Cheap Apartments for Rent in the Wedgewood Neighborhood of Milwaukee, WI from $300 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in the Wedgewood 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.

Lincoln Park Apartments

Cold Spring Apartments
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.
The Art of the Rental Viewing: What to look for during a property tour
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.
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 | $1,266 | $1,133 | $1,323 |
| Wedgewood 1 Bedroom Apartments | $1,157 | $795 | $1,825 |
| Wedgewood 2 Bedroom Apartments | $1,491 | $950 | $2,632 |
| Wedgewood 3 Bedroom Apartments | $1,741 | $1,410 | $2,400 |
Browse Apartments in this Neighborhood
There are currently 21 rentals with your search options within a 2 mile radius of the Wedgewood Neighborhood of Milwaukee, WI.
See all Apartments in MilwaukeeExplore Milwaukee
Wedgewood, Milwaukee, WI Local Guide
- Nearby Milwaukee neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 3130 S 48th St. - 8 Family priced from $875. Forest Arms Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $925. Here are the most affordable Wedgewood apartments for rent in Milwaukee, WI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 3130 S 48th St. - 8 Family | 1BR/1.0BA | 1BR,1BA | $875 |
| Forest Arms Apartments | One Bedroom | 1BR,1BA | $925 |
| Colonial Manor Apartments | 1 Bed 1 Bath | 1BR,1BA | $949 |
| St. Gregory | Warnimont | 1BR,1BA | $960 |
| 3270 S 49th St | One Bed One Bath | 1BR,1BA | $995 |
Best Value Apartments for Rent in Wedgewood, WI
As of December 30, 2025 the best value apartment in the Wedgewood area is the $1.25 price per square foot 2710 S 68th St Model at 2710 S 68th St, Unit 2712 upper in the in the Southwest Side neighborhood starting from $1,500. The second greatest value Wedgewood apartment is the L Model at Heritage Village Apartments starting at $1,255 with a $1.14 price per square foot in the Gra-Ram 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. |
|---|---|---|---|
| 2710 S 68th St, Unit 2712 upper | 2710 S 68th St | 3BR,1.5BA | $1.25 |
| Heritage Village Apartments | L | 2BR,2BA | $1.14 |
| Heritage Lake Senior Apartments 55+ | Two Bedroom Deluxe | 2BR,2BA | $1.12 |
| 4912 W Oklahoma Ave | 4912 W. Oklahoma Ave. #1 | 2BR,1BA | $1.23 |
| Toldt Terrace Apartments | 2bed | 2BR,1BA | $1.25 |
| 9531 W Beloit Rd | 2 BD 1 BA | 2BR,1BA | $1.30 |
| 7319 W Tripoli Ave, Unit 2 | 7319 W Tripoli Ave | 2BR,1BA | $1.20 |
| Greenfield Village | 2 BD 1 Bathroom | 2BR,1BA | $1.17 |
| 3270 S 49th St | One Bed One Bath | 1BR,1BA | $1.23 |
| English Meadows Apartment Homes, Greenfield WI | 1 Bedroom Large - 810 Sq Ft | 1BR,1BA | $1.31 |
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
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 #146
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
What is the Cheapest Studio apartment in Wedgewood?
Currently the most affordable Cheap Studio Apartment in Wedgewood is at VMP Senior Living Apartments listed at $1,133.
How much is rent for a Cheap One Bedroom Wedgewood Apartment?
The lowest price for a Cheap One Bedroom Wedgewood Apartment is $875 at 3130 S 48th St. - 8 Family.
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.
What is the most affordable Wedgewood Three Bedroom Apartment?
The best deal on a cheap Wedgewood Three Bedroom Apartment rental is at Alverno Pool Apartments and starts from $1,410.
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.

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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.


















