
Cheap Homes for Rent in Town of Lake Neighborhood of Milwaukee, WI from $1,300 (2 Rentals)
Search the lowest-cost Homes available for rent right now in the Town of Lake area of Milwaukee.

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.

3508 S Pine Ave, Unit Upper
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.
Town of Lake, Milwaukee, WI Local Guide

How much does it cost to rent a home in Town of Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Town of Lake 2 Bedroom Homes for Rent | $1,843 | $1,650 | $2,200 |
| Town of Lake 3 Bedroom Homes for Rent | $2,428 | $1,395 | $2,975 |
Browse Homes for Rent in this Neighborhood
There are currently 2 rentals with your search options within a 2 mile radius of the Town of Lake Neighborhood of Milwaukee, WI.
Explore Milwaukee
Town of Lake, Milwaukee, WI Local Guide
- Nearby Milwaukee neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Best Value Apartments for Rent in Town of Lake, WI
As of June 19, 2026 the best value apartment in the Town of Lake area is the $1.42 price per square foot 2805 S 7th St Model at 2805 S 7th St, Unit 2805 in the in the National Park neighborhood starting from $1,350. The second greatest value Town of Lake apartment is the Two Bedroom, One Bathroom Model at Ridge View starting at $1,395 with a $1.55 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. |
|---|---|---|---|
| 2805 S 7th St, Unit 2805 | 2805 S 7th St | 2BR,1BA | $1.42 |
| Ridge View | Two Bedroom, One Bathroom | 2BR,1BA | $1.55 |
| 3100 S Griffin Ave, Unit LOWER | 3100 S Griffin Ave | 2BR,1BA | $1.67 |
| 4454 S 14th St. (12 Unit) | 2BR/1.0BA | 2BR,1BA | $1.49 |
| 3047 S Howell Ave | 1 Beds, 1 Baths | 1BR,1BA | $1.62 |
| Thompson Meadows Apartments: 55+ Adult | Two Bedroom | 2BR,1BA | $1.35 |
| FairCrest Senior Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.30 |
| Plaza Four Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.62 |
| Cudahy Williamstown Bay II | 1 Bed 1 Bath (1.1) | 1BR,1BA | $1.64 |
| Norwich East | 1B1BA | 1BR,1BA | $1.75 |
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 ArticleReal 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.
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 Town of Lake
What type of rentals are currently available in Town of Lake?
There are currently 136 Apartments for Rent in Town of Lake, WI with pricing that ranges from $860 to $2,200. There are also 9 Single Family Homes for rent, Condos, and Townhome rentals currently available in Town of Lake ranging from $1,395 to $2,975.
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 $2,975 with an average monthly rent of $2,135.
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.

An Insiders Guide to Apartment Living Near Milwaukee's Four Employer Clusters
Written by: Tim Brown
Having grown up in Milwaukee and lived in Waukesha for several years, I have come to realize that the Milwaukee metro area offers diverse employment and housing opportunities.
Articles, How-To's, and Tips

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.