Cheap Apartments for Rent in the Downer Woods Neighborhood of Milwaukee, WI from $700 (43 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downer Woods area of Milwaukee.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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3402 N Oakland
1 Bedroom Apartments

3402 N Oakland

3402 N Oakland AveMilwaukee, WI 53211
  • Utilities Included
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3245 N Oakland
1 to 3 Bedroom Apartments

3245 N Oakland

3245 N Oakland AveMilwaukee, WI 53211
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Ben's Place
2 Bedroom Apartments

Ben's Place

3456 N Oakland AveMilwaukee, WI 53211
  • Utilities Included

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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Oakland Properties
Studio to 2 Bedroom Apartments

Oakland Properties

3438 N Oakland AveMilwaukee, WI 53211
  • Utilities Included
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2600 E Kenwood Blvd
1 Bedroom Apartments

2600 E Kenwood Blvd

2600 E Kenwood BlvdMilwaukee, WI 53211
Student Housing

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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Showing Results 1-43, Page 1 of 1

Downer Woods, Milwaukee, WI Local Guide

Cheapest Available Downer Woods Apartments for Rent

 

The cheapest available apartment rental in the Downer Woods area of Milwaukee, WI is a Studio unit found at Sixteen53 Prospect Avenue priced from $795. The Park at 1824 Student Apartments has the second lowest priced unit, which is a 3 Beds apartment currently listed from $849. Here are the most affordable Downer Woods apartments for rent in Milwaukee, WI:

Apartment ListingModel NameBed/BathPriced From
Sixteen53 Prospect Avenue0BR/1.0BAStudio, 1BA$795
The Park at 1824 Student ApartmentsRenovated 3 Bedroom Apartment3BR, 2BA$849
Sycamore Place ApartmentsSP0-1P.1Studio, 1BA$925
740 North by 3L LivingLightwell StudioStudio, 1BA$949
Waterfair ApartmentsA6Studio, 1BA$1,025
735 West by 3L Living0BR/1.0BAStudio, 1BA$1,059
Bon Aire1BR/1.0BA1BR, 1BA$1,150
TrioBruceStudio, 1BA$1,305
The Buckler by 3L LivingStudioStudio, 1BA$1,321
1910 on WaterSilver SpringStudio, 1BA$1,339

Best Value Apartments for Rent in Downer Woods, WI

As of September 27, 2026 the best value apartment in the Downer Woods area is the $1.73 price per square foot 3 Bed / 2 Bath (Penthouse) - 3,268 SF Model at City Green Apartments in the Haymarket neighborhood starting from $5,665. The second greatest value Downer Woods apartment is the Garden E1 - Garage Model at Axis Apartments in the Fairview neighborhood starting at $2,795 with a $1.83 price per square foot. Here is today’s list of the best values for Downer Woods apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
City Green Apartments3 Bed / 2 Bath (Penthouse) - 3,268 SF3BR, 2BA$1.73
Axis ApartmentsGarden E1 - Garage3BR, 2BA$1.83
Jefferson Block Apartments2 Bed / 1.5 Bath + Den - 1,412 SF2BR, 1.5BA$1.76
Bay Village Townhomes2 Bedroom, 2 Bath2BR, 2BA$1.26
The Malt HouseThe Kiln2BR, 2BA$1.66
Parkside at Estabrook ApartmentsDS2BR, 2BA$1.60
Six Points ApartmentsC2-R - 2x12BR, 1BA$1.72
Tosa Village2 Bedroom2BR, 1.5BA$1.68
Coventry1 Bed 1 Bath (1B1B)1BR, 1BA$1.81
The Park at 1824 Student ApartmentsRenovated 2 Bedroom Apartment2BR, 1BA$1.46

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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Pet Friendly Lifestyle
Downer Woods, Milwaukee, WI

Ranked #35

Among cities in Wisconsin for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap Downer Woods Apartments

What is the Cheapest Studio apartment in Downer Woods?

Currently the most affordable Cheap Studio Apartment in Downer Woods is at Sixteen53 Prospect Avenue listed at $795.

How much is rent for a Cheap One Bedroom Downer Woods Apartment?

The lowest price for a Cheap One Bedroom Downer Woods Apartment is $895 at Sixteen53 Prospect Avenue.

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

Today's best deal for a Cheap Two Bedroom Apartment in Downer Woods is starting from $1,100 at The Park at 1824 Student Apartments.

What is the most affordable Downer Woods Three Bedroom Apartment?

The best deal on a cheap Downer Woods Three Bedroom Apartment rental is at The Park at 1824 Student Apartments and starts from $849.

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

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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.

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A Local Expert's Guide to Milwaukee: Neighborhoods, Traditions, and the Cozy Spirit of Gemütlichkeit

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

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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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Finding The Best Affordable Milwaukee Neighborhoods to Rent

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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.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

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The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

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Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.