
Cheap Homes for Rent in Algoma, WI from $500 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Algoma.


2707 Forest Ave

309 S Erie St
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

1607 19th St

1400 N Clay St

712 S Oakland Ave
Navigating 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.

1510 24th St

1635 Smith St

203 Highridge Ave
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

120 Call Ave

2014-2013 13th St
Algoma, WI Local Guide

How much does it cost to rent a home in Algoma?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Algoma 2 Bedroom Homes for Rent | $1,335 | $875 | $2,950 |
Algoma 3 Bedroom Homes for Rent | $2,118 | $945 | $3,800 |
Algoma 4 Bedroom Homes for Rent | $1,910 | $1,550 | $2,200 |
Algoma 5 Bedroom Homes for Rent | $1,895 | $1,895 | $1,895 |
Algoma 7 Bedroom Homes for Rent | $1,995 | $1,995 | $1,995 |
Browse Top Homes for Rent in Algoma
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Algoma, WI Local Guide
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Cheapest Available Algoma Apartments for Rent and Nearby
 The cheapest available apartment rental in Algoma, WI is a 1 Bed unit found at Meadow View East in the East Shore Drive neighborhood priced from $770. Cedar Lake Apartments in the East Shore Drive neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $935. Here is today’s list of the most affordable Algoma apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Meadow View East | 1 Bedroom | 1BR,1BA | $770 |
Cedar Lake Apartments | Highlands DET - 1100 Sqft | 2BR,1BA | $935 |
Alfred Dr Apartments | 1748 F5 | 2BR,1BA | $1,000 |
Pheasant Run Apartments | 1BR/1.0BA | 1BR,1BA | $1,025 |
The Shores | 1 Bed Deluxe - 850 sqft | 1BR,1BA | $1,080 |
Best Value Apartments for Rent in Algoma, WI and Nearby
As of May 13, 2025 the best value apartment in the Algoma area is the $1.10 price per square foot 3 Bedroom Townhome Model at Meadow View East in the in the East Shore Drive neighborhood starting from $1,425. The second greatest value Algoma apartment is the 2BR/2.0BA Model at Huron Grove Apartments starting at $1,250 with a $1.15 price per square foot in the Wilder Park neighborhood. Here is today’s list of the best values for Algoma apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Meadow View East | 3 Bedroom Townhome | 3BR,2.5BA | $1.10 |
Huron Grove Apartments | 2BR/2.0BA | 2BR,2BA | $1.15 |
Pheasant Run Apartments | 1BR/1.0BA | 1BR,1BA | $0.95 |
Cedar Lake Apartments | Highland ATT - 1100 Sqft | 2BR,1BA | $1.23 |
Alfred Dr Apartments | 1748 | 2BR,1BA | $1.10 |
East Mason Apartments | 2 Bedroom 1 Bath 1 Stall Garage | 2BR,1BA | $1.20 |
SCS Sturgeon Bay Estates | Ranger 2 BR Lower* | 2BR,1BA | $1.53 |
The Shores | 1 Bed Deluxe - 905 sqft | 1BR,1BA | $1.30 |
Cherry Hills Apartments | 2 Bedroom Ultra | 2BR,1BA | $1.28 |
Elevate at Baird Creek | The Vision | 1BR,1.5BA | $1.63 |
Quick Rent Budget Calculator
How much rent can you afford?
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Frequently Asked Questions about Algoma
What type of rentals are currently available in Algoma?
There are currently 46 Apartments for Rent in Algoma, WI with pricing that ranges from $460 to $2,500. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Algoma ranging from $500 to $3,800.
What is the current price range for Rental Homes in Algoma?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Algoma ranges from $500 to $3,800 with an average monthly rent of $1,658.
How much are larger Three and Four Bedroom Rentals in Algoma?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Algoma range from $1,150 to $2,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $945 to $3,800. Four Bedroom Single-Family rentals are also available starting from $1,550 and Four Bedroom Apartments start at $2,200.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.