Cheap Apartments for Rent in the Town of Lake Neighborhood of Milwaukee, WI from $500 (9 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Town of Lake area of Milwaukee.

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2892 S Delaware Ave
Studio to 1 Bedroom Apartments

2892 S Delaware Ave

2892 S Delaware AveMilwaukee, WI 53207
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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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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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Bayview
2 Bedroom Apartments

Bayview

2406-2430 E Oklahoma 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 1 Bed unit found at Cottonwood Trails - 55+ Community priced from $859. Norwich East has the second lowest priced unit, which is a 1 Bed apartment currently listed from $899. Here are the most affordable Town of Lake apartments for rent in Milwaukee, WI:

Apartment ListingModel NameBed/BathPriced From
Cottonwood Trails - 55+ CommunityD1BR,1BA$859
Norwich East1B1BA1BR,1BA$899
The Landing at 1st StreetOne Bedroom1BR,1BA$960

Best Value Apartments for Rent in Town of Lake, WI

As of March 12, 2026 the best value apartment in the Town of Lake area is the $1.25 price per square foot 1129 Idaho E St Model at 1129 Idaho E St, Unit 2 in the in the Southeast Side neighborhood starting from $1,750. The second greatest value Town of Lake apartment is the 1802 E Howard Ave Model at 1802 E Howard Ave, Unit 2 starting at $1,699 with a $1.54 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.
1129 Idaho E St, Unit 21129 Idaho E St2BR,1BA$1.25
1802 E Howard Ave, Unit 21802 E Howard Ave2BR,1BA$1.54
Buckhorn Station Apartment HomesTwo2BR,1.5BA$1.49
3100 S Griffin Ave, Unit LOWER3100 S Griffin Ave2BR,1BA$1.67
Cudahy CommonsTwo Bedroom A2BR,1BA$1.54
South Pine Apartments2 Bed 1 Bath2BR,1BA$1.53
4454 S 14th St. (12 Unit)2BR/1.0BA2BR,1BA$1.43
Cottonwood Trails - 55+ CommunityD1BR,1BA$1.36
Plaza IV Apartments in St. Francis.1 Bed 1 Bath with Balcony/Patio1BR,1BA$1.70
Thompson Meadows Apartments: 55+ AdultOne Bedroom1BR,1BA$1.59

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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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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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 Cottonwood Trails - 55+ Community which is listed at $859, while the average apartment in Town of Lake costs $1,710.

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

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.

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.

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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.