Cheap Apartments for Rent in the Mount Olivet Neighborhood of Milwaukee, WI from $500 (76 Rentals)

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

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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Cherokee Village
1 to 2 Bedroom Apartments

Cherokee Village

4058 S 43rd StMilwaukee, WI 53220
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2727 S 13th St
1 to 2 Bedroom Apartments

2727 S 13th St

2727 S 13th StMilwaukee, WI 53215
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Becher Terrace (55+)
1 to 2 Bedroom Apartments

Becher Terrace (55+)

1800 W Becher StMilwaukee, WI 53215
Senior Living
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3235 S 48th St
1 Bedroom Apartments

3235 S 48th St

3235 S 48th StMilwaukee, WI 53219
  • Utilities Included

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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Hamilton Manor
1 to 2 Bedroom Apartments

Hamilton Manor

3700 S 61st StMilwaukee, WI 53220
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Hunters Square
1 to 2 Bedroom Apartments

Hunters Square

3180 W Dakota StMilwaukee, WI 53215
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4138 S 51st St
1 to 2 Bedroom Apartments

4138 S 51st St

4138 S 51st StMilwaukee, WI 53220
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Parkway South
2 Bedroom Apartments

Parkway South

2433-2551 S 43rd StMilwaukee, WI 53219
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3130 S 48th St
1 Bedroom Apartments

3130 S 48th St

3130 S 48th StMilwaukee, WI 53219
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3073 W Ruskin Ct
2 Bedroom Apartments

3073 W Ruskin Ct

3073 W Ruskin CtMilwaukee, WI 53215
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Forrest Park
2 Bedroom Apartments

Forrest Park

3741 S 61st StMilwaukee, WI 53220
  • Utilities Included

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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6500 W Howard Avenue
2 Bedroom Apartments

6500 W Howard Avenue

6500 W Howard AveMilwaukee, WI 53220
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5821 W Lincoln Ave
1 Bedroom Apartments

5821 W Lincoln Ave

5821 W Lincoln AveMilwaukee, WI 53219
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Barrington Apartments
2 Bedroom Apartments

Barrington Apartments

4635 S 20th StMilwaukee, WI 53221
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6522 W Forest Home Ave
2 Bedroom Apartments

6522 W Forest Home Ave

6522 W Forest Home AveMilwaukee, WI 53220
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Cleveland Terrace
3 Bedroom Apartments

Cleveland Terrace

2733 S 14th StMilwaukee, WI 53215
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4912 W Oklahoma Ave
2 Bedroom Apartments

4912 W Oklahoma Ave

4912 W Oklahoma AveMilwaukee, WI 53219
Corporate Housing
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A Local Expert's Guide to Milwaukee: Neighborhoods, Traditions, and the Cozy Spirit of Gemütlichkeit

Uncover Milwaukee's affordable, vibrant neighborhoods and down-to-earth charm. Get a local expert's take on the city's renaissance, favorite traditions, and famous Gemütlichkeit (cozy spirit).

Mount Olivet, Milwaukee, WI Local Guide

Cheapest Available Mount Olivet Apartments for Rent

 

The cheapest available apartment rental in the Mount Olivet area of Milwaukee, WI is a 1 Bed unit found at 2501-2505 S 44th St. - 8 Unit priced from $945. Greenfield Village has the second lowest priced unit, which is a 2 Beds apartment currently listed from $985. Here are the most affordable Mount Olivet apartments for rent in Milwaukee, WI:

Apartment ListingModel NameBed/BathPriced From
2501-2505 S 44th St. - 8 Unit1BR/1.0BA1BR,1BA$945
Greenfield Village2 BD 1 Bathroom2BR,1BA$985
Loomis HillsArlington1BR,1BA$1,002
Layton GroveWillow1BR,1BA$1,020
SouthgateAlcove1BR,1BA$1,044
Southport Apartments1 Bedroom1BR,1BA$1,090
51st Street 8 Families2BR/1.0BA2BR,1BA$1,095
Oklahoma ManorDakota1BR,1BA$1,114
St. GregoryWarnimont1BR,1BA$1,121

Best Value Apartments for Rent in Mount Olivet, WI

As of May 25, 2026 the best value apartment in the Mount Olivet area is the $1.38 price per square foot 2710 S 68th St Model at 2710 S 68th St, Unit 2710-12 in the in the Southwest Side neighborhood starting from $1,650. The second greatest value Mount Olivet apartment is the Aberdeen Model at Ravinia starting at $1,825 with a $1.53 price per square foot in the Far South Side neighborhood. Here is today’s list of the best values for Mount Olivet apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
2710 S 68th St, Unit 2710-122710 S 68th St3BR,1.5BA$1.38
RaviniaAberdeen2BR,2BA$1.53
5214 W Forest Home Ave, Unit 1015214 W Forest Home Ave2BR,1.5BA$1.09
Heritage Lake Senior Apartments 55+Two Bedroom2BR,2BA$1.22
2501-2505 S 44th St. - 8 Unit1BR/1.0BA1BR,1BA$1.11
Greenfield Village2 BD 1 Bathroom2BR,1BA$1.17
4454 S 14th St. (12 Unit)2BR/1.0BA2BR,1BA$1.49
1608 W Lincoln Ave, Unit #21608 W Lincoln Ave2BR,1BA$1.13
Greenbrook ApartmentsOne Bedroom One Bath1BR,1BA$1.54
51st Street 8 Families2BR/1.0BA2BR,1BA$1.37

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
Mount Olivet, Milwaukee, WI

Ranked #144

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

Our team compares millions of points of data to bring you comprehensive Lifestyle Ratings of rentals in cities across the United States, including Milwaukee. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for proximity to parks, luxury amenities, family-friendly amenities, raising pets, transit options, walking, and biking. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Mount Olivet Apartments

How much is rent for a Cheap One Bedroom Mount Olivet Apartment?

The lowest price for a Cheap One Bedroom Mount Olivet Apartment is $945 at 2501-2505 S 44th St. - 8 Unit.

What is the lowest price for a Cheap Two Bedroom Mount Olivet Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Mount Olivet is starting from $985 at Greenfield Village.

What is the most affordable Mount Olivet Three Bedroom Apartment?

The best deal on a cheap Mount Olivet Three Bedroom Apartment rental is at Lofts at Layton and starts from $1,700.

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.

decorative image for The Top Neighborhoods for Off-Campus Housing for Milwaukee-Area College Students   article

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.

decorative image for A Local Experts Guide to Milwaukee: Neighborhoods, Traditions, and the Cozy Spirit of Gemütlichkeit article

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.

Articles, How-To's, and Tips

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.