Cheap Apartments for Rent in Summit, WI from $500 (27 Rentals)

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

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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property at 246 N Fowler St

$1,375 - $1,475

1 To 2 Bedroom Rentals

Available Now

246 N Fowler St

OconomowocWI53066

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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171 Wolf Dr
2 Bedroom Apartments

171 Wolf Dr

171 Wolf DrDousman, WI 53118
Corporate Housing

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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Edgewater Apartments
Studio to 2 Bedroom Apartments

Edgewater Apartments

231 N Fowler StOconomowoc, WI 53066
  • Utilities Included

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 1-27, Page 1 of 1

Summit, WI Local Guide

Cheapest Available Summit Apartments for Rent and Nearby

 

The cheapest available apartment rental in Summit, WI is a 2 Beds unit found at Berkshire Oconomowoc Senior Apartments in the Hickorywood Farms neighborhood priced from $1,458. Parquelynn Village has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,504. Here is today’s list of the most affordable Summit apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Berkshire Oconomowoc Senior ApartmentsUnit H2BR,1BA$1,458
Parquelynn VillageOakwood2BR,1BA$1,504
The LocklynPhase One - 1 Bedroom, 1 Bathroom - 1A1BR,1BA$1,538
Delafield Lakes Apartments1BR/1.0BA1BR,1BA$1,565
Whitman Place ApartmentsTwo Bedroom Deluxe2BR,2BA$1,595
Delafield Woods Apartments1BR/1.0BA1BR,1BA$1,650
THE GATEWAY1 Bedroom 1 Bathroom Wisconsin1BR,1BA$1,725
Lake Country Village ApartmentsRemodeled 2B2B Loft2BR,2BA$1,825
Wells Street Station1D1BR,1BA$1,995
Norden Range ApartmentsB32BR,2BA$2,265

Best Value Apartments for Rent in Summit, WI and Nearby

As of April 27, 2026 the best value apartment in the Summit area is the $2.14 price per square foot THA ALT Model at Hackney House Apartments in the in the Hickorywood Farms neighborhood starting from $3,314. The second greatest value Summit apartment is the B1-G Model at Norden Range Apartments starting at $2,500 with a $2.00 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 ApartmentsTHA ALT2BR,2.5BA$2.14
Norden Range ApartmentsB1-G2BR,2BA$2.00
Whitman Place ApartmentsTwo Bedroom Deluxe2BR,2BA$1.39
Parquelynn VillageSummit2BR,1.5BA$1.46
Lake Country Village ApartmentsRemodeled 2B2B Townhouse2BR,2BA$1.98
Berkshire Oconomowoc Senior ApartmentsUnit H2BR,1BA$1.65
THE GATEWAY1 Bedroom 1 Bathroom Wisconsin1BR,1BA$2.05
Delafield Lakes Apartments1BR/1.0BA1BR,1BA$1.92
Delafield Woods Apartments1BR/1.0BA1BR,1BA$2.04
The LocklynPhase One - 1 Bedroom, 1 Bathroom - 1A1BR,1BA$2.23

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!

Explore Summit, WI Rentals by Map

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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 $1,538 at The Locklyn.

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 $1,458 at Berkshire Oconomowoc Senior Apartments.

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 $2,701.

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 Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

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.

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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.