
Cheap Homes for Rent in Franklin Heights Neighborhood of Milwaukee, WI from $700 (21 Rentals)
Search the lowest-cost Homes available for rent right now in the Franklin Heights area of Milwaukee.


2148 N 29th St
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.

1037 W Wright St

3743 N Port Washington Ave

3858-60 N 14th St

3822 N 27th St

3244 N 1st St

1911 W Fairmount Ave

3180 N 15th St

2955 N 17th St

2548 N 38th St
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.

2701 N 39th St

2457 N 1st St, Unit upper front

3151 N 11th St

3345 N Richards St

2721-2723-2723 N 20th St

3721 N 2nd St
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.
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 | $1,144 | $750 | $1,800 |
Franklin Heights 3 Bedroom Homes for Rent | $1,497 | $1,050 | $2,895 |
Franklin Heights 4 Bedroom Homes for Rent | $1,979 | $1,295 | $2,800 |
Franklin Heights 5 Bedroom Homes for Rent | $1,875 | $1,800 | $1,950 |
Browse Homes for Rent in this Neighborhood
There are currently 21 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 The Residences at ThriveOn King priced from $525. CWC Community Within the Corridor has the second lowest priced unit, which is a 4 Beds apartment currently listed from $676. Here are the most affordable Franklin Heights apartments for rent in Milwaukee, WI:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Residences at ThriveOn King | One Bedroom Loft | 1BR,1BA | $525 |
CWC Community Within the Corridor | Center | 4BR,2BA | $676 |
Gorman Homes | 1 Bedroom | 1BR,1BA | $774 |
Himount Gardens | Studio | Studio,1BA | $830 |
Park Village Apartments | Studio* | Studio,1BA | $985 |
Best Value Apartments for Rent in Franklin Heights, WI
As of June 12, 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 2457 N 1st St Model at 2457 N 1st St, Unit front back 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. |
---|---|---|---|
Rooted & Rising Apartments & Townhomes | Townhome | 3BR,2.5BA | $0.53 |
2457 N 1st St, Unit front back | 2457 N 1st St | 1BR,1BA | $0.60 |
2970 N 37th St, Unit 2972 N 37th Street | 2970 N 37th St | 3BR,1BA | $0.71 |
Bay Village Townhomes | 2 Bedroom, 2 Bath | 2BR,2BA | $1.19 |
106-108 W Keefe Ave, Unit 4 | 106-108 W Keefe Ave | 3BR,1BA | $1.08 |
3261-3263 N 26th St, Unit Up | 3261-3263 N 26th St | 2BR,1BA | $1.09 |
2967 N Richards St, Unit Upper Duplex | 2967 N Richards St | 4BR,1BA | $1.18 |
1945 N 5th St, Unit 4 | 1945 N 5th St | 1BR,1BA | $0.92 |
3529 N 25th St, Unit Upper unit | 3529 N 25th St | 2BR,1BA | $1.11 |
Gorman Homes | 1 Bedroom | 1BR,1BA | $1.16 |
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 368 Apartments for Rent in Franklin Heights, WI with pricing that ranges from $525 to $4,913. There are also 67 Single Family Homes for rent, Condos, and Townhome rentals currently available in Franklin Heights ranging from $750 to $2,895.
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 $2,895 with an average monthly rent of $1,623.
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 $4,913, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,050 to $2,895. Four Bedroom Single-Family rentals are also available starting from $1,295 and Four Bedroom Apartments start at $676.
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.

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.

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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.