Cheap Apartments for Rent in Milwaukee, WI from $300 (1,153 Rentals)

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

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Brook Lane Apartments
Rent Specials
$720 - $1,229
Total Monthly Price

Total Monthly Price

Base Rent
$628 - $1,137
Required Monthly Fees
$92
Total Monthly Price
$720 - $1,229
Studio to 2 Bedroom Apartments Available Now

Brook Lane Apartments

4475 W Dean RdMilwaukee, WI 53223
Affordability
  • Verified
  • Customer Reviewed
  • Low Income

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9015 W Bender Ave, Unit #4
$750
Total Monthly Price

Total Monthly Price

Base Rent
$750
Total Monthly Price
$750
2 Bedroom Apartment Available Now

9015 W Bender Ave, Unit #4

9015 W Bender AveMilwaukee, WI 53225
Cost Per Sq.Ft.
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Milwaukee, WI Local Guide

Photo of Justin Habersaat - Editing Staff
Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Milwaukee, WI

Pricing Updated: 03/04/2026

Current apartment rentals in the Milwaukee, WI area range in price from $414 to $15,000 with an overall median price of $2,376. The three Milwaukee neighborhoods with the lowest median rent pricing are Concordia at $805, Roosevelt Grove at $650, and Enderis Park at $1,150. 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$1,087$8054
Roosevelt Grove$1,125$65051
Enderis Park$1,150$1,1501
Midtown Milwaukee$1,150$80515
West Side$1,150$65020
Avenues West$1,195$67513
Far North Side$1,230$48212
Old North Milwaukee$1,230$4825
Grasslyn Manor$1,260$65040
Sunset Heights$1,260$65047

Cheapest Available Milwaukee Apartments for Rent

 

The cheapest available apartment rental in Milwaukee, WI is a 1 Bed unit found at Schuster Historic Lofts in the Near South Side neighborhood priced from $486. GARDEN PLACE APARTMENTS in the River View neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $490. Here is today’s list of the most affordable Milwaukee apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Schuster Historic LoftsOne Bedroom1BR,1BA$486
GARDEN PLACE APARTMENTS1 BED 1 BATH1BR,1BA$490
The Park at 1824 Student ApartmentsRenovated 3 Bedroom Apartment3BR,2BA$615
CorlissTIMBERLINE1BR,1BA$623
1851 N Oakland Ave (18 Unit)0BR/1.0BAStudio,1BA$675
University Crossing IStudioStudio,1BA$685
Fairmount ApartmentsEfficiencyStudio,1BA$695
McGuire FlatsStudioStudio,1BA$695
Lakeside ApartmentsStudioStudio,1BA$695

Best Value Apartments for Rent in Milwaukee, WI

As of March 04, 2026 the best value apartment in the Milwaukee area is the $0.47 price per square foot 3758 N 41st St Model at 3758 N 41st St, Unit 1 in the in the Grasslyn Manor neighborhood starting from $1,000. The second greatest value Milwaukee apartment is the 3836 N Maryland Ave Model at 3836 N Maryland Ave, Unit Upper starting at $1,500 with a $0.83 price per square foot in the Cambridge Woods 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.
3758 N 41st St, Unit 13758 N 41st St1BR,1BA$0.47
3836 N Maryland Ave, Unit Upper3836 N Maryland Ave2BR,1BA$0.83
1713 Maple St, Unit #21713 Maple St2BR,1BA$0.88
McKinley School Apartments, LLC2Bd/1Bth2BR,1BA$0.63
University Row3 Bed 1 Bath3BR,1BA$0.83
Heritage at City Center - 55+ Senior Living2 Bedroom 1 Bath 50%2BR,1BA$0.78
4244 N 18th St, Unit Upper4244 N 18th St2BR,1BA$0.85
Century Building2x22BR,2BA$0.87
Columbia Square1 Bed, 1 bath1BR,1BA$0.77
GARDEN PLACE APARTMENTS2 BED 1 BATH2BR,1BA$0.86

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

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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Quick 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.

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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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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 $695.

What is the price of a cheap apartment in Milwaukee?

The cheapest apartment in Milwaukee is Schuster Historic Lofts which is listed at $486, while the average apartment in Milwaukee costs $2,376.

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 3,177 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 $340 which is $2,036 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.

Articles, How-To's, and Tips

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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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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.