Cheap Apartments for Rent in Okauchee Lake, WI from $500 (23 Rentals)

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

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.

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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River Oaks Apartments
1 to 2 Bedroom Apartments

River Oaks Apartments

550 Cottonwood AveHartland, WI 53029
Senior Living
  • Utilities Included

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Mapleview Apartments
Studio to 2 Bedroom Apartments

Mapleview Apartments

420 Hill StHartland, WI 53029
  • Utilities Included

Okauchee Lake, WI Local Guide

Cheapest Available Okauchee Lake Apartments for Rent and Nearby

 

The cheapest available apartment rental in Okauchee Lake, WI is a 1 Bed unit found at Morningside Orchard Apartments in the Hickorywood Farms neighborhood priced from $1,000. The Preserve at Prairie Creek in the Hickorywood Farms neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,252. Here is today’s list of the most affordable Okauchee Lake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Morningside Orchard Apartments1 Bedroom Apartment (Upper)1BR,1BA$1,000
The Preserve at Prairie CreekStandardStudio,1BA$1,252
Summit Lake Apartments and Townhomes1 Bedroom 1 Bathroom - Upper - Off Lake1BR,1BA$1,300
Sunnyslope Estates2 Bedroom2BR,1BA$1,350
Berkshire Oconomowoc Senior ApartmentsUnit H2BR,1BA$1,458

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

As of May 12, 2026 the best value apartment in the Okauchee Lake area is the $1.29 price per square foot Condo - Upper Model at Maple Court Apartments in the in the Bristlecone Pines neighborhood starting from $1,550. The second greatest value Okauchee Lake apartment is the Two Bedroom Deluxe Model at Whitman Place Apartments starting at $1,595 with a $1.39 price per square foot in the Hickorywood Farms neighborhood. Here is today’s list of the best values for Okauchee Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Maple Court ApartmentsCondo - Upper2BR,2BA$1.29
Whitman Place ApartmentsTwo Bedroom Deluxe2BR,2BA$1.39
THE GATEWAY2 Bedrooms 2 Bathrooms Collins2BR,2BA$1.82
Parquelynn VillageSummit2BR,1.5BA$1.44
Hillside Woods Senior Apartments I & IIHSW1- Type C2BR,1.5BA$1.46
Lake Country Village ApartmentsRemodeled 2B2B Townhouse2BR,2BA$1.98
Sunnyslope Estates2 Bedroom2BR,1BA$1.49
Steeple View Apartments316-42BR,2BA$1.78
Berkshire Oconomowoc Senior ApartmentsUnit H2BR,1BA$1.65
Summit Lake Apartments and Townhomes1 Bedroom 1 Bathroom - Upper - Off Lake1BR,1BA$1.91

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

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Frequently Asked Questions about Cheap Okauchee Lake Apartments

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

The lowest price for a Cheap One Bedroom Okauchee Lake Apartment is $1,000 at Morningside Orchard Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Okauchee Lake is starting from $1,350 at Sunnyslope Estates.

What is the most affordable Okauchee Lake Three Bedroom Apartment?

The best deal on a cheap Okauchee Lake Three Bedroom Apartment rental is at Delafield Lakes Apartments and starts from $2,700.

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 A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.