Cheap Homes for Rent in the Town of Lake Neighborhood of Milwaukee, WI from $1,395 (5 Rentals)

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

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

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property at 5551 S Illinois Ave
$1,625

Total Monthly Price

Base Rent$1,625

Total Monthly Price$1,625
3 Bedroom, 1.5 Bath Townhome for Rent
Available Now
Furnished

5551 S Illinois Ave

CudahyWI53110

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property at 4252 S 1st St
$1,675

Total Monthly Price

Base Rent$1,675

Total Monthly Price$1,675
2 Bedroom, 1 Bath Townhome for Rent
Available Now
Affordability

4252 S 1st St

MilwaukeeWI53207
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Town of Lake, Milwaukee, WI Local Guide

Best Value Homes for Rent in Town of Lake, WI

As of September 19, 2026 the best value rental home in the Town of Lake area is the $1.35 price per square foot 5551 S Illinois Ave Model at 5551 S Illinois Ave in the Town of Lake neighborhood starting from $1,625. The second greatest value Town of Lake rental home is the 4252 S 1st St Model at 4252 S 1st St in the Far South Side neighborhood starting at $1,675 with a $1.76 price per square foot. Here is today’s list of the best values for Town of Lake homes based on price per square foot:

Home ListingModel NameBed/BathPrice Per Sq.Ft.
5551 S Illinois Ave5551 S Illinois Ave3BR, 1.5BA$1.35
4252 S 1st St4252 S 1st St2BR, 1BA$1.76

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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Frequently Asked Questions about Town of Lake

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

There are currently 142 Apartments for Rent in Town of Lake, WI with pricing that ranges from $889 to $2,400. There are also 10 Single Family Homes for rent, Condos, and Townhome rentals currently available in Town of Lake ranging from $1,395 to $3,200.

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 $1,395 to $3,200 with an average monthly rent of $2,120.

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.

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