Most 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 October 29, 2025, the average rent in Sheboygan is $1,057, which is 0.6% 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
$865/Month
TransitScore® Rating
37/100
Units Available
13 Rentals
River Watch is a top choice for budget-conscious renters for a variety of reasons. The average rent in River Watch is $865 while the city average is $1,057. Residents enjoy convenient access to Kohler-Andrae State Park, Lakeland College, and S. Business Drive Shopping Center. The neighborhood is considered walkable with a WalkScore® of 72.
Business Drive South
Average Rent
$948/Month
TransitScore® Rating
28/100
Units Available
27 Rentals
When you’re looking for a great Sheboygan neighborhood on a budget, check out Business Drive South. The average rent is $948, compared to the city average of $1,057. Business Drive South is convenient to Washington Square Shopping Center, South Town Shopping Center, and Maywood - Ellwood H. May Environmental Park. The community is somewhat walkable with a WalkScore® of 63.
Madison Heights
Average Rent
$948/Month
Units Available
27 Rentals
Madison Heights is an affordable neighborhood in Sheboygan with an average rent price of $948. Compare this to the city average of $1,057. Madison Heights provides easy access to Sheboygan Plaza, Above and Beyond Children's Museum, and Kohler-Andrae State Park.
The Settlement at Lost Creek
Average Rent
$948/Month
TransitScore® Rating
24/100
Units Available
27 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 $948, while the city’s average stands at $1,057. The Settlement at Lost Creek is near Sheboygan Plaza, Above and Beyond Children's Museum, and Lakeland College.
Downtown Sheboygan
Average Rent
$1,264/Month
Year-Over-Year Rent Change
4.6%
TransitScore® Rating
37/100
Units Available
21 Rentals
Downtown Sheboygan is a top choice for budget-conscious renters for a variety of reasons. The average rent in Downtown Sheboygan is $1,264 while the city average is $1,057. This is a 4.6% difference from last year. Residents enjoy convenient access to Maywood - Ellwood H. May Environmental Park, Calumet Square, and Northgate Shopping Center. The neighborhood is considered walkable with a WalkScore® of 91.
Riverfront
Average Rent
$1,471/Month
Year-Over-Year Rent Change
9.2%
TransitScore® Rating
37/100
Units Available
13 Rentals
When you’re looking for a great Sheboygan neighborhood on a budget, check out Riverfront. The average rent is $1,471, compared to the city average of $1,057. Rent prices have increased by 9.2%. Riverfront is convenient to S. Business Drive Shopping Center, Lakeland College, and Above and Beyond Children's Museum. The community is 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.