Cheap Apartments for Rent in the South Milwaukee Neighborhood of Milwaukee, WI from $300 (302 Rentals)

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Search the lowest-cost Apartments available for rent right now in the South Milwaukee 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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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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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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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.

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South Milwaukee, Milwaukee, WI Local Guide

Cheapest Available South Milwaukee Apartments for Rent

 

The cheapest available apartment rental in the South Milwaukee area of Milwaukee, WI is a 1 Bed unit found at Schuster Historic Lofts priced from $486. Corliss has the second lowest priced unit, which is a 1 Bed apartment currently listed from $623. Here are the most affordable South Milwaukee apartments for rent in Milwaukee, WI:

Apartment ListingModel NameBed/BathPriced From
Schuster Historic LoftsOne Bedroom1BR,1BA$486
CorlissSAWYER1BR,1BA$623
5302 W Burnham St. 6 Unit1BR/1.0BA1BR,1BA$795
Burnham Hill ApartmentsStudioStudio,1BA$824
4611 W National AveStudiosStudio,1BA$825
The Landing at 1st StreetStudioStudio,1BA$860
SouthgateAlcove1BR,1BA$865
Clybourn PlaceStudioStudio,1BA$870
3130 S 48th St. - 8 Family1BR/1.0BA1BR,1BA$875

Best Value Apartments for Rent in South Milwaukee, WI

As of December 31, 2025 the best value apartment in the South Milwaukee area is the $1.14 price per square foot L Model at Heritage Village Apartments in the in the Gra-Ram neighborhood starting from $1,255. The second greatest value South Milwaukee apartment is the 3x2 Model at Grand Avenue Lofts starting at $1,100 with a $1.00 price per square foot in the Haymarket neighborhood. Here is today’s list of the best values for South Milwaukee apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Heritage Village ApartmentsL2BR,2BA$1.14
Grand Avenue Lofts3x23BR,2BA$1.00
The Legacy (55+ Community)2BR/2.0BA2BR,2BA$1.09
1921-1923 W Greenfield Ave. (5 Unit)2BR/1.0BA2BR,1BA$0.83
The Berkshire Senior LivingUnit E2BR,2BA$1.17
Heritage Lake Senior Apartments 55+Two Bedroom Deluxe2BR,2BA$1.12
Cottonwood Trails - 55+ CommunityJ2BR,1BA$1.09
7319 W Tripoli Ave, Unit 27319 W Tripoli Ave2BR,1BA$1.20
Schuster Historic LoftsStudioStudio ,1BA$1.07
318 N 41st St, Unit 318B318 N 41st St1BR,1BA$1.07

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
South Milwaukee, Milwaukee, WI

Ranked #18

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
South Milwaukee, Milwaukee, WI

School data provided by Great Schools

Lifestyle Ratings

This website works hard to bring you Lifestyle Ratings of rentals and neighborhoods across the USA, including South Milwaukee, Milwaukee, and the greater Milwaukee area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and outdoor amenities like tennis courts, kid and pet-friendly communities, availability of transit options, and how walkable or bikeable each community and area is. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap South Milwaukee Apartments

What is a cheap apartment in South Milwaukee?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in South Milwaukee is under $875.

What is the price of a cheap apartment in South Milwaukee?

The cheapest apartment in South Milwaukee is Schuster Historic Lofts which is listed at $486, while the average apartment in South Milwaukee costs $2,390.

What types of apartments are the cheapest in South Milwaukee?

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 70 regular apartments in South Milwaukee 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 South Milwaukee?

Cheap apartments in South Milwaukee have an average cost of $105 which is $2,285 cheaper than the average rent for all rentals in South Milwaukee.

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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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.

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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.