1206 W Lincoln Ave
MilwaukeeWI53215
Cheap Apartments for Rent in the Alverno Neighborhood of Milwaukee, WI from $500 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in the Alverno area of Milwaukee.
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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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$795 - $1,0951 to 2 Bedroom Apartments Contact Us For Availability
Cold Spring Apartments
7135 W Cold Spring RdGreenfield, WI 53220
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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Showing Results 1-15, Page 1 of 1
Alverno, Milwaukee, WI Local Guide
How much does it cost to rent an apartment in Alverno?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Alverno 1 Bedroom Apartments | $1,121 | $795 | $1,825 |
| Alverno 2 Bedroom Apartments | $1,353 | $825 | $2,400 |
| Alverno 3 Bedroom Apartments | $1,759 | $1,410 | $2,800 |
Browse Apartments in this Neighborhood
There are currently 15 rentals with your search options within a 2 mile radius of the Alverno Neighborhood of Milwaukee, WI.
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Alverno, Milwaukee, WI Local Guide
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Cheapest Available Alverno Apartments for Rent
The cheapest available apartment rental in the Alverno area of Milwaukee, WI is a 1 Bed unit found at 3130 S 48th St. - 8 Family priced from $875. Southgate has the second lowest priced unit, which is a 1 Bed apartment currently listed from $911. Here are the most affordable Alverno 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 |
| Southgate | Alcove | 1BR,1BA | $911 |
| Forest Arms Apartments | One Bedroom | 1BR,1BA | $925 |
| Oklahoma Gardens | Juniper | 1BR,1BA | $949 |
| Colonial Manor Apartments | 1 Bed 1 Bath | 1BR,1BA | $949 |
Best Value Apartments for Rent in Alverno, WI
As of December 20, 2025 the best value apartment in the Alverno area is the $1.25 price per square foot 2710 S 68th St Model at 2710 S 68th St, Unit 2712 upper in the in the Southwest Side neighborhood starting from $1,500. The second greatest value Alverno apartment is the L Model at Heritage Village Apartments starting at $1,255 with a $1.14 price per square foot in the Gra-Ram neighborhood. Here is today’s list of the best values for Alverno apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2710 S 68th St, Unit 2712 upper | 2710 S 68th St | 3BR,1.5BA | $1.25 |
| Heritage Village Apartments | L | 2BR,2BA | $1.14 |
| Heritage Lake Senior Apartments 55+ | Two Bedroom Deluxe | 2BR,2BA | $1.12 |
| 4912 W Oklahoma Ave | 4912 W. Oklahoma Ave. #1 | 2BR,1BA | $1.23 |
| 7319 W Tripoli Ave, Unit 2 | 7319 W Tripoli Ave | 2BR,1BA | $1.20 |
| 3061 S 72nd St, Unit # 3 | 3061 S 72nd St | 2BR,1BA | $1.35 |
| Willowick Apartments | 2 Bed 1 Bath Upper | 2BR,1BA | $1.36 |
| 3270 S 49th St | One Bed One Bath | 1BR,1BA | $1.23 |
| 6911 W TRIPOLI AVE, Unit 4 | 6911 W TRIPOLI AVE | 2BR,1BA | $1.38 |
| Forest Arms Apartments | One Bedroom | 1BR,1BA | $1.38 |
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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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Pet Friendly LifestyleAlverno, Milwaukee, WI
Ranked #156
Among cities in Wisconsin for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals in metropolitan areas across the United States and customized analysis for Southern Milwaukee. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for proximity to parks, luxury housing options, transit availability, pet-friendly communities, features that make it easier to raise kids, and much more. These search options are in the site filters at the top of this page.
Getting Around the Alverno Neighborhood in Milwaukee, WI
Walk Score®
48 / 100
Car-Dependent
Most errands require a car
Bike Score®
45 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
45 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Alverno Apartments
How much is rent for a Cheap One Bedroom Alverno Apartment?
The lowest price for a Cheap One Bedroom Alverno Apartment is $875 at 3130 S 48th St. - 8 Family.
What is the lowest price for a Cheap Two Bedroom Alverno Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Alverno is starting from $1,081 at Southgate.
What is the most affordable Alverno Three Bedroom Apartment?
The best deal on a cheap Alverno Three Bedroom Apartment rental is at Lofts at Layton and starts from $1,725.
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
Written by: Christine Leonard, Esq.
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!