
Cheap Apartments for Rent in the Sherman Park Neighborhood of Milwaukee, WI from $300 (95 Rentals)
Search the lowest-cost Apartments available for rent right now in the Sherman Park area of Milwaukee.


2148 N 29th St

2148 N 29th St

2148 N 29th St

Rooted & Rising Apartments & Townhomes

3444 N 17th St

Marquee Communities

Legacy Lofts at the Blommer Ice Cream Factory

3410 N 23rd St

William A. Passavant Senior
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Johnson Legacy West

1538 N 29th St

2335 W Burleigh St

Historic Lofts on Kilbourn

3355 N 28th St

2729 N 27th St

3524 N 21st St

Gorman Homes

Total Monthly Price
2550 N 45th St, Unit 2550A, Unit 2550A

2484 W Chambers St
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.

2146 N 35th St

McKinley School Apartments, LLC

1945 W Finn Pl

3747 N 16th St

2876 N 26th St

CWC Community Within the Corridor

2865-2867-2867 N 19th St.

4021 N 24th Pl

4142 W Lisbon Ave

3324 N 27th St
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.

4140 W Lisbon Ave

Himount Gardens

3309 N 12th St

3072 N 49th St

2126-2128-2128 N 46th St

3606-3608-3608 N 41st St

1751 N 60th St

Columbia Square

3023 N 14th St

3130 N 45th St
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.

3130A N 45th St

2721-2723-2723 N 20th St

2756 N 44th St

2145 N 29th St

2909-2911-2911 N 29th St

2600 N 50th St

3950 N 11th St

2118 N 24th Pl

Dr. Wesley Scott

2841 N 49th St
A Local Expert's Guide to Milwaukee: Neighborhoods, Traditions, and the Cozy Spirit of Gemütlichkeit
Uncover Milwaukee's affordable, vibrant neighborhoods and down-to-earth charm. Get a local expert's take on the city's renaissance, favorite traditions, and famous Gemütlichkeit (cozy spirit).
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 | $1,042 | $705 | $1,550 |
| Sherman Park 1 Bedroom Apartments | $1,383 | $695 | $2,229 |
| Sherman Park 2 Bedroom Apartments | $1,614 | $675 | $4,485 |
| Sherman Park 3 Bedroom Apartments | $1,909 | $800 | $3,999 |
| Sherman Park 4 Bedroom Apartments | $1,425 | $1,400 | $1,450 |
Browse Apartments in this Neighborhood
There are currently 95 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 |
| 4226 W. Highland Blvd. - 8 Unit | 0BR/1.0BA | Studio,1BA | $695 |
| University Crossing II | Studio | Studio,1BA | $755 |
| William A. Passavant Senior | One Bedroom, One Bath | 1BR,1BA | $801 |
| Johnson Legacy West | Studio | Studio,1BA | $805 |
| Historic Lofts on Kilbourn | One Bedroom | 1BR,1BA | $833 |
| Himount Gardens | 1 BR w/Eat-in Kitchen | 1BR,1BA | $940 |
Best Value Apartments for Rent in Sherman Park, WI
As of May 08, 2026 the best value apartment in the Sherman Park area is the $0.68 price per square foot 2769 N 27th St Model at 2769 N 27th St in the in the Haymarket neighborhood starting from $1,300. The second greatest value Sherman Park apartment is the 6107 W Center St Model at 6107 W Center St starting at $1,350 with a $1.07 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2769 N 27th St | 2769 N 27th St | 3BR,1BA | $0.68 |
| 6107 W Center St | 6107 W Center St | 2BR,1BA | $1.07 |
| 2658 N 61st St, Unit Upper Duplex | 2658 N 61st St | 2BR,1BA | $1.00 |
| Columbia Square | 2 bedroom | 2BR,2BA | $0.84 |
| 4114 N Toronto St, Unit Lower | 4114 N Toronto St | 3BR,1BA | $1.29 |
| 2550 N 45th St, Unit 2550A | 2550 N 45th St | 1BR,1BA | $1.06 |
| Historic Lofts on Kilbourn | One Bedroom | 1BR,1BA | $1.04 |
| 4226 W. Highland Blvd. - 8 Unit | 0BR/1.0BA | Studio ,1BA | $0.99 |
| William A. Passavant Senior | One Bedroom, One Bath | 1BR,1BA | $1.19 |
| 2214-2220 W Hopkins St. (8 Unit) | 1BR/1.0BA | 1BR,1BA | $1.31 |
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 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 #166
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 $940.
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 $1,527.
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 18 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 $1,054 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

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.

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.

A Local Experts 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.
Articles, How-To's, and Tips

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.