Cheap Apartments for Rent in the Franklin Heights Neighborhood of Milwaukee, WI from $400 (90 Rentals)

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

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property at 2436 N 1st St

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950
Total Monthly Price
$950

1 Bedroom, 1 Bath Condo for Rent

Available Now

2436 N 1st St, Unit A

2436 N 1st St
MilwaukeeWI53212
property at 2438 N 1st St

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950
Total Monthly Price
$950

1 Bedroom, 1 Bath Townhome for Rent

Available Now

2438 N 1st St

MilwaukeeWI53212

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Discover Milwaukee apartment living from Downtown lofts to affordable suburban homes. We detail neighborhoods near the four major employment hubs: urban, leafy, and everything in between.

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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. 4603 N 29th St - 6 unit has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. 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
4603 N 29th St - 6 unit1BR/1.0BA1BR,1BA$750
4720 N 37th St. (8 Unit)1BR/1.0BA1BR,1BA$845
Park Village ApartmentsStudio*Studio,1BA$935
4651 N 36th St. (12 unit)(ACE PROPERTY)2BR/1.0BA2BR,1BA$945
Columbia Square3 bedroom3BR,2BA$976
Himount GardensCourtyard North/South1BR,1BA$990

Best Value Apartments for Rent in Franklin Heights, WI

As of May 31, 2026 the best value apartment in the Franklin Heights area is the $0.56 price per square foot 912 W Hadley St Model at 912 W Hadley St, Unit 1 in the in the Haymarket neighborhood starting from $1,250. The second greatest value Franklin Heights apartment is the 2457 N 1st St Model at 2457 N 1st St, Unit front rear unit starting at $900 with a $0.60 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.
912 W Hadley St, Unit 1912 W Hadley St2BR,1BA$0.56
2457 N 1st St, Unit front rear unit2457 N 1st St2BR,1BA$0.60
2912 N 11th St, Unit 29122912 N 11th St3BR,1BA$1.08
Columbia Square2 bedroom2BR,2BA$0.84
3261-3263 N 26th St, Unit Upper3261-3263 N 26th St3BR,1BA$1.13
2313 N Holton St2313 N Holton St2BR,1BA$1.33
Bishops Creek Family Housing2x12BR,1BA$1.20
2911 N 9th St, Unit 2911-A2911 N 9th St2BR,1BA$1.13
4651 N 36th St. (12 unit)(ACE PROPERTY)2BR/1.0BA2BR,1BA$1.27
2214-2220 W Hopkins St. (8 Unit)1BR/1.0BA1BR,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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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.

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Pet Friendly Lifestyle
Franklin Heights, Milwaukee, WI

Ranked #203

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Franklin Heights, Milwaukee, WI

School data provided by Great Schools

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 $1,442.

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 11 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 $425 which is $1,017 cheaper than the average rent for all rentals in Franklin Heights.

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

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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.

Articles, How-To's, and Tips

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