
Cheap Homes for Rent in Town of Lake Neighborhood of Milwaukee, WI from $800 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Town of Lake area of Milwaukee.


2006 E Morgan Ave
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

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 | $1,897 | $1,295 | $2,200 |
| Town of Lake 3 Bedroom Homes for Rent | $2,559 | $1,895 | $2,975 |
Browse Homes for Rent in this Neighborhood
There are currently 5 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
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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 The Landing at 1st Street priced from $860. Plaza IV Apartments in St. Francis. has the second lowest priced unit, which is a 1 Bed apartment currently listed from $899. Here are the most affordable Town of Lake apartments for rent in Milwaukee, WI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Landing at 1st Street | Studio | Studio,1BA | $860 |
| Plaza IV Apartments in St. Francis. | 1 Bed 1 Bath | 1BR,1BA | $899 |
| Thompson Meadows Apartments: 55+ Adult | One Bedroom | 1BR,1BA | $975 |
Best Value Apartments for Rent in Town of Lake, WI
As of January 01, 2026 the best value apartment in the Town of Lake area is the $1.09 price per square foot J Model at Cottonwood Trails - 55+ Community in the in the Town of Lake neighborhood starting from $1,149. The second greatest value Town of Lake apartment is the 220 E Wilbur Ave Model at 220 E Wilbur Ave, Unit Lower starting at $1,500 with a $1.50 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. |
|---|---|---|---|
| Cottonwood Trails - 55+ Community | J | 2BR,1BA | $1.09 |
| 220 E Wilbur Ave, Unit Lower | 220 E Wilbur Ave | 2BR,1BA | $1.50 |
| Layton 1900 | Bravo | 2BR,1BA | $1.47 |
| South Pine Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.53 |
| Buckhorn Station Apartment Homes | One Bedroom | 1BR,1BA | $1.47 |
| 4454 S 14th St. (12 Unit) | 2BR/1.0BA | 2BR,1BA | $1.79 |
| Ridge View Apartments | One Bedroom, One Bathroom | 1BR,1BA | $1.85 |
| Plaza IV Apartments in St. Francis. | 1 Bed 1 Bath | 1BR,1BA | $1.45 |
| Thompson Meadows Apartments: 55+ Adult | One Bedroom | 1BR,1BA | $1.59 |
| Cudahy Williamstown Bay II | 1 Bed 1 Bath (1) | 1BR,1BA | $1.84 |
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 ArticleThe 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 ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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.
Pet Friendly LifestyleTown Of Lake, Milwaukee, WI
Ranked #107
Among cities in Wisconsin for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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 134 Apartments for Rent in Town of Lake, WI with pricing that ranges from $860 to $3,286. There are also 15 Single Family Homes for rent, Condos, and Townhome rentals currently available in Town of Lake ranging from $895 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 $895 to $2,975 with an average monthly rent of $1,783.
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.
Articles, How-To's, and Tips

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.

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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.


