734 N 3rd St
MilwaukeeWI53203
Cheap Homes for Rent in the Downtown Milwaukee Neighborhood of Milwaukee, WI from $825 (36 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Milwaukee area of Milwaukee.
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$9001 Bedroom Apartments Available Oct 1
1021 E Brady St
1021 E Brady StMilwaukee, WI 53202
616 W Chambers St
MilwaukeeWI53212
2971 N 6th St
MilwaukeeWI53212
612 W Wisconsin Ave, Unit 2
612 W Wisconsin Ave
MilwaukeeWI53203
2724 N Palmer St
MilwaukeeWI53212
2857 N 2nd St
MilwaukeeWI53212
3027 N 6th St
MilwaukeeWI53212
1140 E Hamilton St
MilwaukeeWI53202
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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$1,1451 Bedroom Apartments Available Sep 16
3817 N Humboldt Ave, Unit 3
3817 N Humboldt AveMilwaukee, WI 53212
3001 N 1st St
MilwaukeeWI53212
2441 Dr. William Finlayson St
MilwaukeeWI53212
904 E Pearson St
MilwaukeeWI53202
2939 N 13th St
MilwaukeeWI53206
2439 Dr. William Finlayson St
MilwaukeeWI53212
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$1,2002 Bedroom Apartments Available Now
436 W Burleigh St, Unit A
436 W Burleigh StMilwaukee, WI 53212
3004 N 11th St
MilwaukeeWI53206
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$1,3452 Bedroom Apartments Available Sep 16
1704 E Locust St, Unit 6
1704 E Locust StMilwaukee, WI 53211
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.
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$1,3452 Bedroom Apartments Available Sep 16
1704 E Locust St, Unit 3
1704 E Locust StMilwaukee, WI 53211
2443 N Bartlett Ave
MilwaukeeWI53211
2564 N Hubbard St
MilwaukeeWI53212
314 W Vine St
MilwaukeeWI53212
2768 N Buffum St
MilwaukeeWI53212
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$1,3951 Bedroom Apartments Available Sep 20
2131 N Summit Ave, Unit 307
2131 N Summit AveMilwaukee, WI 53202
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$1,3952 Bedroom Apartments Available Sep 16
1704 E Bradford Ave, Unit 1704
1704 E Bradford AveMilwaukee, WI 53211
2454 N Pierce St
MilwaukeeWI53212
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$1,4252 Bedroom Apartments Available Now
2260 N Summit Ave, Unit 205
2260 N Summit AveMilwaukee, WI 53202
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).
2080 N Commerce St
MilwaukeeWI53212
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$1,4502 Bedroom Apartments Available Now
2260 N Summit Ave, Unit 310
2260 N Summit AveMilwaukee, WI 53202
1754 N Astor St
MilwaukeeWI53202
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$1,4501 Bedroom Apartments Available Sep 18
2009 N Prospect Ave, Unit 26
2009 N Prospect AveMilwaukee, WI 53202
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$1,4502 Bedroom Apartments Available Now
2218 N Summit Ave, Unit 101
2218 N Summit AveMilwaukee, WI 53202
1219 E Kane Pl
MilwaukeeWI53202
1862 N 13th St
MilwaukeeWI53205
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$1,4952 Bedroom Apartments Available Oct 1
2816 N Fratney St, Unit 4
2816 N Fratney StMilwaukee, WI 53212
1924 N Hubbard St
MilwaukeeWI53212
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
Showing Results 1-36, Page 1 of 1
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 | $1,879 | $925 | $4,250 |
| Downtown Milwaukee 3 Bedroom Homes for Rent | $1,914 | $900 | $2,950 |
| Downtown Milwaukee 4 Bedroom Homes for Rent | $2,097 | $1,750 | $2,850 |
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 36 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
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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 Beerline B Apartments priced from $522. 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 |
|---|---|---|---|
| Beerline B Apartments | 1B1B | 1BR,1BA | $522 |
| Fairmount Apartments | Studio | Studio,1BA | $675 |
| Lakeside Apartments | Studio | Studio,1BA | $695 |
| Colonial Apartments | Studio *Standard | Studio,1BA | $695 |
| The Astor Hotel Apartments | Efficiency Studio | Studio,1BA | $700 |
| Eastwood Apartments | Studio | Studio,1BA | $715 |
| Pleasant Apartments | Studio Apartment | Studio,1BA | $725 |
| Lancaster Apartments | 1BR/1BA | 1BR,1BA | $750 |
| Prospect Kane Apartments | 1BR/1BA | 1BR,1BA | $795 |
| 1417 N. Prospect Avenue | 1417 Studios | Studio,1BA | $795 |
Best Value Apartments for Rent in Downtown Milwaukee, WI
As of September 14, 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 1668 N Van Buren St Model at 1668 N Van Buren St, Unit Upper Unit starting at $1,950 with a $0.89 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 |
| 1668 N Van Buren St, Unit Upper Unit | 1668 N Van Buren St | 3BR,1BA | $0.89 |
| 2960 N Maryland Ave, Unit 2962 | 2960 N Maryland Ave | 5BR,2BA | $1.18 |
| Bronzeville Apartments | Live-Work Apartments | 3BR,2BA | $1.17 |
| San Rafael Apartments | 3BR/1.0BA | 3BR,1BA | $1.19 |
| 2952 N Booth St, Unit 2952 N Booth St | 2952 N Booth St | 2BR,1BA | $0.92 |
| Century Building | 2x2 | 2BR,2BA | $0.87 |
| 329 E Garfield Ave, Unit 1 | 329 E Garfield Ave | 2BR,1.5BA | $1.18 |
| 2407 N 6th St, Unit Rear Lower Unit | 2407 N 6th St | 2BR,1BA | $1.11 |
| 2911 N 9th St, Unit 2911-A | 2911 N 9th St | 2BR,1BA | $1.13 |
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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Navigating 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.
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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
Elm Creative Arts Elementary School
Milwaukee School District
Public School - Grades PK-5 (335)
3 out of 10
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 927 Apartments for Rent in Downtown Milwaukee, WI with pricing that ranges from $544 to $36,000. There are also 107 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Milwaukee ranging from $825 to $4,250.
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 $825 to $4,250 with an average monthly rent of $1,877.
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 $799 to $15,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $2,950. Four Bedroom Single-Family rentals are also available starting from $1,750 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.
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.