Cheap Homes for Rent in Fernwood Neighborhood of Milwaukee, WI from $800 (6 Rentals)

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

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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 Corliss priced from $623. Lake Park Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here are the most affordable Fernwood apartments for rent in Milwaukee, WI:

Apartment ListingModel NameBed/BathPriced From
CorlissSAWYER1BR,1BA$623
Lake Park Apartments1BR/1BA1BR,1BA$850
The Landing at 1st StreetStudioStudio,1BA$860

Best Value Apartments for Rent in Fernwood, WI

As of December 29, 2025 the best value apartment in the Fernwood area is the $1.65 price per square foot 2159 S Mound St Model at 2159 S Mound St, Unit LOWER in the in the Clarke Square neighborhood starting from $2,145. The second greatest value Fernwood apartment is the J Model at Cottonwood Trails - 55+ Community starting at $1,149 with a $1.09 price per square foot in the Town of Lake 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.
2159 S Mound St, Unit LOWER2159 S Mound St3BR,2BA$1.65
Cottonwood Trails - 55+ CommunityJ2BR,1BA$1.09
South Shore Point2 Bedroom Second Floor2BR,1BA$1.73
220 E Wilbur Ave, Unit Lower220 E Wilbur Ave2BR,1BA$1.50
South Pine Apartments2 Bed 1 Bath2BR,1BA$1.53
Buckhorn Station Apartment HomesOne Bedroom1BR,1BA$1.47
Hide House Lofts BayviewOne Bedroom One Bath1BR,1BA$1.32
Lake Park Apartments1BR/1BA1BR,1BA$1.31
Plaza IV Apartments in St. Francis.1 Bed 1 Bath1BR,1BA$1.45
Thompson Meadows Apartments: 55+ AdultOne Bedroom1BR,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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick Rent Budget Calculator

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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 Lifestyle
Fernwood, Milwaukee, WI

Ranked #50

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Fernwood

What type of rentals are currently available in Fernwood?

There are currently 172 Apartments for Rent in Fernwood, WI with pricing that ranges from $623 to $3,659. There are also 20 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fernwood ranging from $895 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 $895 to $2,975 with an average monthly rent of $1,741.

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.

Articles, How-To's, and Tips

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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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.