Cheap Apartments for Rent in Milwaukee, WI from $300 (1,183 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

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2582 N Cramer St
$800 - $1,300
Total Monthly Price

Total Monthly Price

Base Rent
$800 - $1,300

Total Monthly Price
$800 - $1,300
Studio to 1 Bedroom Apartment Available Now

2582 N Cramer St

2582 N Cramer StMilwaukee, WI 53211
Affordability

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Milwaukee, WI Local Guide

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Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Milwaukee, WI

Pricing Updated: 07/18/2026

Current 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:

NeighborhoodMedian PriceMin PriceAvailable Units
Menomonee River Valley$1,287$6253
Cedar Sauk Meadows$1,400$1,4001
Calumet Farms$1,450$1,2252
Granville Station$1,450$1,2252
North Granville$1,450$1,2252
North Meadow$1,450$1,2252
Park Place$1,450$1,2252
Pheasant Run$1,450$1,2252
Riverton Heights$1,450$1,2252
Silver Spring$1,495$1,1502

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 ListingModel NameBed/BathPriced From
CWC — Community Within the CorridorTownsend1BR,1BA$481
East National FlatsNational - 30% AMI1BR,1BA$542
Chapel Garden ApartmentsLifestyle: Senior - 1 BR1BR,1BA$559
MLK Library Apartments1x11BR,1BA$560
Fairmount ApartmentsEfficiencyStudio,1BA$675
University Crossing IStudioStudio,1BA$685
Tioga ApartmentsStudio1BR,1BA$695
2214-2220 W Hopkins St. (8 Unit)1BR/1.0BA1BR,1BA$695
Lakeside ApartmentsStudioStudio,1BA$695
McGuire FlatsStudioStudio,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 ListingModel NameBed/BathPrice Per Sq.Ft.
912 W Hadley St, Unit 1912 W Hadley St3BR,1BA$0.56
3758 N 41st St, Unit 13758 N 41st St2BR,1BA$0.47
422 W Harrison Ave, Unit 422422 W Harrison Ave2BR,1BA$0.90
2457 N 1st St, Unit front upper unit 24572457 N 1st St2BR,1BA$0.60
2955 N 66th St, Unit 2012955 N 66th St2BR,1BA$0.73
6011 W Lapham St, Unit upper6011 W Lapham St3BR,1BA$0.87
McKinley School Apartments, LLC2Bd/1Bth2BR,1BA$0.63
University Row3 Bed 1 Bath3BR,1BA$0.87
Columbia Square2 bedroom2BR,2BA$0.84
MLK Library Apartments1x11BR,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.

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Real 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.

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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!

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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

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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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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.

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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.

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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

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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.

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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.

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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.

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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.