Cheap Apartments for Rent in the Franklin Heights Neighborhood of Milwaukee, WI from $400 (20 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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The Griot Apartments
1 to 3 Bedroom Apartments

The Griot Apartments

2235 N Vel R. Phillips AveMilwaukee, WI 53212
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4446 N 28th St
Studio to 2 Bedroom Apartments

4446 N 28th St

4446 N 28th StMilwaukee, WI 53209
  • Utilities Included

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Pine Tree Apartments
1 Bedroom Apartments

Pine Tree Apartments

4903 N 39th StMilwaukee, WI 53209
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Lisbon Adlon Apartments
Studio to 2 Bedroom Apartments

Lisbon Adlon Apartments

4315 W Lisbon AveMilwaukee, WI 53208
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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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C.G. Robinson Terrace
1 Bedroom Apartments

C.G. Robinson Terrace

2020 N 15th StMilwaukee, WI 53205
Senior Living
  • Utilities Included

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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Parkhill Apartments
1 to 2 Bedroom Apartments

Parkhill Apartments

535 W Concordia AveMilwaukee, WI 53212
Senior Living
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Brewer's Hill
Studio Apartments

Brewer's Hill

1835 N 2nd StMilwaukee, WI 53212
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Park Hill Family
2 to 3 Bedroom Apartments

Park Hill Family

540 W Ring StMilwaukee, WI 53212

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.

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 Gorman Homes priced from $774. CWC Community Within the Corridor has the second lowest priced unit, which is a Studio apartment currently listed from $854. Here are the most affordable Franklin Heights apartments for rent in Milwaukee, WI:

Apartment ListingModel NameBed/BathPriced From
Gorman Homes1 Bedroom1BR,1BA$774
CWC Community Within the CorridorFond Du LacStudio,1BA$854
Himount Gardens1 BR w/Eat-in Kitchen1BR,1BA$900
Columbia Square1 Bed, 1 bath1BR,1BA$900
Park Village ApartmentsStudio*Studio,1BA$985

Best Value Apartments for Rent in Franklin Heights, WI

As of January 15, 2026 the best value apartment in the Franklin Heights area is the $1.04 price per square foot 3352 N Richards St Model at 3352 N Richards St in the in the Brewer's Hill neighborhood starting from $1,250. The second greatest value Franklin Heights apartment is the 4370 N 28th St Model at 4370 N 28th St, Unit Upper starting at $1,150 with a $0.96 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 ListingModel NameBed/BathPrice Per Sq.Ft.
3352 N Richards St3352 N Richards St2BR,1BA$1.04
4370 N 28th St, Unit Upper4370 N 28th St2BR,1BA$0.96
Columbia Square1 Bed, 1 bath1BR,1BA$0.77
3261-3263 N 26th St, Unit down3261-3263 N 26th St2BR,1BA$1.04
4900 N 40th St4900 N 40th St3BR,1BA$1.24
Bay Village Townhomes2 Bedroom, 1 Bath2BR,1BA$1.50
3935 N 13th St, Unit Lower3935 N 13th St2BR,1BA$0.99
4758 N 19th Pl4758 N 19th Pl2BR,1BA$1.09
3210 N Richards St, Unit 32103210 N Richards St2BR,1BA$1.16
Gorman Homes1 Bedroom1BR,1BA$1.16

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

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 #214

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 Cheap Franklin Heights Apartments

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

The cheapest apartment in Franklin Heights is Gorman Homes which is listed at $774, while the average apartment in Franklin Heights costs $1,343.

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 $549 which is $794 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.

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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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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.