
Cheap Homes for Rent in Summit Lake, WI from $300 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Summit Lake.


416 Manitowish St

539 Elm St

815 Railroad Ave
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.

406 Garfield Ave

313 Callon St

409 Cedar St

401 Cedar 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.

607 Grant St
Summit Lake, WI Local Guide

How much does it cost to rent a home in Summit Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Summit Lake 2 Bedroom Homes for Rent | $1,518 | $1,095 | $2,500 |
| Summit Lake 3 Bedroom Homes for Rent | $1,466 | $975 | $2,170 |
| Summit Lake 4 Bedroom Homes for Rent | $2,170 | $1,500 | $3,300 |
| Summit Lake 6 Bedroom Homes for Rent | $1,208 | $375 | $1,650 |
Browse Top Homes for Rent in Summit Lake
Explore Summit Lake
Summit Lake, WI Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Riverview Towers and Riverview Terrace | Riverview Terrace 1 Bedroom 1 Bath | 1BR,1BA | $618 |
| Diamonds Edge | 1 bd Upper | 1BR,1BA | $645 |
| City Walk Senior Apartments for Seniors 55+ | One Bedroom | 1BR,1BA | $700 |
Best Value Apartments for Rent in Summit Lake, WI and Nearby
As of April 12, 2026 the best value apartment in the Summit Lake area is the $1.06 price per square foot 2 Bed 2 Bath upper Model at Bos Creek Estates in the in the Downtown Wausau neighborhood starting from $1,269. The second greatest value Summit Lake apartment is the 2 Bedroom 2 Bath Upper Split Model at Webster Street Estates starting at $1,310 with a $1.22 price per square foot . Here is today’s list of the best values for Summit Lake apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Bos Creek Estates | 2 Bed 2 Bath upper | 2BR,2BA | $1.06 |
| Webster Street Estates | 2 Bedroom 2 Bath Upper Split | 2BR,2BA | $1.22 |
| Aspen Village | 2X1S | 2BR,1BA | $1.20 |
| Park City Apartments | 2 Bedroom 1 Bathroom Newly Remodel Upper | 2BR,1BA | $0.93 |
| River Ridge Apartments | 1 Bedroom | 1BR,1BA | $1.04 |
| The Lofts At City Hall | One Bedroom | 1BR,1BA | $1.06 |
| Cedar Pointe Apartments | 2 Bedroom | 2BR,1BA | $1.03 |
| Ross Avenue Apartments | One Bed | 1BR,1BA | $1.18 |
| Diamonds Edge | 1 bd Upper | 1BR,1BA | $1.06 |
| City Walk Senior Apartments for Seniors 55+ | One Bedroom | 1BR,1BA | $1.20 |
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.
Read ArticleDon'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 ArticleThe 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.
Read ArticleCash 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.
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 Summit Lake, WI Rentals by Map
See the most popular apartments and homes in Summit Lake, WI
Frequently Asked Questions about Summit Lake
What type of rentals are currently available in Summit Lake?
There are currently 41 Apartments for Rent in Summit Lake, WI with pricing that ranges from $610 to $3,450. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Summit Lake ranging from $375 to $3,300.
What is the current price range for Rental Homes in Summit Lake?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Summit Lake ranges from $375 to $3,300 with an average monthly rent of $1,576.
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

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.

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.