Cheap Homes for Rent in Sherman Park Neighborhood of Milwaukee, WI from $700 (19 Rentals)

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Search the lowest-cost Homes 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.

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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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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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Showing Results 1-19, Page 1 of 1

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. 2214-2220 W Hopkins St. (8 Unit) has the second lowest priced unit, which is a 1 Bed 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
2214-2220 W Hopkins St. (8 Unit)1BR/1.0BA1BR,1BA$695
McGuire FlatsStudioStudio,1BA$695
University Crossing IIStudioStudio,1BA$755
Gorman Homes1 Bedroom1BR,1BA$774

Best Value Apartments for Rent in Sherman Park, WI

As of November 11, 2025 the best value apartment in the Sherman Park area is the $0.94 price per square foot 2542-2544 N 51st St Model at 2542-2544 N 51st St, Unit 2544 N 51st st in the in the Grasslyn Manor neighborhood starting from $1,350. 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.
2542-2544 N 51st St, Unit 2544 N 51st st2542-2544 N 51st St3BR,1BA$0.94
McKinley School Apartments, LLC3Bd/2Bth3BR,2BA$1.02
4370 N 28th St, Unit Upper4370 N 28th St2BR,1BA$0.88
Meadow Village3 bedroom3BR,2BA$1.31
1435 N 39th St, Unit 1435 N 39th St1435 N 39th St4BR,1BA$1.32
2608 N 40th St, Unit 2608a2608 N 40th St3BR,1BA$1.18
3208 N 48th St, Unit 32083208 N 48th St1BR,1BA$1.42
Gorman Homes1 Bedroom1BR,1BA$1.16
Brewery Point1x11BR,1BA$1.32
2214-2220 W Hopkins St. (8 Unit)1BR/1.0BA1BR,1BA$1.31

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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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 #126

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 Sherman Park

What type of rentals are currently available in Sherman Park?

There are currently 442 Apartments for Rent in Sherman Park, WI with pricing that ranges from $650 to $9,000. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in Sherman Park ranging from $760 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 $760 to $3,800 with an average monthly rent of $1,667.

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 $1,000 to $3,800. Four Bedroom Single-Family rentals are also available starting from $1,400 and Four Bedroom Apartments start at $870.

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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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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.