
Cheap Apartments for Rent in the Near South Side Neighborhood of Milwaukee, WI from $400 (33 Rentals)
Search the lowest-cost Apartments available for rent right now in the Near South Side area of Milwaukee.


Chapel Garden Apartments

2319 S 17th St

1130 W Washington St

2421 S 5th Pl

2621 W Pierce St, Unit 1

1532 South 13th Street

2026 S Layton Blvd, Unit 2028, Unit 2028
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.

2804 W Lincoln Ave

2621 W Pierce St

2621 W Pierce St

Burnham Hill Apartments

1712A W Mineral St

Seven04 Place Apartments

1630 W National Ave

2262 S Chase Ave
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.

2235 S 20th St

3030-3032 W Pierce St

Wyngate Apartments

Maria Linden Senior Apartments

Clarke Square Terrace (55+)

Paper Box Lofts

Walker Apartments

1608 S 23rd St
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.

Mitchell Pointe

Becher Terrace (55+)

Clarke Square Apartments

Clarke Square Apartments

Golden Domes

La Corona Apt

1921-1923 W Greenfield Ave

1020 W National Ave
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.

Kunzelmann-Esser Lofts
Near South Side, Milwaukee, WI Local Guide

How much does it cost to rent an apartment in Near South Side?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Near South Side Studio Apartments | $1,258 | $1,100 | $1,350 |
| Near South Side 1 Bedroom Apartments | $1,334 | $486 | $2,727 |
| Near South Side 2 Bedroom Apartments | $1,758 | $875 | $4,396 |
| Near South Side 3 Bedroom Apartments | $1,712 | $1,050 | $2,625 |
Browse Apartments in this Neighborhood
There are currently 33 rentals with your search options within a 1 mile radius of the Near South Side Neighborhood of Milwaukee, WI.
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Near South Side, Milwaukee, WI Local Guide
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Cheapest Available Near South Side Apartments for Rent
 The cheapest available apartment rental in the Near South Side area of Milwaukee, WI is a 2 Beds unit found at Chapel Garden Apartments priced from $902. Burnham Hill Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $919. Here are the most affordable Near South Side apartments for rent in Milwaukee, WI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Chapel Garden Apartments | Lifestyle: Senior - 2BR | 2BR,1BA | $902 |
| Burnham Hill Apartments | One Bedroom | 1BR,1BA | $919 |
| Seven04 Place Apartments | 50% 1 Bed 1 Bath | 1BR,1BA | $941 |
| 1630 W National Ave | 1 Bed, 1 bath | 1BR,1BA | $950 |
| Knitting Factory Loft Apartments | One Bedroom | 1BR,1BA | $1,147 |
| The Alexander Lofts | 1 Bedroom | 1BR,1BA | $1,250 |
| Mercantile Lofts | 1 Beds, 1 Baths | 1BR,1BA | $1,450 |
| Brix Apartment Lofts | One Bedroom A2 | 1BR,1BA | $1,595 |
| Taxco Apartments | 1F | 1BR,1BA | $1,657 |
| Granary Lofts | 1BR/1.0BA | 1BR,1BA | $1,700 |
Best Value Apartments for Rent in Near South Side, WI
As of May 15, 2026 the best value apartment in the Near South Side area is the $1.59 price per square foot Two Bedroom Model at The Block in the in the Haymarket neighborhood starting from $2,800. The second greatest value Near South Side apartment is the 2A Model at Timber Lofts MKE starting at $2,350 with a $2.37 price per square foot in the Haymarket neighborhood. Here is today’s list of the best values for Near South Side apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Block | Two Bedroom | 2BR,2BA | $1.59 |
| Timber Lofts MKE | 2A | 2BR,1BA | $2.37 |
| Granary Lofts | 1BR/1.0BA | 1BR,1BA | $1.87 |
| Chapel Garden Apartments | Lifestyle: Senior - 2BR | 2BR,1BA | $1.00 |
| Knitting Factory Loft Apartments | One Bedroom | 1BR,1BA | $1.30 |
| Taxco Apartments | 1F | 1BR,1BA | $2.18 |
| The Alexander Lofts | 1 Bedroom | 1BR,1BA | $1.65 |
| Brix Apartment Lofts | One Bedroom A2 | 1BR,1BA | $2.19 |
| Mercantile Lofts | 1 Beds, 1 Baths | 1BR,1BA | $1.99 |
| Seven04 Place Apartments | 50% 1 Bed 1 Bath | 1BR,1BA | $1.61 |
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.
Read ArticleReal 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.
Read ArticleQuick 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.
Best Local Schools in Near South Side, Milwaukee, WI
Mitchell Integrated Arts School
School data provided by Great Schools
Frequently Asked Questions about Cheap Near South Side Apartments
What is the price of a cheap apartment in Near South Side?
The cheapest apartment in Near South Side is Seven04 Place Apartments which is listed at $941, while the average apartment in Near South Side costs $1,500.
What types of apartments are the cheapest in Near South Side?
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 6 regular apartments in Near South Side that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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

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.

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.

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

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.

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.

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.

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.