Cheap Homes for Rent in Downtown Milwaukee Neighborhood of Milwaukee, WI from $900 (22 Rentals)

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

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.

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property at 2640 N Holton St

2640 N Holton St

MilwaukeeWI53212

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Downtown Milwaukee, Milwaukee, WI Local Guide

Cheapest Available Downtown Milwaukee Apartments for Rent

 

The cheapest available apartment rental in the Downtown Milwaukee area of Milwaukee, WI is a 2 Beds unit found at Century Building priced from $559. Edgewater East has the second lowest priced unit, which is a 1 Bed apartment currently listed from $680. Here are the most affordable Downtown Milwaukee apartments for rent in Milwaukee, WI:

Apartment ListingModel NameBed/BathPriced From
Century Building2x12BR,1BA$559
Edgewater EastOne Bedroom1BR,1BA$680
Buckingham ApartmentsSmall StudioStudio,1BA$695
Fairmount ApartmentsEfficiencyStudio,1BA$695
The Astor Hotel ApartmentsEfficiency StudioStudio,1BA$700

Best Value Apartments for Rent in Downtown Milwaukee, WI

As of September 16, 2025 the best value apartment in the Downtown Milwaukee area is the $0.77 price per square foot 600 E Ogden Ave Model at 600 E Ogden Ave, Unit UW in the in the Haymarket neighborhood starting from $2,150. The second greatest value Downtown Milwaukee apartment is the 3BR/1.5BA Model at The Shamrock - West & East starting at $1,625 with a $1.05 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 ListingModel NameBed/BathPrice Per Sq.Ft.
600 E Ogden Ave, Unit UW600 E Ogden Ave3BR,2BA$0.77
The Shamrock - West & East3BR/1.5BA3BR,1.5BA$1.05
2457 N 1st St, Unit front back2457 N 1st St1BR,1BA$0.60
1726 N Arlington Pl, Unit Lower Unit1726 N Arlington Pl3BR,1BA$1.00
Oakland Manor2 Bedroom 1 Bath2BR,1BA$1.06
3130 N Richards St, Unit 31303130 N Richards St3BR,1BA$1.09
3127 N Bartlett Ave, Unit 23127 N Bartlett Ave3BR,1BA$0.93
Century Building2x12BR,1BA$0.61
2407 N 6th St, Unit Rear Lower Unit2407 N 6th St2BR,1BA$1.10
Northwood Apartments1 Bed, 1 bath1BR,1BA$1.07

Quick 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.

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Pet Friendly Lifestyle
Downtown Milwaukee, Milwaukee, WI

Ranked #1

Among cities in Wisconsin for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 898 Apartments for Rent in Downtown Milwaukee, WI with pricing that ranges from $474 to $15,000. There are also 103 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Milwaukee ranging from $900 to $4,600.

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 $900 to $4,600 with an average monthly rent of $1,912.

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 $980 to $15,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,295 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,600 and Four Bedroom Apartments start at $1,200.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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.

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.