Cheap Apartments for Rent in the University Hill Neighborhood of Milwaukee, WI from $400 (58 Rentals)

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Search the lowest-cost Apartments available for rent right now in the University Hill 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.

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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.

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Walnut Park Apartments
1 Bedroom Apartments

Walnut Park Apartments

1551 N 9th StMilwaukee, WI 53205
Senior Living
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Gilman Building
Studio to 1 Bedroom Apartments

Gilman Building

1621-1633 W Wells StMilwaukee, WI 53233
Student Housing
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Kilbourn Apartments
Studio to 2 Bedroom Apartments

Kilbourn Apartments

836 N 20th StMilwaukee, WI 53233
Student Housing
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Cash 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.

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Villages Apartments
Studio to 1 Bedroom Apartments

Villages Apartments

2803 W Kilbourn AveMilwaukee, WI 53208
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2518 Apartments
Studio to 2 Bedroom Apartments

2518 Apartments

2518 W Wisconsin AveMilwaukee, WI 53233
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Clarke Square Terrace (55+)
Studio to 2 Bedroom Apartments

Clarke Square Terrace (55+)

1740 W Pierce StMilwaukee, WI 53204
Senior Living
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Paper Box Lofts
1 to 3 Bedroom Apartments

Paper Box Lofts

1560 W Pierce StMilwaukee, WI 53204
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Brewery Point
1 to 2 Bedroom Apartments

Brewery Point

1244 N 9th StMilwaukee, WI 53205
Senior Living
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617 N 23rd St - 28 Units
Studio to 2 Bedroom Apartments

617 N 23rd St - 28 Units

605-617 N 23rd StMilwaukee, WI 53233
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2001 W Michigan St
1 Bedroom Apartments

2001 W Michigan St

2001 W Michigan StMilwaukee, WI 53233
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University Crossing I
Studio to 2 Bedroom Apartments

University Crossing I

923 N 14th StMilwaukee, WI 53233
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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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The Graduate Apartments
Studio to 1 Bedroom Apartments

The Graduate Apartments

840 N 17th StMilwaukee, WI 53233
Student Housing
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McGuire Flats
Studio to 1 Bedroom Apartments

McGuire Flats

920 N 15th StMilwaukee, WI 53233
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Pere Marquette
Studio to 2 Bedroom Apartments

Pere Marquette

737 N 21st StMilwaukee, WI 53233
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The Aspen
1 to 2 Bedroom Apartments

The Aspen

833 N 21st StMilwaukee, WI 53233
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Union Street Apartments
Studio to 1 Bedroom Apartments

Union Street Apartments

846-856 N 15th StMilwaukee, WI 53233
Student Housing
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Highland Court
1 to 2 Bedroom Apartments

Highland Court

2725 W Highland BlvdMilwaukee, WI 53208
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Gatehouse
1 to 3 Bedroom Apartments

Gatehouse

833-835 N 14th StMilwaukee, WI 53233
Student Housing
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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University Hill, Milwaukee, WI Local Guide

Cheapest Available University Hill Apartments for Rent

 

The cheapest available apartment rental in the University Hill area of Milwaukee, WI is a Studio unit found at University Crossing I priced from $685. McGuire Flats has the second lowest priced unit, which is a Studio apartment currently listed from $695. Here are the most affordable University Hill apartments for rent in Milwaukee, WI:

Apartment ListingModel NameBed/BathPriced From
University Crossing IStudioStudio,1BA$685
McGuire FlatsStudioStudio,1BA$695
Tioga ApartmentsCorner StudioStudio,1BA$725
Johnson Legacy East ApartmentsStudioStudio,1BA$725
Water Street ApartmentsStudioStudio,1BA$750
University Crossing IIStudioStudio,1BA$755
Marquee Communities1BR/1BA1BR,1BA$815
Brewery Point1x11BR,1BA$845
Michigan Street CommonsThe District1BR,1BA$961
Tower Apartments1006Studio,1BA$1,000

Best Value Apartments for Rent in University Hill, WI

As of November 02, 2025 the best value apartment in the University Hill area is the $0.83 price per square foot 3 Bed 1 Bath Model at University Row in the in the Haymarket neighborhood starting from $1,195. The second greatest value University Hill apartment is the 3Bd/2Bth Model at McKinley School Apartments, LLC starting at $1,307 with a $1.02 price per square foot in the Haymarket neighborhood. Here is today’s list of the best values for University Hill apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
University Row3 Bed 1 Bath3BR,1BA$0.83
McKinley School Apartments, LLC3Bd/2Bth3BR,2BA$1.02
The GermaniaTwo Bedroom2BR,1.5BA$0.92
Meadow Village3 bedroom3BR,2BA$1.36
City Hall Square Apartments2 Bed/2Bath Market Rate2BR,2BA$1.30
Century Building2x22BR,2BA$1.04
Knitting Factory Loft ApartmentsOne Bedroom1BR,1BA$1.30
Paper Box Lofts2B2BR,1BA$1.34
Michigan Street CommonsThe District1BR,1BA$1.44
Brewery Point1x11BR,1BA$1.32

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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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.

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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.

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Pet Friendly Lifestyle
University Hill, Milwaukee, WI

Ranked #37

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of neighborhoods, cities, and rental properties across Wisconsin including University Hill, Milwaukee, and the greater Milwaukee area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for proximity to parks, luxury amenities, kid and pet-friendly communities, availability of transit options, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap University Hill Apartments

What is a cheap apartment in University Hill?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in University Hill is under $1,000.

What is the price of a cheap apartment in University Hill?

The cheapest apartment in University Hill is Marquee Communities which is listed at $815, while the average apartment in University Hill costs $9,000.

What types of apartments are the cheapest in University Hill?

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 26 regular apartments in University Hill that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in University Hill?

Cheap apartments in University Hill have an average cost of $419 which is $8,581 cheaper than the average rent for all rentals in University Hill.

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.

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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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.