Cheap Apartments for Rent in the Fernwood Neighborhood of Milwaukee, WI from $565 (59 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article
property at 744 E Lincoln Ave

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300
Total Monthly Price
$1,300

2 Bedroom, 1 Bath Home for Rent

Available Sep 15

744 E Lincoln Ave

MilwaukeeWI53207

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.

Read Article
close
View Me
2226 S Kinnickinnic Ave, Unit 1
$1,495
Total Monthly Price

Total Monthly Price

Base Rent
$1,495
Total Monthly Price
$1,495
1 Bedroom Apartment Available Sep 1

2226 S Kinnickinnic Ave, Unit 1

2226 S Kinnickinnic AveMilwaukee, WI 53207
Affordability
  • Smoke Free
close
View Me
2892 S Delaware Ave
Studio to 1 Bedroom Apartments

2892 S Delaware Ave

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

2636 S. Logan

2636 S Logan AveMilwaukee, WI 53207
  • Utilities Included
close
View Me
Pinall Gardens
1 to 3 Bedroom Apartments

Pinall Gardens

4152 S Whitnall AveMilwaukee, WI 53207
  • Utilities Included

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).

Read Article
close
View Me
Golden Domes
Studio to 3 Bedroom Apartments

Golden Domes

1620 S 6th StMilwaukee, WI 53204
  • Utilities Included
close
View Me
Bayview
2 Bedroom Apartments

Bayview

2406-2430 E Oklahoma AveMilwaukee, WI 53207
  • Utilities Included
close
View Me
La Corona Apt
1 to 3 Bedroom Apartments

La Corona Apt

1655 S 3rd StMilwaukee, WI 53204
close
View Me
3047 S Howell Ave
1 Bedroom Apartments

3047 S Howell Ave

3047 S Howell AveMilwaukee, WI 53207
close
View Me
1323 E Colorado St
1 to 2 Bedroom Apartments

1323 E Colorado St

1323 E Colorado StMilwaukee, WI 53207
close
View Me
2867 S Kinnickinnic
1 to 2 Bedroom Apartments

2867 S Kinnickinnic

2863-2867 S Kinnickinnic AveMilwaukee, WI 53207
  • Utilities Included

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

Read Article
close
View Me
2188 S Robinson Ave
2 Bedroom Apartments

2188 S Robinson Ave

2188 S Robinson AveMilwaukee, WI 53207
Corporate Housing
  • Smoke Free

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Read Article
Showing Results 1-50, Page 1 of 2

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 Lake Park Apartments priced from $850. Norwich East has the second lowest priced unit, which is a 1 Bed apartment currently listed from $899. Here are the most affordable Fernwood apartments for rent in Milwaukee, WI:

Apartment ListingModel NameBed/BathPriced From
Lake Park Apartments1BR/1BA1BR,1BA$850
Norwich East1B1BA1BR,1BA$899
The Landing at 1st StreetStudioStudio,1BA$900
3432 E Cudahy Ave0 Beds, 1 BathsStudio,1BA$950
Plaza IV Apartments in St. Francis.1 Bed 1 Bath with Balcony/Patio1BR,1BA$1,049
3279 S Kinnickinnic Ave. (6 Unit)1BR/1.0BA1BR,1BA$1,050
Thompson Meadows Apartments: 55+ AdultTwo Bedroom2BR,1BA$1,075
Buckhorn Station Apartment HomesOne Bedroom1BR,1BA$1,152
CorlissTimberline - 60% AMI1BR,1BA$1,169

Best Value Apartments for Rent in Fernwood, WI

As of August 24, 2026 the best value apartment in the Fernwood area is the $0.67 price per square foot 3771 E Squire Ave Model at 3771 E Squire Ave, Unit Upper Unit in the in the Fernwood neighborhood starting from $1,200. The second greatest value Fernwood apartment is the 424 W Harrison Ave Model at 424 W Harrison Ave, Unit 424 starting at $1,850 with a $1.12 price per square foot in the National Park 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.
3771 E Squire Ave, Unit Upper Unit3771 E Squire Ave2BR,1BA$0.67
424 W Harrison Ave, Unit 424424 W Harrison Ave3BR,2BA$1.12
814 E Lincoln Ave, Unit A814 E Lincoln Ave3BR,2BA$1.64
2556 S Brisbane Ave, Unit Brisbane Ave Upper2556 S Brisbane Ave3BR,1BA$1.49
Buckhorn Station Apartment HomesTwo2BR,1BA$1.48
617 E Homer St, Unit 4617 E Homer St2BR,1BA$1.31
Thompson Meadows Apartments: 55+ AdultTwo Bedroom2BR,1BA$1.35
3279 S Kinnickinnic Ave. (6 Unit)1BR/1.0BA1BR,1BA$1.40
Lake Park Apartments1BR/1BA1BR,1BA$1.31
Plaza IV Apartments in St. Francis.1 Bed 1 Bath with Balcony/Patio1BR,1BA$1.70

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.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Fernwood, Milwaukee, WI

Ranked #63

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Best Local Schools in
Fernwood, Milwaukee, WI

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 the price of a cheap apartment in Fernwood?

The cheapest apartment in Fernwood is Lake Park Apartments which is listed at $850, while the average apartment in Fernwood costs $1,450.

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 130 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 $535 which is $915 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.

Helpful Local Expert Guides

decorative image for An Insider's Guide to Apartment Living Near Milwaukee's Four Employer Clusters article

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.

decorative image for A Local Expert's Guide to Milwaukee: Neighborhoods, Traditions, and the Cozy Spirit of Gemütlichkeit article

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.

decorative image for The Top Neighborhoods for Off-Campus Housing for Milwaukee-Area College Students article

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.

decorative image for Finding The Best Affordable Milwaukee Neighborhoods to Rent article

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

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.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.