Cheap Apartments for Rent in the Town of Lake Neighborhood of Milwaukee, WI from $500 (41 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.

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property at 3756 S Whitnall Ave

$1,595

Total Monthly Price

Total Monthly Price

Base Rent
$1,595
Total Monthly Price
$1,595

1 Bedroom, 1.5 Bath Home for Rent

Available Aug 15

3756 S Whitnall Ave

MilwaukeeWI53207
property at 1703 E Morgan Ave

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600
Total Monthly Price
$1,600

2 Bedroom, 1 Bath Townhome for Rent

Available Aug 31

1703 E Morgan Ave

MilwaukeeWI53207
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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

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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Barrington Apartments
2 Bedroom Apartments

Barrington Apartments

4635 S 20th StMilwaukee, WI 53221
  • Utilities Included
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3047 S Howell Ave
1 Bedroom Apartments

3047 S Howell Ave

3047 S Howell AveMilwaukee, WI 53207
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2867 S Kinnickinnic
1 to 2 Bedroom Apartments

2867 S Kinnickinnic

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

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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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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W.G. Apartments
1 Bedroom Apartments

W.G. Apartments

2828 E Bolivar AveSt. Francis, WI 53235
  • Utilities Included
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5510 S Illinois Ave
3 Bedroom Apartments

5510 S Illinois Ave

5510 S Illinois AveCudahy, WI 53110
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Showing Results 1-41, Page 1 of 1

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 Norwich East priced from $899. FairCrest Senior Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $905. Here are the most affordable Town of Lake apartments for rent in Milwaukee, WI:

Apartment ListingModel NameBed/BathPriced From
Norwich East1B1BA1BR,1BA$899
FairCrest Senior Apartments1 Bed 1 Bath1BR,1BA$905
Cudahy Williamstown Bay II1 Bed 1 Bath (1.1)1BR,1BA$985
Plaza Four Apartments1 Bed 1 Bath1BR,1BA$999
Thompson Meadows Apartments: 55+ AdultTwo Bedroom2BR,1BA$1,075
4454 S 14th St. (12 Unit)2BR/1.0BA2BR,1BA$1,200
Layton 1900 Apartments1/11BR,1BA$1,225
3047 S Howell Ave1 Beds, 1 Baths1BR,1BA$1,295

Best Value Apartments for Rent in Town of Lake, WI

As of June 23, 2026 the best value apartment in the Town of Lake area is the $1.39 price per square foot 3149 S Illinois Ave Model at 3149 S Illinois Ave, Unit 3149 in the in the Far South Side neighborhood starting from $1,950. The second greatest value Town of Lake apartment is the 2805 S 7th St Model at 2805 S 7th St, Unit 2805 starting at $1,350 with a $1.42 price per square foot in the National Park 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.
3149 S Illinois Ave, Unit 31493149 S Illinois Ave2BR,1BA$1.39
2805 S 7th St, Unit 28052805 S 7th St2BR,1BA$1.42
Ridge ViewTwo Bedroom, One Bathroom2BR,1BA$1.55
4454 S 14th St. (12 Unit)2BR/1.0BA2BR,1BA$1.49
3047 S Howell Ave1 Beds, 1 Baths1BR,1BA$1.62
3344 E Van Norman Ave, Unit Unit #2 Upstairs3344 E Van Norman Ave2BR,1BA$1.56
Thompson Meadows Apartments: 55+ AdultTwo Bedroom2BR,1BA$1.35
FairCrest Senior Apartments1 Bed 1 Bath1BR,1BA$1.30
Plaza Four Apartments1 Bed 1 Bath1BR,1BA$1.62
Cudahy Williamstown Bay II1 Bed 1 Bath (1.1)1BR,1BA$1.64

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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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Best Local Schools in
Town Of Lake, Milwaukee, WI

School data provided by Great Schools

Frequently Asked Questions about Cheap Town of Lake Apartments

How much is rent for a Cheap One Bedroom Town of Lake Apartment?

The lowest price for a Cheap One Bedroom Town of Lake Apartment is $899 at Norwich East.

What is the lowest price for a Cheap Two Bedroom Town of Lake Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Town of Lake is starting from $1,075 at Thompson Meadows Apartments: 55+ Adult.

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.

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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.

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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.

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An Insiders Guide to Apartment Living Near Milwaukee's Four Employer Clusters

Written by: Tim Brown

Having grown up in Milwaukee and lived in Waukesha for several years, I have come to realize that the Milwaukee metro area offers diverse employment and housing opportunities.

Articles, How-To's, and Tips

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.