Cheap Apartments for Rent in the Historic Third Ward Neighborhood of Milwaukee, WI from $1,100 (34 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Historic Third Ward area of Milwaukee.

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Corcoran Lofts
Studio Apartments

Corcoran Lofts

444 E Corcoran AveMilwaukee, WI 53202
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213 Broadway
1 Bedroom Apartments

213 Broadway

213 N BroadwayMilwaukee, WI 53202
  • Utilities Included
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W Pointe Lofts
1 Bedroom Apartments

W Pointe Lofts

235 S 2nd StMilwaukee, WI 53204

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

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Beam House
1 to 2 Bedroom Apartments

Beam House

222 Freshwater WayMilwaukee, WI 53204
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333 Water
Studio to 3 Bedroom Apartments

333 Water

333 N Water StMilwaukee, WI 53202
Showing Results 1-34, Page 1 of 1

Historic Third Ward, Milwaukee, WI Local Guide

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 Maxwell Lofts priced from $1,145. Juneau Village Towers has the second lowest priced unit, which is a Studio apartment currently listed from $1,195. Here are the most affordable Historic Third Ward apartments for rent in Milwaukee, WI:

Apartment ListingModel NameBed/BathPriced From
Maxwell LoftsGradientStudio,1BA$1,145
Juneau Village TowersStudio - RenovatedStudio,1BA$1,195
Yankee Hill1 Bed 1 Bath (1B1B)1BR,1BA$1,390
Castings Place ApartmentsType A1BR,1BA$1,475
The YardsB81BR,1BA$1,550
The Quin1C1BR,1BA$1,570
Riverview LoftsUnit 3041BR,1BA$1,575
EvoniMendotaStudio,1BA$1,579
Boston Lofts1 Bed - 1 Bath1BR,1BA$1,625
Elevation 1659The Wicklow1BR,1BA$1,695

Best Value Apartments for Rent in Historic Third Ward, WI

As of June 04, 2025 the best value apartment in the Historic Third Ward area is the $2.10 price per square foot C1 - 3 Bed, 2.5 Bath Townhome Model at 321 Jefferson in the in the Haymarket neighborhood starting from $3,995. The second greatest value Historic Third Ward apartment is the 202, 302, 402 Model at Mitchell On Water starting at $3,780 with a $2.05 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 ListingModel NameBed/BathPrice Per Sq.Ft.
321 JeffersonC1 - 3 Bed, 2.5 Bath Townhome3BR,2.5BA$2.10
Mitchell On Water202, 302, 4022BR,2.5BA$2.05
Pritzlaff Lofts2022BR,1BA$1.75
Teweles Seed Tower Apartments2 Bed / 2 Bath2BR,2BA$1.61
Atelier Apartments2291-1E1BR,1BA$2.00
Gaslight & Corcoran Lofts1F1BR,1BA$1.99
Jefferson Block Apartments1 Bed / 1 Bath + Den - 972 SF1BR,1BA$1.94
Boston Lofts1 Bed - 1 Bath1BR,1BA$1.69
Yankee Hill1 Bed 1 Bath (1BXL)1BR,1BA$2.07
Castings Place ApartmentsType A1BR,1BA$1.97

Quick Rent Budget Calculator

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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.

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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!

Getting Around the Historic Third Ward Neighborhood in Milwaukee, WI

Walk Score®

89 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

85 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

67 / 100

Good Transit

Many nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Historic Third Ward Apartments

What is the Cheapest Studio apartment in Historic Third Ward?

Currently the most affordable Cheap Studio Apartment in Historic Third Ward is at Juneau Village Towers listed at $1,195.

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 $1,390 at Yankee Hill.

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 $1,750 at Yankee Hill.

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 Brix Apartment Lofts and starts from $2,895.

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.

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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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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.

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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.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

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If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.