
Cheap Homes for Rent in Milwaukee, WI from $700 (203 Rentals)
Search the lowest-cost Homes available for rent right now in Milwaukee.


3907A N 24th St

1418 W Mitchell St

1521 S 33rd St

5852 N 32nd St

6535 Beloit Rd

2605 N Frederick Ave

2167 S 5th St

1639 N 33rd St

2523-A S 12th St
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

2620A W Locust St

2620 W Locust St

2530 N 28th St

1560 S 7th St

2955 N 17th St

1114 W Keefe Ave

3821 N 39th St

2663 N 44th St

2224 W Wisconsin Ave

2224 W Wisconsin Ave
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.

2621 W Pierce St

2919 W Wisconsin Ave

2972 N 51st St

5650 W Wahner Ave, Unit 110

4756 N 19th Pl, Unit 4756 N 19th pl

6406 W Lincoln Ave

6521 Beloit Rd

3235 S 48th St

5710 N 97th St

916 Milwaukee Ave
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.

3984 N 37th St

1206 S 73rd St, Unit 1206 Upper

2578 N 34th St

2836 N 16th St

4752 N 38th St

502 N 39th St

2536 N Richards St

4572 N 38th St

3625 W Capitol Dr

6324 W Richmond Ave
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.

2630 N 24th Pl

3421 W Kilbourn Ave

5642 N 61st St

1941 N 38th St

2449 N 51st Blvd

3921 E Layton Ave, Unit Lower

2459 S 8th St

3402 N Oakland Ave

3438 N Oakland Ave

4635 W Fond du Lac Ave
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Milwaukee, WI Local Guide

How much does it cost to rent a home in Milwaukee?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Milwaukee 2 Bedroom Homes for Rent | $1,488 | $775 | $2,695 |
| Milwaukee 3 Bedroom Homes for Rent | $2,063 | $875 | $8,400 |
| Milwaukee 4 Bedroom Homes for Rent | $2,508 | $1,225 | $4,000 |
| Milwaukee 5 Bedroom Homes for Rent | $2,858 | $1,500 | $4,150 |
| Milwaukee 6 Bedroom Homes for Rent | $3,220 | $3,000 | $3,800 |
Browse Top Homes for Rent in Milwaukee
Explore Milwaukee
Milwaukee, WI Local Guide
- Milwaukee Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Milwaukee, WI
Pricing Updated: 02/28/2026Current apartment rentals in the Milwaukee, WI area range in price from $414 to $15,000 with an overall median price of $2,393. The three Milwaukee neighborhoods with the lowest median rent pricing are Concordia at $525, Midtown Milwaukee at $805, and Roosevelt Grove at $650. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Milwaukee Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Concordia | $1,087 | $525 | 4 |
| Midtown Milwaukee | $1,100 | $805 | 16 |
| Roosevelt Grove | $1,125 | $650 | 51 |
| West Side | $1,125 | $650 | 22 |
| Avenues West | $1,200 | $675 | 13 |
| Far North Side | $1,240 | $482 | 12 |
| Old North Milwaukee | $1,240 | $482 | 5 |
| Grasslyn Manor | $1,271 | $650 | 41 |
| Hampton Heights | $1,295 | $482 | 17 |
| Lincoln Creek | $1,295 | $482 | 39 |
Cheapest Available Milwaukee Apartments for Rent
 The cheapest available apartment rental in Milwaukee, WI is a 1 Bed unit found at Schuster Historic Lofts in the Near South Side neighborhood priced from $486. GARDEN PLACE APARTMENTS in the River View neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $490. Here is today’s list of the most affordable Milwaukee apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Schuster Historic Lofts | One Bedroom | 1BR,1BA | $486 |
| GARDEN PLACE APARTMENTS | 1 BED 1 BATH | 1BR,1BA | $490 |
| The Park at 1824 Student Apartments | Renovated 3 Bedroom Apartment | 3BR,2BA | $615 |
| Corliss | TIMBERLINE | 1BR,1BA | $623 |
| 1851 N Oakland Ave (18 Unit) | 0BR/1.0BA | Studio,1BA | $675 |
| Edgewater East | One Bedroom | 1BR,1BA | $680 |
| University Crossing I | Studio | Studio,1BA | $685 |
| Fairmount Apartments | Efficiency | Studio,1BA | $695 |
| McGuire Flats | Studio | Studio,1BA | $695 |
| Lakeside Apartments | Studio | Studio,1BA | $695 |
Best Value Apartments for Rent in Milwaukee, WI
As of February 28, 2026 the best value apartment in the Milwaukee area is the $0.47 price per square foot 3758 N 41st St Model at 3758 N 41st St, Unit 1 in the in the Grasslyn Manor neighborhood starting from $1,000. The second greatest value Milwaukee apartment is the 1713 Maple St Model at 1713 Maple St, Unit #2 starting at $1,400 with a $0.88 price per square foot in the Mitchell Field neighborhood. Here is today’s list of the best values for Milwaukee apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 3758 N 41st St, Unit 1 | 3758 N 41st St | 1BR,1BA | $0.47 |
| 1713 Maple St, Unit #2 | 1713 Maple St | 2BR,1BA | $0.88 |
| 1224 S Cesar E Chavez Dr, Unit UPPER | 1224 S Cesar E Chavez Dr | 3BR,2BA | $0.88 |
| McKinley School Apartments, LLC | 2Bd/1Bth | 2BR,1BA | $0.63 |
| University Row | 3 Bed 1 Bath | 3BR,1BA | $0.83 |
| 4244 N 18th St, Unit Upper | 4244 N 18th St | 2BR,1BA | $0.85 |
| Century Building | 2x2 | 2BR,2BA | $0.87 |
| Columbia Square | 1 Bed, 1 bath | 1BR,1BA | $0.77 |
| GARDEN PLACE APARTMENTS | 2 BED 1 BATH | 2BR,1BA | $0.86 |
| Edgeview Apartments | Two Bedroom | 2BR,1BA | $0.88 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Milwaukee, WI Rentals by Map
See the most popular apartments and homes in Milwaukee, WI
Frequently Asked Questions about Milwaukee
What type of rentals are currently available in Milwaukee?
There are currently 3660 Apartments for Rent in Milwaukee, WI with pricing that ranges from $474 to $15,000. There are also 413 Single Family Homes for rent, Condos, and Townhome rentals currently available in Milwaukee ranging from $720 to $8,400.
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 $720 to $8,400 with an average monthly rent of $2,033.
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 $570 to $15,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $875 to $8,400. Four Bedroom Single-Family rentals are also available starting from $1,225 and Four Bedroom Apartments start at $870.
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.
Articles, How-To's, and Tips

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.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.