Cheap Apartments for Rent in the Walnut Hill Neighborhood of Milwaukee, WI from $300 (106 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Walnut 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

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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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Walnut Park Apartments
1 Bedroom Apartments

Walnut Park Apartments

1551 N 9th StMilwaukee, WI 53205
Senior Living
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3118-3124 W Wells St
Studio to 3 Bedroom Apartments

3118-3124 W Wells St

3118-3124 W Wells StMilwaukee, WI 53208
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Valley Square Apartments
Studio to 1 Bedroom Apartments

Valley Square Apartments

3808 W Wisconsin AveMilwaukee, WI 53208
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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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Walnut Hill, Milwaukee, WI Local Guide

Cheapest Available Walnut Hill Apartments for Rent

 

The cheapest available apartment rental in the Walnut 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 Walnut Hill apartments for rent in Milwaukee, WI:

Apartment ListingModel NameBed/BathPriced From
University Crossing IStudioStudio,1BA$685
McGuire FlatsStudioStudio,1BA$695
2448 W Killbourn St1BR/1.0BA1BR,1BA$745
Tioga ApartmentsStudioStudio,1BA$750
University Crossing IIStudioStudio,1BA$755
Gorman Homes1 Bedroom1BR,1BA$774
William A. Passavant SeniorOne Bedroom, One Bath1BR,1BA$801
Johnson Legacy WestStudioStudio,1BA$805
Himount GardensStudioStudio,1BA$860
Johnson Legacy East Apartments1 Bedroom1BR,1BA$875

Best Value Apartments for Rent in Walnut Hill, WI

As of March 13, 2026 the best value apartment in the Walnut Hill area is the $0.63 price per square foot 2Bd/1Bth Model at McKinley School Apartments, LLC in the in the Haymarket neighborhood starting from $948. The second greatest value Walnut Hill apartment is the 3 Bed 1 Bath Model at University Row starting at $1,195 with a $0.83 price per square foot in the Haymarket neighborhood. Here is today’s list of the best values for Walnut Hill apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
McKinley School Apartments, LLC2Bd/1Bth2BR,1BA$0.63
University Row3 Bed 1 Bath3BR,1BA$0.83
1534 N 39th St, Unit 2nd Floor Unit1534 N 39th St3BR,1BA$1.17
Columbia Square1 Bed, 1 bath1BR,1BA$0.77
Boston Lofts1 Bed - 1 Bath1BR,1BA$1.43
Grand Avenue Lofts3x23BR,2BA$1.18
William A. Passavant SeniorOne Bedroom, One Bath1BR,1BA$1.19
Gorman Homes1 Bedroom1BR,1BA$1.16
CWC Community Within the CorridorTownsend1BR,1BA$1.38
2448 W Killbourn St1BR/1.0BA1BR,1BA$1.30

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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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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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
Walnut Hill, Milwaukee, WI

Ranked #47

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Walnut Hill, Milwaukee, WI

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving.com compares millions of points of data to bring you comprehensive Lifestyle Ratings of rentals in cities and towns across the United States, including Milwaukee. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including our Star Ratings to compare for outdoor amenities like tennis courts, luxury amenities, transit availability, pet-friendly communities, features that make it easier to raise kids, walking, and biking. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Walnut Hill Apartments

What is a cheap apartment in Walnut Hill?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Walnut Hill is under $875.

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

The cheapest apartment in Walnut Hill is 2448 W Killbourn St which is listed at $745, while the average apartment in Walnut Hill costs $1,835.

What types of apartments are the cheapest in Walnut 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 13 regular apartments in Walnut 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 Walnut Hill?

Cheap apartments in Walnut Hill have an average cost of $332 which is $1,503 cheaper than the average rent for all rentals in Walnut 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.

Articles, How-To's, and Tips

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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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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.