
Cheap Apartments for Rent in the Town of Lake Neighborhood of Milwaukee, WI from $500 (9 Rentals)
Search the lowest-cost Apartments available for rent right now in the Town of Lake area of Milwaukee.

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Cottonwood Trails - 55+ Community

FairCrest Senior Apartments

Thompson Meadows Apartments: 55+ Adult
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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 | $981 | $850 | $1,100 |
Town of Lake 1 Bedroom Apartments | $1,178 | $849 | $3,117 |
Town of Lake 2 Bedroom Apartments | $1,371 | $950 | $2,771 |
Town of Lake 3 Bedroom Apartments | $1,646 | $1,345 | $1,950 |
Browse Apartments in this Neighborhood
There are currently 9 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 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 $875. Here are the most affordable Town of Lake apartments for rent in Milwaukee, WI:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Seaway Terrace Apartments | Studio | Studio,1BA | $850 |
Thompson Meadows Apartments: 55+ Adult | One Bedroom | 1BR,1BA | $875 |
Welcome Home at Plaza Four Apartments | 1 Bed 1 Bath with Balcony/Patio | 1BR,1BA | $999 |
Best Value Apartments for Rent in Town of Lake, WI
As of June 29, 2025 the best value apartment in the Town of Lake area is the $1.12 price per square foot 1324 W Holt Ave Model at 1324 W Holt Ave, Unit 1324A Upper in the in the Far South Side neighborhood starting from $1,345. The second greatest value Town of Lake apartment is the 2x2 Model at Clare Heights Senior Apartments starting at $1,035 with a $1.11 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. |
---|---|---|---|
1324 W Holt Ave, Unit 1324A Upper | 1324 W Holt Ave | 3BR,1BA | $1.12 |
Clare Heights Senior Apartments | 2x2 | 2BR,2BA | $1.11 |
Buckhorn Station Apartment Homes | One Bedroom | 1BR,1BA | $1.30 |
Layton 1900 | Bravo | 2BR,1BA | $1.47 |
Grange/Allison Apartments | Premium 2 Bedroom | 2BR,1BA | $1.68 |
Welcome Home at Plaza Four Apartments | 1 Bed 1 Bath with Balcony/Patio | 1BR,1BA | $1.62 |
Thompson Meadows Apartments: 55+ Adult | One Bedroom | 1BR,1BA | $1.42 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleTown Of Lake, Milwaukee, WI
Ranked #76
Among neighborhoods in Milwaukee, WI for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Town Of Lake, Milwaukee, WI
Reagan College Preparatory High
School data provided by Great Schools
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
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $875, while the average apartment in Town of Lake costs $1,650.
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 9 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.

Finding The Best Affordable Milwaukee Neighborhoods to Rent
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