Cheap Apartments for Rent in the Walkers Point Neighborhood of Milwaukee, WI from $500 (13 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
Paper Box Lofts
1 to 3 Bedroom Apartments

Paper Box Lofts

1560 W Pierce StMilwaukee, WI 53204
close
View Me
Walker Apartments
Studio to 1 Bedroom Apartments

Walker Apartments

1219 W Walker StMilwaukee, WI 53204
close
View Me
Mineral
Studio Apartments

Mineral

1002 S 3rd StMilwaukee, WI 53204
close
View Me
421-425 Washington
1 to 2 Bedroom Apartments

421-425 Washington

421-425 W Washington StMilwaukee, WI 53204

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.

close
View Me
1025 5th
1 Bedroom Apartments

1025 5th

1025 S 5th StMilwaukee, WI 53204

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 2 Beds unit found at East National Flats priced from $645. Seven04 Place Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $941. Here are the most affordable Walkers Point apartments for rent in Milwaukee, WI:

Apartment ListingModel NameBed/BathPriced From
East National FlatsThe Hoan - 30% AMI2BR,2BA$645
Seven04 Place Apartments50% 1 Bed 1 Bath1BR,1BA$941
1630 W National Ave1 Bed, 1 bath1BR,1BA$950
Shoe Factory Lofts2x12BR,1BA$1,103
TrioBruceStudio,1BA$1,325

Best Value Apartments for Rent in Walkers Point, WI

As of July 12, 2026 the best value apartment in the Walkers Point area is the $1.59 price per square foot Two Bedroom Model at The Block in the in the Haymarket neighborhood starting from $2,800. The second greatest value Walkers Point apartment is the 3BR/2.0BA Model at Historic Fifth Ward Lofts starting at $2,700 with a $1.79 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.
The BlockTwo Bedroom2BR,2BA$1.59
Historic Fifth Ward Lofts3BR/2.0BA3BR,2BA$1.79
Brix Apartment LoftsTwo Bedroom C22BR,2BA$2.33
714 S 2nd St, Unit 2nd St #2714 S 2nd St2BR,1.5BA$2.05
The YardsC62BR,2BA$2.18
Mercantile Lofts2 Beds, 2 Baths2BR,2BA$1.82
Shoe Factory Lofts2x12BR,1BA$1.42
Teweles Seed Tower Apartments1 Bed / 1 Bath1BR,1BA$2.24
East National FlatsPierhead - 80% AMI1BR,1BA$2.31
Seven04 Place Apartments50% 1 Bed 1 Bath1BR,1BA$1.61

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 Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Walkers Point, Milwaukee, WI

Ranked #68

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

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!

Frequently Asked Questions about Cheap Walkers Point Apartments

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 $2,430.

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 68 regular apartments in Walkers Point that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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

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.

decorative image for The Top Neighborhoods for Off-Campus Housing for Milwaukee-Area College Students   article

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 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.

decorative image for An Insider's Guide to Apartment Living Near Milwaukee's Four Employer Clusters  article

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.

Articles, How-To's, and Tips

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

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.