
Cheap Apartments for Rent in the Fernwood Neighborhood of Milwaukee, WI from $500 (28 Rentals)
Search the lowest-cost Apartments available for rent right now in the Fernwood area of Milwaukee.


The Landing at 1st Street

2859 S 6th St

Hide House Lofts Bayview

Harbor View Village

Total Monthly Price
617 E Homer St, Unit 4

1414-1420 E Warnimont Ave
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2892 S Delaware Ave

2636 S. Logan

Pinall Gardens

Golden Domes

Bayview

La Corona Apt

2467 S Burrell St 6 unit
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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.

3140 S Kinnickinnic Ave. (6 Unit)

$1095 – 1 BR, 1 BA Apartment in Bayview - ...

Total Monthly Price
Lake Park Apartments

FairCrest Senior Apartments

3545 E Tesch Ave

4025 S Packard Ave

3633 E Squire Ave
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Thompson Meadows Apartments: 55+ Adult

Plaza IV Apartments in St. Francis.

4573 S Lake Dr

3647A E Munkwitz Ave

W.G. Apartments

Lakeside Apartments

3719 E Layton Ave
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Fernwood, Milwaukee, WI Local Guide

How much does it cost to rent an apartment in Fernwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Fernwood Studio Apartments | $1,471 | $860 | $2,425 |
| Fernwood 1 Bedroom Apartments | $1,540 | $623 | $2,953 |
| Fernwood 2 Bedroom Apartments | $1,955 | $747 | $3,978 |
| Fernwood 3 Bedroom Apartments | $2,690 | $2,375 | $3,460 |
| Fernwood 4 Bedroom Apartments | $2,100 | $2,100 | $2,100 |
Browse Apartments in this Neighborhood
There are currently 28 rentals with your search options within a 2 mile radius of the Fernwood Neighborhood of Milwaukee, WI.
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Fernwood, Milwaukee, WI Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Corliss | TIMBERLINE | 1BR,1BA | $623 |
| Lake Park Apartments | 1BR/1BA | 1BR,1BA | $850 |
| The Landing at 1st Street | One Bedroom | 1BR,1BA | $960 |
| Thompson Meadows Apartments: 55+ Adult | One Bedroom | 1BR,1BA | $975 |
| Hide House Lofts Bayview | One Bedroom One Bath | 1BR,1BA | $1,009 |
| La Corona Apt | 2 Bedroom HUD | 2BR,1BA | $1,011 |
| Plaza IV Apartments in St. Francis. | 1 Bed 1 Bath Large | 1BR,1BA | $1,029 |
| Buckhorn Station Apartment Homes | One Bedroom | 1BR,1BA | $1,187 |
| Dwell Bay View | A | Studio,1BA | $1,275 |
| Ridge View Apartments | Two Bedroom, One Bathroom | 2BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1129 Idaho E St, Unit 2 | 1129 Idaho E St | 2BR,1BA | $1.25 |
| 508 E Lincoln Ave, Unit 508 E Lincoln Ave | 508 E Lincoln Ave | 2BR,1BA | $1.50 |
| 2810 S Lenox St, Unit Lower unit | 2810 S Lenox St | 2BR,1BA | $1.65 |
| Ridge View Apartments | Two Bedroom, One Bathroom | 2BR,1BA | $1.52 |
| Buckhorn Station Apartment Homes | One Bedroom | 1BR,1BA | $1.51 |
| Hide House Lofts Bayview | One Bedroom One Bath | 1BR,1BA | $1.32 |
| Plaza IV Apartments in St. Francis. | 1 Bed 1 Bath Large with Balcony | 1BR,1BA | $1.52 |
| La Corona Apt | 2 Bedroom HUD | 2BR,1BA | $1.44 |
| Lake Park Apartments | 1BR/1BA | 1BR,1BA | $1.31 |
| Thompson Meadows Apartments: 55+ Adult | One Bedroom | 1BR,1BA | $1.59 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
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Read ArticleQuick 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.
Pet Friendly LifestyleFernwood, Milwaukee, WI
Ranked #59
Among cities in Wisconsin for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Fernwood, Milwaukee, WI
Bay View Middle and High School
School data provided by Great Schools
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

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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