Most Affordable Neighborhoods in Sheboygan, WI
Some of the cheapest neighborhoods in Sheboygan are River Watch, The Flats, and Business Drive South. These neighborhoods offer some of the lowest rent prices in Sheboygan, making them ideal for renters on a budget. As of July 30, 2025, the average rent in Sheboygan is $1,035, which is 1.5% 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
$1,011/Month
TransitScore® Rating
37/100
Units Available
22 Rentals
When you’re looking for a great Sheboygan neighborhood on a budget, check out River Watch. The average rent is $1,011, compared to the city average of $1,035. River Watch is convenient to The Islander on South Pier, Above and Beyond Children's Museum, and Marian University, Fond du Lac. The community is walkable with a WalkScore® of 72.
The Flats
Average Rent
$1,021/Month
Year-Over-Year Rent Change
0.1%
TransitScore® Rating
34/100
Units Available
21 Rentals
The Flats is an affordable neighborhood in Sheboygan with an average rent price of $1,021. Compare this to the city average of $1,035. In the past year, rent prices have increased by 0.1%. The Flats provides easy access to Maywood - Ellwood H. May Environmental Park, Above and Beyond Children's Museum, and Marian University, Fond du Lac. It’s a walkable neighborhood with a WalkScore® of 78.
Business Drive South
Average Rent
$1,055/Month
TransitScore® Rating
28/100
Units Available
27 Rentals
If you’re looking for a great, affordable neighborhood in Sheboygan, Business Drive South might be the perfect place! It has an average rent price of $1,055, while the city’s average stands at $1,035. Business Drive South is near Above and Beyond Children's Museum, Marian University, Fond du Lac, and Milwaukee Tech., Mequon.
Madison Heights
Average Rent
$1,055/Month
Units Available
27 Rentals
Madison Heights is a top choice for budget-conscious renters for a variety of reasons. The average rent in Madison Heights is $1,055 while the city average is $1,035. Residents enjoy convenient access to Lakeland College, Concordia Univ., Wis., and S. Business Drive Shopping Center.
The Settlement at Lost Creek
Average Rent
$1,055/Month
TransitScore® Rating
24/100
Units Available
27 Rentals
When you’re looking for a great Sheboygan neighborhood on a budget, check out The Settlement at Lost Creek. The average rent is $1,055, compared to the city average of $1,035. The Settlement at Lost Creek is convenient to Sheboygan Plaza, Taylor Heights, and Kohler-Andrae State Park. The community is car-dependent with a WalkScore® of 32.
King Park-Sheboygan
Average Rent
$1,109/Month
TransitScore® Rating
32/100
Units Available
23 Rentals
King Park-Sheboygan is an affordable neighborhood in Sheboygan with an average rent price of $1,109. Compare this to the city average of $1,035. King Park-Sheboygan provides easy access to Washington Square Shopping Center, The Islander on South Pier, and Kohler-Andrae State Park. It’s a walkable neighborhood with a WalkScore® of 77.
Downtown Sheboygan
Average Rent
$1,182/Month
Year-Over-Year Rent Change
1.6%
TransitScore® Rating
37/100
Units Available
17 Rentals
If you’re looking for a great, affordable neighborhood in Sheboygan, Downtown Sheboygan might be the perfect place! It has an average rent price of $1,182, while the city’s average stands at $1,035. In the last year, prices have increased by 1.6%. Downtown Sheboygan is near Above and Beyond Children's Museum, Calumet Square, and Kohler-Andrae State 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.