Cheap Homes for Rent in Milwaukee, WI from $675 (185 Rentals)

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Search the lowest-cost Homes available for rent right now in Milwaukee.

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.

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property at 1569 S 10th St

$758 - $867

1 Bedroom Rentals

Available Now

1569 S 10th St

MilwaukeeWI53204

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.

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property at 2436 N 1st St

$925

Total Monthly Price

Total Monthly Price

Base Rent
$925
Total Monthly Price
$925

1 Bedroom, 1 Bath Condo for Rent

Available Now

2436 N 1st St, Unit A

2436 N 1st St
MilwaukeeWI53212
property at 612 W Wisconsin Ave

$945

Total Monthly Price

Total Monthly Price

Base Rent
$945
Total Monthly Price
$945

Studio, 1 Bath Condo for Rent

Available Now

612 W Wisconsin Ave, Unit 2

612 W Wisconsin Ave
MilwaukeeWI53203
property at 2762 N 51st St

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950
Total Monthly Price
$950

2 Bedroom, 1 Bath Home for Rent

Available Now

2762 N 51st St

MilwaukeeWI53210

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).

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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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property at 3107 S 12th St

$1,000 - $2,100

1 To 3 Bedroom Rentals

Available Now

3107 S 12th St

MilwaukeeWI53215

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Showing Results 1-50, Page 1 of 4

Milwaukee, WI Local Guide

Cheapest Neighborhoods for Apartments in Milwaukee, WI

Pricing Updated: 09/01/2026

Current apartment rentals in the Milwaukee, WI area range in price from $450 to $36,000 with an overall median price of $1,612. The three Milwaukee neighborhoods with the lowest median rent pricing are Concordia at $825, Avenues West at $841, and Roosevelt Grove at $1,073. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Milwaukee Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Concordia$825$4956
Avenues West$841$67531
Roosevelt Grove$1,073$45088
Uptown Milwaukee$1,074$4509
West Side$1,076$45034
Midtown Milwaukee$1,088$80029
Saint Joseph$1,100$45031
St Josephs$1,100$8484
Menomonee River Hills$1,118$8501
Lincoln Creek$1,122$60862

Cheapest Available Milwaukee Apartments for Rent

 

The cheapest available apartment rental in Milwaukee, WI is a Studio unit found at Fairmount Apartments in the Haymarket neighborhood priced from $675. University Crossing I in the Haymarket neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $685. Here is today’s list of the most affordable Milwaukee apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Fairmount ApartmentsStudioStudio,1BA$675
University Crossing IStudioStudio,1BA$685
Capitol Hill Senior Apartments1 Bedroom 1 Bath1BR,1BA$689
2214-2220 W Hopkins St. (8 Unit)1BR/1.0BA1BR,1BA$695
4603 N 29th St - 6 unit1BR/1.0BA1BR,1BA$695
Tioga ApartmentsStudioStudio,1BA$695
Lakeside ApartmentsStudioStudio,1BA$695
McGuire FlatsStudioStudio,1BA$695
Colonial ApartmentsStudio *StandardStudio,1BA$695
Parkside Commons Senior ApartmentsOne Bedroom1BR,1BA$698

Best Value Apartments for Rent in Milwaukee, WI

As of September 02, 2026 the best value apartment in the Milwaukee area is the $0.89 price per square foot 1668 N Van Buren St Model at 1668 N Van Buren St, Unit Upper Unit in the in the Haymarket neighborhood starting from $1,950. The second greatest value Milwaukee apartment is the 1844 N 59th St Model at 1844 N 59th St, Unit 1844 N 59th St starting at $1,350 with a $0.68 price per square foot in the Grasslyn Manor neighborhood. Here is today’s list of the best values for Milwaukee apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1668 N Van Buren St, Unit Upper Unit1668 N Van Buren St3BR,1BA$0.89
1844 N 59th St, Unit 1844 N 59th St1844 N 59th St2BR,1.5BA$0.68
212 N 63rd St, Unit 212 Lower212 N 63rd St2BR,1.5BA$0.97
6009 W Lapham St, Unit 60096009 W Lapham St3BR,1BA$0.98
University Row3 Bed 1 Bath3BR,1BA$0.87
2952 N Booth St, Unit 2952 N Booth St2952 N Booth St2BR,1BA$1.00
Columbia Square2 bedroom2BR,2BA$0.84
Rivercourt Apartments2 BR/1 BA2BR,1BA$0.95
RW Apartments I and II2x12BR,1BA$0.99
Capitol Hill Senior Apartments1 Bedroom 1 Bath1BR,1BA$0.96

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.

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Real 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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Milwaukee, WI Rentals by Map

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Frequently Asked Questions about Milwaukee

What type of rentals are currently available in Milwaukee?

There are currently 3847 Apartments for Rent in Milwaukee, WI with pricing that ranges from $450 to $36,000. There are also 397 Single Family Homes for rent, Condos, and Townhome rentals currently available in Milwaukee ranging from $675 to $5,200.

What is the current price range for Rental Homes in Milwaukee?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Milwaukee ranges from $675 to $5,200 with an average monthly rent of $1,788.

How much are larger Three and Four Bedroom Rentals in Milwaukee?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Milwaukee range from $799 to $15,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,047 to $4,200. Four Bedroom Single-Family rentals are also available starting from $1,300 and Four Bedroom Apartments start at $1,299.

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

decorative image for An Insider's Guide to Apartment Living Near Milwaukee's Four Employer Clusters article

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.

decorative image for A Local Expert's Guide to Milwaukee: Neighborhoods, Traditions, and the Cozy Spirit of Gemütlichkeit article

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.

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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.

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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.

Articles, How-To's, and Tips

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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.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.