Cheap Apartments for Rent in Summit Lake, WI from $500 (38 Rentals)

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

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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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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.

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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.

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Showing Results 1-38, Page 1 of 1

Summit Lake, WI Local Guide

Cheapest Available Summit Lake Apartments for Rent and Nearby

 

The cheapest available apartment rental in Summit Lake, WI is a 1 Bed unit found at Riverview Towers and Riverview Terrace in the Downtown Wausau neighborhood priced from $618. 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 Summit Lake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Riverview Towers and Riverview TerraceRiverview Terrace 1 Bedroom 1 Bath1BR,1BA$618
Diamonds Edge1 bd Upper1BR,1BA$645
City Walk Senior Apartments for Seniors 55+One Bedroom1BR,1BA$700
Wausau Columns Apartments1 Bedroom1BR,1BA$720
The Landmark1 BR 1BA1BR,1BA$800
SCS Merrill Apartment CommunitySeason 1 BR Upper1BR,1BA$865
Ross Avenue ApartmentsOne Bed1BR,1BA$875
Cedar Pointe Apartments2 Bedroom2BR,1BA$925
Westside CommonsThe Spark1BR,1BA$950
River Ridge Apartments1 Bedroom1BR,1BA$985

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

As of May 04, 2026 the best value apartment in the Summit 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 Summit Lake apartment is the Fulton 3 BR Upper Model at SCS Fox Point Apartment Community starting at $1,585 with a $1.36 price per square foot . Here is today’s list of the best values for Summit Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Aspen Village3X1.5F3BR,1.5BA$0.81
SCS Fox Point Apartment CommunityFulton 3 BR Upper3BR,2BA$1.36
HIDDEN VALLEY ESTATES2 Bed 2 Bath Upper Corner2BR,2BA$1.15
River Ridge Apartments1 Bedroom1BR,1BA$1.04
Cedar Pointe Apartments2 Bedroom2BR,1BA$1.03
Ross Avenue ApartmentsOne Bed1BR,1BA$1.18
Diamonds Edge1 bd Upper1BR,1BA$1.06
City Walk Senior Apartments for Seniors 55+One Bedroom1BR,1BA$1.20
Wausau Columns Apartments1 Bedroom1BR,1BA$1.26
Riverview Towers and Riverview TerraceRiverview Towers 2 Bedroom 1 Bath2BR,1BA$1.40

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

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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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 Summit Lake Apartments

What is the Cheapest Studio apartment in Summit Lake?

Currently the most affordable Cheap Studio Apartment in Summit Lake is at Foundry on 3rd listed at $1,050.

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

The lowest price for a Cheap One Bedroom Summit Lake Apartment is $618 at Riverview Towers and Riverview Terrace.

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

Today's best deal for a Cheap Two Bedroom Apartment in Summit Lake is starting from $699 at Riverview Towers and Riverview Terrace.

What is the most affordable Summit Lake Three Bedroom Apartment?

The best deal on a cheap Summit Lake Three Bedroom Apartment rental is at Cedar Pointe Apartments and starts from $1,035.

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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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.