Cheap Apartments for Rent in Silver Lake, WI from $400 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in Silver Lake.

Fox Crossing II

Whitetail Ridge

Prairie Villa Senior Apartments

Prairie Apartments
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.

Tan Oak Apartments

Lakewood Tower

Antioch Manor Apartments

Bear Arbor Apartments

430 Cunat Blvd

930 W Rollins Rd
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
Silver Lake, WI Local Guide

How much does it cost to rent an apartment in Silver Lake?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Silver Lake Studio Apartments | $1,797 | $1,483 | $4,075 |
Silver Lake 1 Bedroom Apartments | $1,737 | $464 | $5,205 |
Silver Lake 2 Bedroom Apartments | $2,111 | $660 | $6,710 |
Silver Lake 3 Bedroom Apartments | $2,800 | $1,152 | $6,545 |
Silver Lake 4 Bedroom Apartments | $3,560 | $3,049 | $4,912 |
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Silver Lake, WI Local Guide
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Cheapest Available Silver Lake Apartments for Rent and Nearby
 The cheapest available apartment rental in Silver Lake, WI is a 1 Bed unit found at Prairie Villa Senior Apartments in the Strawberry Creek neighborhood priced from $810. Lakewood Tower in the Grant's Grove neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,200. Here is today’s list of the most affordable Silver Lake apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Prairie Villa Senior Apartments | UNITS | 1BR,1BA | $810 |
Lakewood Tower | 2 Bed 790SF | 2BR,1BA | $1,200 |
Starling Senior Apartments | 1 Bed 1 Bath (60%) | 1BR,1BA | $1,261 |
The Boardwalk | Pelican | 1BR,1BA | $1,305 |
Timber Oaks (Patriot Oaks) | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,307 |
Best Value Apartments for Rent in Silver Lake, WI and Nearby
As of July 29, 2025 the best value apartment in the Silver Lake area is the $1.94 price per square foot Elm 3A Model at The Oaks of Canopy Hill in the starting from $2,570. The second greatest value Silver Lake apartment is the Hampton Model at Southwind Prairie Apartments starting at $1,975 with a $1.49 price per square foot . Here is today’s list of the best values for Silver Lake apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Oaks of Canopy Hill | Elm 3A | 3BR,2BA | $1.94 |
Southwind Prairie Apartments | Hampton | 2BR,2BA | $1.49 |
West Harbor Residences at Reva Bay | 2 Beds, 2 baths | 2BR,2BA | $1.48 |
Seasons at River View | 2A | 2BR,2BA | $1.96 |
The Residences at Dunham Grove | Two Bedroom Two Bathroom - Lower | 2BR,2BA | $1.71 |
The Granary Townhomes | 1E-LG | 1BR,1BA | $1.73 |
Lakewood Tower | 2 Bed 790SF | 2BR,1BA | $1.52 |
Prairie Villa Senior Apartments | UNITS | 1BR,1BA | $1.11 |
Timber Oaks (Patriot Oaks) | 1 Bedroom 1 Bathroom | 1BR,1BA | $2.03 |
Starling Senior Apartments | 1 Bed 1 Bath (60%) | 1BR,1BA | $1.97 |
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Getting Around Silver Lake, WI
Walk Score®
29 / 100
Car-Dependent
Most errands require a car
Bike Score®
38 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Silver Lake Apartments
What is the Cheapest Studio apartment in Silver Lake?
Currently the most affordable Cheap Studio Apartment in Silver Lake is at The Reserve at Kenosha listed at $1,483.
How much is rent for a Cheap One Bedroom Silver Lake Apartment?
The lowest price for a Cheap One Bedroom Silver Lake Apartment is $810 at Prairie Villa Senior Apartments.
What is the lowest price for a Cheap Two Bedroom Silver Lake Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Silver Lake is starting from $997 at Prairie Villa Senior Apartments.
What is the most affordable Silver Lake Three Bedroom Apartment?
The best deal on a cheap Silver Lake Three Bedroom Apartment rental is at The Oaks of Canopy Hill and starts from $2,570.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.