Cheap Homes for Rent in Franklin Heights Neighborhood of Milwaukee, WI from $700 (30 Rentals)

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

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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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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property at 2361 N 12th St

$895 - $995

2 Bedroom Rentals

Available Now

2361 N 12th St

MilwaukeeWI53205

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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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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Showing Results 1-30, Page 1 of 1

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. Himount Gardens has the second lowest priced unit, which is a Studio apartment currently listed from $800. Here are the most affordable Franklin Heights apartments for rent in Milwaukee, WI:

Apartment ListingModel NameBed/BathPriced From
Gorman Homes1 Bedroom1BR,1BA$774
Himount GardensEfficiency StudioStudio,1BA$800
CWC Community Within the CorridorFond Du LacStudio,1BA$854
4651 N 36th St. (12 unit)(ACE PROPERTY)2BR/1.0BA2BR,1BA$895
The Residences at ThriveOn KingOne Bedroom1BR,1BA$956
Northwood Apartments1 Bed, 1 Bath, Affordable 50%1BR,1BA$988
Park Village ApartmentsStudio*Studio,1BA$999

Best Value Apartments for Rent in Franklin Heights, WI

As of December 21, 2025 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 C Model at Parkside at Estabrook Apartments starting at $1,485 with a $1.45 price per square foot in the Estabrook Park 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
Parkside at Estabrook ApartmentsC2BR,2BA$1.45
Bay Village Townhomes2 Bedroom, 1 Bath2BR,1BA$1.50
5135 N 31st St, Unit A5135 N 31st St3BR,1BA$1.22
3210 N Richards St, Unit 32103210 N Richards St2BR,1BA$1.16
4651 N 36th St. (12 unit)(ACE PROPERTY)2BR/1.0BA2BR,1BA$1.12
The Residences at ThriveOn KingOne Bedroom1BR,1BA$1.33
401 E Lloyd St, Unit 401401 E Lloyd St2BR,1BA$1.00
Gorman Homes1 Bedroom1BR,1BA$1.16
Park Village ApartmentsStudio*Studio ,1BA$1.78

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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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 #210

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 Franklin Heights

What type of rentals are currently available in Franklin Heights?

There are currently 375 Apartments for Rent in Franklin Heights, WI with pricing that ranges from $513 to $2,895. There are also 68 Single Family Homes for rent, Condos, and Townhome rentals currently available in Franklin Heights ranging from $775 to $2,800.

What is the current price range for Rental Homes in Franklin Heights?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Franklin Heights ranges from $775 to $2,800 with an average monthly rent of $1,374.

How much are larger Three and Four Bedroom Rentals in Franklin Heights?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Franklin Heights range from $750 to $2,195, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $2,295. Four Bedroom Single-Family rentals are also available starting from $1,150 and Four Bedroom Apartments start at $870.

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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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!