
Cheap 2 Bedroom Apartments for Rent in the Downtown Milwaukee Neighborhood of Milwaukee, WI from $627 (150 Rentals)


MLK Library Apartments

Lancaster Apartments

Total Monthly Price
2911 N 9th St, Unit 2911-A

RW Apartments I and II

2971a N 6th St

1000 E Locust St

2932 N Holton St

Total Monthly Price
2407 N 6th St, Unit Rear Lower Unit

2966 N 9th St
An Insider's Guide to Apartment Living Near Milwaukee's Four Employer Clusters
Discover Milwaukee apartment living from Downtown lofts to affordable suburban homes. We detail neighborhoods near the four major employment hubs: urban, leafy, and everything in between.

Century Building

1319 E Albion St

1818 N Pulaski St

338 W Reservoir Ave

2849 N Pierce St

700 Lofts

Prospect Kane Apartments

Michigan Street Commons

1686-1688 N Van Buren St

East Park Apartments
Exploring Rental Options: Apartments, Townhomes, and Lofts—Oh My!
Looking for the perfect rental? From apartments and condos to lofts and single family rentals, explore the unique pros and cons of each rental type to help you land in your perfect new place.

Carillon Apartments

City Place Apartments

815 E Locust St

436 W Burleigh St, Unit A

Total Monthly Price
2952 N Booth St, Unit 2952 N Booth St

653 W Bruce St

Royal Plaza Apartments

Belleview Terrace Apartments

Oakland Manor Apartments

605 E Wright St
A Local Expert's Guide to Milwaukee: Neighborhoods, Traditions, and the Cozy Spirit of Gemütlichkeit
Uncover Milwaukee's affordable, vibrant neighborhoods and down-to-earth charm. Get a local expert's take on the city's renaissance, favorite traditions, and famous Gemütlichkeit (cozy spirit).

Humboldt Apartments

City Hall Square Apartments

2030 N. Oakland Ave.

The Ambassador Apartments

London House

2727 N Humboldt Blvd

Total Monthly Price
329 E Garfield Ave, Unit 1

The Shorecrest

2626 N Fratney St

Maryland Park Apartments
Check Out Milwaukee’s Best Affordable Neighborhoods
Learn about Milwaukee and the best places to live with original content written by our Local Expert Tim Brown

The Residences at ThriveOn King

1704 E Locust St, Unit 3

1704 E Locust St, Unit 6

1720A N Astor St

1118 E Kane Pl

1645 N Astor St

329 E Garfield Ave

2443 N Bartlett Ave

2500 N Bartlett Ave

2816 N Fratney St, Unit 4
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Looking for the perfect new rental? Learn great ways to spot the perfect apartment for you, identify common red flags, and avoid rental issues and scams with these expert provided actionable tips.
Downtown Milwaukee, Milwaukee, WI Local Guide

How much does it cost to rent an apartment in Downtown Milwaukee?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Milwaukee Studio Apartments | $1,364 | $675 | $3,383 |
| Downtown Milwaukee 1 Bedroom Apartments | $1,811 | $544 | $10,000+ |
Downtown Milwaukee 2 Bedroom Apartments | $2,575 | $627 | $7,991 |
| Downtown Milwaukee 3 Bedroom Apartments | $3,196 | $799 | $10,000+ |
| Downtown Milwaukee 4 Bedroom Apartments | $4,262 | $1,400 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 150 rentals with your search options within a 1 mile radius of the Downtown Milwaukee Neighborhood of Milwaukee, WI.
See all Apartments in MilwaukeeExplore Milwaukee
Downtown Milwaukee, Milwaukee, WI Local Guide
- Nearby Milwaukee neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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.
Pet Friendly LifestyleDowntown Milwaukee, Milwaukee, WI
Ranked #7
Among cities in Wisconsin for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Downtown Milwaukee, Milwaukee, WI
Elm Creative Arts Elementary School
School data provided by Great Schools
Frequently Asked Questions about Cheap Downtown Milwaukee Apartments
What is a cheap apartment in Downtown Milwaukee?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Milwaukee is under $795.
What is the price of a cheap apartment in Downtown Milwaukee?
The cheapest apartment in Downtown Milwaukee is Lancaster Apartments which is listed at $850, while the average apartment in Downtown Milwaukee costs $1,815.
What types of apartments are the cheapest in Downtown 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 19 regular apartments in Downtown 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 Downtown Milwaukee?
Cheap apartments in Downtown Milwaukee have an average cost of $214 which is $1,601 cheaper than the average rent for all rentals in Downtown 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

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.

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.

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.

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.
Articles, How-To's, and Tips

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.