Cheap Apartments for Rent in the Mount Olivet Neighborhood of Milwaukee, WI from $500 (63 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.

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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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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
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Hamilton Manor
1 to 2 Bedroom Apartments

Hamilton Manor

3700 S 61st StMilwaukee, WI 53220
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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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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
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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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51st and Coldspring
2 Bedroom Apartments

51st and Coldspring

4133 S 51st StMilwaukee, WI 53220
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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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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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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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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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Showing Results 1-50, Page 1 of 2

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 2 Beds unit found at Greenfield Village priced from $985. Loomis Hills has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,025. Here are the most affordable Mount Olivet apartments for rent in Milwaukee, WI:

Apartment ListingModel NameBed/BathPriced From
Greenfield Village2 BD 1 Bathroom2BR,1BA$985
Loomis HillsArlington1BR,1BA$1,025
American ColonySandstone1BR,1BA$1,043
Southport Apartments1 Bedroom1BR,1BA$1,090
SouthgateGreenhouse1BR,1BA$1,106
Alverno Pool Apartments1B1B1BR,1BA$1,110
Heritage Lake Senior Apartments 55+Two Bedroom2BR,2BA$1,130
4454 S 14th St. (12 Unit)2BR/1.0BA2BR,1BA$1,150
6522 W Forest Home Ave2 Bed2BR,1BA$1,150
Cleveland TerraceSpring3BR,1BA$1,153

Best Value Apartments for Rent in Mount Olivet, WI

As of April 10, 2026 the best value apartment in the Mount Olivet area is the $1.64 price per square foot Woodview Model at American Colony in the in the Far South Side neighborhood starting from $1,803. The second greatest value Mount Olivet apartment is the Spring Model at Cleveland Terrace starting at $1,153 with a $1.18 price per square foot in the National Park 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.
American ColonyWoodview2BR,1.5BA$1.64
Cleveland TerraceSpring3BR,1.5BA$1.18
Oklahoma ManorMidland2BR,2BA$1.66
Greenbrook ApartmentsTwo Bedroom One Bath2BR,1BA$1.53
Heritage Lake Senior Apartments 55+Two Bedroom2BR,2BA$1.22
Greenfield Village2 BD 1 Bathroom2BR,1BA$1.17
4454 S 14th St. (12 Unit)2BR/1.0BA2BR,1BA$1.43
Layton GroveSpruce II2BR,1BA$1.65
SouthgateConservatory2BR,1BA$1.59
Alverno Pool Apartments1B1B1BR,1BA$1.59

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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Pet Friendly Lifestyle
Mount Olivet, Milwaukee, WI

Ranked #124

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 $1,025 at Loomis Hills.

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.

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

decorative image for Finding The Best Affordable Milwaukee Neighborhoods to Rent article

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.