Cheap Homes for Rent in Old World Third Street Neighborhood of Milwaukee, WI from $700 (9 Rentals)

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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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 $525. Edgewater East has the second lowest priced unit, which is a 1 Bed apartment currently listed from $680. 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$525
Edgewater EastOne Bedroom1BR,1BA$680
Marquee CommunitiesStudioStudio,1BA$685

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

As of July 09, 2025 the best value apartment in the Old World Third Street area is the $0.78 price per square foot 709 E Brady St Model at 709 E Brady St, Unit 1 in the in the Haymarket neighborhood starting from $1,400. 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$0.78
2457 N 1st St, Unit front back2457 N 1st St1BR,1BA$0.60
1638 N 15th St, Unit 16381638 N 15th St3BR,1BA$1.07
1682 N Franklin Pl, Unit Lower1682 N Franklin Pl2BR,1BA$1.04
1228 E Brady St, Unit B1228 E Brady St2BR,1BA$1.23
Summerfield1 Bed / 1 Bath + Den1BR,1BA$1.19
718 E Pearson St, Unit 2 bedroom Rear Lower718 E Pearson St2BR,1BA$1.10
The GermaniaTwo Bedroom2BR,1.5BA$1.14
Michigan Street Commons2/22BR,2BA$1.25
Edgewater EastOne Bedroom1BR,1BA$1.27

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Frequently Asked Questions about Old World Third Street

What type of rentals are currently available in Old World Third Street?

There are currently 455 Apartments for Rent in Old World Third Street, WI with pricing that ranges from $525 to $15,000. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Old World Third Street ranging from $750 to $4,000.

What is the current price range for Rental Homes in Old World Third Street?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Old World Third Street ranges from $750 to $4,000 with an average monthly rent of $1,800.

How much are larger Three and Four Bedroom Rentals in Old World Third Street?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Old World Third Street range from $1,095 to $15,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,395 to $2,300. Four Bedroom Single-Family rentals are also available starting from $1,800 and Four Bedroom Apartments start at $2,275.

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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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.

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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.

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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.