
Cheap Homes for Rent in Historic Third Ward Neighborhood of Milwaukee, WI from $2,700 (2 Rentals)
Search the lowest-cost Homes available for rent right now in the Historic Third Ward area of Milwaukee.

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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.

413 N 2nd St, Unit 310
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.
Historic Third Ward, Milwaukee, WI Local Guide

How much does it cost to rent a home in Historic Third Ward?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Historic Third Ward 2 Bedroom Homes for Rent | $2,800 | $2,800 | $2,800 |
Historic Third Ward 3 Bedroom Homes for Rent | $3,422 | $3,095 | $3,750 |
Browse Homes for Rent in this Neighborhood
There are currently 2 rentals with your search options within a 2 mile radius of the Historic Third Ward Neighborhood of Milwaukee, WI.
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Best Value Apartments for Rent in Historic Third Ward, WI
As of July 27, 2025 the best value apartment in the Historic Third Ward area is the $2.00 price per square foot C1 - 3 Bed, 2.5 Bath Townhome Model at 321 Jefferson in the in the Haymarket neighborhood starting from $3,795. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
321 Jefferson | C1 - 3 Bed, 2.5 Bath Townhome | 3BR,2.5BA | $2.00 |
Mitchell On Water | 202, 302, 402 | 2BR,2.5BA | $2.05 |
Pritzlaff Lofts | 202 | 2BR,1BA | $1.71 |
Teweles Seed Tower Apartments | 3 Bed / 2 Bath | 3BR,2BA | $1.95 |
Atelier Apartments | 2291-1E | 1BR,1BA | $1.71 |
Brix Apartment Lofts | Three Bedroom D1 | 3BR,2BA | $2.28 |
Mayer MKE | 11 | 1BR,1BA | $2.00 |
Jackson Square Apartments | Jackson Square - D | 1BR,1.5BA | $2.12 |
Jefferson Block Apartments | 1 Bed / 1 Bath - 798 SF | 1BR,1BA | $2.25 |
Castings Place Apartments | Type A | 1BR,1BA | $1.97 |
Frequently Asked Questions about Historic Third Ward
What type of rentals are currently available in Historic Third Ward?
There are currently 63 Apartments for Rent in Historic Third Ward, WI with pricing that ranges from $1,250 to $6,527. There are also 4 Single Family Homes for rent, Condos, and Townhome rentals currently available in Historic Third Ward ranging from $2,700 to $3,750.
What is the current price range for Rental Homes in Historic Third Ward?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Historic Third Ward ranges from $2,700 to $3,750 with an average monthly rent of $2,974.
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.

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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.

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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.