Cheap Homes for Rent in Town of Lake Neighborhood of Milwaukee, WI from $900 (6 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

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.

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. 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
The Landing at 1st StreetStudioStudio,1BA$860
Thompson Meadows Apartments: 55+ AdultOne Bedroom1BR,1BA$975
Cudahy Williamstown Bay II1 Bed 1 Bath (1.1)1BR,1BA$985

Best Value Apartments for Rent in Town of Lake, WI

As of November 15, 2025 the best value apartment in the Town of Lake area is the $1.29 price per square foot 3078 S Kinnickinnic Ave Model at 3078 S Kinnickinnic Ave, Unit Upper in the in the Far South Side neighborhood starting from $1,800. The second greatest value Town of Lake apartment is the Landing Model at Layton 1900 starting at $1,350 with a $1.32 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.
3078 S Kinnickinnic Ave, Unit Upper3078 S Kinnickinnic Ave3BR,1BA$1.29
Layton 1900Landing2BR,1BA$1.32
South Pine Apartments2 Bed 1 Bath2BR,1BA$1.53
Buckhorn Station Apartment HomesOne Bedroom1BR,1BA$1.41
4454 S 14th St. (12 Unit)2BR/1.0BA2BR,1BA$1.36
3374 S Indiana Ave, Unit 3374A3374 S Indiana Ave2BR,1BA$1.86
Plaza IV Apartments in St. Francis.1 Bed 1 Bath with Balcony/Patio1BR,1BA$1.62
Thompson Meadows Apartments: 55+ AdultOne Bedroom1BR,1BA$1.59
Cudahy Williamstown Bay II1 Bed 1 Bath (1)1BR,1BA$1.84
The Landing at 1st StreetStudioStudio ,1BA$2.15

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.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Town Of Lake, Milwaukee, WI

Ranked #99

Among cities in Wisconsin for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

decorative image of woman handing cat to small boy

Frequently Asked Questions about Town of Lake

What type of rentals are currently available in Town of Lake?

There are currently 131 Apartments for Rent in Town of Lake, WI with pricing that ranges from $849 to $2,800. There are also 19 Single Family Homes for rent, Condos, and Townhome rentals currently available in Town of Lake ranging from $950 to $3,000.

What is the current price range for Rental Homes in Town of Lake?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Town of Lake ranges from $950 to $3,000 with an average monthly rent of $1,751.

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.

decorative image for Finding The Best Affordable Milwaukee Neighborhoods to Rent article

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 Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.