Cheap Homes for Rent in Franklin Heights Neighborhood of Milwaukee, WI from $600 (45 Rentals)

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

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property at 4770 N 30th St

4770 N 30th St

MilwaukeeWI53209

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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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 2 Beds unit found at MLK Library Apartments priced from $667. Gorman Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $774. Here are the most affordable Franklin Heights apartments for rent in Milwaukee, WI:

Apartment ListingModel NameBed/BathPriced From
MLK Library Apartments2x1-V2BR,1BA$667
Gorman Homes1 Bedroom1BR,1BA$774
Brewer's HillStudioStudio,1BA$775
Dr. Wesley Scott1 Bedroom1BR,1BA$896
The Residences at ThriveOn KingOne Bedroom1BR,1BA$956
Park Village ApartmentsStudio*Studio,1BA$985
Rooted & Rising Apartments & TownhomesTownhome3BR,2BA$1,050

Best Value Apartments for Rent in Franklin Heights, WI

As of August 04, 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 1752 N 56th St Model at 1752 N 56th St, Unit 2 starting at $1,850 with a $1.03 price per square foot in the West Side 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
1752 N 56th St, Unit 21752 N 56th St2BR,2BA$1.03
2869 N 21st St, Unit lower2869 N 21st St2BR,1BA$0.74
2457 N 1st St, Unit front back2457 N 1st St1BR,1BA$0.60
2115 N 52nd St, Unit 21152115 N 52nd St3BR,1BA$1.10
106 W Keefe Ave, Unit 4106 W Keefe Ave2BR,1BA$1.08
106-108 W Keefe Ave, Unit Rear Upper106-108 W Keefe Ave2BR,1BA$0.92
2550 N 45th St2550 N 45th St3BR,1BA$1.00
3702 N 15th St, Unit Upper3702 N 15th St3BR,1BA$1.08
4651 N 36th St. (12 unit)(ACE PROPERTY)2BR/1.0BA2BR,1BA$0.98

Quick Rent Budget Calculator

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Frequently Asked Questions about Franklin Heights

What type of rentals are currently available in Franklin Heights?

There are currently 365 Apartments for Rent in Franklin Heights, WI with pricing that ranges from $513 to $4,000. There are also 102 Single Family Homes for rent, Condos, and Townhome rentals currently available in Franklin Heights ranging from $600 to $2,400.

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 $600 to $2,400 with an average monthly rent of $1,473.

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 $2,250, while Three Bedroom Homes, Condos, and Townhomes for rent range from $925 to $2,400. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $870.

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 Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.