Cheap Apartments for Rent in the University Hill Neighborhood of Milwaukee, WI from $455 (62 Rentals)

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

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

Discover Milwaukee apartment living from Downtown lofts to affordable suburban homes. We detail neighborhoods near the four major employment hubs: urban, leafy, and everything in between.

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property at 612 W Wisconsin Ave
$945

Total Monthly Price

Base Rent$945
Total Monthly Price$945
Studio, 1 Bath Condo for Rent
Available Now
Affordability

612 W Wisconsin Ave, Unit 2

612 W Wisconsin Ave
MilwaukeeWI53203

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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property at 1422 N 26th St
$1,200
1 To 2 Bedroom Rentals
Available Now
Cost Per Sq.Ft.

1422 N 26th St

MilwaukeeWI53205
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Walnut Park Apartments
1 Bedroom Apartments

Walnut Park Apartments

1551 N 9th StMilwaukee, WI 53205
Senior Living
  • Utilities Included

A Local Expert's Guide to Milwaukee: Neighborhoods, Traditions, and the Cozy Spirit of Gemütlichkeit

Uncover Milwaukee's affordable, vibrant neighborhoods and down-to-earth charm. Get a local expert's take on the city's renaissance, favorite traditions, and famous Gemütlichkeit (cozy spirit).

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Gilman Building
Studio to 1 Bedroom Apartments

Gilman Building

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

Kilbourn Apartments

836 N 20th StMilwaukee, WI 53233
Student Housing
  • Utilities Included
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Villages Apartments
Studio to 1 Bedroom Apartments

Villages Apartments

2803 W Kilbourn AveMilwaukee, WI 53208
  • Utilities Included
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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
  • Utilities Included
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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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23rd Street Apartments
Studio to 2 Bedroom Apartments

23rd Street Apartments

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

2001 W Michigan St

2001 W Michigan StMilwaukee, WI 53233
  • Utilities Included

Check Out Milwaukee’s Best Affordable Neighborhoods

Learn about Milwaukee and the best places to live with original content written by our Local Expert Tim Brown

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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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2448 W Killbourn St
Studio to 1 Bedroom Apartments

2448 W Killbourn St

2448 W Killbourn StMilwaukee, WI 53233
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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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The Graduate Apartments
Studio to 1 Bedroom Apartments

The Graduate Apartments

840 N 17th StMilwaukee, WI 53233
Student Housing
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Showing Results 1-50, Page 1 of 2

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
Marquee CommunitiesStudioStudio,1BA$705
University Crossing IIStudioStudio,1BA$755
Johnson Legacy East ApartmentsStudioStudio,1BA$800
William A. Passavant SeniorOne Bedroom, One Bath1BR,1BA$801
Water Street ApartmentsStudioStudio,1BA$825
Historic Lofts on KilbournOne Bedroom1BR,1BA$833
Concordia 27Studio AStudio,1BA$900
700 LoftsOne Bedroom 50%1BR,1BA$938

Best Value Apartments for Rent in University Hill, WI

As of September 06, 2026 the best value apartment in the University Hill area is the $1.29 price per square foot 2BR/2.0BA Model at The Artisan Lofts Apartments in the in the Haymarket neighborhood starting from $1,975. The second greatest value University Hill apartment is the 3 Bed 1 Bath Model at University Row starting at $1,250 with a $0.87 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.
The Artisan Lofts Apartments2BR/2.0BA2BR,2BA$1.29
University Row3 Bed 1 Bath3BR,1BA$0.87
McKinley School Apartments, LLC3Bd/2Bth3BR,2BA$1.01
Meadow Village3 bedroom3BR,2BA$1.41
City Hall Square Apartments2 Bed/2Bath Market Rate2BR,2BA$1.30
Michigan Street CommonsThe Brewer2BR,2BA$1.26
National Ave Lofts50% 2 Bed 2 Bath2BR,2BA$1.24
Historic Lofts on KilbournOne Bedroom1BR,1BA$1.04
William A. Passavant SeniorOne Bedroom, One Bath1BR,1BA$1.19
Marquee CommunitiesStudioStudio ,1BA$1.36

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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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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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 $938.

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

The cheapest apartment in University Hill is William A. Passavant Senior which is listed at $801, while the average apartment in University Hill costs $1,595.

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 32 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 $213 which is $1,382 cheaper than the average rent for all rentals in University Hill.

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

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An Insider's 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.

decorative image for A Local Expert's Guide to Milwaukee: Neighborhoods, Traditions, and the Cozy Spirit of Gemütlichkeit article

A Local Expert's 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.

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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.

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.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.