Cheap Apartments for Rent in Elkhart, IN from $500 (35 Rentals)

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

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Ashton Pines
1 to 4 Bedroom Apartments

Ashton Pines

4353 Balsam Fir LnElkhart, IN 46517
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Northway Manor
1 to 3 Bedroom Apartments

Northway Manor

915 Northway CirElkhart, IN 46514
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Highland
1 to 3 Bedroom Apartments

Highland

1875 Osolo RdElkhart, IN 46514
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Carriage House
1 to 3 Bedroom Apartments

Carriage House

1200 Burr Oak CtElkhart, IN 46517
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Water Tower Place
1 to 3 Bedroom Apartments

Water Tower Place

320 La Salle StElkhart, IN 46516
Senior Living
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Cobus Green
2 to 3 Bedroom Apartments

Cobus Green

54152 Ash RdOsceola, IN 46561
Showing Results 1-35, Page 1 of 1

Elkhart, IN Local Guide

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Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Elkhart, IN

Pricing Updated: 03/26/2025

Current apartment rentals in the Elkhart, IN area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Elkhart Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
North Elkhart$1,317$5004397
South Elkhart$1,317$5004561

Cheapest Available Elkhart Apartments for Rent

 

The cheapest available apartment rental in Elkhart, IN is a 2 Beds unit found at La Casa Estates in the East Jackson neighborhood priced from $730. Avalon West Apartment Homes in the Bower neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $754. Here is today’s list of the most affordable Elkhart apartments for rent:

Apartment ListingModel NameBed/BathPriced From
La Casa Estates2 bedroom2BR,1BA$730
Avalon West Apartment Homes1B/1B-Up1BR,1BA$754
Old Farm ApartmentsOne Bedroom1BR,1BA$764
FARMINGTON HILLS1 BR1BR,1BA$770
Walnut Trails ApartmentsThe Cypress1BR,1BA$825
Elkhart Green Apartments11BR,1BA$830
Woodwind Apartments1 BR/ 1 BA1BR,1BA$875
The Retreat Apartment Homes1 bd1BR,1BA$894
North Pointe ApartmentsOne Bedroom1BR,1BA$919
The Highlands ApartmentsOne Bedroom1BR,1BA$972

Best Value Apartments for Rent in Elkhart, IN

As of March 26, 2025 the best value apartment in the Elkhart area is the $1.02 price per square foot 3 Bedroom Model at Arbors at Riverbend Apartments in the in the Outer Central South neighborhood starting from $1,182. The second greatest value Elkhart apartment is the 2bd/2bath Model at 121-123 S Main St starting at $1,150 with a $1.05 price per square foot in the East Jackson neighborhood. Here is today’s list of the best values for Elkhart apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Arbors at Riverbend Apartments3 Bedroom3BR,2BA$1.02
121-123 S Main St2bd/2bath2BR,2BA$1.05
Hunter's Pond2 Bedroom/ 2 Bath - Hunter's Pond2BR,2BA$1.22
GREENLEAF2 bed 2 bath 1000 sq ft2BR,2BA$1.10
Forest Glen Apartments3 Bed3BR,1BA$1.08
River Point West1/11BR,1BA$1.21
North Pointe ApartmentsOne Bedroom End1BR,1BA$1.22
Elkhart Green Apartments11BR,1BA$1.15
The Retreat Apartment Homes1 bd1BR,1BA$1.26
Avalon West Apartment Homes1B/1B-Up1BR,1BA$1.16

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Elkhart Overview

If you are planning on moving to the Midwest, you should consider living in Elkhart, Indiana. There are plenty of apartments in Elkhart, and this is a city that is located just east of South Bend, Indiana. There are lots of apartments in Elkhart available, but you need to find the right location for yourself and your family. What do you need to know about the local area? Do not forget that there are local experts who can help you find the right apartment to meet your needs.

Why live in Elkhart, IN?

There are plenty of reasons why people choose to live in Elkhart, Indiana. First, the cost of living is relatively low. If you live in Elkhart, your money is probably going to go a long way. Second, the traffic in the area is relatively light. It should not take you very long to get from place to place, and you will be able to spend more time with your family members and friends. Finally, Elkhart is also not that far away from South Bend, Indiana. If you want to check out Notre Dame university, you will not be that far away.

Best Local Schools in
Elkhart, IN

School data provided by Great Schools

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

Explore Elkhart, IN Rentals by Map

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See the most popular apartments and homes in Elkhart, IN

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Getting Around Elkhart, IN

Walk Score®

34 / 100

Car-Dependent

Most errands require a car

Bike Score®

42 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Elkhart Apartments

What is a cheap apartment in Elkhart?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Elkhart is under $972.

What is the price of a cheap apartment in Elkhart?

The cheapest apartment in Elkhart is Avalon West Apartment Homes which is listed at $754, while the average apartment in Elkhart costs $1,317.

What types of apartments are the cheapest in Elkhart?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 96 regular apartments in Elkhart that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Elkhart?

Cheap apartments in Elkhart have an average cost of $1,317 which is $0 cheaper than the average rent for all rentals in Elkhart.

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.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.