Cheap Apartments for Rent near Summit Lake, WI from $500 (41 Rentals)

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

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.

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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.

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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.

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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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Showing Results 1-41, 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 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 Summit Lake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Diamonds Edge1 bd Upper1BR,1BA$645
Wausau Columns Apartments1 Bedroom1BR,1BA$720
The Lofts At City HallOne Bedroom1BR,1BA$800
The Landmark1 BR 1BA1BR,1BA$800
SCS Merrill Apartment CommunitySeason 1 BR Lower1BR,1BA$865
Ross Avenue ApartmentsOne Bed1BR,1BA$875
Kannenberg Plaza1 Bedroom1BR,1BA$920
Water's Edge Apartments2BR/1.5BA2BR,1BA$1,025
Foundry on 3rdA1MStudio,1BA$1,050
Aspen Village3X1.5F3BR,1BA$1,125

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

As of August 03, 2026 the best value apartment in the Summit 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 Summit 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 Summit Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Aspen Village3X1.5F3BR,1.5BA$0.83
Towering Pines2BD2BA-L2BR,2BA$1.12
DRISCOLL ROAD ESTATES2 Bedroom 2 Bathroom Lower2BR,2BA$1.17
Eagle Trails Estates2 Bedroom 2 Bathroom - Lower2BR,2BA$1.40
Water's Edge Apartments2BR/1.5BA2BR,1.5BA$1.08
The Lofts At City HallTwo Bedroom2BR,1BA$1.06
Alexander Estates Apartment CommunityFulton 1 BR Upper1BR,1BA$1.46
Ross Avenue ApartmentsOne Bed1BR,1BA$1.18
Diamonds Edge1 bd Upper1BR,1BA$1.06
Wausau Columns Apartments1 Bedroom1BR,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.

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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!

Explore Summit Lake, WI Rentals by Map

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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 $645 at Diamonds Edge.

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 $900 at The Lofts At City Hall.

What is the most affordable Summit Lake Three Bedroom Apartment?

The best deal on a cheap Summit 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

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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.

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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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

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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.