Cheap Apartments for Rent in the Lower East Side Neighborhood of Milwaukee, WI from $500 (189 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Lower East Side 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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property at 904 E Pearson St

$1,098 - $3,000

Studio To 2 Bedroom Rentals

Available Now

904 E Pearson St

MilwaukeeWI53202

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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Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Lower East Side, Milwaukee, WI Local Guide

Cheapest Available Lower East Side Apartments for Rent

 

The cheapest available apartment rental in the Lower East Side area of Milwaukee, WI is a 1 Bed unit found at RW Apartments I and II priced from $559. Fairmount Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $695. Here are the most affordable Lower East Side apartments for rent in Milwaukee, WI:

Apartment ListingModel NameBed/BathPriced From
RW Apartments I and II1x1 683sf1BR,1BA$559
Fairmount ApartmentsEfficiencyStudio,1BA$695
The Astor Hotel ApartmentsEfficiency StudioStudio,1BA$700
Buckingham ApartmentsSmall StudioStudio,1BA$725
1417 N. Prospect Avenue1417 StudiosStudio,1BA$795
East Park ApartmentsStudioStudio,1BA$795
1466 N. Farwell Avenue1466 studioStudio,1BA$795
RiverwalkStudioStudio,1BA$865
OaklandStudioStudio,1BA$899
The Empire BuildingStudioStudio,1BA$900

Best Value Apartments for Rent in Lower East Side, WI

As of June 21, 2026 the best value apartment in the Lower East Side area is the $1.19 price per square foot 2BR/1.0BA Model at 2018 Oakland in the in the Haymarket neighborhood starting from $1,450. The second greatest value Lower East Side apartment is the 2 Bed / 1.5 Bath Model at Coronet starting at $1,800 with a $1.64 price per square foot in the Haymarket neighborhood. Here is today’s list of the best values for Lower East Side apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
2018 Oakland2BR/1.0BA2BR,1BA$1.19
Coronet2 Bed / 1.5 Bath2BR,1.5BA$1.64
RW Apartments I and II2x2 965sf2BR,2BA$1.47
Royall Villas2 Bed / 1 Bath2BR,1BA$1.40
1619 N Warren Ave, Unit 1619 N Warren Ave.1619 N Warren Ave2BR,1BA$1.68
1608 N Franklin Pl., Unit Upper1608 N Franklin Pl.2BR,1BA$1.41
Ingram PlaceG MR1BR,1BA$1.68
1851 N Pulaski St, Unit B1851 N Pulaski St1BR,1BA$1.30
Edgewater Apartments1 Bedroom1BR,1BA$1.54
LeilandStudioStudio ,1BA$1.71

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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Pet Friendly Lifestyle
Lower East Side, Milwaukee, WI

Ranked #28

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving.com is happy to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, cities, and rental properties across Wisconsin and customized analysis for Central Milwaukee, WI. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for the best proximity to parks and outdoor amenities, luxury amenities, pet-friendly features, apartment communities for the kids, proximity to transit, and more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Lower East Side Apartments

What is the Cheapest Studio apartment in Lower East Side?

Currently the most affordable Cheap Studio Apartment in Lower East Side is at Fairmount Apartments listed at $695.

How much is rent for a Cheap One Bedroom Lower East Side Apartment?

The lowest price for a Cheap One Bedroom Lower East Side Apartment is $559 at RW Apartments I and II.

What is the lowest price for a Cheap Two Bedroom Lower East Side Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lower East Side is starting from $1,305 at London House.

What is the most affordable Lower East Side Three Bedroom Apartment?

The best deal on a cheap Lower East Side Three Bedroom Apartment rental is at Eighteen87 and starts from $2,200.

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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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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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.