Best Affordable Neighborhoods in Sheboygan, WI
Some of the cheapest neighborhoods in Sheboygan are River Watch, King Park-Sheboygan, 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 January 28, 2026, the average rent in Sheboygan is $1,068, which is 1.1% 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
$854/Month
TransitScore® Rating
37/100
Units Available
15 Rentals
River Watch is an affordable neighborhood in Sheboygan with an average rent price of $854. Compare this to the city average of $1,068. River Watch provides easy access to Kohler-Andrae State Park, Sheboygan Plaza, and Above and Beyond Children's Museum. It’s a walkable neighborhood with a WalkScore® of 72.
King Park-Sheboygan
Average Rent
$972/Month
TransitScore® Rating
32/100
Units Available
11 Rentals
If you’re looking for a great, affordable neighborhood in Sheboygan, King Park-Sheboygan might be the perfect place! It has an average rent price of $972, while the city’s average stands at $1,068. King Park-Sheboygan is near Maywood - Ellwood H. May Environmental Park, Lakeland College, and Kohler-Andrae State Park.
Business Drive South
Average Rent
$1,028/Month
TransitScore® Rating
28/100
Units Available
29 Rentals
Business Drive South is a top choice for budget-conscious renters for a variety of reasons. The average rent in Business Drive South is $1,028 while the city average is $1,068. Residents enjoy convenient access to Washington Square Shopping Center, Concordia Univ., Wis., and Milwaukee Tech., Mequon. The neighborhood is considered somewhat walkable with a WalkScore® of 63.
Madison Heights
Average Rent
$1,028/Month
Units Available
29 Rentals
When you’re looking for a great Sheboygan neighborhood on a budget, check out Madison Heights. The average rent is $1,028, compared to the city average of $1,068. Madison Heights is convenient to Lakeland College, Washington Square Shopping Center, and Maywood - Ellwood H. May Environmental Park.
The Settlement at Lost Creek
Average Rent
$1,043/Month
TransitScore® Rating
24/100
Units Available
31 Rentals
The Settlement at Lost Creek is an affordable neighborhood in Sheboygan with an average rent price of $1,043. Compare this to the city average of $1,068. The Settlement at Lost Creek provides easy access to Kohler-Andrae State Park, Taylor Heights, and Sheboygan Plaza. It’s a car-dependent neighborhood with a WalkScore® of 32.
Downtown Sheboygan
Average Rent
$1,279/Month
Year-Over-Year Rent Change
2.3%
TransitScore® Rating
37/100
Units Available
23 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 $1,279, while the city’s average stands at $1,068. In the last year, prices have increased by 2.3%. Downtown Sheboygan is near Above and Beyond Children's Museum, Northgate Shopping Center, and The Islander on South Pier.
Riverfront
Average Rent
$1,423/Month
Year-Over-Year Rent Change
7.1%
TransitScore® Rating
37/100
Units Available
12 Rentals
Riverfront is a top choice for budget-conscious renters for a variety of reasons. The average rent in Riverfront is $1,423 while the city average is $1,068. This is a 7.1% difference from last year. Residents enjoy convenient access to Above and Beyond Children's Museum, Maywood - Ellwood H. May Environmental Park, and Lakeland College. The neighborhood is considered walkable with a WalkScore® of 85.
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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.