Cheap Apartments for Rent in the Old World Third Street Neighborhood of Milwaukee, WI from $400 (181 Rentals)

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

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.

Read Article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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property at 1531 N Jackson St

1531 N Jackson St

MilwaukeeWI53202

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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
Lakeside ApartmentsStudioStudio,1BA$695
McGuire FlatsStudioStudio,1BA$695
The Astor Hotel ApartmentsEfficiency StudioStudio,1BA$700
Brewer's HillEfficiencyStudio,1BA$715
Colonial ApartmentsStudio *StandardStudio,1BA$725
Tioga ApartmentsCorner StudioStudio,1BA$725

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

As of October 11, 2025 the best value apartment in the Old World Third Street area is the $1.06 price per square foot 1203 E Brady St Model at 1203 E Brady St, Unit A in the in the Haymarket neighborhood starting from $1,600. 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.
1203 E Brady St, Unit A1203 E Brady St2BR,1.5BA$1.06
2457 N 1st St, Unit front back2457 N 1st St1BR,1BA$0.60
Meadow Village4 bedroom4BR,2BA$1.22
315 E Garfield Ave, Unit Upper315 E Garfield Ave2BR,1BA$1.08
1510 N Jackson St, Unit 1510 N Jackson St1510 N Jackson St2BR,1BA$1.08
Century Building2x22BR,2BA$0.85
Ingram PlaceC MR2BR,2BA$1.21
433 E Lloyd St, Unit 433 Lower433 E Lloyd St2BR,1BA$1.16
The GermaniaTwo Bedroom2BR,1.5BA$1.16
1945 N Dr William Finlayson St, Unit 41945 N Dr William Finlayson St1BR,1BA$1.06

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Pet Friendly Lifestyle
Old World Third Street, Milwaukee, WI

Ranked #23

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 the Cheapest Studio apartment in Old World Third Street?

Currently the most affordable Cheap Studio Apartment in Old World Third Street is at University Crossing I listed at $685.

How much is rent for a Cheap One Bedroom Old World Third Street Apartment?

The lowest price for a Cheap One Bedroom Old World Third Street Apartment is $680 at Edgewater East.

What is the lowest price for a Cheap Two Bedroom Old World Third Street Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Old World Third Street is starting from $850 at Lancaster Apartments.

What is the most affordable Old World Third Street Three Bedroom Apartment?

The best deal on a cheap Old World Third Street Three Bedroom Apartment rental is at Ingram Place and starts from $1,105.

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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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.