Cheap Homes for Rent in Franklin Heights Neighborhood of Milwaukee, WI from $700 (50 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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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 2214-2220 W Hopkins St. (8 Unit) priced from $695. Brewer's Hill has the second lowest priced unit, which is a Studio apartment currently listed from $710. Here are the most affordable Franklin Heights apartments for rent in Milwaukee, WI:

Apartment ListingModel NameBed/BathPriced From
2214-2220 W Hopkins St. (8 Unit)1BR/1.0BA1BR,1BA$695
Brewer's HillEfficiencyStudio,1BA$710
Gorman Homes1 Bedroom1BR,1BA$774
The Residences at ThriveOn KingOne Bedroom1BR,1BA$956
Himount GardensEast Courtyard1BR,1BA$960
Bishops Creek Family Housing2x12BR,1BA$976

Best Value Apartments for Rent in Franklin Heights, WI

As of October 15, 2025 the best value apartment in the Franklin Heights area is the $0.60 price per square foot 2457 N 1st St Model at 2457 N 1st St, Unit front rear unit in the in the Haymarket neighborhood starting from $900. The second greatest value Franklin Heights apartment is the 2634 N 24th St Model at 2634 N 24th St, Unit Lower starting at $950 with a $0.79 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 ListingModel NameBed/BathPrice Per Sq.Ft.
2457 N 1st St, Unit front rear unit2457 N 1st St2BR,1BA$0.60
2634 N 24th St, Unit Lower2634 N 24th St2BR,1BA$0.79
4650 N 39th St, Unit 39th Street4650 N 39th St2BR,1BA$0.89
4370 N 28th St, Unit Upper4370 N 28th St2BR,1BA$0.96
315 E Garfield Ave, Unit Upper315 E Garfield Ave2BR,1BA$1.08
3352 N Richards St3352 N Richards St2BR,1BA$1.04
433 E Lloyd St, Unit 433 Lower433 E Lloyd St2BR,1BA$1.16
1945 N Dr William Finlayson St, Unit 41945 N Dr William Finlayson St1BR,1BA$1.06
4059 N 7th St, Unit 14059 N 7th St1BR,1BA$1.05
Gorman Homes1 Bedroom1BR,1BA$1.16

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Pet Friendly Lifestyle
Franklin Heights, Milwaukee, WI

Ranked #180

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 $2,900. There are also 93 Single Family Homes for rent, Condos, and Townhome rentals currently available in Franklin Heights ranging from $750 to $2,300.

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 $750 to $2,300 with an average monthly rent of $1,389.

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 $2,850, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $2,300. Four Bedroom Single-Family rentals are also available starting from $1,495 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.

decorative image for Finding The Best Affordable Milwaukee Neighborhoods to Rent article

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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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.