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 June 15, 2025, the average rent in Sheboygan is $1,058, which is 3.2% 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
$1,038/Month
TransitScore® Rating
37/100
Units Available
27 Rentals
If you’re looking for a great, affordable neighborhood in Sheboygan, River Watch might be the perfect place! It has an average rent price of $1,038, while the city’s average stands at $1,058. River Watch is near S. Business Drive Shopping Center, Marian University, Fond du Lac, and The Islander on South Pier.
The Flats
Average Rent
$1,055/Month
Year-Over-Year Rent Change
0.2%
TransitScore® Rating
34/100
Units Available
21 Rentals
The Flats is a top choice for budget-conscious renters for a variety of reasons. The average rent in The Flats is $1,055 while the city average is $1,058. This is a 0.2% difference from last year. Residents enjoy convenient access to Marian University, Fond du Lac, Kohler-Andrae State Park, and Washington Square Shopping Center. The neighborhood is considered walkable with a WalkScore® of 78.
Business Drive South
Average Rent
$1,118/Month
TransitScore® Rating
28/100
Units Available
31 Rentals
When you’re looking for a great Sheboygan neighborhood on a budget, check out Business Drive South. The average rent is $1,118, compared to the city average of $1,058. Business Drive South is convenient to Kohler-Andrae State Park, Milwaukee Tech., Mequon, and Concordia Univ., Wis.. The community is somewhat walkable with a WalkScore® of 63.
Madison Heights
Average Rent
$1,118/Month
Units Available
31 Rentals
Madison Heights is an affordable neighborhood in Sheboygan with an average rent price of $1,118. Compare this to the city average of $1,058. Madison Heights provides easy access to Washington Square Shopping Center, Sheboygan Plaza, and S. Business Drive Shopping Center.
The Settlement at Lost Creek
Average Rent
$1,118/Month
TransitScore® Rating
24/100
Units Available
31 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 $1,118, while the city’s average stands at $1,058. The Settlement at Lost Creek is near Sheboygan Plaza, Concordia Univ., Wis., and Taylor Heights.
King Park-Sheboygan
Average Rent
$1,186/Month
TransitScore® Rating
32/100
Units Available
26 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 $1,186 while the city average is $1,058. Residents enjoy convenient access to Lakeland College, S. Business Drive Shopping Center, and The Islander on South Pier. The neighborhood is considered walkable with a WalkScore® of 77.
Downtown Sheboygan
Average Rent
$1,236/Month
Year-Over-Year Rent Change
3.8%
TransitScore® Rating
37/100
Units Available
22 Rentals
When you’re looking for a great Sheboygan neighborhood on a budget, check out Downtown Sheboygan. The average rent is $1,236, compared to the city average of $1,058. Rent prices have increased by 3.8%. Downtown Sheboygan is convenient to Kohler-Andrae State Park, Maywood - Ellwood H. May Environmental Park, and The Islander on South Pier. The community is walkable with a WalkScore® of 91.
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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.