
Cheap Apartments for Rent in the Fernwood Neighborhood of Milwaukee, WI from $565 (59 Rentals) Page 2 of 2
Search the lowest-cost Apartments available for rent right now in the Fernwood area of Milwaukee.


Total Monthly Price
3771 E Squire Ave, Unit Upper Unit

Ridge View

3663 E Munkwitz Ave, Unit 2
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Total Monthly Price
3663A E Munkwitz Ave, Unit Upper

W.G. Apartments

Lakeside Apartments

3432 E Cudahy Ave
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

South Shore Point
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 | $1,431 | $745 | $1,895 |
| Fernwood 1 Bedroom Apartments | $1,394 | $850 | $3,019 |
| Fernwood 2 Bedroom Apartments | $1,704 | $950 | $3,557 |
| Fernwood 3 Bedroom Apartments | $1,915 | $1,150 | $2,990 |
Browse Apartments in this Neighborhood
There are currently 59 rentals with your search options within a 2 mile radius of the Fernwood Neighborhood of Milwaukee, WI.
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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

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.

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.

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.