Cheap Apartments for Rent in Merrill, WI from $565 (50 Rentals)

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

property at 1800 E Main St
$595 - $795
1 To 2 Bedroom Rentals
Available Now

1800 E Main St

MerrillWI54452
property at 602 W 2nd St
$595 - $850
2 Bedroom Rentals
Available Oct 4

602 W 2nd St

MerrillWI54452

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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19 Plex Merrill
Studio to 2 Bedroom Apartments

19 Plex Merrill

1601 E 10th StMerrill, WI 54452
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Country Meadows
1 to 2 Bedroom Apartments

Country Meadows

2401 W Jackson StMerrill, WI 54452
  • Utilities Included

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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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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.

Merrill, WI Local Guide

Cheapest Available Merrill Apartments for Rent and Nearby

 

The cheapest available apartment rental in Merrill, WI is a Studio unit found at 19 Plex Merrill priced from $515. Diamonds Edge in the Downtown Wausau neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $645. Here is today’s list of the most affordable Merrill apartments for rent:

Apartment ListingModel NameBed/BathPriced From
19 Plex MerrillStudioStudio,1BA$515
Diamonds Edge1 bd Upper1BR,1BA$645
700 Grand3 Bedroom 30%3BR,2BA$651
Wausau Columns Apartments1 Bedroom1BR,1BA$720
The Landmark1 BR 1BA1BR,1BA$800
The Lofts At City HallOne Bedroom1BR,1BA$800
Westside CommonsThe Commons1BR,1BA$847
Ross Avenue ApartmentsOne Bed1BR,1BA$875
Trolley Quarter Flats1 Bedroom1BR,1BA$900
Water's Edge Apartments1BR/1.0BA1BR,1BA$925

Best Value Apartments for Rent in Merrill, WI and Nearby

As of September 06, 2026 the best value apartment in the Merrill area is the $0.66 price per square foot 1205 E 14th St Model at 1205 E 14th St, Unit 1205 in the starting from $1,595. The second greatest value Merrill apartment is the 3 Bed 1.5 Bath Upper Model at Grand Avenue Luxury Apartment Homes starting at $1,369 with a $1.10 price per square foot in the Downtown Wausau neighborhood. Here is today’s list of the best values for Merrill apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1205 E 14th St, Unit 12051205 E 14th St3BR,2BA$0.66
Grand Avenue Luxury Apartment Homes3 Bed 1.5 Bath Upper3BR,1.5BA$1.10
Trolley Quarter Flats1 Bedroom1BR,1BA$1.00
The Lofts At City HallTwo Bedroom2BR,1BA$1.06
The 41112x12BR,1BA$1.12
Ross Avenue ApartmentsOne Bed1BR,1BA$1.18
Water's Edge Apartments1BR/1.0BA1BR,1BA$1.28
Timberwolf Suites Student Apartments2BR/1BA2BR,1BA$0.84
Diamonds Edge1 bd Upper1BR,1BA$1.06
Wausau Columns Apartments1 Bedroom1BR,1BA$1.26

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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Navigating 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.

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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!

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Frequently Asked Questions about Cheap Merrill Apartments

What is the Cheapest Studio apartment in Merrill?

Currently the most affordable Cheap Studio Apartment in Merrill is at 19 Plex Merrill listed at $515.

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

The lowest price for a Cheap One Bedroom Merrill Apartment is $645 at Diamonds Edge.

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

Today's best deal for a Cheap Two Bedroom Apartment in Merrill is starting from $900 at The Lofts At City Hall.

What is the most affordable Merrill Three Bedroom Apartment?

The best deal on a cheap Merrill Three Bedroom Apartment rental is at 700 Grand and starts from $651.

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.

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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.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

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.

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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.