Cheap Apartments for Rent in the Town of Lake Neighborhood of Milwaukee, WI from $500 (47 Rentals)

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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.

property at 3508 S Pine Ave

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

2 Bedroom, 1 Bath Townhome for Rent

Available Jun 1

3508 S Pine Ave, Unit Upper, Unit Upper

3508 S Pine Ave
MilwaukeeWI53207
property at 2223 E Vollmer Ave

$1,895

Total Monthly Price

Total Monthly Price

Base Rent
$1,895

Total Monthly Price
$1,895

3 Bedroom, 1 Bath Home for Rent

Available Jun 1

2223 E Vollmer Ave

MilwaukeeWI53207
property at 3171 S 9th St

$2,000

2 Bedroom, 1 Bath Home for Rent

Available Now

3171 S 9th St

MilwaukeeWI53215
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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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Bayview
2 Bedroom Apartments

Bayview

2406-2430 E Oklahoma AveMilwaukee, WI 53207
  • 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.

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Barrington Apartments
2 Bedroom Apartments

Barrington Apartments

4635 S 20th StMilwaukee, WI 53221
  • Utilities Included
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2867 S Kinnickinnic
1 to 2 Bedroom Apartments

2867 S Kinnickinnic

2863-2867 S Kinnickinnic AveMilwaukee, WI 53207
  • Utilities Included

A Local Expert's Guide to Milwaukee: Neighborhoods, Traditions, and the Cozy Spirit of Gemütlichkeit

Uncover Milwaukee's affordable, vibrant neighborhoods and down-to-earth charm. Get a local expert's take on the city's renaissance, favorite traditions, and famous Gemütlichkeit (cozy spirit).

property at 2218 E Eden Pl

$1,550

Total Monthly Price

Total Monthly Price

Base Rent
$1,550

Total Monthly Price
$1,550

2 Bedroom, 1 Bath Townhome for Rent

Available May 15

2218 E Eden Pl

St. FrancisWI53235
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W.G. Apartments
1 Bedroom Apartments

W.G. Apartments

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

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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5510 S Illinois Ave
3 Bedroom Apartments

5510 S Illinois Ave

5510 S Illinois AveCudahy, WI 53110
  • Utilities Included

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. 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
The Landing at 1st StreetStudioStudio,1BA$860
Norwich East1B1BA1BR,1BA$899
Thompson Meadows Apartments: 55+ AdultOne Bedroom1BR,1BA$975
Cudahy Williamstown Bay II1 Bed 1 Bath (1.1)1BR,1BA$985
Plaza IV Apartments in St. Francis.1 Bed 1 Bath1BR,1BA$999
FairCrest Senior Apartments2 Bed 1 Bath B2BR,1BA$1,015
4454 S 14th St. (12 Unit)2BR/1.0BA2BR,1BA$1,150
Layton 1900Alpha1BR,1BA$1,225
South Pine Apartments2 Bed 1 Bath2BR,1BA$1,299

Best Value Apartments for Rent in Town of Lake, WI

As of April 26, 2026 the best value apartment in the Town of Lake area is the $1.18 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 $1,650. The second greatest value Town of Lake apartment is the 3806 S Brust Ave Model at 3806 S Brust Ave, Unit Bay View 3B Close To Lake starting at $1,795 with a $1.63 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$1.18
3806 S Brust Ave, Unit Bay View 3B Close To Lake3806 S Brust Ave3BR,1BA$1.63
Ridge View ApartmentsTwo Bedroom, One Bathroom2BR,1BA$1.55
3100 S Griffin Ave, Unit LOWER3100 S Griffin Ave2BR,1BA$1.67
South Pine Apartments2 Bed 1 Bath2BR,1BA$1.53
4454 S 14th St. (12 Unit)2BR/1.0BA2BR,1BA$1.43
FairCrest Senior Apartments2 Bed 1 Bath B2BR,1BA$1.35
1129 E Idaho St, Unit #11129 E Idaho StStudio ,1BA$1.34
Thompson Meadows Apartments: 55+ AdultOne Bedroom1BR,1BA$1.59
Cudahy Williamstown Bay II1 Bed 1 Bath (1.1)1BR,1BA$1.64

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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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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 Norwich East which is listed at $899, while the average apartment in Town of Lake costs $1,795.

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 6 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.

Helpful Local Expert Guides

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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.

decorative image for The Top Neighborhoods for Off-Campus Housing for Milwaukee-Area College Students   article

The Top Neighborhoods for Off-Campus Housing for Milwaukee-Area College Students

Written by: Tim Brown

I'm Tim, your ApartmentHomeLiving.com Local Expert for Milwaukee, Wisconsin. Growing up in the city and then blocks outside the border, many of the Milwaukee neighborhoods profiled here have been home to friends and family.

decorative image for A Local Experts Guide to Milwaukee: Neighborhoods, Traditions, and the Cozy Spirit of Gemütlichkeit article

A Local Experts Guide to Milwaukee: Neighborhoods, Traditions, and the Cozy Spirit of Gemütlichkeit

Written by: Tim Brown

I'm Tim, your ApartmentHomeLiving.com Local Expert for Milwaukee, Wisconsin. Growing up in the city and then blocks outside the border, Milwaukee's neighborhoods have been home to friends and family for years.

Articles, How-To's, and Tips

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.