Cheap Apartments for Rent in the Old World Third Street Neighborhood of Milwaukee, WI from $400 (141 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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2350 N Holton St, Unit 2352
$900
Total Monthly Price

Total Monthly Price

Base Rent
$900
Total Monthly Price
$900
2 Bedroom Apartment Available Now

2350 N Holton St, Unit 2352

2350 N Holton StMilwaukee, WI 53212
Cost Per Sq.Ft.
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Journal Commons
Rent Specials
$1,175 - $1,995
Total Monthly Price

Total Monthly Price

Base Rent
$1,120 - $1,940
Required Monthly Fees
$55
Total Monthly Price
$1,175 - $1,995
Studio to 1 Bedroom Apartments Available Now

Journal Commons

333 W State StMilwaukee, WI 53203
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Streetcar Flats
Rent Specials
$1,195 - $1,410
Total Monthly Price

Total Monthly Price

Base Rent
$1,155 - $1,370
Required Monthly Fees
$40
Total Monthly Price
$1,195 - $1,410
Studio to 3 Bedroom Apartments Available Now

Streetcar Flats

828 N BroadwayMilwaukee, WI 53202
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Navigating the Rental Market: Tips for First-Time Renters

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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
Lakeside ApartmentsStudioStudio,1BA$695
McGuire FlatsStudioStudio,1BA$695
Fairmount ApartmentsEfficiencyStudio,1BA$695
The Astor Hotel ApartmentsEfficiency StudioStudio,1BA$700
Colonial ApartmentsStudio *StandardStudio,1BA$725
Buckingham ApartmentsSmall StudioStudio,1BA$725
Marshall Hall ApartmentsStudioStudio,1BA$750
Tioga ApartmentsStudioStudio,1BA$750

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

As of March 01, 2026 the best value apartment in the Old World Third Street area is the $1.16 price per square foot 1773 N Astor St Model at 1773 N Astor St, Unit lower flat in the in the Haymarket neighborhood starting from $1,450. The second greatest value Old World Third Street apartment is the 2x2 Model at Century Building starting at $1,018 with a $0.87 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.
1773 N Astor St, Unit lower flat1773 N Astor St3BR,1BA$1.16
Century Building2x22BR,2BA$0.87
Boston Lofts1 Bed - 1 Bath1BR,1BA$1.43
City Hall Square Apartments2 BR / 1 BA Loft *Market Rate2BR,1BA$1.28
2350 N Holton St, Unit 23522350 N Holton St2BR,1BA$0.89
RW Apartments I and II2x2 965sf2BR,2BA$0.95
City Place Apartments2B1B2BR,1BA$1.45
Michigan Street CommonsThe Wisconsin2BR,2BA$1.30
Lancaster Apartments2BR/1BA2BR,1BA$1.44
Edgewater EastOne Bedroom1BR,1BA$1.27

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

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Quick Rent Budget Calculator

How much rent can you afford?

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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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 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 $750.

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 $3,085.

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 18 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 $173 which is $2,912 cheaper than the average rent for all rentals in Old World Third Street.

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.

Articles, How-To's, and Tips

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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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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

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Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.