Cheap Apartments for Rent in the Near South Side Neighborhood of Milwaukee, WI from $400 (47 Rentals)

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

An Insider's Guide to Apartment Living Near Milwaukee's Four Employer Clusters

Discover Milwaukee apartment living from Downtown lofts to affordable suburban homes. We detail neighborhoods near the four major employment hubs: urban, leafy, and everything in between.

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property at 2235 S 20th St

$1,000 - $1,025

2 Bedroom Rentals

Available Now

2235 S 20th St

MilwaukeeWI53215

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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3030-3032 W Pierce St
Studio to 1 Bedroom Apartments

3030-3032 W Pierce St

3030-3032 W Pierce StMilwaukee, WI 53215
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Wyngate Apartments
Studio to 1 Bedroom Apartments

Wyngate Apartments

3006-3014 W Pierce StMilwaukee, WI 53215
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Paper Box Lofts
1 to 3 Bedroom Apartments

Paper Box Lofts

1560 W Pierce StMilwaukee, WI 53204

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).

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1608 S 23rd St
1 Bedroom Apartments

1608 S 23rd St

1608 S 23rd StMilwaukee, WI 53204
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Walker Apartments
Studio to 1 Bedroom Apartments

Walker Apartments

1219 W Walker StMilwaukee, WI 53204
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Mitchell Pointe
1 Bedroom Apartments

Mitchell Pointe

1418 W Mitchell StMilwaukee, WI 53204
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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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Golden Domes
Studio to 3 Bedroom Apartments

Golden Domes

1620 S 6th StMilwaukee, WI 53204
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La Corona Apt
1 to 3 Bedroom Apartments

La Corona Apt

1655 S 3rd StMilwaukee, WI 53204

Check Out Milwaukee’s Best Affordable Neighborhoods

Learn about Milwaukee and the best places to live with original content written by our Local Expert Tim Brown

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Kunzelmann-Esser Lofts
Studio to 2 Bedroom Apartments

Kunzelmann-Esser Lofts

710 W Historic Mitchell StMilwaukee, WI 53204
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1630 W National Ave
1 to 2 Bedroom Apartments

1630 W National Ave

1630 W National AveMilwaukee, WI 53204
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1426 S 31st St
2 to 3 Bedroom Apartments

1426 S 31st St

1426 S 31st StMilwaukee, WI 53215
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1631 S 7th St
3 Bedroom Apartments

1631 S 7th St

1631 S 7th StMilwaukee, WI 53204

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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1025 5th
1 Bedroom Apartments

1025 5th

1025 S 5th StMilwaukee, WI 53204
Showing Results 1-47, Page 1 of 1

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 Burnham Hill Apartments priced from $873. Seven04 Place Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $941. Here are the most affordable Near South Side apartments for rent in Milwaukee, WI:

Apartment ListingModel NameBed/BathPriced From
Burnham Hill ApartmentsOne Bedroom1BR,1BA$873
Seven04 Place Apartments50% 1 Bed 1 Bath1BR,1BA$941
Chapel Garden ApartmentsLifestyle: Senior - 1 BR1BR,1BA$995
The Alexander Lofts1 Bedroom1BR,1BA$1,250
421-425 WashingtonRent Special 1/2 Off First Month's Rent - 2 Be...2BR,1BA$1,295
Taxco Apartments1A1BR,1BA$1,539
Mercantile Lofts2 Beds, 2 Baths2BR,2BA$1,750
Timber Lofts MKE2A2BR,1BA$2,350
The BlockTwo Bedroom2BR,2BA$2,800

Best Value Apartments for Rent in Near South Side, WI

As of August 16, 2026 the best value apartment in the Near South Side area is the $0.89 price per square foot 2079 S 28th St Model at 2079 S 28th St, Unit 1 in the in the Near South Side neighborhood starting from $1,595. The second greatest value Near South Side apartment is the Two Bedroom Model at The Block starting at $2,800 with a $1.59 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 ListingModel NameBed/BathPrice Per Sq.Ft.
2079 S 28th St, Unit 12079 S 28th St4BR,2BA$0.89
The BlockTwo Bedroom2BR,2BA$1.59
Brix Apartment LoftsTwo Bedroom C52BR,2BA$2.03
Timber Lofts MKE2A2BR,1BA$2.37
Mercantile Lofts2 Beds, 2 Baths2BR,2BA$1.91
The Alexander Lofts1 Bedroom Townhome1BR,1.5BA$1.85
828 W Windlake Ave (8 unit)1BR/1.0BA1BR,1BA$0.93
Chapel Garden ApartmentsLifestyle: Senior - 1 BR1BR,1BA$1.36
Seven04 Place Apartments50% 1 Bed 1 Bath1BR,1BA$1.61
Burnham Hill ApartmentsStudioStudio ,1BA$2.26

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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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
Near South Side, Milwaukee, WI

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 828 W Windlake Ave (8 unit) which is listed at $695, while the average apartment in Near South Side costs $1,425.

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 9 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

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An Insider's Guide to Apartment Living Near Milwaukee's Four Employer Clusters

Written by: Tim Brown

Having grown up in Milwaukee and lived in Waukesha for several years, I have come to realize that the Milwaukee metro area offers diverse employment and housing opportunities.

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

A Local Expert's 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.

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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.

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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.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.