Cheap Apartments for Rent in the Walkers Point Neighborhood of Milwaukee, WI from $400 (6 Rentals)
Search the lowest-cost Apartments available for rent right now in the Walkers Point area of Milwaukee.

906 S 5th St
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Walkers Point, Milwaukee, WI Local Guide

How much does it cost to rent an apartment in Walkers Point?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Walkers Point Studio Apartments | $1,596 | $1,225 | $2,500 |
| Walkers Point 1 Bedroom Apartments | $1,719 | $941 | $2,790 |
| Walkers Point 2 Bedroom Apartments | $2,132 | $1,250 | $3,178 |
| Walkers Point 3 Bedroom Apartments | $2,808 | $2,300 | $4,317 |
Browse Apartments in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the Walkers Point Neighborhood of Milwaukee, WI.
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Walkers Point, Milwaukee, WI Local Guide
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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. Junior House Lofts has the second lowest priced unit, which is a Studio apartment currently listed from $1,225. Here are the most affordable Walkers Point apartments for rent in Milwaukee, WI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Seven04 Place Apartments | 50% 1 Bed 1 Bath | 1BR,1BA | $941 |
| Junior House Lofts | 1J | Studio,1BA | $1,225 |
| Trio | River | 1BR,1BA | $1,435 |
Best Value Apartments for Rent in Walkers Point, WI
As of December 24, 2025 the best value apartment in the Walkers Point area is the $1.70 price per square foot Loft Model at The Block in the in the Haymarket neighborhood starting from $3,000. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Block | Loft | 2BR,2BA | $1.70 |
| Historic Fifth Ward Lofts | 3BR/2.0BA | 3BR,2BA | $1.79 |
| 1224 S Cesar E Chavez Dr, Unit B | 1224 S Cesar E Chavez Dr | Studio ,2BA | $1.67 |
| The Artisan Lofts Apartments | 3BR/2.0BA | 3BR,2BA | $1.97 |
| Teweles Seed Tower Apartments | 3 Bed / 2 Bath | 3BR,2BA | $1.57 |
| Granary Lofts | 2BR/2.0BA | 2BR,2BA | $1.98 |
| Mercantile Lofts | 2 Beds, 2 Baths | 2BR,2BA | $1.84 |
| Shoe Factory Lofts | 2x1.5 | 2BR,1.5BA | $1.86 |
| The Quin | 1F | 1BR,1BA | $2.00 |
| Seven04 Place Apartments | 50% 1 Bed 1 Bath | 1BR,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 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
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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 LifestyleWalkers Point, Milwaukee, WI
Ranked #76
Among cities in Wisconsin for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
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 Cheapest Studio apartment in Walkers Point?
Currently the most affordable Cheap Studio Apartment in Walkers Point is at Junior House Lofts listed at $1,225.
How much is rent for a Cheap One Bedroom Walkers Point Apartment?
The lowest price for a Cheap One Bedroom Walkers Point Apartment is $941 at Seven04 Place Apartments.
What is the lowest price for a Cheap Two Bedroom Walkers Point Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Walkers Point is starting from $1,695 at Shoe Factory Lofts.
What is the most affordable Walkers Point Three Bedroom Apartment?
The best deal on a cheap Walkers Point Three Bedroom Apartment rental is at Teweles Seed Tower Apartments and starts from $2,300.
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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!




