
Cheap Apartments for Rent in the Alverno College Neighborhood of Milwaukee, WI from $500 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in the Alverno College area of Milwaukee.

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48 on Cold Spring

3811 S 35th St

White Oaks Apartment Homes - Senior - 55+
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Alverno College, Milwaukee, WI Local Guide

How much does it cost to rent an apartment in Alverno College?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Alverno College 1 Bedroom Apartments | $1,099 | $950 | $1,861 |
| Alverno College 2 Bedroom Apartments | $1,328 | $1,082 | $2,048 |
Browse Apartments in this Neighborhood
There are currently 14 rentals with your search options within a 1 mile radius of the Alverno College Neighborhood of Milwaukee, WI.
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Alverno College, Milwaukee, WI Local Guide
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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 3130 S 48th St. - 8 Family priced from $875. Oklahoma Gardens has the second lowest priced unit, which is a 1 Bed apartment currently listed from $956. Here are the most affordable Alverno College apartments for rent in Milwaukee, WI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 3130 S 48th St. - 8 Family | 1BR/1.0BA | 1BR,1BA | $875 |
| Oklahoma Gardens | Juniper | 1BR,1BA | $956 |
| Southgate | Greenhouse | 1BR,1BA | $965 |
| 3270 S 49th St | One Bed One Bath | 1BR,1BA | $995 |
| Southport Apartments | 1 Bedroom | 1BR,1BA | $1,040 |
Best Value Apartments for Rent in Alverno College, WI
As of December 09, 2025 the best value apartment in the Alverno College area is the $1.23 price per square foot 4912 W. Oklahoma Ave. #1 Model at 4912 W Oklahoma Ave in the in the Southwest Side neighborhood starting from $1,200. The second greatest value Alverno College apartment is the Concord Model at Ravinia starting at $1,600 with a $1.70 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 4912 W Oklahoma Ave | 4912 W. Oklahoma Ave. #1 | 2BR,1BA | $1.23 |
| Ravinia | Concord | 1BR,1BA | $1.70 |
| Southgate | Alcove | 1BR,1BA | $1.09 |
| 3270 S 49th St | One Bed One Bath | 1BR,1BA | $1.23 |
| Alverno Pool Apartments | 1B1B | 1BR,1BA | $1.59 |
| Southport Apartments | 1 Bedroom | 1BR,1BA | $1.73 |
| Oklahoma Gardens | Juniper | 1BR,1BA | $1.73 |
| 3130 S 48th St. - 8 Family | 1BR/1.0BA | 1BR,1BA | $1.75 |
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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Read ArticleQuick 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.
Pet Friendly LifestyleAlverno College, Milwaukee, WI
Ranked #191
Among cities in Wisconsin for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
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 $875 at 3130 S 48th St. - 8 Family.
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 $1,200 at Oklahoma Gardens.
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.
Articles, How-To's, and Tips

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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
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Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!









