
Cheap Apartments for Rent near Pelican Lake, WI from $400 (45 Rentals)
Search the lowest-cost Apartments available for rent right now in Pelican Lake.


Aspen Village

Total Monthly Price
Diamonds Edge

Riverview Towers and Riverview Terrace

Wausau Columns Apartments

Park City Apartments

The Landmark

The Lofts At City Hall

Cedar Pointe Apartments
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.

Westside Commons

PELICAN RIVER ESTATES

Pinewood Estates

T Bird Country Apartments

DAVENPORT STREET ESTATES

Kannenberg Plaza

Island Place Apartments - On the River

Water's Edge Apartments

Charlotte Court Apartments
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.

Foundry on 3rd

Riverbend Properties LLC

Towering Pines

Bos Creek Estates

Rock Ridge Estates

Morgan Oaks Townhomes

Woods Hollow

416 Manitowish St

Woodland Chalet Apartments
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

City Walk Senior Apartments for Seniors 55+

SCS Merrill Apartment Community

266 Chellis St

204 N Court St

1016 4th Ave

East High Apartments

205 E 4th St

Edgewood Manor

2806 Madonna Dr
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.

718 Washington St

236 W Main St

901 Townline Rd

808 W Grand Ave

455 1st Ave

Alexander Estates Apartment Community

SCS Fox Point Apartment Community

626 N Stevens St

123 Pine St
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.
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 | $1,281 | $505 | $1,460 |
| Pelican Lake 1 Bedroom Apartments | $1,279 | $645 | $2,955 |
| Pelican Lake 2 Bedroom Apartments | $1,526 | $545 | $3,555 |
| Pelican Lake 3 Bedroom Apartments | $1,479 | $1,125 | $3,399 |
Browse Top Apartments in Pelican Lake
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Pelican Lake, WI Local Guide
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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 Lofts At City Hall | One Bedroom | 1BR,1BA | $800 |
| 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 |
| Water's Edge Apartments | 2BR/1.5BA | 2BR,1BA | $1,025 |
| Foundry on 3rd | A1M | Studio,1BA | $1,050 |
| Aspen Village | 3X1.5F | 3BR,1BA | $1,125 |
Best Value Apartments for Rent in Pelican Lake, WI and Nearby
As of August 03, 2026 the best value apartment in the Pelican Lake area is the $0.83 price per square foot 3X1.5F Model at Aspen Village in the starting from $1,125. The second greatest value Pelican Lake apartment is the 2BD2BA-L Model at Towering Pines starting at $1,280 with a $1.12 price per square foot in the Downtown Wausau neighborhood. 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 | $0.83 |
| Towering Pines | 2BD2BA-L | 2BR,2BA | $1.12 |
| DRISCOLL ROAD ESTATES | 2 Bedroom 2 Bathroom Lower | 2BR,2BA | $1.17 |
| Eagle Trails Estates | 2 Bedroom 2 Bathroom - Lower | 2BR,2BA | $1.40 |
| Water's Edge Apartments | 2BR/1.5BA | 2BR,1.5BA | $1.08 |
| The Lofts At City Hall | Two Bedroom | 2BR,1BA | $1.06 |
| Morgan Oaks Townhomes | 9894 | 2BR,1BA | $1.48 |
| Alexander Estates Apartment Community | Fulton 1 BR Upper | 1BR,1BA | $1.46 |
| 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 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 $900 at The Lofts At City Hall.
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 $1,125.
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.

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.

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.

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.