
Cheap Homes for Rent in the Old World Third Street Neighborhood of Milwaukee, WI from $825 (18 Rentals)
Search the lowest-cost Homes available for rent right now in the Old World Third Street area of Milwaukee.


1015 E Wright St, Unit A

1021 E Brady St

2436 N 1st St, Unit A

612 W Wisconsin Ave, Unit 2

1140 E Hamilton St
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3817 N Humboldt Ave, Unit 3

2439 Dr. William Finlayson St

2441 Dr. William Finlayson St

904 E Pearson St

1609 W Meinecke Ave

2454 N Pierce St
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2335 N 16th St

2080 N Commerce St

1754 N Astor St

1219 E Kane Pl

1924 N Hubbard St

1862 N 13th St
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Old World Third Street, Milwaukee, WI Local Guide

How much does it cost to rent a home in Old World Third Street?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Old World Third Street 2 Bedroom Homes for Rent | $1,801 | $1,150 | $3,000 |
| Old World Third Street 3 Bedroom Homes for Rent | $2,089 | $1,450 | $2,950 |
| Old World Third Street 4 Bedroom Homes for Rent | $1,300 | $1,300 | $1,300 |
Browse Homes for Rent in this Neighborhood
There are currently 18 rentals with your search options within a 1 mile radius of the Old World Third Street Neighborhood of Milwaukee, WI.
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Old World Third Street, Milwaukee, WI Local Guide
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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 Studio unit found at Fairmount Apartments priced from $675. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Fairmount Apartments | Studio | Studio,1BA | $675 |
| University Crossing I | Studio | Studio,1BA | $685 |
| Lakeside Apartments | Studio | Studio,1BA | $695 |
| McGuire Flats | Studio | Studio,1BA | $695 |
| Colonial Apartments | Studio *Standard | Studio,1BA | $695 |
Best Value Apartments for Rent in Old World Third Street, WI
As of September 09, 2026 the best value apartment in the Old World Third Street area is the $0.89 price per square foot 1668 N Van Buren St Model at 1668 N Van Buren St, Unit Upper Unit in the in the Haymarket neighborhood starting from $1,950. The second greatest value Old World Third Street apartment is the Live-Work Apartments Model at Bronzeville Apartments starting at $1,950 with a $1.17 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1668 N Van Buren St, Unit Upper Unit | 1668 N Van Buren St | 3BR,1BA | $0.89 |
| Bronzeville Apartments | Live-Work Apartments | 3BR,2BA | $1.17 |
| City Hall Square Apartments | 2 Bed/2Bath Market Rate | 2BR,2BA | $1.30 |
| Summerfield | 1 Bed / 1 Bath + Den | 1BR,1BA | $1.26 |
| 329 E Garfield Ave, Unit 1 | 329 E Garfield Ave | 2BR,1.5BA | $1.18 |
| City Place Apartments | 3B2B-5 | 3BR,2BA | $0.87 |
| RW Apartments I and II | 2x1 | 2BR,1BA | $0.99 |
| Michigan Street Commons | The Brewer | 2BR,2BA | $1.26 |
| 2407 N 6th St, Unit Rear Lower Unit | 2407 N 6th St | 2BR,1BA | $1.11 |
| Ingram Place | G MR | 1BR,1BA | $1.27 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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.
Pet Friendly LifestyleOld World Third Street, Milwaukee, WI
Ranked #24
Among cities in Wisconsin for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Old World Third Street, Milwaukee, WI
Elm Creative Arts Elementary School
Roosevelt Middle School of the Arts
School data provided by Great Schools
Frequently Asked Questions about Old World Third Street
What type of rentals are currently available in Old World Third Street?
There are currently 465 Apartments for Rent in Old World Third Street, WI with pricing that ranges from $544 to $25,015. There are also 55 Single Family Homes for rent, Condos, and Townhome rentals currently available in Old World Third Street ranging from $825 to $3,500.
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 $825 to $3,500 with an average monthly rent of $1,795.
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 $863 to $15,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,450 to $2,950. Four Bedroom Single-Family rentals are also available starting from $1,300 and Four Bedroom Apartments start at $1,400.
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.
Helpful Local Expert Guides

An Insider's Guide to Apartment Living Near Milwaukee's Four Employer Clusters
Written by: Tim Brown
Having grown up in Milwaukee and lived in Waukesha for several years, I have come to realize that the Milwaukee metro area offers diverse employment and housing opportunities.

A Local Expert's Guide to Milwaukee: Neighborhoods, Traditions, and the Cozy Spirit of Gemütlichkeit
Written by: Tim Brown
I'm Tim, your ApartmentHomeLiving.com Local Expert for Milwaukee, Wisconsin. Growing up in the city and then blocks outside the border, Milwaukee's neighborhoods have been home to friends and family for years.

The Top Neighborhoods for Off-Campus Housing for Milwaukee-Area College Students
Written by: Tim Brown
I'm Tim, your ApartmentHomeLiving.com Local Expert for Milwaukee, Wisconsin. Growing up in the city and then blocks outside the border, many of the Milwaukee neighborhoods profiled here have been home to friends and family.

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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
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Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.