Cheap Homes for Rent in Sherman Park Neighborhood of Milwaukee, WI from $700 (32 Rentals)

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

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property at 2972 N 51st St

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900

2 Bedroom, 1 Bath Home for Rent

Available Now

2972 N 51st St

MilwaukeeWI53210
property at 3984 N 37th St

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

2 Bedroom, 1.5 Bath Townhome for Rent

Available Now

3984 N 37th St

MilwaukeeWI53216

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property at 3625 W Capitol Dr

$975

Total Monthly Price

Total Monthly Price

Base Rent
$975

Total Monthly Price
$975

2 Bedroom, 1.5 Bath Townhome for Rent

Available Now

3625 W Capitol Dr

MilwaukeeWI53216

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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.

property at 3809 W Galena St

$1,080

Total Monthly Price

Total Monthly Price

Base Rent
$1,080

Total Monthly Price
$1,080

3 Bedroom, 1 Bath Home for Rent

Available Now

3809 W Galena St

MilwaukeeWI53208

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.

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
Himount GardensStudioStudio,1BA$830
Columbia Square1 Bed, 1 bath1BR,1BA$900
CWC Community Within the CorridorTownsend1BR,1BA$913

Best Value Apartments for Rent in Sherman Park, WI

As of February 24, 2026 the best value apartment in the Sherman Park area is the $0.47 price per square foot 3758 N 41st St Model at 3758 N 41st St, Unit 1 in the in the Grasslyn Manor neighborhood starting from $1,000. The second greatest value Sherman Park apartment is the 3Bd/2Bth Model at McKinley School Apartments, LLC starting at $1,307 with a $1.02 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.
3758 N 41st St, Unit 13758 N 41st St1BR,1BA$0.47
McKinley School Apartments, LLC3Bd/2Bth3BR,2BA$1.02
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
1412 N 68th St 6 unit2BR/1.0BA2BR,1BA$1.26
3935 N 13th St, Unit Lower3935 N 13th St2BR,1BA$0.99
CWC Community Within the CorridorTownsend1BR,1BA$1.27
William A. Passavant SeniorOne Bedroom, One Bath1BR,1BA$1.19
Gorman Homes1 Bedroom1BR,1BA$1.16

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 #173

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 Sherman Park

What type of rentals are currently available in Sherman Park?

There are currently 460 Apartments for Rent in Sherman Park, WI with pricing that ranges from $650 to $3,800. There are also 77 Single Family Homes for rent, Condos, and Townhome rentals currently available in Sherman Park ranging from $700 to $3,800.

What is the current price range for Rental Homes in Sherman Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Sherman Park ranges from $700 to $3,800 with an average monthly rent of $1,568.

How much are larger Three and Four Bedroom Rentals in Sherman Park?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Sherman Park range from $750 to $3,800, while Three Bedroom Homes, Condos, and Townhomes for rent range from $875 to $3,800. Four Bedroom Single-Family rentals are also available starting from $1,600 and Four Bedroom Apartments start at $870.

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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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

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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.