3727 E Squire Ave
CudahyWI53110
Cheap Homes for Rent in Fernwood Neighborhood of Milwaukee, WI from $1,200 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Fernwood area of Milwaukee.
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$1,3002 Bedroom Apartments Available Now
3640 E Cudahy Ave, Unit Upper Unit
3640 E Cudahy AveCudahy, WI 53110
3133 S Griffin Ave, Unit Lower, Unit Lower
3133 S Griffin Ave
MilwaukeeWI53207
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.
3754 E Allerton Ave
CudahyWI53110
3725 S Clement Ave
MilwaukeeWI53207
305 E Clarence St
MilwaukeeWI53207
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.
2460 S Delaware Ave
MilwaukeeWI53207
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Fernwood, Milwaukee, WI Local Guide
How much does it cost to rent a home in Fernwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Fernwood 2 Bedroom Homes for Rent | $1,589 | $1,245 | $2,095 |
| Fernwood 3 Bedroom Homes for Rent | $2,420 | $1,845 | $2,975 |
| Fernwood 4 Bedroom Homes for Rent | $2,372 | $2,245 | $2,500 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 7 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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lake Park Apartments | 1BR/1BA | 1BR,1BA | $850 |
| Norwich East | 1B1BA | 1BR,1BA | $899 |
| Hide House Lofts Bayview | One Bedroom One Bath | 1BR,1BA | $968 |
Best Value Apartments for Rent in Fernwood, WI
As of May 21, 2026 the best value apartment in the Fernwood area is the $1.46 price per square foot 3149 S Illinois Ave Model at 3149 S Illinois Ave, Unit 3149 in the in the Far South Side neighborhood starting from $2,050. The second greatest value Fernwood apartment is the 2818 S Delaware Ave Model at 2818 S Delaware Ave, Unit 2818 - Upper starting at $1,850 with a $1.54 price per square foot in the Southeast Side 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. |
|---|---|---|---|
| 3149 S Illinois Ave, Unit 3149 | 3149 S Illinois Ave | 2BR,1BA | $1.46 |
| 2818 S Delaware Ave, Unit 2818 - Upper | 2818 S Delaware Ave | 2BR,1BA | $1.54 |
| Corliss | STEAMLINE | 2BR,2BA | $1.38 |
| Ridge View Apartments | Two Bedroom, One Bathroom | 2BR,1BA | $1.55 |
| 3719 E Layton Ave | One Bedroom | 1BR,1BA | $0.96 |
| South Pine Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.53 |
| 617 E Homer St, Unit 4 | 617 E Homer St | 2BR,1BA | $1.31 |
| Hide House Lofts Bayview | One Bedroom One Bath | 1BR,1BA | $1.26 |
| 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
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
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.
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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 LifestyleFernwood, Milwaukee, WI
Ranked #53
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
Milwaukee School District
Public School - Grades 9-12 (945)
2 out of 10
School data provided by Great Schools
Frequently Asked Questions about Fernwood
What type of rentals are currently available in Fernwood?
There are currently 176 Apartments for Rent in Fernwood, WI with pricing that ranges from $547 to $3,351. There are also 19 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fernwood ranging from $1,245 to $2,975.
What is the current price range for Rental Homes in Fernwood?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Fernwood ranges from $1,245 to $2,975 with an average monthly rent of $2,127.
How much are larger Three and Four Bedroom Rentals in Fernwood?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Fernwood range from $1,595 to $3,296, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,845 to $2,975. Four Bedroom Single-Family rentals are also available starting from $2,245 and Four Bedroom Apartments start at $2,395.
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
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.
The Top Neighborhoods for Off-Campus Housing for Milwaukee-Area College Students
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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.
A Local Experts Guide to Milwaukee: Neighborhoods, Traditions, and the Cozy Spirit of Gemütlichkeit
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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.
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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
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This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
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Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.