pondview Apartments2 BR/ 1 BA2BR,1BA$1.30
Audubon Park Apartments, LP2LFV2BR,1.5BA$1.16
Watertown East ApartmentsGarden Style2BR,1BA$1.09
Knowlton Woods ApartmentsTwo Bedroom2BR,1BA$1.34

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.

Read Article
Decorative image

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.

Read Article
Decorative image

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

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

Explore Lake Mills, WI Rentals by Map

View Map
Lake Mills, WI Apartments Map
View Map
Lake Mills, WI Rental Homes Map

Frequently Asked Questions about Lake Mills

What type of rentals are currently available in Lake Mills?

There are currently 78 Apartments for Rent in Lake Mills, WI with pricing that ranges from $663 to $2,800. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Mills ranging from $750 to $4,495.

What is the current price range for Rental Homes in Lake Mills?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake Mills ranges from $750 to $4,495 with an average monthly rent of $2,236.

How much are larger Three and Four Bedroom Rentals in Lake Mills?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lake Mills range from $984 to $2,545, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,950 to $3,495. Four Bedroom Single-Family rentals are also available starting from $2,100 and Four Bedroom Apartments start at $1,001.

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

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

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.