Cheap Apartments for Rent in the Alverno College Neighborhood of Milwaukee, WI from $500 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in the Alverno College area of Milwaukee.

3140 S 48th St
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48 on Cold Spring
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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 | $1,119 | $875 | $2,530 |
Alverno College 2 Bedroom Apartments | $1,570 | $1,100 | $2,723 |
Alverno College 3 Bedroom Apartments | $1,848 | $1,400 | $2,595 |
Browse Apartments in this Neighborhood
There are currently 13 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 Southgate priced from $971. 3270 S 49th St 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Southgate | Alcove | 1BR,1BA | $971 |
3270 S 49th St | One Bed One Bath | 1BR,1BA | $995 |
Southport Apartments | 1 Bedroom | 1BR,1BA | $1,040 |
51st Street 8 Families | 2BR/1.0BA | 2BR,1BA | $1,050 |
Oklahoma Manor | Madison | 1BR,1BA | $1,073 |
Best Value Apartments for Rent in Alverno College, WI
As of August 04, 2025 the best value apartment in the Alverno College area is the $1.79 price per square foot Fleetwood Model at Ravinia in the in the Far South Side neighborhood starting from $1,850. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Ravinia | Fleetwood | 2BR,2BA | $1.79 |
48 on Cold Spring | Two Bedroom/ One Bath | 2BR,1BA | $1.29 |
3270 S 49th St | One Bed One Bath | 1BR,1BA | $1.23 |
51st Street 8 Families | 2BR/1.0BA | 2BR,1BA | $1.31 |
Southgate | Terrace | 2BR,1BA | $1.76 |
Loomis Hills | Colonial | 1BR,1BA | $1.72 |
Oklahoma Manor | Madison | 1BR,1BA | $1.76 |
Southport Apartments | 1 Bedroom | 1BR,1BA | $1.73 |
Oklahoma Gardens | Juniper | 1BR,1BA | $1.95 |
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Pet Friendly LifestyleAlverno College, Milwaukee, WI
Ranked #146
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 $971 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.

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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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.