Cheap Apartments for Rent in Milwaukee, WI from $300 (1,227 Rentals)

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Search the lowest-cost Apartments available for rent right now in Milwaukee.

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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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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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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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.

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Showing Results 1-50, Page 1 of 25

Milwaukee, WI Local Guide

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Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Milwaukee, WI

Pricing Updated: 09/30/2025

Current apartment rentals in the Milwaukee, WI area range in price from $414 to $15,000 with an overall median price of $2,921. The three Milwaukee neighborhoods with the lowest median rent pricing are Concordia at $465, Old North Milwaukee at $750, and Far North Side at $750. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Milwaukee Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Concordia$895$4653
Old North Milwaukee$1,185$75010
Far North Side$1,192$75017
Roosevelt Grove$1,195$65083
Silver Spring$1,200$8955
Wahl Park$1,224$66749
Uptown Milwaukee$1,250$83018
Hilltop Parish$1,265$62243
Hampton Heights$1,267$75036
North Granville$1,270$62222

Cheapest Available Milwaukee Apartments for Rent

 

The cheapest available apartment rental in Milwaukee, WI is a 1 Bed unit found at Brewery Point in the Haymarket neighborhood priced from $482. Schuster Historic Lofts in the Near South Side neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $486. Here is today’s list of the most affordable Milwaukee apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Brewery Point1x11BR,1BA$482
Schuster Historic LoftsOne Bedroom1BR,1BA$486
Deerwood Crossing (JFS) and (II)1 Bedroom-1X1A1BR,1BA$495
Edgewater EastOne Bedroom1BR,1BA$680
University Crossing IStudioStudio,1BA$685
Buckingham ApartmentsSmall StudioStudio,1BA$695
Fairmount ApartmentsEfficiencyStudio,1BA$695
2214-2220 W Hopkins St. (8 Unit)1BR/1.0BA1BR,1BA$695
McGuire FlatsStudioStudio,1BA$695
Parkside Commons Senior ApartmentsOne Bedroom1BR,1BA$698

Best Value Apartments for Rent in Milwaukee, WI

As of September 30, 2025 the best value apartment in the Milwaukee area is the $0.83 price per square foot #4 Model at 2188 S Robinson Ave in the in the Clarke Square neighborhood starting from $1,500. The second greatest value Milwaukee apartment is the 3B2B-BIN4 1646SF Model at Bradley Crossing I and II starting at $1,473 with a $0.89 price per square foot in the Brown Deer Park neighborhood. Here is today’s list of the best values for Milwaukee apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
2188 S Robinson Ave#43BR,2BA$0.83
Bradley Crossing I and II3B2B-BIN4 1646SF3BR,2BA$0.89
2457 N 1st St, Unit front back2457 N 1st St1BR,1BA$0.60
3407 W Pierce St, Unit Upper- pierce3407 W Pierce St4BR,1BA$0.79
University Row3 Bed 1 Bath3BR,1BA$0.83
2470 S 9th St, Unit Lower2470 S 9th St3BR,1BA$0.93
2608 N 40th St, Unit 2608 N 40th2608 N 40th St2BR,1BA$0.85
Grand Avenue Lofts2x1A2BR,1BA$0.87
4130 N 91st St, Unit 3B4130 N 91st St2BR,1BA$0.83
Brewery Point1x11BR,1BA$0.75

Quick Rent Budget Calculator

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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.

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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

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See the most popular apartments and homes in Milwaukee, WI

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Getting Around Milwaukee, WI

Walk Score®

70 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

62 / 100

Bikeable

Some bike infrastructure

Transit Score®

48 / 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 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 $698.

What is the price of a cheap apartment in Milwaukee?

The cheapest apartment in Milwaukee is Brewery Point which is listed at $482, while the average apartment in Milwaukee costs $2,921.

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 3,358 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 $402 which is $2,519 cheaper than the average rent for all rentals in Milwaukee.

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.

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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.

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Kansas Citys Major Employers & the Best Places to Rent Near Them | A Local Expert Guide

Written by: Amber Kanuckel

Hey, there! I’m Amber, your ApartmentHomeLiving.com local expert for Kansas City, and I’m back with my recommendations for top employers in the area.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.