
Cheap Apartments for Rent in the Sherman Park Neighborhood of Milwaukee, WI from $394 (100 Rentals)
Search the lowest-cost Apartments available for rent right now in the Sherman Park area of Milwaukee.


3601 W Highland Blvd

Marquee Communities

3935A N 13th St

3935 N 13th St

2876 N 26th St

4211 W Vliet St

1000-1002 W North Ave

Legacy Lofts at the Blommer Ice Cream Factory

3405A N 10th St
An Insider's Guide to Apartment Living Near Milwaukee's Four Employer Clusters
Discover Milwaukee apartment living from Downtown lofts to affordable suburban homes. We detail neighborhoods near the four major employment hubs: urban, leafy, and everything in between.

William A. Passavant Senior

Johnson Legacy West

Historic Lofts on Kilbourn

Gorman Homes

3219A-Upper N 52nd St

3735 N 9th St

3219 N 52nd St

3907AUER N 39th St

2545A N 52nd St

2545 N 52nd St
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

5601 W Burleigh St

Total Monthly Price
1310 W Clarke St, Unit 1310A

1724 N 24th St

3515 N 60th St

1127 N 26th St

3147 N 35th St

3335-3337-3337 N 25th St

Dr. Wesley Scott

CWC — Community Within the Corridor

4047 N 19th St.
A Local Expert's Guide to Milwaukee: Neighborhoods, Traditions, and the Cozy Spirit of Gemütlichkeit
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Total Monthly Price
2911 N 9th St, Unit 2911-A

2520A W Hadley St

4522 N Teutonia Ave

2555A 16th St

McKinley School Apartments, LLC

2621 N 15th St

3716 N 17th St

4518-4526-4526 W Burleigh St

2105 N 44th St

3334 N 14th St
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

2760-2762-2762 N 18th St

3123 N 24th St

3835 N 11th St

Himount Gardens

Columbia Square

3201 N 39th St

3326 N 29th St, Unit 3326 N 29th st. LOWER

Total Monthly Price
1134 N 44th St, Unit Lower

3123-3125 W Garfield Ave

Walnut Park Apartments
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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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 | $964 | $705 | $1,440 |
| Sherman Park 1 Bedroom Apartments | $1,240 | $700 | $2,109 |
| Sherman Park 2 Bedroom Apartments | $1,456 | $700 | $2,736 |
| Sherman Park 3 Bedroom Apartments | $1,661 | $800 | $2,939 |
| Sherman Park 4 Bedroom Apartments | $10,111 | $1,095 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 100 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 |
| 2214-2220 W Hopkins St. (8 Unit) | 1BR/1.0BA | 1BR, 1BA | $695 |
| Marquee Communities | Studio | Studio, 1BA | $705 |
| University Crossing II | Studio | Studio, 1BA | $755 |
| Charming 1BR Milwaukee Apartment | 1BR/1.0BA | 1BR, 1BA | $775 |
| William A. Passavant Senior | One Bedroom, One Bath | 1BR, 1BA | $801 |
| Historic Lofts on Kilbourn | One Bedroom | 1BR, 1BA | $833 |
| 4047-4272 N Sherman Blvd | 1 Beds, 1 Baths | 1BR, 1BA | $895 |
| Dr. Wesley Scott | 1 Bedroom | 1BR, 1BA | $896 |
Best Value Apartments for Rent in Sherman Park, WI
As of September 22, 2026 the best value apartment in the Sherman Park area is the $0.83 price per square foot 3744 W Miller Ln Model at 3744 W Miller Ln, Unit 3744 w Miller Ln Upper in the National Park neighborhood starting from $1,500. The second greatest value Sherman Park apartment is the 2Bd/1Bth Model at McKinley School Apartments, LLC in the Haymarket neighborhood starting at $948 with a $0.63 price per square foot. 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. |
|---|---|---|---|
| 3744 W Miller Ln, Unit 3744 w Miller Ln Upper | 3744 W Miller Ln | 3BR, 1BA | $0.83 |
| McKinley School Apartments, LLC | 2Bd/1Bth | 2BR, 1BA | $0.63 |
| 3164 N 55th St, Unit Upper Unit | 3164 N 55th St | 2BR, 1BA | $1.06 |
| Columbia Square | 2 bedroom | 2BR, 2BA | $0.84 |
| 4023 N 24th Pl, Unit 4023 | 4023 N 24th Pl | 2BR, 1BA | $1.14 |
| 2231 N 41st St | 2231 N 41st St | 3BR, 1BA | $1.14 |
| 1134 N 44th St, Unit Lower | 1134 N 44th St | 2BR, 1BA | $1.00 |
| BHT Investments- 3066 | 1BR/1.0BA | 1BR, 1BA | $1.00 |
| Historic Lofts on Kilbourn | One Bedroom | 1BR, 1BA | $1.04 |
| 2911 N 9th St, Unit 2911-A | 2911 N 9th St | 2BR, 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.
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 LifestyleSherman Park, Milwaukee, WI
Ranked #167
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 $896.
What is the price of a cheap apartment in Sherman Park?
The cheapest apartment in Sherman Park is 2214-2220 W Hopkins St. (8 Unit) which is listed at $695, while the average apartment in Sherman Park costs $1,222.
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 33 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 $238 which is $984 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.
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.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
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.