
Cheap Apartments for Rent in the Historic Third Ward Neighborhood of Milwaukee, WI from $1,200 (36 Rentals)
Search the lowest-cost Apartments available for rent right now in the Historic Third Ward area of Milwaukee.


Maxwell Lofts

The Yards

The Quin

Gaslight & Corcoran Lofts

Teweles Seed Tower Apartments

Brix Apartment Lofts

239 E Chicago St

Jefferson Block Apartments
An Insider's Guide to Apartment Living Near Milwaukee's Four Employer Clusters
Discover Milwaukee apartment living from Downtown lofts to affordable suburban homes. We detail neighborhoods near the four major employment hubs: urban, leafy, and everything in between.

Building 6 Apartments

Chicago Street Lofts

Serif MKE

Cream City Lofts

234 N Broadway, Unit 614

Total Monthly Price
Evoni

DoMUS Apartments

Bridgeview Apartments

Jackson Square Apartments
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

InterLace Lofts

Mayer MKE

321 Jefferson

Castings Place Apartments

The Artisan Lofts Apartments

Oregon Apartments

Riverview Lofts

234 N Broadway

Timber Lofts MKE
A Local Expert's Guide to Milwaukee: Neighborhoods, Traditions, and the Cozy Spirit of Gemütlichkeit
Uncover Milwaukee's affordable, vibrant neighborhoods and down-to-earth charm. Get a local expert's take on the city's renaissance, favorite traditions, and famous Gemütlichkeit (cozy spirit).

413 N 2nd St, Unit 590

130 S Water St

Pritzlaff Lofts

Broadway Market Lofts

333-339 N Broadway

Corcoran Lofts

W Pointe Lofts

333 Water

Beam House
Check Out Milwaukee’s Best Affordable Neighborhoods
Learn about Milwaukee and the best places to live with original content written by our Local Expert Tim Brown
Historic Third Ward, Milwaukee, WI Local Guide

How much does it cost to rent an apartment in Historic Third Ward?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Historic Third Ward Studio Apartments | $1,756 | $1,460 | $2,751 |
| Historic Third Ward 1 Bedroom Apartments | $2,096 | $1,300 | $4,371 |
| Historic Third Ward 2 Bedroom Apartments | $2,979 | $1,800 | $6,534 |
| Historic Third Ward 3 Bedroom Apartments | $4,600 | $2,700 | $6,734 |
| Historic Third Ward 4 Bedroom Apartments | $3,250 | $3,250 | $3,250 |
Browse Apartments in this Neighborhood
There are currently 36 rentals with your search options within a 2 mile radius of the Historic Third Ward Neighborhood of Milwaukee, WI.
See all Apartments in MilwaukeeExplore Milwaukee
Historic Third Ward, Milwaukee, WI Local Guide
- Nearby Milwaukee neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Historic Third Ward Apartments for Rent
 The cheapest available apartment rental in the Historic Third Ward area of Milwaukee, WI is a Studio unit found at The Quin priced from $1,475. Teweles Seed Tower Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,575. Here are the most affordable Historic Third Ward apartments for rent in Milwaukee, WI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Quin | 0B | Studio,1BA | $1,475 |
| Teweles Seed Tower Apartments | 1 Bed / 1 Bath | 1BR,1BA | $1,575 |
| 239 E Chicago St | One Bedroom | 1BR,1BA | $1,600 |
| Chicago Street Lofts | Floor Plan 06 | 1BR,1BA | $1,700 |
| Evoni | Mendota | Studio,1BA | $1,795 |
| Castings Place Apartments | Type E | 2BR,2BA | $2,000 |
| The Yards | C6 | 2BR,2BA | $2,260 |
| Timber Lofts MKE | 2A | 2BR,1BA | $2,350 |
| Maxwell Lofts | Luxury Two Bedroom P4 | 2BR,2BA | $2,391 |
| Cream City Lofts | B | 2BR,2BA | $2,495 |
Best Value Apartments for Rent in Historic Third Ward, WI
As of July 30, 2026 the best value apartment in the Historic Third Ward area is the $2.06 price per square foot 2291-1M Model at Atelier Third Ward Apartments in the in the Haymarket neighborhood starting from $4,295. The second greatest value Historic Third Ward apartment is the 2 Bed / 1.5 Bath + Den - 1,670 SF Model at Jefferson Block Apartments starting at $2,836 with a $1.70 price per square foot in the Haymarket neighborhood. Here is today’s list of the best values for Historic Third Ward apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Atelier Third Ward Apartments | 2291-1M | 2BR,1BA | $2.06 |
| Jefferson Block Apartments | 2 Bed / 1.5 Bath + Den - 1,670 SF | 2BR,1.5BA | $1.70 |
| Cream City Lofts | B | 2BR,2BA | $1.65 |
| Historic Fifth Ward Lofts | 3BR/2.0BA | 3BR,2BA | $1.79 |
| Castings Place Apartments | Type E | 2BR,2BA | $1.78 |
| Maxwell Lofts | Luxury Two Bedroom P4 | 2BR,2BA | $2.18 |
| The Yards | C6 | 2BR,2BA | $2.18 |
| Timber Lofts MKE | 2A | 2BR,1BA | $2.37 |
| Chicago Street Lofts | Floor Plan 06 | 1BR,1BA | $1.88 |
| Teweles Seed Tower Apartments | 1 Bed / 1 Bath | 1BR,1BA | $2.24 |
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 LifestyleHistoric Third Ward, Milwaukee, WI
Ranked #47
Among cities in Wisconsin for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals in areas across the United States and customized analysis for Central Milwaukee. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including searching for the best amenities, and the best proximity to parks and outdoor amenities, transit availability, pet-friendly communities, features that make it easier to raise kids, in addition to floorplans, availablity, and pricing. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Historic Third Ward Apartments
How much is rent for a Cheap One Bedroom Historic Third Ward Apartment?
The lowest price for a Cheap One Bedroom Historic Third Ward Apartment is $1,392 at Maxwell Lofts.
What is the lowest price for a Cheap Two Bedroom Historic Third Ward Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Historic Third Ward is starting from $1,900 at Teweles Seed Tower Apartments.
What is the most affordable Historic Third Ward Three Bedroom Apartment?
The best deal on a cheap Historic Third Ward Three Bedroom Apartment rental is at Historic Fifth Ward Lofts and starts from $2,700.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
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.