Cheap Apartments for Rent in the Franklin Heights Neighborhood of Milwaukee, WI from $400 (59 Rentals)

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

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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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

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The Griot Apartments
1 to 3 Bedroom Apartments

The Griot Apartments

2235 N Vel R. Phillips AveMilwaukee, WI 53212
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Pine Tree Apartments
1 Bedroom Apartments

Pine Tree Apartments

4903 N 39th StMilwaukee, WI 53209
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4446 N 28th St
2 Bedroom Apartments

4446 N 28th St

4446 N 28th StMilwaukee, WI 53209
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227-235 E Townsend St
1 Bedroom Apartments

227-235 E Townsend St

227-235 E Townsend StMilwaukee, WI 53212
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Historic Garfield
1 to 3 Bedroom Apartments

Historic Garfield

2215 N Vel R. Phillips AveMilwaukee, WI 53212
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C.G. Robinson Terrace
1 Bedroom Apartments

C.G. Robinson Terrace

2020 N 15th StMilwaukee, WI 53205
Senior Living
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Parkhill Apartments
1 Bedroom Apartments

Parkhill Apartments

535 W Concordia AveMilwaukee, WI 53212
Senior Living
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 The Residences at ThriveOn King priced from $525. CWC — Community Within the Corridor has the second lowest priced unit, which is a 4 Beds apartment currently listed from $676. Here are the most affordable Franklin Heights apartments for rent in Milwaukee, WI:

Apartment ListingModel NameBed/BathPriced From
The Residences at ThriveOn KingOne Bedroom Loft1BR,1BA$525
CWC — Community Within the CorridorCenter4BR,2BA$676
Gorman Homes1 Bedroom1BR,1BA$774
Dr. Wesley Scott1 Bedroom1BR,1BA$824
Himount GardensStudioStudio,1BA$830

Best Value Apartments for Rent in Franklin Heights, WI

As of May 29, 2025 the best value apartment in the Franklin Heights area is the $0.53 price per square foot Townhome Model at Rooted & Rising Apartments & Townhomes in the in the Grasslyn Manor neighborhood starting from $1,050. The second greatest value Franklin Heights apartment is the 2457 N 1st St Model at 2457 N 1st St, Unit front back 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.
Rooted & Rising Apartments & TownhomesTownhome3BR,2.5BA$0.53
2457 N 1st St, Unit front back2457 N 1st St1BR,1BA$0.60
2927 N 52nd St, Unit #A2927 N 52nd St2BR,1BA$0.80
2970 N 37th St, Unit 2970 N 37th Street2970 N 37th St3BR,1BA$0.92
Columbia Square1 Bed, 1 bath1BR,1BA$0.77
3261-3263 N 26th St, Unit Up3261-3263 N 26th St2BR,1BA$1.09
2944 N 7th St, Unit 2944A N 7th St. Upper2944 N 7th St2BR,1BA$0.90
2831 W Capitol Dr, Unit 12831 W Capitol Dr1BR,1BA$0.88
418 W Keefe Ave, Unit Upper418 W Keefe Ave2BR,1BA$1.03
2911 N 9th St, Unit 2911-A2911 N 9th St2BR,1BA$1.09

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Franklin Heights, Milwaukee, WI

Ranked #219

Among neighborhoods in Milwaukee, WI 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

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 a cheap apartment in Franklin Heights?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Franklin Heights is under $830.

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

The cheapest apartment in Franklin Heights is The Residences at ThriveOn King which is listed at $525, while the average apartment in Franklin Heights costs $1,725.

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 20 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 $648 which is $1,077 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.

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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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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.