Cheap Apartments for Rent in the Jones Island Neighborhood of Milwaukee, WI from $400 (159 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Jones Island area of Milwaukee.

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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.

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1608 W Lincoln Ave, Unit #2
$900
Total Monthly Price

Total Monthly Price

Base Rent
$900
Total Monthly Price
$900
2 Bedroom Apartment Available Now

1608 W Lincoln Ave, Unit #2

1608 W Lincoln AveMilwaukee, WI 53215
Affordability
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Cash 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.

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Jones Island, Milwaukee, WI Local Guide

Cheapest Available Jones Island Apartments for Rent

 

The cheapest available apartment rental in the Jones Island area of Milwaukee, WI is a 2 Beds unit found at Corliss priced from $659. University Crossing I has the second lowest priced unit, which is a Studio apartment currently listed from $685. Here are the most affordable Jones Island apartments for rent in Milwaukee, WI:

Apartment ListingModel NameBed/BathPriced From
CorlissSteamline - 40% AMI2BR,2BA$659
University Crossing IStudioStudio,1BA$685
Lakeside ApartmentsStudioStudio,1BA$695
McGuire FlatsStudioStudio,1BA$695
Tioga ApartmentsStudio1BR,1BA$700
Colonial ApartmentsStudio *StandardStudio,1BA$725
St. ClairStudioStudio,1BA$725
Marshall Hall ApartmentsStudioStudio,1BA$750
University Crossing IIStudioStudio,1BA$755
Van Buren ApartmentsStudioStudio,1BA$825

Best Value Apartments for Rent in Jones Island, WI

As of June 08, 2026 the best value apartment in the Jones Island area is the $1.33 price per square foot 2B Model at Riverside Lofts in the in the Haymarket neighborhood starting from $1,730. The second greatest value Jones Island apartment is the 3B Model at Paper Box Lofts starting at $1,195 with a $1.13 price per square foot in the Haymarket neighborhood. Here is today’s list of the best values for Jones Island apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Riverside Lofts2B2BR,1BA$1.33
Paper Box Lofts3B3BR,2BA$1.13
2805 S 7th St, Unit 28052805 S 7th St2BR,1BA$1.42
Michigan Street CommonsThe Riverwalk2BR,2BA$1.26
National Ave Lofts50% 2 Bed 2 Bath2BR,2BA$1.24
617 E Homer St, Unit 4617 E Homer St2BR,1BA$1.31
1608 W Lincoln Ave, Unit #21608 W Lincoln Ave2BR,1BA$1.13
Hide House Lofts BayviewOne Bedroom One Bath1BR,1BA$1.26
Marquee Communities1BR/1BA1BR,1BA$1.31
Lancaster Apartments2BR/1BA2BR,1BA$1.44

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

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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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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
Jones Island, Milwaukee, WI

Ranked #22

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Jones Island, Milwaukee, WI

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals in cities across the United States including Jones Island, Milwaukee, and the greater Milwaukee area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for the best outdoor access, luxury amenities, kid and pet-friendly communities, availability of transit options, in addition to floorplans, availablity, and pricing. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Jones Island Apartments

What is a cheap apartment in Jones Island?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Jones Island is under $825.

What is the price of a cheap apartment in Jones Island?

The cheapest apartment in Jones Island is Tioga Apartments which is listed at $700, while the average apartment in Jones Island costs $2,850.

What types of apartments are the cheapest in Jones Island?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 62 regular apartments in Jones Island that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Jones Island?

Cheap apartments in Jones Island have an average cost of $421 which is $2,429 cheaper than the average rent for all rentals in Jones Island.

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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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.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.