
Cheap Homes for Rent in the Franklin Heights Neighborhood of Milwaukee, WI from $625 (19 Rentals)
Search the lowest-cost Homes available for rent right now in the Franklin Heights area of Milwaukee.


3907A N 24th St

2955 N 17th St

1340 W Atkinson Ave

3844 N 24th Pl

616 W Chambers St
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4645-4647 W Fond du Lac Ave

2971 N 6th St

3007 N 24th Pl

2551 N 23rd St

2857 N 2nd St

2724 N Palmer St
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4572 N 38th St

2969 N 48th St

3908 N 6th St

3747 N 16th St

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

1304 W Ring St
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2741 N 25th St
Franklin Heights, Milwaukee, WI Local Guide

How much does it cost to rent a home in Franklin Heights?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Franklin Heights 2 Bedroom Homes for Rent | $1,136 | $775 | $1,650 |
| Franklin Heights 3 Bedroom Homes for Rent | $1,480 | $900 | $2,950 |
| Franklin Heights 4 Bedroom Homes for Rent | $1,865 | $1,250 | $2,395 |
| Franklin Heights 5 Bedroom Homes for Rent | $2,300 | $2,300 | $2,300 |
| Franklin Heights 7 Bedroom Homes for Rent | $3,475 | $3,475 | $3,475 |
Browse Homes for Rent in this Neighborhood
There are currently 19 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 Homes for Rent
 The cheapest available rental home in the Franklin Heights area of Milwaukee, WI is a 2 Beds home found at 2907#2909 North 44th Street, 53210; #1588012 - 1588012 priced from $1,159. 4139 N 22nd St has the second lowest priced home, which is a 4 Beds rental home currently listed from $1,250. Here are the most affordable Franklin Heights homes for rent in Milwaukee, WI:
| Home Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 2907#2909 North 44th Street, 53210; #1588012 - 1588012 | 2907#2909 North 44th Street, 53210; #1588012 - 1588012 | 2BR, 1BA | $1,159 |
| 4139 N 22nd St | 4139 N 22nd St | 4BR, 2BA | $1,250 |
| 5382 W Leon Terrace | 5382 W Leon Terrace | 3BR, 1BA | $1,560 |
| 128 E Lloyd St | 128 E Lloyd St | 2BR, 1BA | $1,650 |
Best Value Homes for Rent in Franklin Heights, WI
As of September 22, 2026 the best value rental home in the Franklin Heights area is the $0.61 price per square foot 4139 N 22nd St Model at 4139 N 22nd St in the Far North Side neighborhood starting from $1,250. The second greatest value Franklin Heights rental home is the 2767 N 46th St Model at 2767 N 46th St in the Grasslyn Manor neighborhood starting at $2,395 with a $1.35 price per square foot. Here is today’s list of the best values for Franklin Heights homes based on price per square foot:
| Home Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 4139 N 22nd St | 4139 N 22nd St | 4BR, 2BA | $0.61 |
| 2767 N 46th St | 2767 N 46th St | 4BR, 1.5BA | $1.35 |
| 3122 N 42nd St | 3122 N 42nd St | 3BR, 1BA | $1.13 |
| 2907#2909 North 44th Street, 53210; #1588012 - 1588012 | 2907#2909 North 44th Street, 53210; #1588012 - 1588012 | 2BR, 1BA | $0.94 |
| 2856 N 47th St | 2856 N 47th St | 3BR, 1BA | $1.18 |
| 4159 N 20th St | 4159 N 20th St | 3BR, 2BA | $2.00 |
| 5382 W Leon Terrace | 5382 W Leon Terrace | 3BR, 1BA | $1.60 |
| 128 E Lloyd St | 128 E Lloyd St | 2BR, 1BA | $1.71 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
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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 #219
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 Franklin Heights
What type of rentals are currently available in Franklin Heights?
There are currently 435 Apartments for Rent in Franklin Heights, WI with pricing that ranges from $560 to $36,000. There are also 97 Single Family Homes for rent, Condos, and Townhome rentals currently available in Franklin Heights ranging from $625 to $3,475.
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 $625 to $3,475 with an average monthly rent of $1,425.
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 $800 to $2,600, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $2,950. Four Bedroom Single-Family rentals are also available starting from $1,250 and Four Bedroom Apartments start at $1,095.
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

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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.

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Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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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.