Cheap Homes for Rent in Fernwood Neighborhood of Milwaukee, WI from $1,300 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Fernwood area of Milwaukee.

3332 S Springfield Ave

3725 S Clement Ave

3914 S 1st St, Unit 3914A

3648 E Tesch Ave, Unit 3650
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 | $1,726 | $1,345 | $2,300 |
Fernwood 3 Bedroom Homes for Rent | $2,353 | $1,995 | $3,175 |
Fernwood 4 Bedroom Homes for Rent | $2,720 | $2,145 | $3,295 |
Browse Homes for Rent in this Neighborhood
There are currently 6 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 Studio unit found at Seaway Terrace Apartments priced from $850. Corliss has the second lowest priced unit, which is a 1 Bed apartment currently listed from $959. Here are the most affordable Fernwood apartments for rent in Milwaukee, WI:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Seaway Terrace Apartments | Studio | Studio,1BA | $850 |
Corliss | Ironwood | 1BR,1BA | $959 |
Thompson Meadows Apartments: 55+ Adult | One Bedroom | 1BR,1BA | $975 |
Best Value Apartments for Rent in Fernwood, WI
As of September 13, 2025 the best value apartment in the Fernwood area is the $1.05 price per square foot Style B- 2 Bed / 2 Bath + Den Upper Model at Lake Park Reserve in the in the Town of Lake neighborhood starting from $2,000. The second greatest value Fernwood apartment is the 2159 S Mound St Model at 2159 S Mound St, Unit LOWER starting at $2,145 with a $1.65 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. |
---|---|---|---|
Lake Park Reserve | Style B- 2 Bed / 2 Bath + Den Upper | 2BR,2BA | $1.05 |
2159 S Mound St, Unit LOWER | 2159 S Mound St | 3BR,2BA | $1.65 |
3235 S Indiana Ave, Unit Lower | 3235 S Indiana Ave | 2BR,1BA | $1.19 |
2818 S Delaware Ave, Unit 2818 - Upper | 2818 S Delaware Ave | 2BR,1BA | $1.54 |
3027 S Superior St | 3027 S Superior St | 2BR,1BA | $1.67 |
3667 E Munkwitz Ave, Unit 2 | 3667 E Munkwitz Ave | 2BR,1BA | $1.20 |
3401 S Howell Ave, Unit 2 | 3401 S Howell Ave | 2BR,1BA | $1.86 |
Welcome Home at Plaza Four Apartments | 1 Bed 1 Bath with Balcony/Patio | 1BR,1BA | $1.70 |
Thompson Meadows Apartments: 55+ Adult | One Bedroom | 1BR,1BA | $1.59 |
$1095 – 1 BR, 1 BA Apartment in Bayview - | 1BR/1.0BA | 1BR,1BA | $1.99 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleFernwood, Milwaukee, WI
Ranked #52
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
Frequently Asked Questions about Fernwood
What type of rentals are currently available in Fernwood?
There are currently 177 Apartments for Rent in Fernwood, WI with pricing that ranges from $700 to $3,922. There are also 20 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fernwood ranging from $1,345 to $3,295.
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 $1,345 to $3,295 with an average monthly rent of $2,112.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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 Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.