Cheap Apartments for Rent in the Schlitz Park Neighborhood of Milwaukee, WI from $450 (464 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Schlitz Park area of Milwaukee.

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property at 2621 W Pierce St

$800 - $1,350

1 To 2 Bedroom Rentals

Available Now

2621 W Pierce St

MilwaukeeWI53204

A Local Expert's Guide to Milwaukee: Neighborhoods, Traditions, and the Cozy Spirit of Gemütlichkeit

Uncover Milwaukee's affordable, vibrant neighborhoods and down-to-earth charm. Get a local expert's take on the city's renaissance, favorite traditions, and famous Gemütlichkeit (cozy spirit).

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property at 1724 N 24th St

$860 - $995

Studio To 2 Bedroom Rentals

Available Now

1724 N 24th St

MilwaukeeWI53205

Check Out Milwaukee’s Best Affordable Neighborhoods

Learn about Milwaukee and the best places to live with original content written by our Local Expert Tim Brown

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Showing Results 1-50, Page 1 of 10

Schlitz Park, Milwaukee, WI Local Guide

Cheapest Available Schlitz Park Apartments for Rent

 

The cheapest available apartment rental in the Schlitz Park 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 Schlitz Park apartments for rent in Milwaukee, WI:

Apartment ListingModel NameBed/BathPriced From
Fairmount ApartmentsStudioStudio,1BA$675
University Crossing IStudioStudio,1BA$685
Tioga ApartmentsStudioStudio,1BA$695
2214-2220 W Hopkins St. (8 Unit)1BR/1.0BA1BR,1BA$695
Lakeside ApartmentsStudioStudio,1BA$695
McGuire FlatsStudioStudio,1BA$695
Colonial ApartmentsStudio *StandardStudio,1BA$695
The Astor Hotel ApartmentsEfficiency StudioStudio,1BA$700
Marquee CommunitiesStudioStudio,1BA$705
Pleasant ApartmentsStudio ApartmentStudio,1BA$725

Best Value Apartments for Rent in Schlitz Park, WI

As of August 31, 2026 the best value apartment in the Schlitz Park area is the $1.17 price per square foot Live-Work Apartments Model at Bronzeville Apartments in the in the Haymarket neighborhood starting from $1,950. The second greatest value Schlitz Park apartment is the 3 Bed 1 Bath Model at University Row starting at $1,250 with a $0.87 price per square foot in the Haymarket neighborhood. Here is today’s list of the best values for Schlitz Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Bronzeville ApartmentsLive-Work Apartments3BR,2BA$1.17
University Row3 Bed 1 Bath3BR,1BA$0.87
McKinley School Apartments, LLC3Bd/2Bth3BR,2BA$1.01
The Shorecrest2 BR / 1 BA2BR,1BA$1.04
2952 N Booth St, Unit 2952 N Booth St2952 N Booth St2BR,1BA$1.00
329 E Garfield Ave, Unit 1329 E Garfield Ave2BR,1.5BA$1.18
The GermaniaTwo Bedroom2BR,1.5BA$1.13
RW Apartments I and II2x12BR,1BA$0.99
Historic Lofts on KilbournOne Bedroom1BR,1BA$1.04
2911 N 9th St, Unit 2911-A2911 N 9th St2BR,1BA$1.13

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.

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Real 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.

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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
Schlitz Park, Milwaukee, WI

Ranked #3

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
Schlitz Park, Milwaukee, WI

School data provided by Great Schools

Lifestyle Ratings

Our team of engineers and researchers compares millions of points of data to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in metropolitan areas across the United States, including Milwaukee. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including rankings of the best places for proximity to parks, luxury amenities, transit availability, pet-friendly communities, family-friendly amenities, walking, and biking. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Schlitz Park Apartments

What is a cheap apartment in Schlitz Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Schlitz Park is under $725.

What is the price of a cheap apartment in Schlitz Park?

The cheapest apartment in Schlitz Park is 2214-2220 W Hopkins St. (8 Unit) which is listed at $695, while the average apartment in Schlitz Park costs $1,750.

What types of apartments are the cheapest in Schlitz Park?

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 93 regular apartments in Schlitz Park 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 Schlitz Park?

Cheap apartments in Schlitz Park have an average cost of $151 which is $1,599 cheaper than the average rent for all rentals in Schlitz Park.

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

decorative image for An Insider's Guide to Apartment Living Near Milwaukee's Four Employer Clusters article

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.

decorative image for A Local Expert's Guide to Milwaukee: Neighborhoods, Traditions, and the Cozy Spirit of Gemütlichkeit article

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.

decorative image for The Top Neighborhoods for Off-Campus Housing for Milwaukee-Area College Students article

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.

decorative image for Finding The Best Affordable Milwaukee Neighborhoods to Rent article

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

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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.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

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decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.