
Cheap Homes for Rent in Franklin Heights Neighborhood of Milwaukee, WI from $600 (20 Rentals)
Search the lowest-cost Homes available for rent right now in the Franklin Heights area of Milwaukee.


1835 N 2nd St, Unit 28

2862 N 21st St, Unit Upper

3907A N 24th St

1835 N 2nd St, Unit 30

1835 N 2nd St, Unit 9
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

1835 N 2nd St, Unit 29

1835 N 2nd St, Unit 25

3747-49 N 16th St

2875 N 25th St

3012-3012A N 13th

2436 N 1st St, Unit A
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.

2438 N 1st St

2536 N Richards St, Unit 1st floor

2605 W Victory Ln, Unit Apt

3019-21 N 9th St

2821 N 57th St

2119 W Brown St
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.

2121 W Brown St

2530 N 37th 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 | $1,206 | $775 | $1,895 |
| Franklin Heights 3 Bedroom Homes for Rent | $1,554 | $900 | $3,248 |
| Franklin Heights 4 Bedroom Homes for Rent | $1,846 | $975 | $3,000 |
| Franklin Heights 7 Bedroom Homes for Rent | $3,175 | $3,175 | $3,175 |
Browse Homes for Rent in this Neighborhood
There are currently 20 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 Apartments for Rent
 The cheapest available apartment rental in the Franklin Heights area of Milwaukee, WI is a 1 Bed unit found at 2214-2220 W Hopkins St. (8 Unit) priced from $695. Bishops Creek Family Housing has the second lowest priced unit, which is a 1 Bed apartment currently listed from $704. Here are the most affordable Franklin Heights apartments for rent in Milwaukee, WI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 2214-2220 W Hopkins St. (8 Unit) | 1BR/1.0BA | 1BR,1BA | $695 |
| Bishops Creek Family Housing | 1x1 | 1BR,1BA | $704 |
| 4720 N 37th St. (8 Unit) | 1BR/1.0BA | 1BR,1BA | $845 |
| Park Village Apartments | Studio* | Studio,1BA | $935 |
| Columbia Square | 3 bedroom | 3BR,2BA | $976 |
Best Value Apartments for Rent in Franklin Heights, WI
As of June 21, 2026 the best value apartment in the Franklin Heights area is the $0.47 price per square foot 3758 N 41st St Model at 3758 N 41st St, Unit 1 in the in the Grasslyn Manor neighborhood starting from $1,000. The second greatest value Franklin Heights apartment is the 2457 N 1st St Model at 2457 N 1st St, Unit front rear unit 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 3758 N 41st St, Unit 1 | 3758 N 41st St | 1BR,1BA | $0.47 |
| 2457 N 1st St, Unit front rear unit | 2457 N 1st St | 2BR,1BA | $0.60 |
| CWC — Community Within the Corridor | Locust | 3BR,2BA | $0.98 |
| The Residences at ThriveOn King | Three Bedroom | 3BR,2BA | $1.34 |
| Columbia Square | 2 bedroom | 2BR,2BA | $0.84 |
| 3261-3263 N 26th St, Unit Upper | 3261-3263 N 26th St | 3BR,1BA | $1.13 |
| 2658 N 57th St, Unit 2nd Floor | 2658 N 57th St | 2BR,1BA | $1.11 |
| 2911 N 9th St, Unit 2911-A | 2911 N 9th St | 2BR,1BA | $1.13 |
| Bishops Creek Family Housing | 1x1 | 1BR,1BA | $1.02 |
| 2214-2220 W Hopkins St. (8 Unit) | 1BR/1.0BA | 1BR,1BA | $1.31 |
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 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 #206
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 397 Apartments for Rent in Franklin Heights, WI with pricing that ranges from $560 to $36,000. There are also 77 Single Family Homes for rent, Condos, and Townhome rentals currently available in Franklin Heights ranging from $625 to $3,248.
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 $3,248 with an average monthly rent of $1,721.
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 $2,200, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $3,248. Four Bedroom Single-Family rentals are also available starting from $975 and Four Bedroom Apartments start at $895.
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

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.

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.

A Local Experts 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.

An Insiders 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.
Articles, How-To's, and Tips

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
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Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.