
Cheap Homes for Rent in the Wedgewood Neighborhood of Milwaukee, WI from $895 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Wedgewood area of Milwaukee.


2395 S 92nd St
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9129 W National Ave

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3014 S 48th St
Wedgewood, Milwaukee, WI Local Guide

How much does it cost to rent a home in Wedgewood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Wedgewood 2 Bedroom Homes for Rent | $1,381 | $1,250 | $1,595 |
| Wedgewood 3 Bedroom Homes for Rent | $1,790 | $1,545 | $2,200 |
| Wedgewood 4 Bedroom Homes for Rent | $2,400 | $2,400 | $2,400 |
Browse Homes for Rent in this Neighborhood
There are currently 5 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 3130 S 48th St. - 8 Family priced from $875. PENN ARMS APARTMENTS has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. 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 |
| PENN ARMS APARTMENTS | One Bedroom | 1BR,1BA | $950 |
| Quail Hollow Apartments | 1 Bedroom | 1BR,1BA | $1,000 |
Best Value Apartments for Rent in Wedgewood, WI
As of September 07, 2026 the best value apartment in the Wedgewood area is the $1.33 price per square foot 2 Bed, 2 Bath + Den w/ 1 Car Garage - Upper Int... Model at The Orchard Apartments in the in the Alcott Park neighborhood starting from $2,250. The second greatest value Wedgewood apartment is the 5214 W Forest Home Ave Model at 5214 W Forest Home Ave, Unit 101 starting at $1,250 with a $1.09 price per square foot in the Southwest Side 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. |
|---|---|---|---|
| The Orchard Apartments | 2 Bed, 2 Bath + Den w/ 1 Car Garage - Upper Int... | 2BR,2BA | $1.33 |
| 5214 W Forest Home Ave, Unit 101 | 5214 W Forest Home Ave | 2BR,1.5BA | $1.09 |
| 3001 S 56th St | Unit 16 | 2BR,1BA | $1.18 |
| Layton Preserve | C Income Restricted | 2BR,1BA | $1.33 |
| Heritage Lake Senior Apartments 55+ | Two Bedroom | 2BR,2BA | $1.22 |
| 9531 W Beloit Rd | 2 BD 1 BA | 2BR,1BA | $1.30 |
| 7922 W. Morgan Ave. | 2BR/1.0BA | 2BR,1BA | $1.39 |
| Honey Creek Apartments | 1BR/1BA | 1BR,1BA | $1.17 |
| 1321 - 98th St | 2 bed | 2BR,1BA | $1.44 |
| PENN ARMS APARTMENTS | One Bedroom | 1BR,1BA | $1.27 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
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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 #116
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
Frequently Asked Questions about Wedgewood
What type of rentals are currently available in Wedgewood?
There are currently 282 Apartments for Rent in Wedgewood, WI with pricing that ranges from $550 to $4,167. There are also 15 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wedgewood ranging from $895 to $4,000.
What is the current price range for Rental Homes in Wedgewood?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Wedgewood ranges from $895 to $4,000 with an average monthly rent of $1,926.
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

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.

A Local Expert's Guide to Milwaukee: Neighborhoods, Traditions, and the Cozy Spirit of Gemütlichkeit
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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.

The Top Neighborhoods for Off-Campus Housing for Milwaukee-Area College Students
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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.

Finding The Best Affordable Milwaukee Neighborhoods to Rent
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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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
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First Apartment Regrets: Real Renters Share What They'd Do Differently
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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.