Cheap Apartments for Rent in the Sherman Park Neighborhood of Milwaukee, WI from $300 (128 Rentals)

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

property at 3034 W State St

$800 - $1,150

1 To 2 Bedroom Rentals

Available Aug 15

3034 W State St

MilwaukeeWI53208

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property at 2578 N 52nd St

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000
Total Monthly Price
$1,000

3 Bedroom, 1 Bath Townhome for Rent

Available Now

2578 N 52nd St

MilwaukeeWI53210
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2722 N 45th St, Unit A
$1,000
Total Monthly Price

Total Monthly Price

Base Rent
$1,000
Total Monthly Price
$1,000
2 Bedroom Apartment Available Now

2722 N 45th St, Unit A

2722 N 45th StMilwaukee, WI 53210
Cost Per Sq.Ft.
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Sherman Park, Milwaukee, WI Local Guide

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 ListingModel NameBed/BathPriced From
University Crossing IStudioStudio,1BA$685
McGuire FlatsStudioStudio,1BA$695
2214-2220 W Hopkins St. (8 Unit)1BR/1.0BA1BR,1BA$695
Marquee CommunitiesStudioStudio,1BA$705
University Crossing IIStudioStudio,1BA$755
William A. Passavant SeniorOne Bedroom, One Bath1BR,1BA$801
Historic Lofts on KilbournOne Bedroom1BR,1BA$833
4047-4272 N Sherman Blvd1 Beds, 1 Baths1BR,1BA$895
Dr. Wesley Scott1 Bedroom1BR,1BA$896
CWC — Community Within the CorridorTownsend1BR,1BA$897

Best Value Apartments for Rent in Sherman Park, WI

As of August 08, 2026 the best value apartment in the Sherman Park area is the $0.56 price per square foot 912 W Hadley St Model at 912 W Hadley St, Unit 1 in the in the Haymarket neighborhood starting from $1,250. The second greatest value Sherman Park apartment is the 3758 N 41st St Model at 3758 N 41st St, Unit 1 starting at $1,000 with a $0.47 price per square foot in the Grasslyn Manor neighborhood. Here is today’s list of the best values for Sherman Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
912 W Hadley St, Unit 1912 W Hadley St3BR,1BA$0.56
3758 N 41st St, Unit 13758 N 41st St2BR,1BA$0.47
McKinley School Apartments, LLC2Bd/1Bth2BR,1BA$0.63
2330 N 45th St, Unit Upper2330 N 45th St4BR,1BA$1.17
Columbia Square2 bedroom2BR,2BA$0.84
4023 N 24th Pl, Unit 40234023 N 24th Pl2BR,1BA$1.14
4148 N 24th Pl, Unit Upper4148 N 24th Pl2BR,1BA$1.17
2722 N 45th St, Unit A2722 N 45th St2BR,1BA$1.00
2911 N 9th St, Unit 2911-A2911 N 9th St2BR,1BA$1.13
Historic Lofts on KilbournOne Bedroom1BR,1BA$1.04

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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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Pet Friendly Lifestyle
Sherman Park, Milwaukee, WI

Ranked #187

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
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 $897.

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 $1,320.

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 31 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 $360 which is $960 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.

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