
Cheap Apartments for Rent in the Franklin Heights Neighborhood of Milwaukee, WI from $450 (169 Rentals)
Search the lowest-cost Apartments available for rent right now in the Franklin Heights area of Milwaukee.


MLK Library Apartments

Bronzeville Apartments

Rooted & Rising Apartments & Townhomes

1000-1002 W North Ave

Legacy Lofts at the Blommer Ice Cream Factory

3405A N 10th St

3405 N 10th St

1835 N 2nd St, Unit 25

2919 N 50th St
An Insider's Guide to Apartment Living Near Milwaukee's Four Employer Clusters
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.

3356 N 12th St

3356A N 12th St

3350 N 25th St

Gorman Homes

4640 W Scranton Pl

3355 N 28th St

2146 N 35th St

3735 N 9th St

Total Monthly Price
1833 N 56th St, Unit A

3907AUER N 39th St
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

3567 N 13th St

3219A-Upper N 52nd St

3219 N 52nd St

2545A N 52nd St

3324 N 27th St

2876 N 26th St

Dr. Wesley Scott

CWC — Community Within the Corridor

3893 Dr. William Finlayson St

2520A W Hadley St
A Local Expert's Guide to Milwaukee: Neighborhoods, Traditions, and the Cozy Spirit of Gemütlichkeit
Uncover Milwaukee's affordable, vibrant neighborhoods and down-to-earth charm. Get a local expert's take on the city's renaissance, favorite traditions, and famous Gemütlichkeit (cozy spirit).

4522 N Teutonia Ave

4047 N 19th St.

Total Monthly Price
2911 N 9th St, Unit 2911-A

2971a N 6th St

3326 N 29th St, Unit 3326 N 29th st. LOWER

2436 N 1st St, Unit A

Park Village Apartments

Total Monthly Price
3433A N 53rd St, Unit Lovely Mother In Law available 9/1

Himount Gardens

2762 N 51st St
Check Out Milwaukee’s Best Affordable Neighborhoods
Learn about Milwaukee and the best places to live with original content written by our Local Expert Tim Brown

4442 N 37th St

4646 N 29th St

4522 W Burleigh St

2865-2867-2867 N 19th St.

2621 N 15th St

Columbia Square

1920 W Vienna Ave

2909-2911-2911 N 29th St

3045 Dr. William Finlayson St

1911 W Chambers St
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
Franklin Heights, Milwaukee, WI Local Guide

How much does it cost to rent an apartment in Franklin Heights?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Franklin Heights Studio Apartments | $937 | $820 | $1,033 |
| Franklin Heights 1 Bedroom Apartments | $1,015 | $450 | $1,795 |
| Franklin Heights 2 Bedroom Apartments | $1,251 | $627 | $2,995 |
| Franklin Heights 3 Bedroom Apartments | $1,259 | $800 | $2,200 |
| Franklin Heights 4 Bedroom Apartments | $7,390 | $1,299 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 169 rentals with your search options within a 2 mile radius of the Franklin Heights Neighborhood of Milwaukee, WI.
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Franklin Heights, Milwaukee, WI Local Guide
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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 $695. Here are the most affordable Franklin Heights apartments for rent in Milwaukee, WI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 2214-2220 W Hopkins St. (8 Unit) | 1BR/1.0BA | 1BR,1BA | $695 |
| 4603 N 29th St - 6 unit | 1BR/1.0BA | 1BR,1BA | $695 |
| Charming Move in Ready 1BR APT | 1BR/1.0BA | 1BR,1BA | $750 |
| 3866 N Port Washington Rd. - 8 Unit | 2BR/1.0BA | 2BR,1BA | $845 |
| 4047-4272 N Sherman Blvd | 1 Beds, 1 Baths | 1BR,1BA | $895 |
| Dr. Wesley Scott | 1 Bedroom | 1BR,1BA | $896 |
| CWC — Community Within the Corridor | Townsend | 1BR,1BA | $897 |
| 2675 N 52nd St | 2 Beds, 1 Baths | 2BR,1BA | $910 |
| Park Village Apartments | Studio* | Studio,1BA | $935 |
Best Value Apartments for Rent in Franklin Heights, WI
As of August 30, 2026 the best value apartment in the Franklin Heights area is the $1.17 price per square foot Live-Work Apartments Model at Bronzeville Apartments in the in the Haymarket neighborhood starting from $1,950. The second greatest value Franklin Heights apartment is the 3164 N 55th St Model at 3164 N 55th St, Unit Upper Unit starting at $1,275 with a $1.06 price per square foot in the Grasslyn Manor neighborhood. Here is today’s list of the best values for Franklin Heights apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Bronzeville Apartments | Live-Work Apartments | 3BR,2BA | $1.17 |
| 3164 N 55th St, Unit Upper Unit | 3164 N 55th St | 2BR,1BA | $1.06 |
| Columbia Square | 2 bedroom | 2BR,2BA | $0.84 |
| 2231 N 41st St | 2231 N 41st St | 3BR,1BA | $1.14 |
| 329 E Garfield Ave, Unit 1 | 329 E Garfield Ave | 2BR,1.5BA | $1.18 |
| 2911 N 9th St, Unit 2911-A | 2911 N 9th St | 2BR,1BA | $1.13 |
| 3866 N Port Washington Rd. - 8 Unit | 2BR/1.0BA | 2BR,1BA | $1.13 |
| Dr. Wesley Scott | 1 Bedroom | 1BR,1BA | $1.20 |
| 4603 N 29th St - 6 unit | 1BR/1.0BA | 1BR,1BA | $1.16 |
| 2214-2220 W Hopkins St. (8 Unit) | 1BR/1.0BA | 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.
Read ArticleReal 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.
Read ArticleQuick 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.
Pet Friendly LifestyleFranklin Heights, Milwaukee, WI
Ranked #194
Among cities in Wisconsin for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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 $1,150.
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 16 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 $434 which is $716 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

An Insider's Guide to Apartment Living Near Milwaukee's Four Employer Clusters
Written by: Tim Brown
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.

A Local Expert's Guide to Milwaukee: Neighborhoods, Traditions, and the Cozy Spirit of Gemütlichkeit
Written by: Tim Brown
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.

The Top Neighborhoods for Off-Campus Housing for Milwaukee-Area College Students
Written by: Tim Brown
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.

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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
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.