Cheap Apartments for Rent in the Sherman Park Neighborhood of Milwaukee, WI from $300 (78 Rentals)

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

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Walnut Park Apartments
1 Bedroom Apartments

Walnut Park Apartments

1551 N 9th StMilwaukee, WI 53205
Senior Living
  • Utilities Included
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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 Marquee Communities priced from $685. University Crossing I has the second lowest priced unit, which is a Studio apartment currently listed from $685. Here are the most affordable Sherman Park apartments for rent in Milwaukee, WI:

Apartment ListingModel NameBed/BathPriced From
Marquee CommunitiesStudioStudio,1BA$685
University Crossing IStudioStudio,1BA$685
McGuire FlatsStudioStudio,1BA$695
University Crossing IIStudioStudio,1BA$755
CWC Community Within the CorridorCenter4BR,2BA$772
Gorman Homes1 Bedroom1BR,1BA$774
Dr. Wesley Scott1 Bedroom1BR,1BA$896
Rooted & Rising Apartments & TownhomesTownhome3BR,2BA$1,050
Himount Gardens2 Bedroom1BR,1BA$1,100

Best Value Apartments for Rent in Sherman Park, WI

As of July 31, 2025 the best value apartment in the Sherman Park area is the $0.53 price per square foot Townhome Model at Rooted & Rising Apartments & Townhomes in the in the Grasslyn Manor neighborhood starting from $1,050. The second greatest value Sherman Park apartment is the 3718 W Vliet St Model at 3718 W Vliet St, Unit A starting at $1,600 with a $0.89 price per square foot in the West Side 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.
Rooted & Rising Apartments & TownhomesTownhome3BR,2.5BA$0.53
3718 W Vliet St, Unit A3718 W Vliet St3BR,1BA$0.89
2869 N 21st St, Unit lower2869 N 21st St2BR,1BA$0.74
2115 N 52nd St, Unit 21152115 N 52nd St3BR,1BA$1.10
1638 N 15th St, Unit 16381638 N 15th St3BR,1BA$1.07
1748 N 54th St, Unit 1748 upper1748 N 54th St3BR,1BA$1.25
3702 N 15th St, Unit Upper3702 N 15th St3BR,1BA$1.08
Himount Gardens2 Bedroom1BR,1BA$1.22
Dr. Wesley Scott1 Bedroom1BR,1BA$1.20
Gorman Homes1 Bedroom1BR,1BA$1.16

Quick Rent Budget Calculator

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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 #135

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

Getting Around the Sherman Park Neighborhood in Milwaukee, WI

Walk Score®

69 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

50 / 100

Bikeable

Some bike infrastructure

Transit Score®

55 / 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 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 $1,100.

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 $1,590.

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 27 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 $473 which is $1,117 cheaper than the average rent for all rentals in Sherman 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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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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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

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