
Cheap 3 Bedroom Apartments for Rent in the Downtown Milwaukee Neighborhood of Milwaukee, WI from $699 (39 Rentals)


633 W Chambers St

1821 N Pulaski St

524 E Wright St

700 Lofts

2945 N Oakland Ave

MLK Library Apartments

RW Apartments I and II

3035 N 10th St
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.

The Griot Apartments

2924 N Maryland Ave

2627 N Bartlett Ave

Bronzeville Apartments

922 E Hamilton St, Unit Lower

815 E Locust St

Total Monthly Price
2945 N Frederick Ave, Unit Upper flat

Total Monthly Price
3118 N Downer Ave, Unit 4

3202 N Bartlett Ave, Unit 3202
Renting with Roommates: Realistic Expectations for Shared Lease
Sharing a lease? Learn how to set clear expectations with your roommates on routines, bills, and cleaning to ensure a successful and peaceful shared living arrangement.

Total Monthly Price
3130 N Oakland Ave, Unit 3130

2935 N Downer Ave

Summerfield

Total Monthly Price
2926 N Cramer St, Unit Upper

Haymarket Lofts Apartments

Versailes Apartments

Lake Drive Manor

2735 N Murray Ave

Stowell Place 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.

1700 E Belleview Pl

2724 N Palmer St

Ingram Place

2505-2513 E Park Pl

2526-2530 N Prospect Ave

Stanley Apartments

1862 N Cambridge Ave

1902 E Linnwood Ave

2313 E Webster Pl
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.

2624 N Stowell Ave

The Richmond

2821 E Belleview Pl
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 | $1,383 | $695 | $6,856 |
| Downtown Milwaukee 1 Bedroom Apartments | $1,778 | $522 | $6,489 |
| Downtown Milwaukee 2 Bedroom Apartments | $2,554 | $627 | $10,000+ |
Downtown Milwaukee 3 Bedroom Apartments | $2,920 | $699 | $10,000+ |
| Downtown Milwaukee 4 Bedroom Apartments | $2,249 | $1,442 | $4,300 |
Explore Milwaukee
Downtown Milwaukee, Milwaukee, WI Local Guide
- Nearby Milwaukee neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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.
Pet Friendly LifestyleDowntown Milwaukee, Milwaukee, WI
Ranked #5
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
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 $775.
What is the price of a cheap apartment in Downtown Milwaukee?
The cheapest apartment in Downtown Milwaukee is The Park at 1824 Student Apartments which is listed at $750, while the average apartment in Downtown Milwaukee costs $2,725.
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 20 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 $227 which is $2,498 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

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 Experts 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 Insiders 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

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.