
Cheap 3 Bedroom Apartments for Rent in Milwaukee, WI from $623 (132 Rentals)


Rooted & Rising Apartments & Townhomes

2729 N 27th St

City Place Apartments

3012 N 13th St

3324 N 27th St

4142 W Lisbon Ave

Aspen Crossing

2621 N 15th St

4540 N 30th St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Columbia Square

633 W Chambers St

8665 W Fond du Lac Ave

2145 N 29th St

1143 S 25th St

Gorman Homes

Legacy Lofts at the Blommer Ice Cream Factory

2437 N 29th St

769-771-771 W Windlake Ave

3721 N 35th St
Renting with Roommates: Realistic Expectations for Shared Lease
Sharing a lease? Learn how to set clear expectations with your roommates on routines, bills, and cleaning to ensure a successful and peaceful shared living arrangement.

Historic Lofts on Kilbourn

Johnson Legacy East Apartments

3420 N Vel R. Phillips Ave

3422 N Vel R. Phillips Ave

8836 N 95th St

Total Monthly Price
1128 E Wright St, Unit Upper, Unit Upper

3027-3029-3029 N Holton St

Total Monthly Price
1926 S 20th St, Unit Upper, Unit Upper

2445 N 50th St

4502 N 84th St
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.

1821 N Pulaski St

University Row

Shoe Factory Lofts

Glenbrook Apartments

Edison School Apartments

McKinley School Apartments, LLC

754 N 22nd St

5001 N 46th St

523 E Locust St

Knitting Factory Loft Apartments
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.

2877 N 26th St

2769 N 27th St

MLK Library Apartments

700 Lofts

RW Apartments I and II

2945 N Oakland Ave

7215 W Florist Ave, Unit Duplex

2564 N Humboldt Blvd

1427 N 47th St

Total Monthly Price
1773 N Astor St, Unit lower flat, Unit lower flat
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.
Milwaukee, WI Local Guide

How much does it cost to rent an apartment in Milwaukee?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Milwaukee Studio Apartments | $1,340 | $675 | $6,967 |
| Milwaukee 1 Bedroom Apartments | $1,618 | $486 | $10,000+ |
| Milwaukee 2 Bedroom Apartments | $2,062 | $604 | $10,000+ |
| Milwaukee 3 Bedroom Apartments | $2,536 | $623 | $10,000+ |
| Milwaukee 4 Bedroom Apartments | $3,266 | $1,350 | $10,000+ |
| Milwaukee 5 Bedroom Apartments | $7,333 | $2,500 | $10,000+ |
Explore Milwaukee

Milwaukee, WI Local Guide
- Milwaukee Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Milwaukee, WI Rentals by Map
See the most popular apartments and homes in Milwaukee, WI
Frequently Asked Questions about Cheap Milwaukee Apartments
What is a cheap apartment in Milwaukee?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Milwaukee is under $700.
What is the price of a cheap apartment in Milwaukee?
The cheapest apartment in Milwaukee is Aspen Crossing which is listed at $950, while the average apartment in Milwaukee costs $2,739.
What types of apartments are the cheapest in Milwaukee?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 4,660 regular apartments in Milwaukee that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Milwaukee?
Cheap apartments in Milwaukee have an average cost of $348 which is $2,391 cheaper than the average rent for all rentals in Milwaukee.
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.
Helpful Local Expert Guides

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 Top Neighborhoods for Off-Campus Housing for Milwaukee-Area College Students
Written by: Tim Brown
I'm Tim, your ApartmentHomeLiving.com Local Expert for Milwaukee, Wisconsin. Growing up in the city and then blocks outside the border, many of the Milwaukee neighborhoods profiled here have been home to friends and family.

A Local Experts Guide to Milwaukee: Neighborhoods, Traditions, and the Cozy Spirit of Gemütlichkeit
Written by: Tim Brown
I'm Tim, your ApartmentHomeLiving.com Local Expert for Milwaukee, Wisconsin. Growing up in the city and then blocks outside the border, Milwaukee's neighborhoods have been home to friends and family for years.
Articles, How-To's, and Tips

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.