
Cheap Homes for Rent near Lake Mills, WI from $800 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Lake Mills.


4256 Fox Hills Ct

430 E Racine St

522 S Academy St
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.

2426 Independence Ln, Unit 211

828-830 E Johnson St

113 E Milwaukee St

312 S Ingersoll St
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

How much does it cost to rent a home in Lake Mills?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Mills 2 Bedroom Homes for Rent | $1,700 | $1,150 | $2,500 |
| Lake Mills 3 Bedroom Homes for Rent | $2,388 | $1,800 | $3,390 |
| Lake Mills 4 Bedroom Homes for Rent | $3,091 | $2,000 | $5,500 |
| Lake Mills 5 Bedroom Homes for Rent | $6,372 | $3,750 | $8,995 |
Browse Top Homes for Rent in Lake Mills
Explore Lake Mills
Lake Mills, WI Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
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. The Baehron in the Liberty Square neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $895. Here is today’s list of the most affordable Lake Mills apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Watertown East Apartments | Garden Style | 2BR,1BA | $870 |
| The Baehron | Studio Unfurnished | Studio,1BA | $895 |
| Seville Apartments | Studio | Studio,1BA | $975 |
Best Value Apartments for Rent in Lake Mills, WI and Nearby
As of September 07, 2026 the best value apartment in the Lake Mills area is the $1.26 price per square foot H Model at Prairie Grove in the in the Outer Sun Prairie neighborhood starting from $1,670. The second greatest value Lake Mills apartment is the 3 Bedroom Model at Tamarack Apartment Homes starting at $1,400 with a $1.08 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Prairie Grove | H | 1BR,2BA | $1.26 |
| Tamarack Apartment Homes | 3 Bedroom | 3BR,1.5BA | $1.08 |
| Artisan Square | E | 2BR,2BA | $1.37 |
| Audubon East | 2New/2G | 2BR,2BA | $1.17 |
| Rolling Prairie | Three Bedroom | 3BR,1BA | $1.14 |
| Pondview Apartments | 2 BR/ 1 BA | 2BR,1BA | $1.30 |
| Blackhawk Ridge | Two Bedroom | 2BR,1BA | $1.02 |
| Watertown East Apartments | Garden Style | 2BR,1BA | $1.09 |
| Knowlton Woods Apartments | Two Bedroom | 2BR,1BA | $1.38 |
| 1424 E Main St, Watertown, WI 53094 | 1B / 1B | 1BR,1BA | $1.42 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal 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 ArticleQuick 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.
Best Local Schools in Lake Mills, WI
Lake Mills Elementary School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lake Mills, WI Rentals by Map
See the most popular apartments and homes in Lake Mills, WI
Frequently Asked Questions about Lake Mills
What type of rentals are currently available in Lake Mills?
There are currently 81 Apartments for Rent in Lake Mills, WI with pricing that ranges from $663 to $2,800. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Mills ranging from $800 to $8,995.
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 $800 to $8,995 with an average monthly rent of $2,437.
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 $1,800 to $3,390. Four Bedroom Single-Family rentals are also available starting from $2,000 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

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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.