Cheap Apartments for Rent in the Mount Mary Neighborhood of Milwaukee, WI from $500 (58 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Mount Mary 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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Grantosa Crossing
Studio to 3 Bedroom Apartments

Grantosa Crossing

4335 N 104th StMilwaukee, WI 53222
  • Utilities Included
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Imperial Apartments
1 to 2 Bedroom Apartments

Imperial Apartments

6766 W Appleton AveMilwaukee, WI 53216
  • Utilities Included

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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6701-6710 W Keefe Ave
2 Bedroom Apartments

6701-6710 W Keefe Ave

6701-6710 W Keefe AveMilwaukee, WI 53216
  • Utilities Included
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3118-3132 N 76th St
2 Bedroom Apartments

3118-3132 N 76th St

3118-3132 N 76th StMilwaukee, WI 53222
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7005 W Center St
2 Bedroom Apartments

7005 W Center St

7005 W Center StMilwaukee, WI 53210
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3210 N 76th St
2 to 3 Bedroom Apartments

3210 N 76th St

3210 N 76th StMilwaukee, WI 53222

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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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.

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property at 2276 N 63rd St

$1,450

Total Monthly Price

Total Monthly Price

Base Rent
$1,450
Total Monthly Price
$1,450

2 Bedroom, 1 Bath Townhome for Rent

Available Now

2276 N 63rd St

WauwatosaWI53213

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.

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Mount Mary, Milwaukee, WI Local Guide

Cheapest Available Mount Mary Apartments for Rent

 

The cheapest available apartment rental in the Mount Mary area of Milwaukee, WI is a Studio unit found at Waterfair Apartments priced from $990. 1412 N 68th St 6 unit has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,200. Here are the most affordable Mount Mary apartments for rent in Milwaukee, WI:

Apartment ListingModel NameBed/BathPriced From
Waterfair ApartmentsA6Studio,1BA$990
1412 N 68th St 6 unit2BR/1.0BA2BR,1BA$1,200
The Terrace at Luther ManorThe Evanston1BR,1BA$1,224
Synergy at the MayfairMoonstone 0 Bed, 1 BathStudio,1BA$1,240
Tosa Village1 Bedroom1BR,1BA$1,297
The Regent Senior & The Oxford3 Bedroom - Income Restricted 50%3BR,2BA$1,307
Watertown0 Bedroom, 1 Bath (A1)Studio,1BA$1,325
2929 on MayfairS1Studio,1BA$1,395
Harwood ApartmentsSpacious 1 bedroom in Wauwatosa1BR,1BA$1,415

Best Value Apartments for Rent in Mount Mary, WI

As of April 12, 2026 the best value apartment in the Mount Mary area is the $0.70 price per square foot 2955 N 66th St Model at 2955 N 66th St, Unit 201 in the in the Grasslyn Manor neighborhood starting from $1,050. The second greatest value Mount Mary apartment is the Juno F Model at Normandy Village starting at $1,548 with a $1.35 price per square foot in the Mount Mary College neighborhood. Here is today’s list of the best values for Mount Mary apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
2955 N 66th St, Unit 2012955 N 66th St2BR,1BA$0.70
Normandy VillageJuno F2BR,1.5BA$1.35
The Overlook2A2BR,2BA$1.38
2143 N 67th St, Unit Lower2143 N 67th St2BR,1BA$1.34
Serafino Square Luxury Apartments2AWD2BR,2BA$1.58
7823 Eagle St, Unit 78237823 Eagle St2BR,1BA$1.44
River Parkway Senior Apts & Family Townhomes2A Market Rate 55+2BR,1BA$1.71
1412 N 68th St 6 unit2BR/1.0BA2BR,1BA$1.26
1600 TosaA Floorplan1BR,1BA$1.74
Tosa Village1 Bedroom1BR,1BA$1.73

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The 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.

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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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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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Best Local Schools in
Mount Mary, Milwaukee, WI

School data provided by Great Schools

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, including Milwaukee. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including rankings of the best places for convenient access to the outdoors, luxury amenities, kid and pet-friendly communities, availability of transit options, and more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Mount Mary Apartments

What is a cheap apartment in Mount Mary?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Mount Mary is under $1,415.

What is the price of a cheap apartment in Mount Mary?

The cheapest apartment in Mount Mary is The Terrace at Luther Manor which is listed at $1,224, while the average apartment in Mount Mary costs $2,100.

What types of apartments are the cheapest in Mount Mary?

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 28 regular apartments in Mount Mary 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 Mount Mary?

Cheap apartments in Mount Mary have an average cost of $172 which is $1,928 cheaper than the average rent for all rentals in Mount Mary.

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

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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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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.

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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.

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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.