Cheap Apartments for Rent in the Downtown Milwaukee Neighborhood of Milwaukee, WI from $400 (338 Rentals) Page 2 of 7

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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

Read Article
property at 1531 N Jackson St

$1,050 - $1,695

1 To 2 Bedroom Rentals

Available Jun 1, 2026

1531 N Jackson St

MilwaukeeWI53202
property at 1675 N Marshall St

$1,250 - $1,845

1 To 3 Bedroom Rentals

Available Jul 1, 2026

1675 N Marshall St

MilwaukeeWI53202
property at 653 W Bruce St

$1,250 - $1,450

2 To 3 Bedroom Rentals

Available Jan 1, 2026

653 W Bruce St

MilwaukeeWI53204
Showing Results 51-100, Page 2 of 7

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 $750.

What is the price of a cheap apartment in Downtown Milwaukee?

The cheapest apartment in Downtown Milwaukee is Edgewater East which is listed at $680, while the average apartment in Downtown Milwaukee costs $4,900.

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 27 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 $193 which is $4,707 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.

Articles, How-To's, and Tips

decorative image for Finding The Best Affordable Milwaukee Neighborhoods to Rent article

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.

decorative image for How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips article

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.