Cheap Apartments for Rent in the Old World Third Street Neighborhood of Milwaukee, WI from $400 (164 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Old World Third Street area of Milwaukee.

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Old World Third Street, Milwaukee, WI Local Guide

Cheapest Available Old World Third Street Apartments for Rent

 

The cheapest available apartment rental in the Old World Third Street area of Milwaukee, WI is a 1 Bed unit found at Edgewater East priced from $680. University Crossing I has the second lowest priced unit, which is a Studio apartment currently listed from $685. Here are the most affordable Old World Third Street apartments for rent in Milwaukee, WI:

Apartment ListingModel NameBed/BathPriced From
Edgewater EastOne Bedroom1BR,1BA$680
University Crossing IStudioStudio,1BA$685
Buckingham ApartmentsSmall StudioStudio,1BA$695
Fairmount ApartmentsEfficiencyStudio,1BA$695
McGuire FlatsStudioStudio,1BA$695
1527 MarshallFront EffStudio,1BA$695
The Astor Hotel ApartmentsEfficiency StudioStudio,1BA$700
Lakeside ApartmentsStudio RemodledStudio,1BA$725
Colonial ApartmentsStudio *StandardStudio,1BA$725
Tioga ApartmentsCorner StudioStudio,1BA$725

Best Value Apartments for Rent in Old World Third Street, WI

As of August 25, 2025 the best value apartment in the Old World Third Street area is the $0.72 price per square foot 709 E Brady St Model at 709 E Brady St, Unit 1 in the in the Haymarket neighborhood starting from $1,300. The second greatest value Old World Third Street apartment is the 1203 E Brady St Model at 1203 E Brady St, Unit A starting at $1,800 with a $1.19 price per square foot in the Haymarket neighborhood. Here is today’s list of the best values for Old World Third Street apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
709 E Brady St, Unit 1709 E Brady St3BR,2BA$0.72
1203 E Brady St, Unit A1203 E Brady St3BR,1.5BA$1.19
2457 N 1st St, Unit front back2457 N 1st St1BR,1BA$0.60
Meadow Village3 bedroom3BR,2BA$1.05
Ingram PlaceC MR2BR,2BA$1.21
The GermaniaTwo Bedroom2BR,1.5BA$1.16
1759 N Arlington Pl, Unit Lower1759 N Arlington Pl2BR,1BA$1.26
1755 N Arlington Pl, Unit 11755 N Arlington Pl2BR,1BA$1.21
Marquee Communities1BR/1BA1BR,1BA$1.25
Edgewater EastOne Bedroom1BR,1BA$1.27

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Pet Friendly Lifestyle
Old World Third Street, Milwaukee, WI

Ranked #22

Among cities in Wisconsin for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Old World Third Street, Milwaukee, WI

School data provided by Great Schools

Lifestyle Ratings

This website works hard to bring you Lifestyle Ratings of rentals and neighborhoods across the USA, including Old World Third Street, Milwaukee, and the greater Milwaukee area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for outdoor amenities like tennis courts, luxury housing options, transit availability, pet-friendly communities, apartment communities for the kids, in addition to floorplans, availablity, and pricing. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Old World Third Street Apartments

What is a cheap apartment in Old World Third Street?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Old World Third Street is under $725.

What is the price of a cheap apartment in Old World Third Street?

The cheapest apartment in Old World Third Street is Edgewater East which is listed at $680, while the average apartment in Old World Third Street costs $3,300.

What types of apartments are the cheapest in Old World Third Street?

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 16 regular apartments in Old World Third Street 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 Old World Third Street?

Cheap apartments in Old World Third Street have an average cost of $293 which is $3,007 cheaper than the average rent for all rentals in Old World Third Street.

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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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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