
Cheap Apartments for Rent in Milwaukee, WI from $300 (1,183 Rentals)
Search the lowest-cost Apartments available for rent right now in Milwaukee.


GARDEN PLACE APARTMENTS

Shoe Factory Lofts

East National Flats

RW Apartments I and II

Chapel Garden Apartments

MLK Library Apartments

Bronzeville Apartments

Edison School Apartments

Fairmount Apartments
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

The Ardmore Apartments

Rooted & Rising Apartments & Townhomes

Tioga Apartments

Lakeside Apartments

Golden Eagle Flats

Parkside Commons Senior Apartments

The Astor Hotel Apartments

2602 N Humboldt Blvd

Marquee Communities

Humboldt Apartments
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.

Royal Plaza Apartments

Colonial Apartments

Buckingham Apartments

St. Clair

3238 W Juneau Ave

Aspen Crossing

Meetinghouse

Brook Lane

Total Monthly Price
GARDEN TERRACE SENIOR APARTMENTS

Johnson Legacy East Apartments
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.

4355 N 90th St, Unit Basement

Legacy Lofts at the Blommer Ice Cream Factory

2555 N Weil St

Marshall Hall Apartments

Van Buren Apartments

1315 Cass

East Park Apartments

5951 N 37th St

Total Monthly Price
2582 N Cramer St

The Shorecrest
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.

2621 W Pierce St

2919 W Wisconsin Ave

2621 W Pierce St

1740 W Pierce St

2621 W Pierce St

2919 W Wisconsin Ave

1740 W Pierce St

2919 W Wisconsin Ave

William A. Passavant Senior

Johnson Legacy West
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 |
|---|---|---|---|
| Cheap Milwaukee Studio Apartments | $1,365 | $675 | $4,673 |
| Cheap Milwaukee 1 Bedroom Apartments | $1,619 | $486 | $4,787 |
| Cheap Milwaukee 2 Bedroom Apartments | $2,095 | $604 | $8,437 |
| Cheap Milwaukee 3 Bedroom Apartments | $2,604 | $699 | $10,000+ |
| Cheap Milwaukee 4 Bedroom Apartments | $3,976 | $1,350 | $10,000+ |
| Milwaukee 5 Bedroom Apartments | $3,550 | $2,300 | $4,800 |
Browse Top Apartments in Milwaukee
See all Apartments in MilwaukeeExplore Milwaukee

Milwaukee, WI Local Guide

- Milwaukee Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Milwaukee, WI
Pricing Updated: 07/18/2026Current apartment rentals in the Milwaukee, WI area range in price from $625 to $5,500 with an overall median price of $2,431. The three Milwaukee neighborhoods with the lowest median rent pricing are Menomonee River Valley at $625, Cedar Sauk Meadows at $1,400, and Calumet Farms at $1,225. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Milwaukee Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Menomonee River Valley | $1,287 | $625 | 3 |
| Cedar Sauk Meadows | $1,400 | $1,400 | 1 |
| Calumet Farms | $1,450 | $1,225 | 2 |
| Granville Station | $1,450 | $1,225 | 2 |
| North Granville | $1,450 | $1,225 | 2 |
| North Meadow | $1,450 | $1,225 | 2 |
| Park Place | $1,450 | $1,225 | 2 |
| Pheasant Run | $1,450 | $1,225 | 2 |
| Riverton Heights | $1,450 | $1,225 | 2 |
| Silver Spring | $1,495 | $1,150 | 2 |
Cheapest Available Milwaukee Apartments for Rent
 The cheapest available apartment rental in Milwaukee, WI is a 1 Bed unit found at CWC — Community Within the Corridor in the Haymarket neighborhood priced from $481. East National Flats in the Haymarket neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $542. Here is today’s list of the most affordable Milwaukee apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| CWC — Community Within the Corridor | Townsend | 1BR,1BA | $481 |
| East National Flats | National - 30% AMI | 1BR,1BA | $542 |
| Chapel Garden Apartments | Lifestyle: Senior - 1 BR | 1BR,1BA | $559 |
| MLK Library Apartments | 1x1 | 1BR,1BA | $560 |
| Fairmount Apartments | Efficiency | Studio,1BA | $675 |
| University Crossing I | Studio | Studio,1BA | $685 |
| Tioga Apartments | Studio | 1BR,1BA | $695 |
| 2214-2220 W Hopkins St. (8 Unit) | 1BR/1.0BA | 1BR,1BA | $695 |
| Lakeside Apartments | Studio | Studio,1BA | $695 |
| McGuire Flats | Studio | Studio,1BA | $695 |
Best Value Apartments for Rent in Milwaukee, WI
As of July 18, 2026 the best value apartment in the Milwaukee area is the $0.56 price per square foot 912 W Hadley St Model at 912 W Hadley St, Unit 1 in the in the Haymarket neighborhood starting from $1,250. The second greatest value Milwaukee apartment is the 3758 N 41st St Model at 3758 N 41st St, Unit 1 starting at $1,000 with a $0.47 price per square foot in the Grasslyn Manor neighborhood. Here is today’s list of the best values for Milwaukee apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 912 W Hadley St, Unit 1 | 912 W Hadley St | 3BR,1BA | $0.56 |
| 3758 N 41st St, Unit 1 | 3758 N 41st St | 2BR,1BA | $0.47 |
| 422 W Harrison Ave, Unit 422 | 422 W Harrison Ave | 2BR,1BA | $0.90 |
| 2457 N 1st St, Unit front upper unit 2457 | 2457 N 1st St | 2BR,1BA | $0.60 |
| 2955 N 66th St, Unit 201 | 2955 N 66th St | 2BR,1BA | $0.73 |
| 6011 W Lapham St, Unit upper | 6011 W Lapham St | 3BR,1BA | $0.87 |
| McKinley School Apartments, LLC | 2Bd/1Bth | 2BR,1BA | $0.63 |
| University Row | 3 Bed 1 Bath | 3BR,1BA | $0.87 |
| Columbia Square | 2 bedroom | 2BR,2BA | $0.84 |
| MLK Library Apartments | 1x1 | 1BR,1BA | $0.71 |
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.
Milwaukee Overview
One of the top five largest cities in the entire Midwestern U.S. region and far and away the biggest in the state of Wisconsin, living in Milwaukee apartments represents some of the best in the nation. From its long-standing reputation as a 'brewery city' to recent urban renewal and growth, this charming Midwest heartland destination is on the rise.
Why live in Milwaukee, WI?
From its huge public parks system (known as the 'Grand Necklace of Parks') to those oh-so-famous breweries, Milwaukee has something to offer for almost every walk of life. Farmer's markets and other weekly events cultivate a large degree of neighborhood camaraderie, while growing industries such as health care and regional universities help draw young people to Milwaukee on a steady basis. And with so many areas in which to find great deals for apartments in Milwaukee, you can't lose here!
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 the Cheapest Studio apartment in Milwaukee?
Currently the most affordable Cheap Studio Apartment in Milwaukee is at Fairmount Apartments listed at $675.
How much is rent for a Cheap One Bedroom Milwaukee Apartment?
The lowest price for a Cheap One Bedroom Milwaukee Apartment is $481 at CWC — Community Within the Corridor.
What is the lowest price for a Cheap Two Bedroom Milwaukee Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Milwaukee is starting from $645 at East National Flats.
What is the most affordable Milwaukee Three Bedroom Apartment?
The best deal on a cheap Milwaukee Three Bedroom Apartment rental is at The Park at 1824 Student Apartments and starts from $699.
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 Expert's 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.

An Insider's Guide to Apartment Living Near Milwaukee's Four Employer Clusters
Written by: Tim Brown
Having grown up in Milwaukee and lived in Waukesha for several years, I have come to realize that the Milwaukee metro area offers diverse employment and housing opportunities.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.