Cheap Apartments for Rent in the Near South Side Neighborhood of Milwaukee, WI from $300 (26 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Near South Side area of Milwaukee.

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Schuster Lofts
Studio to 1 Bedroom Apartments

Schuster Lofts

1670 S 11th StMilwaukee, WI 53204
  • Utilities Included

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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3030-3032 W Pierce St
Studio Apartments

3030-3032 W Pierce St

3030-3032 W Pierce StMilwaukee, WI 53215
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Wyngate Apartments
Studio Apartments

Wyngate Apartments

3006-3014 W Pierce StMilwaukee, WI 53215
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Walker Apartments
Studio to 1 Bedroom Apartments

Walker Apartments

1219 W Walker StMilwaukee, WI 53204
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1608 S 23rd St
1 Bedroom Apartments

1608 S 23rd St

1608 S 23rd StMilwaukee, WI 53204
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Parkside Senior Apartments
1 to 2 Bedroom Apartments

Parkside Senior Apartments

2621 W Pierce StMilwaukee, WI 53204
Senior Living
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Golden Domes
Studio to 1 Bedroom Apartments

Golden Domes

1620 S 6th StMilwaukee, WI 53204
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Kunzelmann-Esser Lofts
1 Bedroom Apartments

Kunzelmann-Esser Lofts

710 W Historic Mitchell StMilwaukee, WI 53204
  • Utilities Included

Near South Side, Milwaukee, WI Local Guide

Cheapest Available Near South Side Apartments for Rent

 

The cheapest available apartment rental in the Near South Side area of Milwaukee, WI is a 1 Bed unit found at Chapel Garden Apartments priced from $510. Becher Terrace (55+) has the second lowest priced unit, which is a 1 Bed apartment currently listed from $655. Here are the most affordable Near South Side apartments for rent in Milwaukee, WI:

Apartment ListingModel NameBed/BathPriced From
Chapel Garden ApartmentsLifestyle: Senior - 1 BR1BR,1BA$510
Becher Terrace (55+)One Bedroom1BR,1BA$655
Burnham Hill ApartmentsOne Bedroom1BR,1BA$825
735 West by 3L LivingSmall StudioStudio,1BA$999
421-425 Washington1bed1BR,1BA$1,025
Knitting Factory Loft ApartmentsOne Bedroom1BR,1BA$1,056
Seven04 Place Apartments50% 2 Bed 1 Bath2BR,1BA$1,136
KinetiKRiseStudio,1BA$1,360
The Alexander Lofts2 Bedroom2BR,1BA$1,450
Element ApartmentsGold1BR,1BA$1,553

Best Value Apartments for Rent in Near South Side, WI

As of June 10, 2025 the best value apartment in the Near South Side area is the $1.89 price per square foot 2 Beds, 2 Baths Model at Mercantile Lofts in the in the Haymarket neighborhood starting from $1,900. The second greatest value Near South Side apartment is the 2 Bedroom Model at The Alexander Lofts starting at $1,450 with a $1.47 price per square foot in the Near South Side neighborhood. Here is today’s list of the best values for Near South Side apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Mercantile Lofts2 Beds, 2 Baths2BR,2BA$1.89
The Alexander Lofts2 Bedroom2BR,1BA$1.47
Chapel Garden ApartmentsLifestyle: Senior - 2BR2BR,1BA$1.01
Jefferson Block Apartments1 Bed / 1 Bath + Den - 972 SF1BR,1BA$1.94
Boston Lofts1 Bed - 1 Bath1BR,1BA$1.74
Seven04 Place Apartments50% 2 Bed 1 Bath2BR,1BA$1.24
The Buckler by 3L LivingOne Bedroom1BR,1BA$1.72
Knitting Factory Loft ApartmentsOne Bedroom1BR,1BA$1.19
Becher Terrace (55+)One Bedroom1BR,1BA$0.94
Burnham Hill ApartmentsOne Bedroom1BR,1BA$1.50

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Pet Friendly Lifestyle
Near South Side, Milwaukee, WI

Ranked #52

Among neighborhoods in Milwaukee, WI for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap Near South Side Apartments

What is a cheap apartment in Near South Side?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Near South Side is under $1,553.

What is the price of a cheap apartment in Near South Side?

The cheapest apartment in Near South Side is Chapel Garden Apartments which is listed at $510, while the average apartment in Near South Side costs $2,155.

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 17 regular apartments in Near South Side 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 Near South Side?

Cheap apartments in Near South Side have an average cost of $636 which is $1,519 cheaper than the average rent for all rentals in Near South Side.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Finding The Best Affordable Milwaukee Neighborhoods to Rent

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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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