
Cheap Apartments for Rent near Three Lakes, WI from $600 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in Three Lakes.


1331 5th Ave

W2798 WI-64

602 W 2nd St

540 Wausau Rd

Park City Apartments

The Lofts At City Hall
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.

Cedar Pointe Apartments

210 Hendricks St

130 N Baird Ave

PELICAN RIVER ESTATES

Pinewood Estates

1200 E 2nd St

T Bird Country Apartments
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.

DAVENPORT STREET ESTATES

Charlotte Court Apartments

Prosser Place Estates

1403 3rd Ave

Copper Lantern

102 E Gogebic St

612 E McLeod Ave
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.

1026 2nd St

539 Elm St

SCS Merrill Apartment Community

823 Superior St

Woods Hollow

Edgewood Manor

919 Nightingale St
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.

SCS Florence Apartment Community

100 S Marquette St

808 W Grand Ave
Three Lakes, WI Local Guide

How much does it cost to rent an apartment in Three Lakes?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Three Lakes Studio Apartments | $905 | $905 | $905 |
| Three Lakes 1 Bedroom Apartments | $896 | $750 | $1,325 |
| Three Lakes 2 Bedroom Apartments | $1,362 | $600 | $1,795 |
| Three Lakes 3 Bedroom Apartments | $1,299 | $1,035 | $1,625 |
Browse Top Apartments in Three Lakes
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Three Lakes, WI Local Guide
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Cheapest Available Three Lakes Apartments for Rent and Nearby
 The cheapest available apartment rental in Three Lakes, WI is a 2 Beds unit found at One Penny Place Senior Apartments priced from $600. The Lofts At City Hall has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here is today’s list of the most affordable Three Lakes apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| One Penny Place Senior Apartments | Two Bedrooms One Bathroom | 2BR, 1BA | $600 |
| The Lofts At City Hall | One Bedroom | 1BR, 1BA | $800 |
| SCS Merrill Apartment Community | Season 1 BR Upper | 1BR, 1BA | $890 |
| T Bird Country Apartments | Studio | Studio, 1BA | $905 |
| Pinewood Estates | 2 Bedroom 1 Bath | 2BR, 1BA | $995 |
| Woods Hollow | 3x1.5TH | 3BR, 1BA | $999 |
| Aspen Village | 3X1.5F | 3BR, 1BA | $1,125 |
| Alexander Estates Apartment Community | Fulton 1 BR Upper | 1BR, 1BA | $1,160 |
| SCS Fox Point Apartment Community | Fulton 1 BR Upper | 1BR, 1BA | $1,160 |
| Morgan Oaks Townhomes | 9894 | 2BR, 1BA | $1,180 |
Best Value Apartments for Rent in Three Lakes, WI and Nearby
As of September 22, 2026 the best value apartment in the Three Lakes area is the $0.93 price per square foot Three Bedroom Model at Forest Edge starting from $1,354. The second greatest value Three Lakes apartment is the 3X1.5F Model at Aspen Village starting at $1,125 with a $0.83 price per square foot. Here is today’s list of the best values for Three Lakes apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Forest Edge | Three Bedroom | 3BR, 2BA | $0.93 |
| Aspen Village | 3X1.5F | 3BR, 1.5BA | $0.83 |
| Woods Hollow | 3x1.5TH | 3BR, 1.5BA | $0.74 |
| DRISCOLL ROAD ESTATES | 2 Bedroom 2 Bath Split | 2BR, 2BA | $1.20 |
| Eagle Trails Estates | 2 Bedroom 2 Bathroom - Lower | 2BR, 2BA | $1.40 |
| Pinewood Estates | 2 Bedroom 1 Bath | 2BR, 1BA | $0.99 |
| Prosser Place Estates | 2 Bedroom Upper | 2BR, 1BA | $1.28 |
| The Lofts At City Hall | Two Bedroom | 2BR, 1BA | $1.06 |
| One Penny Place Senior Apartments | One Bedroom One Bathroom | 1BR, 1BA | $0.98 |
| Alexander Estates Apartment Community | Fulton 1 BR Upper | 1BR, 1BA | $1.46 |
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.
Read ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal 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.
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.
Best Local Schools in Three Lakes, WI
Three Lakes Elementary School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Three Lakes, WI Rentals by Map
See the most popular apartments and homes in Three Lakes, WI
Frequently Asked Questions about Cheap Three Lakes Apartments
How much is rent for a Cheap One Bedroom Three Lakes Apartment?
The lowest price for a Cheap One Bedroom Three Lakes Apartment is $800 at The Lofts At City Hall.
What is the lowest price for a Cheap Two Bedroom Three Lakes Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Three Lakes is starting from $600 at One Penny Place Senior Apartments.
What is the most affordable Three Lakes Three Bedroom Apartment?
The best deal on a cheap Three Lakes Three Bedroom Apartment rental is at Woods Hollow and starts from $999.
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

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.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.