
Cheap Apartments for Rent in the Sherman Park Neighborhood of Milwaukee, WI from $300 (45 Rentals)
Search the lowest-cost Apartments available for rent right now in the Sherman Park area of Milwaukee.


Gorman Homes

Marquee Communities

Legacy Lofts at the Blommer Ice Cream Factory

3123-23A N 37th St

2500 W Fond du Lac Ave

William A. Passavant Senior

Johnson Legacy West

Himount Gardens
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

3356 N 12th St

CWC Community Within the Corridor

McKinley School Apartments, LLC

3739 N 17th St

3128 N 38th St

3935 N 13th St, Unit Lower

1902 W Nash St

2935 N 57th St

Columbia Square
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Walnut Park Apartments

37th St School Senior Apartments

28 West Apartments List

4446 N 28th St

West Park Apartments

Boulevard Apartments

Lisbon Adlon Apartments

Westport Apartments

3008 W State St
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Brewery Point

Cantona Court Apartments

Highlander

Roosevelt Garden Apartments

C.G. Robinson Terrace

4215 W Martin Dr

University Crossing I

McGuire Flats

2214-2220 W Hopkins St. (8 Unit)
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Imperial Apartments

6701-6710 W Keefe Ave

3030 - 3036 N 70th St

University Crossing II

Highland Court

Fond Du Lac Center

Lisbon Apartments

Boulevard Commons

Garfield Park Apartments
Navigating 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.
Sherman Park, Milwaukee, WI Local Guide

How much does it cost to rent an apartment in Sherman Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Sherman Park Studio Apartments | $913 | $705 | $1,395 |
| Sherman Park 1 Bedroom Apartments | $1,404 | $774 | $2,137 |
| Sherman Park 2 Bedroom Apartments | $1,507 | $650 | $3,803 |
| Sherman Park 3 Bedroom Apartments | $1,717 | $750 | $3,800 |
| Sherman Park 4 Bedroom Apartments | $1,193 | $870 | $1,736 |
Browse Apartments in this Neighborhood
There are currently 45 rentals with your search options within a 2 mile radius of the Sherman Park Neighborhood of Milwaukee, WI.
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Sherman Park, Milwaukee, WI Local Guide
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Cheapest Available Sherman Park Apartments for Rent
 The cheapest available apartment rental in the Sherman Park area of Milwaukee, WI is a Studio unit found at University Crossing I priced from $685. McGuire Flats has the second lowest priced unit, which is a Studio apartment currently listed from $695. Here are the most affordable Sherman Park apartments for rent in Milwaukee, WI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| University Crossing I | Studio | Studio,1BA | $685 |
| McGuire Flats | Studio | Studio,1BA | $695 |
| University Crossing II | Studio | Studio,1BA | $755 |
| Gorman Homes | 1 Bedroom | 1BR,1BA | $774 |
| William A. Passavant Senior | One Bedroom, One Bath | 1BR,1BA | $801 |
| Johnson Legacy West | Studio | Studio,1BA | $805 |
| CWC Community Within the Corridor | Fond Du Lac | Studio,1BA | $854 |
| Columbia Square | 1 Bed, 1 bath | 1BR,1BA | $900 |
| Brewery Point | 1x1 | 1BR,1BA | $945 |
Best Value Apartments for Rent in Sherman Park, WI
As of February 04, 2026 the best value apartment in the Sherman Park area is the $0.97 price per square foot 3946 N 25th St Model at 3946 N 25th St, Unit Lower in the in the Grasslyn Manor neighborhood starting from $1,450. The second greatest value Sherman Park apartment is the 2Bd/1Bth Model at McKinley School Apartments, LLC starting at $948 with a $0.63 price per square foot in the Haymarket neighborhood. Here is today’s list of the best values for Sherman Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 3946 N 25th St, Unit Lower | 3946 N 25th St | 2BR,1BA | $0.97 |
| McKinley School Apartments, LLC | 2Bd/1Bth | 2BR,1BA | $0.63 |
| 3250 N 50th St, Unit 3250 | 3250 N 50th St | 2BR,1BA | $1.08 |
| 4370 N 28th St, Unit Upper | 4370 N 28th St | 2BR,1BA | $0.96 |
| 4244 N 18th St, Unit Upper | 4244 N 18th St | 2BR,1BA | $0.85 |
| Columbia Square | 1 Bed, 1 bath | 1BR,1BA | $0.77 |
| 3261-3263 N 26th St, Unit down | 3261-3263 N 26th St | 2BR,1BA | $1.04 |
| 2327 N 14th St, Unit Upper | 2327 N 14th St | 2BR,1BA | $1.05 |
| 3700 N 15th St, Unit Lower | 3700 N 15th St | 3BR,1BA | $1.10 |
| 3935 N 13th St, Unit Lower | 3935 N 13th St | 2BR,1BA | $0.99 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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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 LifestyleSherman Park, Milwaukee, WI
Ranked #203
Among cities in Wisconsin for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Sherman Park, Milwaukee, WI
School data provided by Great Schools
Frequently Asked Questions about Cheap Sherman Park Apartments
What is a cheap apartment in Sherman Park?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Sherman Park is under $945.
What is the price of a cheap apartment in Sherman Park?
The cheapest apartment in Sherman Park is Gorman Homes which is listed at $774, while the average apartment in Sherman Park costs $9,000.
What types of apartments are the cheapest in Sherman 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 11 regular apartments in Sherman 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 Sherman Park?
Cheap apartments in Sherman Park have an average cost of $403 which is $8,597 cheaper than the average rent for all rentals in Sherman 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.
Articles, How-To's, and Tips

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.

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.