Cheap Apartments for Rent in Summit, WI from $500 (24 Rentals)

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

property at 246 N Fowler St

$1,275 - $1,375

1 To 2 Bedroom Rentals

Available Now

246 N Fowler St

OconomowocWI53066

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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171 Wolf Dr
2 Bedroom Apartments

171 Wolf Dr

171 Wolf DrDousman, WI 53118
Corporate Housing

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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Edgewater Apartments
Studio to 2 Bedroom Apartments

Edgewater Apartments

231 N Fowler StOconomowoc, WI 53066
  • Utilities Included
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266 Cory Ave
2 Bedroom Apartments

266 Cory Ave

266 Cory AveDousman, WI 53118

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.

Summit, WI Local Guide

Cheapest Available Summit Apartments for Rent and Nearby

 

The cheapest available apartment rental in Summit, WI is a 1 Bed unit found at Oconomowoc School Apartments in the Hickorywood Farms neighborhood priced from $935. Parquelynn Village has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,404. Here is today’s list of the most affordable Summit apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Oconomowoc School Apartments1x1-1131BR,1BA$935
Parquelynn VillageOakwood2BR,1BA$1,404
Berkshire Oconomowoc Senior ApartmentsUnit H2BR,1BA$1,458
Whitman Place ApartmentsTwo Bedroom Deluxe2BR,2BA$1,595
Delafield Woods Apartments1BR/1.0BA1BR,1BA$1,650

Best Value Apartments for Rent in Summit, WI and Nearby

As of June 13, 2026 the best value apartment in the Summit area is the $2.10 price per square foot THA Model at Hackney House Apartments in the in the Hickorywood Farms neighborhood starting from $3,292. The second greatest value Summit apartment is the C2-G Model at Norden Range Apartments starting at $2,994 with a $1.91 price per square foot in the Hickorywood Farms neighborhood. Here is today’s list of the best values for Summit apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Hackney House ApartmentsTHA2BR,2.5BA$2.10
Norden Range ApartmentsC2-G3BR,2BA$1.91
Whitman Place ApartmentsTwo Bedroom Deluxe2BR,2BA$1.39
The LocklynPhase One - 2 Bedroom, 2 Bathroom with Garage2BR,2BA$2.10
THE GATEWAY2 Bedrooms 2 Bathrooms Collins2BR,2BA$1.82
Parquelynn VillageSummit2BR,1.5BA$1.34
863 S Silver Lake St, Unit Lower unit863 S Silver Lake St3BR,1BA$2.11
Oconomowoc School Apartments1x1-1131BR,1BA$1.01
Berkshire Oconomowoc Senior ApartmentsUnit H2BR,1BA$1.65
Delafield Woods Apartments1BR/1.5BA1BR,1.5BA$2.11

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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Summit Apartments

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

The lowest price for a Cheap One Bedroom Summit Apartment is $935 at Oconomowoc School Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Summit is starting from $1,404 at Parquelynn Village.

What is the most affordable Summit Three Bedroom Apartment?

The best deal on a cheap Summit Three Bedroom Apartment rental is at The Locklyn and starts from $2,670.

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

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units  article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.