
Cheap Apartments for Rent in the Town of Lake Neighborhood of Milwaukee, WI from $500 (47 Rentals)
Search the lowest-cost Apartments available for rent right now in the Town of Lake area of Milwaukee.


The Landing at 1st Street

Total Monthly Price
4176 S 4th St, Unit Upper unit, Unit Upper unit

Total Monthly Price
1129 E Idaho St, Unit #1, Unit #1

4171 S Clement Ave, Unit 4

Layton 1900

Total Monthly Price
2221 E Vollmer Ave, Unit LOWER, Unit LOWER

South Pine Apartments

Total Monthly Price
4383 S 5th Pl, Unit A, Unit A
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.

Lofts at Layton

Total Monthly Price
316A E Burdick Ave, Unit 1 BR with Den BayView, Unit 1 BR with Den BayView

Total Monthly Price
3100 S Griffin Ave, Unit LOWER, Unit LOWER

Total Monthly Price
3104 S Griffin Ave, Unit LOWER, Unit LOWER

3235 S Indiana Ave, Unit Lower, Unit Lower

1211 E Saveland Ave, Unit 1211, Unit 1211

Total Monthly Price
3808 S Brust Ave, Unit 2B-Close To Lake-unfurn., Unit 2B-Close To Lake-unfurn.

3401 S Howell Ave, Unit 2, Unit 2

Total Monthly Price
1129 Idaho E St, Unit 2, Unit 2
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.

3411 S Howell Ave

Total Monthly Price
3806 S Brust Ave, Unit Bay View 3B Close To Lake, Unit Bay View 3B Close To Lake

3508 S Pine Ave, Unit Upper, Unit Upper

2223 E Vollmer Ave

3171 S 9th St

2892 S Delaware Ave

Pinall Gardens

1414-1420 E Warnimont Ave

Bayview
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.

Clare Heights Senior Apartments

3279 S Kinnickinnic Ave

Barrington Apartments

4454 S 14th St. (12 Unit)

2867 S Kinnickinnic

4220 S Vermont Ct

Cottonwood Trails - 55+ Community

Norwich East

FairCrest Senior Apartments
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).

Thompson Meadows Apartments: 55+ Adult

Cudahy Williamstown Bay II

Plaza IV Apartments in St. Francis.

Buckhorn Station Apartment Homes

Grange/Allison Apartments

Ridge View Apartments

2218 E Eden Pl

W.G. Apartments

Adam's Court Apartments
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.

5510 S Illinois Ave

2816 E Allison Ave
Town of Lake, Milwaukee, WI Local Guide

How much does it cost to rent an apartment in Town of Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Town of Lake Studio Apartments | $871 | $780 | $975 |
| Town of Lake 1 Bedroom Apartments | $1,099 | $845 | $1,845 |
| Town of Lake 2 Bedroom Apartments | $1,499 | $1,015 | $2,305 |
| Town of Lake 3 Bedroom Apartments | $1,947 | $1,595 | $2,800 |
Browse Apartments in this Neighborhood
There are currently 47 rentals with your search options within a 2 mile radius of the Town of Lake Neighborhood of Milwaukee, WI.
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Town of Lake, Milwaukee, WI Local Guide
- Nearby Milwaukee neighborhoods
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Landing at 1st Street | Studio | Studio,1BA | $860 |
| Norwich East | 1B1BA | 1BR,1BA | $899 |
| Thompson Meadows Apartments: 55+ Adult | One Bedroom | 1BR,1BA | $975 |
| Cudahy Williamstown Bay II | 1 Bed 1 Bath (1.1) | 1BR,1BA | $985 |
| Plaza IV Apartments in St. Francis. | 1 Bed 1 Bath | 1BR,1BA | $999 |
| FairCrest Senior Apartments | 2 Bed 1 Bath B | 2BR,1BA | $1,015 |
| 4454 S 14th St. (12 Unit) | 2BR/1.0BA | 2BR,1BA | $1,150 |
| Layton 1900 | Alpha | 1BR,1BA | $1,225 |
| South Pine Apartments | 2 Bed 1 Bath | 2BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1129 Idaho E St, Unit 2 | 1129 Idaho E St | 2BR,1BA | $1.18 |
| 3806 S Brust Ave, Unit Bay View 3B Close To Lake | 3806 S Brust Ave | 3BR,1BA | $1.63 |
| Ridge View Apartments | Two Bedroom, One Bathroom | 2BR,1BA | $1.55 |
| 3100 S Griffin Ave, Unit LOWER | 3100 S Griffin Ave | 2BR,1BA | $1.67 |
| South Pine Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.53 |
| 4454 S 14th St. (12 Unit) | 2BR/1.0BA | 2BR,1BA | $1.43 |
| FairCrest Senior Apartments | 2 Bed 1 Bath B | 2BR,1BA | $1.35 |
| 1129 E Idaho St, Unit #1 | 1129 E Idaho St | Studio ,1BA | $1.34 |
| Thompson Meadows Apartments: 55+ Adult | One Bedroom | 1BR,1BA | $1.59 |
| Cudahy Williamstown Bay II | 1 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.
Read ArticleDon'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.
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick 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.
Best Local Schools in Town Of Lake, Milwaukee, WI
Reagan College Preparatory High
School data provided by Great Schools
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

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.

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.

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

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.

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.

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.

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.