Cheap Apartments for Rent in Brookfield, WI from $500 (99 Rentals)

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Search the lowest-cost Apartments available for rent right now in Brookfield.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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15355 W North Ave
2 Bedroom Apartments

15355 W North Ave

15355 W North AveBrookfield, WI 53005
  • Utilities Included
  • Smoke Free
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Canterbury Crossing
2 to 3 Bedroom Apartments

Canterbury Crossing

561 Westfield WayBrookfield, WI 53072
  • Utilities Included

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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property at 2358 N 114th St

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200
Total Monthly Price
$1,200

1 Bedroom, 1 Bath Townhome for Rent

Available Aug 1

2358 N 114th St, Unit Wauwatosa Duplex

2358 N 114th St
WauwatosaWI53226

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Brookfield, WI Local Guide

Cheapest Available Brookfield Apartments for Rent

 

The cheapest available apartment rental in Brookfield, WI is a Studio unit found at Waterfair Apartments in the Milwaukee County Zoo neighborhood priced from $990. FIFTY101 Apartments in the Park Knoll neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,000. Here is today’s list of the most affordable Brookfield apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Waterfair ApartmentsA6Studio,1BA$990
FIFTY101 Apartments5101 1BD 1BATH W/Patio1BR,1BA$1,000
Autumn GlenLaurel1BR,1BA$1,030
1611 S 115th CourtUpper Unit2BR,1BA$1,100
Courtyard Senior Apartment Homes - 55+Two Bedroom - 50%2BR,1BA$1,136
Foxbrook Senior ApartmentsOne Bedroom1BR,1BA$1,154
The Flats at Bishop's Woods2 Bedroom/1 - 2 Bath AVAILABLE 50% to 70% - Inc...2BR,1BA$1,169
Normandy VillageRoyal C1BR,1BA$1,305
The Regent Senior & The Oxford3 Bedroom - Income Restricted 50%3BR,2BA$1,307

Best Value Apartments for Rent in Brookfield, WI

As of July 07, 2026 the best value apartment in the Brookfield area is the $1.46 price per square foot Two Bedroom One Bath - Upper Model at Fox River Preserve II in the in the Spring Hills neighborhood starting from $1,999. The second greatest value Brookfield apartment is the 2BR - 2 Bath Lower Model at Brookfield Creeks - 55+Community starting at $1,995 with a $1.66 price per square foot in the Spring Hills neighborhood. Here is today’s list of the best values for Brookfield apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Fox River Preserve IITwo Bedroom One Bath - Upper2BR,1BA$1.46
Brookfield Creeks - 55+Community2BR - 2 Bath Lower2BR,2BA$1.66
Georgetown Square ApartmentsWashington - 2 Bed, 2 Bath2BR,2BA$1.66
1933 S 124th St, Unit 19331933 S 124th St2BR,1BA$1.58
CarriagewayD2BR,1.5BA$1.58
Willow CreekAcacia2BR,2BA$1.55
10523 W Hampton Ave, Unit 210523 W Hampton Ave2BR,1BA$1.41
1611 S 115th CourtUpper Unit2BR,1BA$1.29
Autumn GlenLaurel1BR,1BA$1.32
FIFTY101 Apartments5101 1BD 1BATH W/Patio1BR,1BA$1.56

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Best Local Schools in
Brookfield, WI

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Brookfield Apartments

What is the Cheapest Studio apartment in Brookfield?

Currently the most affordable Cheap Studio Apartment in Brookfield is at Waterfair Apartments listed at $990.

How much is rent for a Cheap One Bedroom Brookfield Apartment?

The lowest price for a Cheap One Bedroom Brookfield Apartment is $1,000 at FIFTY101 Apartments.

What is the lowest price for a Cheap Two Bedroom Brookfield Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Brookfield is starting from $1,100 at 1611 S 115th Court.

What is the most affordable Brookfield Three Bedroom Apartment?

The best deal on a cheap Brookfield Three Bedroom Apartment rental is at The Regent Senior & The Oxford and starts from $1,307.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Helpful Local Expert Guides

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Finding The Best Affordable Milwaukee Neighborhoods to Rent

Written by: Tim Brown

I'm Tim, your ApartmentHomeLiving.com Local Expert for Milwaukee, Wisconsin. Growing up in the city and then just blocks outside the border, many Milwaukee neighborhoods have been home to friends and family for many years.

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The Top Neighborhoods for Off-Campus Housing for Milwaukee-Area College Students

Written by: Tim Brown

I'm Tim, your ApartmentHomeLiving.com Local Expert for Milwaukee, Wisconsin. Growing up in the city and then blocks outside the border, many of the Milwaukee neighborhoods profiled here have been home to friends and family.

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A Local Experts Guide to Milwaukee: Neighborhoods, Traditions, and the Cozy Spirit of Gemütlichkeit

Written by: Tim Brown

I'm Tim, your ApartmentHomeLiving.com Local Expert for Milwaukee, Wisconsin. Growing up in the city and then blocks outside the border, Milwaukee's neighborhoods have been home to friends and family for years.

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An Insiders Guide to Apartment Living Near Milwaukee's Four Employer Clusters

Written by: Tim Brown

Having grown up in Milwaukee and lived in Waukesha for several years, I have come to realize that the Milwaukee metro area offers diverse employment and housing opportunities.

Articles, How-To's, and Tips

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.