
Cheap Apartments for Rent in Pelican Lake, WI from $400 (36 Rentals)
Search the lowest-cost Apartments available for rent right now in Pelican Lake.


Aspen Village

One Penny Place Senior Apartments

Riverview Towers and Riverview Terrace

Total Monthly Price
Diamonds Edge

Wausau Columns Apartments

Park City Apartments

The Landmark

Cedar Pointe Apartments
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.

Westside Commons

PELICAN RIVER ESTATES

Pinewood Estates

T Bird Country Apartments

DAVENPORT STREET ESTATES

Kannenberg Plaza

River Ridge Apartments

Charlotte Court Apartments

Trolley Quarter Flats
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.

Island Place Apartments

Water's Edge Apartments

Prosser Place Estates

Foundry on 3rd PH 1, LLC

Towering Pines

118 N Main St

Woodland Chalet Apartments

City Walk Senior Apartments for Seniors 55+

SCS Merrill Apartment Community
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.

204 N Court St

416 Manitowish St

East High Apartments

209 Pine St

1016 4th Ave

Edgewood Manor

The Lofts At City Hall

405 Forest Ave

236 W Main St
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
Pelican Lake, WI Local Guide

How much does it cost to rent an apartment in Pelican Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Pelican Lake Studio Apartments | $1,216 | $505 | $1,445 |
| Pelican Lake 1 Bedroom Apartments | $1,306 | $471 | $2,955 |
| Pelican Lake 2 Bedroom Apartments | $1,548 | $545 | $3,555 |
| Pelican Lake 3 Bedroom Apartments | $1,508 | $619 | $3,399 |
Browse Top Apartments in Pelican Lake
See all Apartments in Pelican LakeExplore Pelican Lake
Pelican Lake, WI Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Pelican Lake Apartments for Rent and Nearby
 The cheapest available apartment rental in Pelican Lake, WI is a 1 Bed unit found at Diamonds Edge in the Downtown Wausau neighborhood priced from $645. Wausau Columns Apartments in the Downtown Wausau neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $720. Here is today’s list of the most affordable Pelican Lake apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Diamonds Edge | 1 bd Upper | 1BR,1BA | $645 |
| Wausau Columns Apartments | 1 Bedroom | 1BR,1BA | $720 |
| The Landmark | 1 BR 1BA | 1BR,1BA | $800 |
| SCS Merrill Apartment Community | Season 1 BR Lower | 1BR,1BA | $865 |
| T Bird Country Apartments | Studio | 1BR,1BA | $900 |
| Kannenberg Plaza | 1 Bedroom | 1BR,1BA | $920 |
| River Ridge Apartments | 1 Bedroom | 1BR,1BA | $985 |
| Trolley Quarter Flats | 2 Bedroom | 2BR,1BA | $1,000 |
| The Lofts At City Hall | One Bedroom | 1BR,1BA | $1,009 |
| Prosser Place Estates | 1 Bedroom Upper | 1BR,1BA | $1,045 |
Best Value Apartments for Rent in Pelican Lake, WI and Nearby
As of June 19, 2026 the best value apartment in the Pelican Lake area is the $0.81 price per square foot 3X1.5F Model at Aspen Village in the starting from $1,092. The second greatest value Pelican Lake apartment is the 3x1.5TH Model at Woods Hollow starting at $1,150 with a $0.85 price per square foot . Here is today’s list of the best values for Pelican Lake apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Aspen Village | 3X1.5F | 3BR,1.5BA | $0.81 |
| Woods Hollow | 3x1.5TH | 3BR,1.5BA | $0.85 |
| DRISCOLL ROAD ESTATES | 2 Bedroom 2 Bath Split | 2BR,2BA | $1.20 |
| Eagle Trails Estates | 2 Bedroom 2 Bathroom - Lower | 2BR,2BA | $1.40 |
| Trolley Quarter Flats | 2 Bedroom | 2BR,1BA | $1.04 |
| River Ridge Apartments | 1 Bedroom | 1BR,1BA | $1.04 |
| The Lofts At City Hall | One Bedroom | 1BR,1BA | $1.12 |
| Prosser Place Estates | 1 Bedroom Upper | 1BR,1BA | $1.34 |
| Diamonds Edge | 1 bd Upper | 1BR,1BA | $1.06 |
| Wausau Columns Apartments | 1 Bedroom | 1BR,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.
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Pelican Lake, WI Rentals by Map
See the most popular apartments and homes in Pelican Lake, WI
Frequently Asked Questions about Cheap Pelican Lake Apartments
What is the Cheapest Studio apartment in Pelican Lake?
Currently the most affordable Cheap Studio Apartment in Pelican Lake is at Foundry on 3rd PH 1, LLC listed at $1,050.
How much is rent for a Cheap One Bedroom Pelican Lake Apartment?
The lowest price for a Cheap One Bedroom Pelican Lake Apartment is $645 at Diamonds Edge.
What is the lowest price for a Cheap Two Bedroom Pelican Lake Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Pelican Lake is starting from $995 at SCS Merrill Apartment Community.
What is the most affordable Pelican Lake Three Bedroom Apartment?
The best deal on a cheap Pelican Lake Three Bedroom Apartment rental is at Aspen Village and starts from $1,092.
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

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.

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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.