
Cheap Apartments for Rent in the Wedgewood Neighborhood of Milwaukee, WI from $300 (84 Rentals)
Search the lowest-cost Apartments available for rent right now in the Wedgewood area of Milwaukee.


3135 S 47th St, Unit 7

4934 W Forest Home Ave

4820 W Forest Home Ave

Forest Arms Apartments

Woodland Court

English Meadows Apartment Homes, Greenfield WI

3270 S 49th St

Total Monthly Price
5201 W Howard Ave, Unit 1

Alverno Pool Apartments
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.

Oklahoma Manor 58th

4244 S 51st St

9531 W Beloit Rd

5633 W Oklahoma Ave

Cherokee Village

3229 S 99th St

3235 S 48th St

RES Apartments

4914 W Forest Home Ave

Hamilton Manor
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.

4138 S 51st St

Becher Apartments

Parkway South

PENN ARMS APARTMENTS

3130 S 48th St

Forrest Park

2501-2505 S 44th St. - 8 Unit

9641-9651 W Beloit Rd

6500 W Howard Avenue

Morgan Avenue Apartments
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.

Whitnall Grove Apartments

Toldt Terrace Apartments

7875 W Oklahoma Ave

2553 S 44th St. (6 Unit)

Terrace Apartments I

51st Street 8 Families

Evergreen Village Apartments

5821 W Lincoln Ave

Valley Green Townhomes

3759 S 80th St
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.

6522 W Forest Home Ave

3637 S 90th St

7855 W Oklahoma Ave

4912 W Oklahoma Ave

Garden Circle

9804 W Beloit Rd

Layton Preserve

Prairie Hill Senior Apartments

48 on Cold Spring

Honey Creek Apartments
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.
Wedgewood, Milwaukee, WI Local Guide

How much does it cost to rent an apartment in Wedgewood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Wedgewood Studio Apartments | $1,199 | $984 | $1,396 |
| Wedgewood 1 Bedroom Apartments | $1,227 | $550 | $1,795 |
| Wedgewood 2 Bedroom Apartments | $1,534 | $661 | $2,450 |
| Wedgewood 3 Bedroom Apartments | $1,712 | $1,600 | $1,850 |
Browse Apartments in this Neighborhood
There are currently 84 rentals with your search options within a 2 mile radius of the Wedgewood Neighborhood of Milwaukee, WI.
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Wedgewood, Milwaukee, WI Local Guide
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Cheapest Available Wedgewood Apartments for Rent
 The cheapest available apartment rental in the Wedgewood area of Milwaukee, WI is a 1 Bed unit found at Prairie Hill Senior Apartments priced from $900. 2501-2505 S 44th St. - 8 Unit has the second lowest priced unit, which is a 1 Bed apartment currently listed from $945. Here are the most affordable Wedgewood apartments for rent in Milwaukee, WI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Prairie Hill Senior Apartments | D-501X1 | 1BR,1BA | $900 |
| 2501-2505 S 44th St. - 8 Unit | 1BR/1.0BA | 1BR,1BA | $945 |
| Honey Creek Apartments | 1BR/1BA | 1BR,1BA | $950 |
| Woodland Court | One Bed One Bath | 1BR,1BA | $950 |
| Greenfield Village | 2 BD 1 Bathroom | 2BR,1BA | $985 |
| Quail Hollow Apartments | 1 Bedroom | 1BR,1BA | $1,000 |
| Toldt Terrace Apartments | 1bed | 1BR,1BA | $1,050 |
| St. Gregory | One Bed One Bath | 1BR,1BA | $1,060 |
| 51st Street 8 Families | 2BR/1.0BA | 2BR,1BA | $1,095 |
| Oklahoma Manor 58th | One Bed One Bath | 1BR,1BA | $1,120 |
Best Value Apartments for Rent in Wedgewood, WI
As of June 08, 2026 the best value apartment in the Wedgewood area is the $1.33 price per square foot C Income Restricted Model at Layton Preserve in the in the Alcott Park neighborhood starting from $1,409. The second greatest value Wedgewood apartment is the 2bed Model at Toldt Terrace Apartments starting at $1,245 with a $1.30 price per square foot in the Alcott Park neighborhood. Here is today’s list of the best values for Wedgewood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Layton Preserve | C Income Restricted | 2BR,1BA | $1.33 |
| Toldt Terrace Apartments | 2bed | 2BR,1BA | $1.30 |
| 6326 W Grant St, Unit 414-801-2497 Alex | 6326 W Grant St | 1BR,1BA | $1.26 |
| Heritage Lake Senior Apartments 55+ | Two Bedroom | 2BR,2BA | $1.22 |
| 9531 W Beloit Rd | 2 BD 1 BA | 2BR,1BA | $1.30 |
| Honey Creek Apartments | 1BR/1BA | 1BR,1BA | $1.09 |
| 48 on Cold Spring | Two Bedroom/ One Bath | 2BR,1BA | $1.35 |
| 2501-2505 S 44th St. - 8 Unit | 1BR/1.0BA | 1BR,1BA | $1.11 |
| Greenfield Village | 2 BD 1 Bathroom | 2BR,1BA | $1.17 |
| Prairie Hill Senior Apartments | D-501X1 | 1BR,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.
Read ArticleReal 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 ArticleQuick 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.
Pet Friendly LifestyleWedgewood, Milwaukee, WI
Ranked #105
Among cities in Wisconsin for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Wedgewood, Milwaukee, WI
Academy of Accelerated Learning
Wedgewood Park International School
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, areas, and rental properties across Wisconsin and customized analysis for South Milwaukee, WI. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for outdoor amenities like tennis courts, luxury housing options, pet-friendly features, family-friendly amenities, proximity to transit, in addition to floorplans, availablity, and pricing. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Wedgewood Apartments
How much is rent for a Cheap One Bedroom Wedgewood Apartment?
The lowest price for a Cheap One Bedroom Wedgewood Apartment is $900 at Prairie Hill Senior Apartments.
What is the lowest price for a Cheap Two Bedroom Wedgewood Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Wedgewood is starting from $985 at Greenfield Village.
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

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.

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.

A Local Experts 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.

An Insiders 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

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.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.