Cheap Apartments for Rent in the Alverno College Neighborhood of Milwaukee, WI from $500 (12 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
Cherokee Village
1 to 2 Bedroom Apartments

Cherokee Village

4058 S 43rd StMilwaukee, WI 53220
  • Utilities Included
close
View Me
3235 S 48th St
1 Bedroom Apartments

3235 S 48th St

3235 S 48th StMilwaukee, WI 53219
  • Utilities Included
close
View Me
Hunters Square
1 to 2 Bedroom Apartments

Hunters Square

3180 W Dakota StMilwaukee, WI 53215
  • Utilities Included
close
View Me
4138 S 51st St
1 to 2 Bedroom Apartments

4138 S 51st St

4138 S 51st StMilwaukee, WI 53220
  • Utilities Included
close
View Me
3073 W Ruskin Ct
2 Bedroom Apartments

3073 W Ruskin Ct

3073 W Ruskin CtMilwaukee, WI 53215

Alverno College, Milwaukee, WI Local Guide

Cheapest Available Alverno College Apartments for Rent

 

The cheapest available apartment rental in the Alverno College area of Milwaukee, WI is a 1 Bed unit found at 3270 S 49th St priced from $995. Southgate has the second lowest priced unit, which is a 1 Bed apartment currently listed from $995. Here are the most affordable Alverno College apartments for rent in Milwaukee, WI:

Apartment ListingModel NameBed/BathPriced From
3270 S 49th StOne Bed One Bath1BR,1BA$995
SouthgateGreenhouse1BR,1BA$995
Southport Apartments1 Bedroom1BR,1BA$1,040
51st Street 8 Families2BR/1.0BA2BR,1BA$1,050
Alverno Pool Apartments1B1B1BR,1BA$1,075

Best Value Apartments for Rent in Alverno College, WI

As of September 19, 2025 the best value apartment in the Alverno College area is the $1.82 price per square foot Fleetwood Model at Ravinia in the in the Far South Side neighborhood starting from $1,885. The second greatest value Alverno College apartment is the Two Bedroom/ One Bath Model at 48 on Cold Spring starting at $1,100 with a $1.29 price per square foot in the White Manor neighborhood. Here is today’s list of the best values for Alverno College apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
RaviniaFleetwood2BR,2BA$1.82
48 on Cold SpringTwo Bedroom/ One Bath2BR,1BA$1.29
3270 S 49th StOne Bed One Bath1BR,1BA$1.23
Loomis HillsBatavia1BR,1BA$1.55
51st Street 8 Families2BR/1.0BA2BR,1BA$1.31
3028 S 47th St, Unit 3028 A. S. 47th St. Upper3028 S 47th St2BR,1BA$1.50
SouthgateConservatory2BR,1BA$1.71
Alverno Pool Apartments1B1B1BR,1BA$1.54
Oklahoma ManorMadison1BR,1BA$1.85
Southport Apartments1 Bedroom1BR,1BA$1.73

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Alverno College, Milwaukee, WI

Ranked #151

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

decorative image of woman handing cat to small boy

Frequently Asked Questions about Cheap Alverno College Apartments

How much is rent for a Cheap One Bedroom Alverno College Apartment?

The lowest price for a Cheap One Bedroom Alverno College Apartment is $995 at 3270 S 49th St.

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

Today's best deal for a Cheap Two Bedroom Apartment in Alverno College is starting from $1,050 at 51st Street 8 Families.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Finding The Best Affordable Milwaukee Neighborhoods to Rent article

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.