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$820Studio Apartments Available Sep 1
1835 N 2nd St, Unit 25
1835 N 2nd StMilwaukee, WI 53212
Cheap Homes for Rent in the Downtown Milwaukee Neighborhood of Milwaukee, WI from $900 (23 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Milwaukee area of Milwaukee.
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$820Studio Apartments Available Aug 15
1835 N 2nd St, Unit 29
1835 N 2nd StMilwaukee, WI 53212
2436 N 1st St, Unit A
2436 N 1st St
MilwaukeeWI53212
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$9502 Bedroom Apartments Available Now
2536 N Richards St, Unit 1st floor
2536 N Richards StMilwaukee, WI 53212
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$9952 Bedroom Apartments Available Now
2407 N 6th St, Unit Rear Unit
2407 N 6th StMilwaukee, WI 53212
3045 Dr. William Finlayson St
MilwaukeeWI53212
2457 N 1st St, Unit upper front
2457 N 1st St
MilwaukeeWI53212
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.
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$1,0502 Bedroom Apartments Available Now
2930 N 1st St, Unit Lower
2930 N 1st StMilwaukee, WI 53212
2724 N Palmer St
MilwaukeeWI53212
2716 N Buffum St
MilwaukeeWI53212
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$1,0952 Bedroom Apartments Available Now
2719 N 1st St
2719 N 1st StMilwaukee, WI 53212
3001 N 1st St
MilwaukeeWI53212
1140 E Hamilton St
MilwaukeeWI53202
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$1,1951 Bedroom Apartments Available Aug 16
3817 N Humboldt Ave, Unit 3
3817 N Humboldt AveMilwaukee, WI 53212
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
2441 Dr. William Finlayson St
MilwaukeeWI53212
2439 Dr. William Finlayson St
MilwaukeeWI53212
1028 E Juneau Ave
MilwaukeeWI53202
705 E Center St
MilwaukeeWI53212
2800 N Holton St
MilwaukeeWI53212
2573 N Bartlett Ave
MilwaukeeWI53211
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$1,3452 Bedroom Apartments Available Aug 1
1704 E Locust St, Unit 6
1704 E Locust StMilwaukee, WI 53211
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).
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$1,3952 Bedroom Apartments Available Aug 16
3817 N Humboldt Ave, Unit 5
3817 N Humboldt AveMilwaukee, WI 53212
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$1,4003 Bedroom Apartments Available Now
2320 N Booth St
2320 N Booth StMilwaukee, WI 53212
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Downtown Milwaukee, Milwaukee, WI Local Guide
How much does it cost to rent a home in Downtown Milwaukee?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Milwaukee 2 Bedroom Homes for Rent | $1,791 | $995 | $3,250 |
| Downtown Milwaukee 3 Bedroom Homes for Rent | $1,864 | $1,150 | $2,750 |
| Downtown Milwaukee 4 Bedroom Homes for Rent | $2,011 | $1,795 | $2,345 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 23 rentals with your search options within a 1 mile radius of the Downtown Milwaukee Neighborhood of Milwaukee, WI.
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Downtown Milwaukee, Milwaukee, WI Local Guide
- Nearby Milwaukee neighborhoods
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Cheapest Available Downtown Milwaukee Apartments for Rent
The cheapest available apartment rental in the Downtown Milwaukee area of Milwaukee, WI is a 1 Bed unit found at MLK Library Apartments priced from $560. Fairmount Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $675. Here are the most affordable Downtown Milwaukee apartments for rent in Milwaukee, WI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| MLK Library Apartments | 1x1 | 1BR,1BA | $560 |
| Fairmount Apartments | Efficiency | Studio,1BA | $675 |
| Lakeside Apartments | Studio | Studio,1BA | $695 |
| The Astor Hotel Apartments | Efficiency Studio | Studio,1BA | $700 |
| Buckingham Apartments | Small Studio | Studio,1BA | $725 |
Best Value Apartments for Rent in Downtown Milwaukee, WI
As of July 29, 2026 the best value apartment in the Downtown Milwaukee area is the $1.20 price per square foot TownHome Model at Shepard Townhomes in the in the Downtown Milwaukee neighborhood starting from $3,295. The second greatest value Downtown Milwaukee apartment is the 912 W Hadley St Model at 912 W Hadley St, Unit 1 starting at $1,250 with a $0.56 price per square foot in the Haymarket neighborhood. Here is today’s list of the best values for Downtown Milwaukee apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Shepard Townhomes | TownHome | 4BR,2.5BA | $1.20 |
| 912 W Hadley St, Unit 1 | 912 W Hadley St | 3BR,1BA | $0.56 |
| 2738 N Murray Ave, Unit 2738 | 2738 N Murray Ave | 3BR,1BA | $0.92 |
| San Rafael Apartments | 3BR/1.0BA | 3BR,1BA | $1.19 |
| 2457 N 1st St, Unit front upper unit 2457 | 2457 N 1st St | 2BR,1BA | $0.60 |
| The Germania | Two Bedroom | 2BR,1.5BA | $1.13 |
| The Park at 1824 Student Apartments | Renovated 3 Bedroom Apartment | 3BR,2BA | $0.95 |
| 2407 N 6th St, Unit Rear Lower Unit | 2407 N 6th St | 2BR,1BA | $1.11 |
| MLK Library Apartments | 1x1 | 1BR,1BA | $0.71 |
| Garage - 3035 N Downer Ave, Unit UWM - Garage spot | Garage - 3035 N Downer Ave | Studio ,0.5BA | $1.00 |
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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Pet Friendly LifestyleDowntown Milwaukee, Milwaukee, WI
Ranked #6
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 Downtown Milwaukee
What type of rentals are currently available in Downtown Milwaukee?
There are currently 922 Apartments for Rent in Downtown Milwaukee, WI with pricing that ranges from $559 to $36,000. There are also 99 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Milwaukee ranging from $925 to $3,500.
What is the current price range for Rental Homes in Downtown Milwaukee?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Milwaukee ranges from $925 to $3,500 with an average monthly rent of $1,721.
How much are larger Three and Four Bedroom Rentals in Downtown Milwaukee?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Milwaukee range from $749 to $15,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,150 to $2,750. Four Bedroom Single-Family rentals are also available starting from $1,795 and Four Bedroom Apartments start at $1,400.
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
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.
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.
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.
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.