Cheap Apartments for Rent in the Sherman Park Neighborhood of Milwaukee, WI from $300 (45 Rentals)

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

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.

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.

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Walnut Park Apartments
1 Bedroom Apartments

Walnut Park Apartments

1551 N 9th StMilwaukee, WI 53205
Senior Living
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28 West Apartments List
Studio to 2 Bedroom Apartments

28 West Apartments List

2841 W Highland BlvdMilwaukee, WI 53208
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4446 N 28th St
Studio to 2 Bedroom Apartments

4446 N 28th St

4446 N 28th StMilwaukee, WI 53209
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West Park Apartments
Studio to 2 Bedroom Apartments

West Park Apartments

4250 W Highland BlvdMilwaukee, WI 53208
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Boulevard Apartments
Studio to 2 Bedroom Apartments

Boulevard Apartments

2830 W Highland BlvdMilwaukee, WI 53208
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Lisbon Adlon Apartments
Studio to 2 Bedroom Apartments

Lisbon Adlon Apartments

4315 W Lisbon AveMilwaukee, WI 53208
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Westport Apartments
Studio to 2 Bedroom Apartments

Westport Apartments

4232 W Highland BlvdMilwaukee, WI 53208
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3008 W State St
1 Bedroom Apartments

3008 W State St

3008 W State StMilwaukee, WI 53208
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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.

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Brewery Point
1 to 2 Bedroom Apartments

Brewery Point

1244 N 9th StMilwaukee, WI 53205
Senior Living
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Highlander
1 to 2 Bedroom Apartments

Highlander

2936 W Highland BlvdMilwaukee, WI 53208
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C.G. Robinson Terrace
1 Bedroom Apartments

C.G. Robinson Terrace

2020 N 15th StMilwaukee, WI 53205
Senior Living
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4215 W Martin Dr
Studio to 2 Bedroom Apartments

4215 W Martin Dr

4215 W Martin DrMilwaukee, WI 53208
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University Crossing I
Studio to 2 Bedroom Apartments

University Crossing I

923 N 14th StMilwaukee, WI 53233
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McGuire Flats
Studio to 1 Bedroom Apartments

McGuire Flats

920 N 15th StMilwaukee, WI 53233
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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.

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Imperial Apartments
1 to 2 Bedroom Apartments

Imperial Apartments

6766 W Appleton AveMilwaukee, WI 53216
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6701-6710 W Keefe Ave
2 Bedroom Apartments

6701-6710 W Keefe Ave

6701-6710 W Keefe AveMilwaukee, WI 53216
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Highland Court
1 to 2 Bedroom Apartments

Highland Court

2725 W Highland BlvdMilwaukee, WI 53208
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Lisbon Apartments
1 Bedroom Apartments

Lisbon Apartments

6110 W Lisbon AveMilwaukee, WI 53210
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Boulevard Commons
2 to 3 Bedroom Apartments

Boulevard Commons

4221 W North AveMilwaukee, WI 53208

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

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
University Crossing IIStudioStudio,1BA$755
Gorman Homes1 Bedroom1BR,1BA$774
William A. Passavant SeniorOne Bedroom, One Bath1BR,1BA$801
Johnson Legacy WestStudioStudio,1BA$805
CWC Community Within the CorridorFond Du LacStudio,1BA$854
Columbia Square1 Bed, 1 bath1BR,1BA$900
Brewery Point1x11BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
3946 N 25th St, Unit Lower3946 N 25th St2BR,1BA$0.97
McKinley School Apartments, LLC2Bd/1Bth2BR,1BA$0.63
3250 N 50th St, Unit 32503250 N 50th St2BR,1BA$1.08
4370 N 28th St, Unit Upper4370 N 28th St2BR,1BA$0.96
4244 N 18th St, Unit Upper4244 N 18th St2BR,1BA$0.85
Columbia Square1 Bed, 1 bath1BR,1BA$0.77
3261-3263 N 26th St, Unit down3261-3263 N 26th St2BR,1BA$1.04
2327 N 14th St, Unit Upper2327 N 14th St2BR,1BA$1.05
3700 N 15th St, Unit Lower3700 N 15th St3BR,1BA$1.10
3935 N 13th St, Unit Lower3935 N 13th St2BR,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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick 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.

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Pet Friendly Lifestyle
Sherman Park, Milwaukee, WI

Ranked #203

Among cities in Wisconsin for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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

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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.

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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.

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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.

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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.