Cheap Apartments for Rent in the Lincoln Park Neighborhood of Milwaukee, WI from $400 (72 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Lincoln 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.

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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.

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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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4446 N 28th St
Studio to 2 Bedroom Apartments

4446 N 28th St

4446 N 28th StMilwaukee, WI 53209
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Pine Tree Apartments
1 Bedroom Apartments

Pine Tree Apartments

4903 N 39th StMilwaukee, WI 53209
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Riverworks Lofts
1 to 2 Bedroom Apartments

Riverworks Lofts

3372 N Holton StMilwaukee, WI 53212
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Sherman Gardens Apt.
1 to 2 Bedroom Apartments

Sherman Gardens Apt.

5940 N Sherman BlvdMilwaukee, WI 53209
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227-235 E Townsend St
1 Bedroom Apartments

227-235 E Townsend St

227-235 E Townsend StMilwaukee, WI 53212
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Continental House
1 to 3 Bedroom Apartments

Continental House

5301 N Teutonia AveMilwaukee, WI 53209
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Florist Gardens
1 to 2 Bedroom Apartments

Florist Gardens

3402-3426 W Florist AveMilwaukee, WI 53209
Senior Living
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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.

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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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Lincoln Park, Milwaukee, WI Local Guide

Cheapest Available Lincoln Park Apartments for Rent

 

The cheapest available apartment rental in the Lincoln Park area of Milwaukee, WI is a 1 Bed unit found at Parkside Commons Senior Apartments priced from $698. 4603 N 29th St - 6 unit has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here are the most affordable Lincoln Park apartments for rent in Milwaukee, WI:

Apartment ListingModel NameBed/BathPriced From
Parkside Commons Senior ApartmentsOne Bedroom1BR,1BA$698
4603 N 29th St - 6 unit1BR/1.0BA1BR,1BA$750
4720 N 37th St. (8 Unit)1BR/1.0BA1BR,1BA$845
Glen Courts ApartmentsOne Bedroom1BR,1BA$860
Park Village ApartmentsStudio*Studio,1BA$935
4651 N 36th St. (12 unit)(ACE PROPERTY)2BR/1.0BA2BR,1BA$945
Bishops Creek Family Housing2x12BR,1BA$1,081
Florist Gardens2/22BR,1BA$1,126

Best Value Apartments for Rent in Lincoln Park, WI

As of June 01, 2026 the best value apartment in the Lincoln Park area is the $1.37 price per square foot 4148 N 24th Pl Model at 4148 N 24th Pl, Unit Lower in the in the Grasslyn Manor neighborhood starting from $1,400. The second greatest value Lincoln Park apartment is the 4051 N 48th St Model at 4051 N 48th St, Unit Lower level starting at $1,100 with a $1.16 price per square foot in the Grasslyn Manor neighborhood. Here is today’s list of the best values for Lincoln Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
4148 N 24th Pl, Unit Lower4148 N 24th Pl2BR,1BA$1.37
4051 N 48th St, Unit Lower level4051 N 48th St2BR,1BA$1.16
Bishops Creek Family Housing2x12BR,1BA$1.20
4378 N Wilson Dr, Unit # 44378 N Wilson Dr2BR,1BA$1.29
Parkside Commons Senior ApartmentsTwo Bedroom2BR,1BA$1.32
Florist Gardens2/22BR,1BA$1.38
Silver Creek Village 55+ Senior ApartmentsOne Bedroom1BR,1BA$1.43
4651 N 36th St. (12 unit)(ACE PROPERTY)2BR/1.0BA2BR,1BA$1.27
Glen Courts ApartmentsOne Bedroom1BR,1BA$1.43
4603 N 29th St - 6 unit1BR/1.0BA1BR,1BA$1.47

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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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
Lincoln Park, Milwaukee, WI

Ranked #79

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
Lincoln Park, Milwaukee, WI

School data provided by Great Schools

Frequently Asked Questions about Cheap Lincoln Park Apartments

What is the price of a cheap apartment in Lincoln Park?

The cheapest apartment in Lincoln Park is Parkside Commons Senior Apartments which is listed at $698, while the average apartment in Lincoln Park costs $12,000.

What types of apartments are the cheapest in Lincoln Park?

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 12 regular apartments in Lincoln Park 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 Lincoln Park?

Cheap apartments in Lincoln Park have an average cost of $170 which is $11,830 cheaper than the average rent for all rentals in Lincoln Park.

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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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.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.