Cheap Homes for Rent in Jacobus Park Neighborhood of Milwaukee, WI from $1,200 (6 Rentals)

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Search the lowest-cost Homes available for rent right now in the Jacobus Park area of Milwaukee.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

property at 2103 N 55th St

$1,550

3 Bedroom, 1 Bath Townhome for Rent

Available Aug 1

2103 N 55th St

MilwaukeeWI53208

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.

Jacobus Park, Milwaukee, WI Local Guide

Cheapest Available Jacobus Park Apartments for Rent

 

The cheapest available apartment rental in the Jacobus Park area of Milwaukee, WI is a 1 Bed unit found at Valley Forge Apartments priced from $925. River Parkway Senior Apts & Family Townhomes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $975. Here are the most affordable Jacobus Park apartments for rent in Milwaukee, WI:

Apartment ListingModel NameBed/BathPriced From
Valley Forge Apartments1BR/1.0BA1BR,1BA$925
River Parkway Senior Apts & Family Townhomes1BR 1BA 50%1BR,1BA$975
Hawley Ridge ApartmentsHAWL- 60% 1 bed 1 bath1BR,1BA$1,035

Best Value Apartments for Rent in Jacobus Park, WI

As of June 18, 2026 the best value apartment in the Jacobus Park area is the $1.59 price per square foot 2BD 2BA - 2D Model at River Parkway II in the in the Far West Side neighborhood starting from $2,065. The second greatest value Jacobus Park apartment is the C2 Model at Reserve at Wauwatosa starting at $2,562 with a $1.98 price per square foot in the National Park neighborhood. Here is today’s list of the best values for Jacobus Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
River Parkway II2BD 2BA - 2D2BR,2BA$1.59
Reserve at WauwatosaC22BR,2BA$1.98
State Street Station2D2BR,2BA$2.45
The Enclave Luxury Apartments22BR,2BA$2.10
River Parkway Senior Apts & Family Townhomes2A Market Rate 55+2BR,1BA$1.95
Honey Creek PlaceC 2.22BR,2BA$2.39
6902 Saint James St, Unit Upper6902 Saint James St2BR,1BA$1.78
Valley Forge Apartments1BR/1.0BA1BR,1BA$1.21
Tosa Village1 Bedroom1BR,1BA$1.81
Hawley Ridge ApartmentsHAWL- 60% 1 bed 1 bath1BR,1BA$1.62

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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Quick 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.

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Pet Friendly Lifestyle
Jacobus Park, Milwaukee, WI

Ranked #134

Among cities in Wisconsin for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Frequently Asked Questions about Jacobus Park

What type of rentals are currently available in Jacobus Park?

There are currently 87 Apartments for Rent in Jacobus Park, WI with pricing that ranges from $800 to $5,232. There are also 15 Single Family Homes for rent, Condos, and Townhome rentals currently available in Jacobus Park ranging from $1,248 to $3,800.

What is the current price range for Rental Homes in Jacobus Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Jacobus Park ranges from $1,248 to $3,800 with an average monthly rent of $2,390.

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

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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 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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A Local Experts 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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An Insiders 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.

Articles, How-To's, and Tips

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.