Best Affordable Neighborhoods in Sheboygan, WI
Some of the cheapest neighborhoods in Sheboygan are River Watch, Business Drive South, and Madison Heights. These neighborhoods offer some of the lowest rent prices in Sheboygan, making them ideal for renters on a budget. As of December 13, 2025, the average rent in Sheboygan is $1,056, which is 0.5% higher than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.
River Watch
Average Rent
$859/Month
TransitScore® Rating
37/100
Units Available
15 Rentals
River Watch is a top choice for budget-conscious renters for a variety of reasons. The average rent in River Watch is $859 while the city average is $1,056. Residents enjoy convenient access to Lakeland College, Sheboygan Plaza, and The Islander on South Pier. The neighborhood is considered walkable with a WalkScore® of 72.
Business Drive South
Average Rent
$976/Month
TransitScore® Rating
28/100
Units Available
29 Rentals
When you’re looking for a great Sheboygan neighborhood on a budget, check out Business Drive South. The average rent is $976, compared to the city average of $1,056. Business Drive South is convenient to S. Business Drive Shopping Center, Marian University, Fond du Lac, and Concordia Univ., Wis.. The community is somewhat walkable with a WalkScore® of 63.
Madison Heights
Average Rent
$976/Month
Units Available
29 Rentals
Madison Heights is an affordable neighborhood in Sheboygan with an average rent price of $976. Compare this to the city average of $1,056. Madison Heights provides easy access to Marian University, Fond du Lac, Above and Beyond Children's Museum, and Lakeland College.
The Settlement at Lost Creek
Average Rent
$976/Month
TransitScore® Rating
24/100
Units Available
29 Rentals
If you’re looking for a great, affordable neighborhood in Sheboygan, The Settlement at Lost Creek might be the perfect place! It has an average rent price of $976, while the city’s average stands at $1,056. The Settlement at Lost Creek is near Maywood - Ellwood H. May Environmental Park, Kohler-Andrae State Park, and Lakeland College.
King Park-Sheboygan
Average Rent
$981/Month
TransitScore® Rating
32/100
Units Available
10 Rentals
King Park-Sheboygan is a top choice for budget-conscious renters for a variety of reasons. The average rent in King Park-Sheboygan is $981 while the city average is $1,056. Residents enjoy convenient access to Lakeland College, S. Business Drive Shopping Center, and Washington Square Shopping Center. The neighborhood is considered walkable with a WalkScore® of 77.
Downtown Sheboygan
Average Rent
$1,300/Month
Year-Over-Year Rent Change
4.4%
TransitScore® Rating
37/100
Units Available
25 Rentals
When you’re looking for a great Sheboygan neighborhood on a budget, check out Downtown Sheboygan. The average rent is $1,300, compared to the city average of $1,056. Rent prices have increased by 4.4%. Downtown Sheboygan is convenient to Above and Beyond Children's Museum, Lakeland College, and Kohler-Andrae State Park. The community is walkable with a WalkScore® of 91.
Ellis Historic
Average Rent
$1,407/Month
Year-Over-Year Rent Change
0.1%
TransitScore® Rating
36/100
Units Available
11 Rentals
Ellis Historic is an affordable neighborhood in Sheboygan with an average rent price of $1,407. Compare this to the city average of $1,056. In the past year, rent prices have increased by 0.1%. Ellis Historic provides easy access to Calumet Square, Kohler-Andrae State Park, and Above and Beyond Children's Museum. It’s a walkable neighborhood with a WalkScore® of 79.
Riverfront
Average Rent
$1,425/Month
Year-Over-Year Rent Change
8.6%
TransitScore® Rating
37/100
Units Available
12 Rentals
If you’re looking for a great, affordable neighborhood in Sheboygan, Riverfront might be the perfect place! It has an average rent price of $1,425, while the city’s average stands at $1,056. In the last year, prices have increased by 8.6%. Riverfront is near Lakeland College, Kohler-Andrae State Park, and Maywood - Ellwood H. May Environmental Park.
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Methodology
Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.
We've combined this data with public records to provide the most current rental information available.