1676 S 3rd St
MilwaukeeWI53204
Cheap Homes for Rent in Fernwood Neighborhood of Milwaukee, WI from $700 (11 Rentals)
Search the lowest-cost Homes available for rent right now in the Fernwood area of Milwaukee.
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$1,2002 Bedroom Apartments Available Jul 22
3610 S Howell Ave, Unit 1
3610 S Howell AveMilwaukee, WI 53207
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$1,2952 Bedroom Apartments Available Jul 17
4171 S Clement Ave, Unit 4
4171 S Clement AveMilwaukee, WI 53207
3760 S Clement Ave
MilwaukeeWI53207
2445 S Austin St
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.
3474 S Indiana Ave
MilwaukeeWI53207
1703 E Morgan Ave
MilwaukeeWI53207
2768 S Adams Ave
MilwaukeeWI53207
2770 S Adams Ave
MilwaukeeWI53207
4252 1st St
MilwaukeeWI53202
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.
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$1,7503 Bedroom Apartments Available Now
337 E Smith St, Unit upper
337 E Smith StMilwaukee, WI 53207
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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 | $1,936 | $1,595 | $2,525 |
| Fernwood 3 Bedroom Homes for Rent | $2,373 | $1,598 | $2,975 |
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 11 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 |
| 3432 E Cudahy Ave | 1 Beds, 1 Baths | 1BR,1BA | $1,000 |
| Thompson Meadows Apartments: 55+ Adult | Two Bedroom | 2BR,1BA | $1,075 |
Best Value Apartments for Rent in Fernwood, WI
As of July 06, 2026 the best value apartment in the Fernwood area is the $1.39 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 $1,950. The second greatest value Fernwood apartment is the 2525 S Shore Dr Model at 2525 S Shore Dr, Unit Flugel Penthouse starting at $2,050 with a $1.58 price per square foot in the Historic Mitchell Street 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 | $1.39 |
| 2525 S Shore Dr, Unit Flugel Penthouse | 2525 S Shore Dr | 2BR,1BA | $1.58 |
| 2867 S Kinnickinnic | 2BR/1.0BA | 2BR,1BA | $1.35 |
| South Shore Point | 2 Bedroom First Floor | 2BR,1BA | $1.49 |
| Ridge View | Two Bedroom, One Bathroom | 2BR,1BA | $1.57 |
| South Pine Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.53 |
| Thompson Meadows Apartments: 55+ Adult | Two Bedroom | 2BR,1BA | $1.35 |
| Hide House Lofts Bayview | One Bedroom One Bath | 1BR,1BA | $1.26 |
| Plaza Four Apartments | 1 Bed 1 Bath Large with Balcony | 1BR,1BA | $1.52 |
| Lake Park Apartments | 1BR/1BA | 1BR,1BA | $1.31 |
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.
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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 #77
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 178 Apartments for Rent in Fernwood, WI with pricing that ranges from $850 to $4,101. There are also 23 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fernwood ranging from $779 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 $779 to $2,975 with an average monthly rent of $1,696.
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.
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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.
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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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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.
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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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.
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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
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Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.