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

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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

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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 Seaway Terrace Apartments priced from $850. 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
Seaway Terrace ApartmentsStudioStudio,1BA$850
Thompson Meadows Apartments: 55+ AdultOne Bedroom1BR,1BA$975
Welcome Home at Plaza Four Apartments1 Bed 1 Bath1BR,1BA$999

Best Value Apartments for Rent in Town of Lake, WI

As of September 09, 2025 the best value apartment in the Town of Lake area is the $1.05 price per square foot Style B- 2 Bed / 2 Bath + Den Upper Model at Lake Park Reserve in the in the Town of Lake neighborhood starting from $2,000. The second greatest value Town of Lake apartment is the 3235 S Indiana Ave Model at 3235 S Indiana Ave, Unit Lower starting at $1,550 with a $1.19 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.
Lake Park ReserveStyle B- 2 Bed / 2 Bath + Den Upper2BR,2BA$1.05
3235 S Indiana Ave, Unit Lower3235 S Indiana Ave2BR,1BA$1.19
2818 S Delaware Ave, Unit 2818 - Upper2818 S Delaware Ave2BR,1BA$1.54
3027 S Superior St3027 S Superior St2BR,1BA$1.67
5471 S 13th St, Unit #35471 S 13th St2BR,1BA$1.37
Ridge View ApartmentsTwo Bedroom, One Bathroom2BR,1BA$1.47
Layton 1900Bravo2BR,1BA$1.47
Welcome Home at Plaza Four Apartments1 Bed 1 Bath with Balcony/Patio1BR,1BA$1.70
Thompson Meadows Apartments: 55+ AdultOne Bedroom1BR,1BA$1.59
Cudahy Williamstown Bay II1 Bed 1 Bath (1)1BR,1BA$1.83

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Pet Friendly Lifestyle
Town Of Lake, Milwaukee, WI

Ranked #73

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 Thompson Meadows Apartments: 55+ Adult which is listed at $975, while the average apartment in Town of Lake costs $1,752.

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 4 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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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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