Cheap Apartments for Rent in the Walkers Point Neighborhood of Milwaukee, WI from $400 (10 Rentals)

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

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Shoe Factory Lofts
1 to 3 Bedroom Apartments

Shoe Factory Lofts

224 W Washington StMilwaukee, WI 53204
  • Utilities Included
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Paper Box Lofts
1 to 3 Bedroom Apartments

Paper Box Lofts

1560 W Pierce StMilwaukee, WI 53204
Affordability

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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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Walker Apartments
Studio to 1 Bedroom Apartments

Walker Apartments

1219 W Walker StMilwaukee, WI 53204
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Mineral
Studio Apartments

Mineral

1002 S 3rd StMilwaukee, WI 53204

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.

Walkers Point, Milwaukee, WI Local Guide

Cheapest Available Walkers Point Apartments for Rent

 

The cheapest available apartment rental in the Walkers Point area of Milwaukee, WI is a 1 Bed unit found at Seven04 Place Apartments priced from $941. Paper Box Lofts has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,036. Here are the most affordable Walkers Point apartments for rent in Milwaukee, WI:

Apartment ListingModel NameBed/BathPriced From
Seven04 Place Apartments50% 1 Bed 1 Bath1BR,1BA$941
Paper Box Lofts2B2BR,1BA$1,036
Element ApartmentsXenonStudio,1BA$1,325

Best Value Apartments for Rent in Walkers Point, WI

As of November 01, 2025 the best value apartment in the Walkers Point area is the $1.79 price per square foot 3BR/2.0BA Model at Historic Fifth Ward Lofts in the in the Haymarket neighborhood starting from $2,700. The second greatest value Walkers Point apartment is the C4 Model at The Yards starting at $2,620 with a $2.03 price per square foot in the Haymarket neighborhood. Here is today’s list of the best values for Walkers Point apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Historic Fifth Ward Lofts3BR/2.0BA3BR,2BA$1.79
The YardsC42BR,2BA$2.03
Mercantile Lofts2 Beds, 2 Baths2BR,2BA$1.75
Shoe Factory Lofts2x1.52BR,1.5BA$1.86
Granary Lofts1BR/1.0BA1BR,1BA$1.73
Teweles Seed Tower Apartments1 Bed / 1 Bath1BR,1BA$1.95
Paper Box Lofts2B2BR,1BA$1.34
1301 W Greenfield Ave, Unit D1301 W Greenfield Ave1BR,1BA$1.39
Quartet Apartments1b/1b1BR,1BA$2.26
Seven04 Place Apartments50% 1 Bed 1 Bath1BR,1BA$1.61

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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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
Walkers Point, Milwaukee, WI

Ranked #54

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Lifestyle Ratings

Our team of engineers and researchers compiles millions of data points to bring you comprehensive Lifestyle Ratings of neighborhoods, cities, and rental properties across Wisconsin and customized analysis for Central Milwaukee, WI. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for the best outdoor access, luxury housing options, kid and pet-friendly communities, availability of transit options, in addition to floorplans, availablity, and pricing. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Getting Around the Walkers Point Neighborhood in Milwaukee, WI

Walk Score®

90 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

68 / 100

Bikeable

Some bike infrastructure

Transit Score®

56 / 100

Good Transit

Many nearby public transportation options

Frequently Asked Questions about Cheap Walkers Point Apartments

What is a cheap apartment in Walkers Point?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Walkers Point is under $1,575.

What is the price of a cheap apartment in Walkers Point?

The cheapest apartment in Walkers Point is Seven04 Place Apartments which is listed at $941, while the average apartment in Walkers Point costs $2,378.

What types of apartments are the cheapest in Walkers Point?

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 5 regular apartments in Walkers Point 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 Walkers Point?

Cheap apartments in Walkers Point have an average cost of $468 which is $1,910 cheaper than the average rent for all rentals in Walkers Point.

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.