Cheap Apartments for Rent in the Alverno College Neighborhood of Milwaukee, WI from $500 (16 Rentals)

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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Cherokee Village
1 Bedroom Apartments

Cherokee Village

4058 S 43rd StMilwaukee, WI 53220
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3235 S 48th St
1 Bedroom Apartments

3235 S 48th St

3235 S 48th StMilwaukee, WI 53219
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Hunters Square
1 to 2 Bedroom Apartments

Hunters Square

3180 W Dakota StMilwaukee, WI 53215
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4138 S 51st St
1 to 2 Bedroom Apartments

4138 S 51st St

4138 S 51st StMilwaukee, WI 53220
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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3073 W Ruskin Ct
2 Bedroom Apartments

3073 W Ruskin Ct

3073 W Ruskin CtMilwaukee, WI 53215
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Oklahoma Gardens
1 to 2 Bedroom Apartments

Oklahoma Gardens

3701 W Oklahoma AveMilwaukee, WI 53215
  • Utilities Included

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 Southgate priced from $859. 48 on Cold Spring has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. Here are the most affordable Alverno College apartments for rent in Milwaukee, WI:

Apartment ListingModel NameBed/BathPriced From
SouthgateAlcove1BR,1BA$859
48 on Cold SpringOne Bedroom1BR,1BA$950
Oklahoma ManorDakota1BR,1BA$961
Oklahoma GardensJuniper1BR,1BA$965
51st Street 8 Families2BR/1.0BA2BR,1BA$1,050

Best Value Apartments for Rent in Alverno College, WI

As of June 18, 2025 the best value apartment in the Alverno College area is the $1.60 price per square foot Fleetwood Model at Ravinia in the in the White Manor neighborhood starting from $1,656. The second greatest value Alverno College apartment is the Homestyle Model at American Colony starting at $1,533 with a $1.53 price per square foot in the Far South Side 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$1.60
American ColonyHomestyle2BR,1.5BA$1.53
Layton 1900Bravo2BR,1BA$1.47
51st Street 8 Families2BR/1.0BA2BR,1BA$1.31
48 on Cold SpringOne Bedroom1BR,1BA$1.27
SouthgateTerrace2BR,1BA$1.50
Oklahoma ManorDakota1BR,1BA$1.54
4934 W Forest Home Ave, Unit 74934 W Forest Home Ave1BR,1BA$1.38
Layton GroveWillow_III1BR,1BA$1.94
Oklahoma GardensJuniper1BR,1BA$1.75

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Pet Friendly Lifestyle
Alverno College, Milwaukee, WI

Ranked #184

Among neighborhoods in Milwaukee, WI for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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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 $867 at Southgate.

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.

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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.