Cheap Apartments for Rent in the Near South Side Neighborhood of Milwaukee, WI from $300 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in the Near South Side area of Milwaukee.

Paper Box Lofts

Becher Terrace (55+)

1832 S 18th St

2501-2503 S 11th St. / 1105 W Arthur Ave.

2474 S 5th Pl

2031-2033 S 15th Pl.

1726 S 15th St

2445 S 5th Pl
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 | $1,257 | $695 | $1,600 |
Near South Side 1 Bedroom Apartments | $1,494 | $500 | $2,500 |
Near South Side 2 Bedroom Apartments | $1,776 | $577 | $3,913 |
Near South Side 3 Bedroom Apartments | $1,716 | $1,050 | $3,110 |
Browse Apartments in this Neighborhood
There are currently 23 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 1 Bed unit found at Becher Terrace (55+) priced from $655. Maria Linden Senior Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $943. Here are the most affordable Near South Side apartments for rent in Milwaukee, WI:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Becher Terrace (55+) | One Bedroom | 1BR,1BA | $655 |
Maria Linden Senior Apartments | 1B Affordable | 1BR,1BA | $943 |
Paper Box Lofts | 2B | 2BR,1BA | $1,036 |
Knitting Factory Loft Apartments | One Bedroom | 1BR,1BA | $1,056 |
Seven04 Place Apartments | 50% 2 Bed 1 Bath | 2BR,1BA | $1,136 |
Best Value Apartments for Rent in Near South Side, WI
As of July 25, 2025 the best value apartment in the Near South Side area is the $1.24 price per square foot 50% 2 Bed 1 Bath Model at Seven04 Place Apartments in the in the Haymarket neighborhood starting from $1,136. The second greatest value Near South Side apartment is the 1BR/1.0BA Model at Granary Lofts starting at $1,650 with a $1.81 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. |
---|---|---|---|
Seven04 Place Apartments | 50% 2 Bed 1 Bath | 2BR,1BA | $1.24 |
Granary Lofts | 1BR/1.0BA | 1BR,1BA | $1.81 |
1701 W National Ave, Unit 1701 W. National Avenue | 1701 W National Ave | 2BR,1BA | $1.44 |
Knitting Factory Loft Apartments | One Bedroom | 1BR,1BA | $1.19 |
Paper Box Lofts | 2B | 2BR,1BA | $1.34 |
Chapel Garden Apartments | Lifestyle: Senior - 1BR | 1BR,1BA | $1.57 |
The Alexander Lofts | 1 Bedroom | 1BR,1BA | $1.65 |
Becher Terrace (55+) | One Bedroom | 1BR,1BA | $0.94 |
1921 W Grant St, Unit lower | 1921 W Grant St | 2BR,1BA | $1.41 |
Maria Linden Senior Apartments | 1B Affordable | 1BR,1BA | $1.63 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleNear South Side, Milwaukee, WI
Ranked #74
Among cities in Wisconsin for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
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 Becher Terrace (55+) which is listed at $655, while the average apartment in Near South Side costs $1,810.
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 12 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 $380 which is $1,430 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.

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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.