Cheap Apartments for Rent in the Town of Lake Neighborhood of Milwaukee, WI from $500 (8 Rentals)

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2892 S Delaware Ave
Studio to 1 Bedroom Apartments

2892 S Delaware Ave

2892 S Delaware AveMilwaukee, WI 53207

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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Pinall Gardens
1 to 3 Bedroom Apartments

Pinall Gardens

4152 S Whitnall AveMilwaukee, WI 53207
  • Utilities Included
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W.G. Apartments
1 Bedroom Apartments

W.G. Apartments

2828 E Bolivar AveSt. Francis, WI 53235
  • Utilities Included

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.

Town of Lake, Milwaukee, WI Local Guide

Cheapest Available Town of Lake Apartments for Rent

 

The cheapest available apartment rental in the Town of Lake area of Milwaukee, WI is a Studio unit found at The Landing at 1st Street priced from $860. Thompson Meadows Apartments: 55+ Adult has the second lowest priced unit, which is a 1 Bed apartment currently listed from $975. Here are the most affordable Town of Lake apartments for rent in Milwaukee, WI:

Apartment ListingModel NameBed/BathPriced From
The Landing at 1st StreetStudioStudio,1BA$860
Thompson Meadows Apartments: 55+ AdultOne Bedroom1BR,1BA$975
Cudahy Williamstown Bay II1 Bed 1 Bath (1.1)1BR,1BA$985

Best Value Apartments for Rent in Town of Lake, WI

As of November 13, 2025 the best value apartment in the Town of Lake area is the $1.29 price per square foot 3078 S Kinnickinnic Ave Model at 3078 S Kinnickinnic Ave, Unit Upper in the in the Far South Side neighborhood starting from $1,800. The second greatest value Town of Lake apartment is the Landing Model at Layton 1900 starting at $1,350 with a $1.32 price per square foot in the Far South Side neighborhood. Here is today’s list of the best values for Town of Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
3078 S Kinnickinnic Ave, Unit Upper3078 S Kinnickinnic Ave3BR,1BA$1.29
Layton 1900Landing2BR,1BA$1.32
South Pine Apartments2 Bed 1 Bath2BR,1BA$1.53
3401 S Howell Ave, Unit 23401 S Howell Ave2BR,1BA$1.74
Buckhorn Station Apartment HomesOne Bedroom1BR,1BA$1.41
4454 S 14th St. (12 Unit)2BR/1.0BA2BR,1BA$1.36
Lofts at Layton2B1B2BR,1BA$1.68
Plaza IV Apartments in St. Francis.1 Bed 1 Bath with Balcony/Patio1BR,1BA$1.62
Thompson Meadows Apartments: 55+ AdultOne Bedroom1BR,1BA$1.59
Cudahy Williamstown Bay II1 Bed 1 Bath (1)1BR,1BA$1.84

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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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
Town Of Lake, Milwaukee, WI

Ranked #102

Among cities in Wisconsin for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Getting Around the Town of Lake Neighborhood in Milwaukee, WI

Walk Score®

64 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

56 / 100

Bikeable

Some bike infrastructure

Transit Score®

42 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Town of Lake Apartments

What is the price of a cheap apartment in Town of Lake?

The cheapest apartment in Town of Lake is The Landing at 1st Street which is listed at $960, while the average apartment in Town of Lake costs $2,150.

What types of apartments are the cheapest in Town of Lake?

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 8 regular apartments in Town of Lake that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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.