Cheap Apartments for Rent in the Franklin Heights Neighborhood of Milwaukee, WI from $400 (78 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Franklin Heights area of Milwaukee.

property at 2876 N 26th St

2876 N 26th St

MilwaukeeWI53206
Showing Results 1-50, Page 1 of 2

Franklin Heights, Milwaukee, WI Local Guide

Cheapest Available Franklin Heights Apartments for Rent

 

The cheapest available apartment rental in the Franklin Heights area of Milwaukee, WI is a 1 Bed unit found at 2214-2220 W Hopkins St. (8 Unit) priced from $695. Brewer's Hill has the second lowest priced unit, which is a Studio apartment currently listed from $721. Here are the most affordable Franklin Heights apartments for rent in Milwaukee, WI:

Apartment ListingModel NameBed/BathPriced From
2214-2220 W Hopkins St. (8 Unit)1BR/1.0BA1BR,1BA$695
Brewer's HillEfficiencyStudio,1BA$721
Gorman Homes1 Bedroom1BR,1BA$774
CWC Community Within the CorridorFond Du LacStudio,1BA$854
The Residences at ThriveOn KingOne Bedroom1BR,1BA$956
Himount GardensEast Courtyard1BR,1BA$960

Best Value Apartments for Rent in Franklin Heights, WI

As of October 15, 2025 the best value apartment in the Franklin Heights area is the $0.60 price per square foot 2457 N 1st St Model at 2457 N 1st St, Unit front rear unit in the in the Haymarket neighborhood starting from $900. The second greatest value Franklin Heights apartment is the 2634 N 24th St Model at 2634 N 24th St, Unit Lower starting at $950 with a $0.79 price per square foot in the Haymarket neighborhood. Here is today’s list of the best values for Franklin Heights apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
2457 N 1st St, Unit front rear unit2457 N 1st St2BR,1BA$0.60
2634 N 24th St, Unit Lower2634 N 24th St2BR,1BA$0.79
4370 N 28th St, Unit Upper4370 N 28th St2BR,1BA$0.96
315 E Garfield Ave, Unit Upper315 E Garfield Ave2BR,1BA$1.08
3352 N Richards St3352 N Richards St2BR,1BA$1.04
433 E Lloyd St, Unit 433 Lower433 E Lloyd St2BR,1BA$1.16
Bishops Creek Family Housing3x1.53BR,1.5BA$1.22
1945 N Dr William Finlayson St, Unit 41945 N Dr William Finlayson St1BR,1BA$1.06
4059 N 7th St, Unit 14059 N 7th St1BR,1BA$1.05
Gorman Homes1 Bedroom1BR,1BA$1.16

Quick Rent Budget Calculator

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Franklin Heights, Milwaukee, WI

Ranked #177

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Best Local Schools in
Franklin Heights, Milwaukee, WI

School data provided by Great Schools

Getting Around the Franklin Heights Neighborhood in Milwaukee, WI

Walk Score®

55 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

52 / 100

Bikeable

Some bike infrastructure

Transit Score®

54 / 100

Good Transit

Many nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Franklin Heights Apartments

What is the price of a cheap apartment in Franklin Heights?

The cheapest apartment in Franklin Heights is 2214-2220 W Hopkins St. (8 Unit) which is listed at $695, while the average apartment in Franklin Heights costs $2,900.

What types of apartments are the cheapest in Franklin Heights?

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 14 regular apartments in Franklin Heights 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 Franklin Heights?

Cheap apartments in Franklin Heights have an average cost of $465 which is $2,435 cheaper than the average rent for all rentals in Franklin Heights.

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.

decorative image for Finding The Best Affordable Milwaukee Neighborhoods to Rent article

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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.