Cheap Apartments for Rent in the Old World Third Street Neighborhood of Milwaukee, WI from $400 (146 Rentals)

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Cheap Apartments 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 The Residences at ThriveOn King priced from $438. Colonial Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $595. Here are the most affordable Old World Third Street apartments for rent in Milwaukee, WI:

Apartment ListingModel NameBed/BathPriced From
The Residences at ThriveOn KingOne Bedroom Loft1BR,1BA$438
Colonial ApartmentsStudio *StandardStudio,1BA$595
Edgewater EastOne Bedroom1BR,1BA$680
Buckingham ApartmentsSmall StudioStudio,1BA$695
Fairmount ApartmentsEfficiencyStudio,1BA$695
The Astor Hotel ApartmentsEfficiency StudioStudio,1BA$700
University Crossing IIStudioStudio,1BA$755
1417 N. Prospect Avenue1417 StudiosStudio,1BA$775
Lakeside ApartmentsStudio RemodledStudio,1BA$815
Lancaster Apartments2BR/1BA2BR,1BA$850

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

As of May 02, 2025 the best value apartment in the Old World Third Street area is the $0.67 price per square foot 709 E Brady St Model at 709 E Brady St, Unit 1 in the in the Haymarket neighborhood starting from $1,200. The second greatest value Old World Third Street apartment is the 2457 N 1st St Model at 2457 N 1st St, Unit front back starting at $900 with a $0.60 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,1BA$0.67
2457 N 1st St, Unit front back2457 N 1st St1BR,1BA$0.60
Pasadena Apartments3A3BR,2BA$1.66
Century BuildingMarket Rate2BR,2BA$1.46
The Buckler by 3L LivingOne Bedroom1BR,1BA$1.49
718 E Pearson St, Unit 2 bedroom Rear Lower718 E Pearson St2BR,1BA$1.10
1695 N Cass St, Unit Lower Duplex Unit1695 N Cass St1BR,1BA$1.20
Michigan Street Commons2/22BR,2BA$1.25
Lancaster Apartments2BR/1BA2BR,1BA$1.44
Edgewater EastOne Bedroom1BR,1BA$1.27

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Pet Friendly Lifestyle
Old World Third Street, Milwaukee, WI

Ranked #19

Among neighborhoods in Milwaukee, WI 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 $850.

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

The cheapest apartment in Old World Third Street is The Residences at ThriveOn King which is listed at $438, while the average apartment in Old World Third Street costs $3,207.

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 17 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 $711 which is $2,496 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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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.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

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As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.