Cheap Apartments for Rent in the Schlitz Park Neighborhood of Milwaukee, WI from $400 (463 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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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 1 Bed unit found at RW Apartments I and II priced from $513. MLK Library Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $667. Here are the most affordable Schlitz Park apartments for rent in Milwaukee, WI:

Apartment ListingModel NameBed/BathPriced From
RW Apartments I and II1x1 683sf1BR,1BA$513
MLK Library Apartments2x1-V2BR,1BA$667
Edgewater EastOne Bedroom1BR,1BA$680
University Crossing IStudioStudio,1BA$685
Marquee CommunitiesStudioStudio,1BA$685
McGuire FlatsStudioStudio,1BA$695
Buckingham ApartmentsSmall StudioStudio,1BA$695
Fairmount ApartmentsEfficiencyStudio,1BA$695
The Astor Hotel ApartmentsEfficiency StudioStudio,1BA$700
Lakeside ApartmentsStudio RemodledStudio,1BA$725

Best Value Apartments for Rent in Schlitz Park, WI

As of August 04, 2025 the best value apartment in the Schlitz Park area is the $1.13 price per square foot 2700 N Prospect Ave Model at 2700 N Prospect Ave, Unit 2700 in the in the Haymarket neighborhood starting from $2,700. The second greatest value Schlitz Park apartment is the 3322 N Downer Ave Model at 3322 N Downer Ave, Unit 3322 starting at $2,000 with a $1.11 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.
2700 N Prospect Ave, Unit 27002700 N Prospect Ave4BR,2BA$1.13
3322 N Downer Ave, Unit 33223322 N Downer Ave4BR,2BA$1.11
709 E Brady St, Unit 1709 E Brady St3BR,1BA$0.72
2869 N 21st St, Unit lower2869 N 21st St2BR,1BA$0.74
1712 E Park Pl, Unit 11712 E Park Pl3BR,1BA$1.06
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$1.00
3127 N Bartlett Ave, Unit 23127 N Bartlett Ave3BR,1BA$1.12
The Park at 1824 Student Apartments2 Bedroom Apartment2BR,1BA$1.11

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Pet Friendly Lifestyle
Schlitz Park, Milwaukee, WI

Ranked #4

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.

Getting Around the Schlitz Park Neighborhood in Milwaukee, WI

Walk Score®

92 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

80 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

67 / 100

Good Transit

Many nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 RW Apartments I and II which is listed at $513, while the average apartment in Schlitz Park costs $2,822.

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 39 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 $149 which is $2,673 cheaper than the average rent for all rentals in Schlitz Park.

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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