Cheap Apartments for Rent in the Fernwood Neighborhood of Milwaukee, WI from $500 (28 Rentals)

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

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2892 S Delaware Ave
Studio to 1 Bedroom Apartments

2892 S Delaware Ave

2892 S Delaware AveMilwaukee, WI 53207
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2636 S. Logan
Studio to 2 Bedroom Apartments

2636 S. Logan

2636 S Logan AveMilwaukee, WI 53207
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Pinall Gardens
1 to 3 Bedroom Apartments

Pinall Gardens

4152 S Whitnall AveMilwaukee, WI 53207
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Golden Domes
Studio to 3 Bedroom Apartments

Golden Domes

1620 S 6th StMilwaukee, WI 53204
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Bayview
2 Bedroom Apartments

Bayview

2406-2430 E Oklahoma AveMilwaukee, WI 53207
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La Corona Apt
1 to 3 Bedroom Apartments

La Corona Apt

1655 S 3rd StMilwaukee, WI 53204

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Lake Park Apartments
$850 - $950
Total Monthly Price

Total Monthly Price

Base Rent
$820 - $920
Required Monthly Fees
$30

Total Monthly Price
$850 - $950
1 to 2 Bedroom Apartments Available Now

Lake Park Apartments

3729-3749 S Packard AveSt. Francis, WI 53235
Cost Per Sq.Ft.
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Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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W.G. Apartments
1 Bedroom Apartments

W.G. Apartments

2828 E Bolivar AveSt. Francis, WI 53235
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Lakeside Apartments
1 to 2 Bedroom Apartments

Lakeside Apartments

4025 S Packard StSt. Francis, WI 53235
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3719 E Layton Ave
1 Bedroom Apartments

3719 E Layton Ave

3719 E Layton AveCudahy, WI 53110
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Fernwood, Milwaukee, WI Local Guide

Cheapest Available Fernwood Apartments for Rent

 

The cheapest available apartment rental in the Fernwood area of Milwaukee, WI is a 1 Bed unit found at Corliss priced from $623. Lake Park Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here are the most affordable Fernwood apartments for rent in Milwaukee, WI:

Apartment ListingModel NameBed/BathPriced From
CorlissTIMBERLINE1BR,1BA$623
Lake Park Apartments1BR/1BA1BR,1BA$850
The Landing at 1st StreetOne Bedroom1BR,1BA$960
Thompson Meadows Apartments: 55+ AdultOne Bedroom1BR,1BA$975
Hide House Lofts BayviewOne Bedroom One Bath1BR,1BA$1,009
La Corona Apt2 Bedroom HUD2BR,1BA$1,011
Plaza IV Apartments in St. Francis.1 Bed 1 Bath Large1BR,1BA$1,029
Buckhorn Station Apartment HomesOne Bedroom1BR,1BA$1,187
Dwell Bay ViewAStudio,1BA$1,275
Ridge View ApartmentsTwo Bedroom, One Bathroom2BR,1BA$1,365

Best Value Apartments for Rent in Fernwood, WI

As of February 19, 2026 the best value apartment in the Fernwood area is the $1.25 price per square foot 1129 Idaho E St Model at 1129 Idaho E St, Unit 2 in the in the Southeast Side neighborhood starting from $1,750. The second greatest value Fernwood apartment is the 508 E Lincoln Ave Model at 508 E Lincoln Ave, Unit 508 E Lincoln Ave starting at $1,498 with a $1.50 price per square foot in the Clarke Square neighborhood. Here is today’s list of the best values for Fernwood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1129 Idaho E St, Unit 21129 Idaho E St2BR,1BA$1.25
508 E Lincoln Ave, Unit 508 E Lincoln Ave508 E Lincoln Ave2BR,1BA$1.50
2810 S Lenox St, Unit Lower unit2810 S Lenox St2BR,1BA$1.65
Ridge View ApartmentsTwo Bedroom, One Bathroom2BR,1BA$1.52
Buckhorn Station Apartment HomesOne Bedroom1BR,1BA$1.51
Hide House Lofts BayviewOne Bedroom One Bath1BR,1BA$1.32
Plaza IV Apartments in St. Francis.1 Bed 1 Bath Large with Balcony1BR,1BA$1.52
La Corona Apt2 Bedroom HUD2BR,1BA$1.44
Lake Park Apartments1BR/1BA1BR,1BA$1.31
Thompson Meadows Apartments: 55+ AdultOne Bedroom1BR,1BA$1.59

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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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
Fernwood, Milwaukee, WI

Ranked #59

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in areas across the United States including Fernwood, Milwaukee, and the greater Milwaukee area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including rankings of the best places for convenient access to the outdoors, luxury amenities, kid and pet-friendly communities, availability of transit options, and more. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Fernwood Apartments

What is a cheap apartment in Fernwood?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Fernwood is under $1,365.

What is the price of a cheap apartment in Fernwood?

The cheapest apartment in Fernwood is Corliss which is listed at $623, while the average apartment in Fernwood costs $2,510.

What types of apartments are the cheapest in Fernwood?

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 26 regular apartments in Fernwood 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 Fernwood?

Cheap apartments in Fernwood have an average cost of $179 which is $2,331 cheaper than the average rent for all rentals in Fernwood.

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

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Finding The Best Affordable Milwaukee Neighborhoods to Rent

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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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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

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