Cheap Apartments for Rent in the Alverno Neighborhood of Milwaukee, WI from $500 (44 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Alverno area of Milwaukee.

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Cherokee Village
1 Bedroom Apartments

Cherokee Village

4058 S 43rd StMilwaukee, WI 53220
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2727 S 13th St
1 Bedroom Apartments

2727 S 13th St

2727 S 13th StMilwaukee, WI 53215
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3235 S 48th St
1 Bedroom Apartments

3235 S 48th St

3235 S 48th StMilwaukee, WI 53219
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Hamilton Manor
1 Bedroom Apartments

Hamilton Manor

3700 S 61st StMilwaukee, WI 53220
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Hunters Square
1 to 2 Bedroom Apartments

Hunters Square

3180 W Dakota StMilwaukee, WI 53215
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4138 S 51st St
1 to 2 Bedroom Apartments

4138 S 51st St

4138 S 51st StMilwaukee, WI 53220
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3073 W Ruskin Ct
2 Bedroom Apartments

3073 W Ruskin Ct

3073 W Ruskin CtMilwaukee, WI 53215
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Forrest Park
2 Bedroom Apartments

Forrest Park

3741 S 61st StMilwaukee, WI 53220
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Oklahoma Gardens
1 to 2 Bedroom Apartments

Oklahoma Gardens

3701 W Oklahoma AveMilwaukee, WI 53215
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6500 W Howard Avenue
2 Bedroom Apartments

6500 W Howard Avenue

6500 W Howard AveMilwaukee, WI 53220
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6522 W Forest Home Ave
2 Bedroom Apartments

6522 W Forest Home Ave

6522 W Forest Home AveMilwaukee, WI 53220
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Oklahoma Manor
1 to 2 Bedroom Apartments

Oklahoma Manor

5634 W Oklahoma AveMilwaukee, WI 53219
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St. Gregory
1 to 2 Bedroom Apartments

St. Gregory

6333 W Lakefield DrMilwaukee, WI 53219
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Tara Hill Apartments
1 to 2 Bedroom Apartments

Tara Hill Apartments

3946 S Tara Hill DrGreenfield, WI 53220
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The Edgerton
2 Bedroom Apartments

The Edgerton

4909 W Edgerton AveGreenfield, WI 53220
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Loomis Hills
1 Bedroom Apartments

Loomis Hills

4057 S 35th StGreenfield, WI 53221
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Showing Results 1-44, Page 1 of 1

Alverno, Milwaukee, WI Local Guide

Cheapest Available Alverno Apartments for Rent

 

The cheapest available apartment rental in the Alverno area of Milwaukee, WI is a 1 Bed unit found at Becher Terrace (55+) priced from $655. Colonial Manor has the second lowest priced unit, which is a 1 Bed apartment currently listed from $949. Here are the most affordable Alverno apartments for rent in Milwaukee, WI:

Apartment ListingModel NameBed/BathPriced From
Becher Terrace (55+)One Bedroom1BR,1BA$655
Colonial Manor1 Bed 1 Bath1BR,1BA$949
Greenfield Village2 BD/1 BA2BR,1BA$950
Oklahoma GardensJuniper1BR,1BA$972
Layton GroveWillow_III1BR,1BA$983
4340 W Loomis1 / 1.1BR,1BA$1,100
Layton 1900Alpha1BR,1BA$1,125
Heritage Lake Senior Apartments 55+Two Bedroom Deluxe2BR,2BA$1,140

Best Value Apartments for Rent in Alverno, WI

As of March 06, 2025 the best value apartment in the Alverno area is the $1.08 price per square foot 1314 W Hayes Ave Model at 1314 W Hayes Ave, Unit UPPER in the in the Near South Side neighborhood starting from $1,400. The second greatest value Alverno apartment is the Two Bedroom Deluxe Model at Heritage Lake Senior Apartments 55+ starting at $1,140 with a $1.08 price per square foot in the Gra-Ram neighborhood. Here is today’s list of the best values for Alverno apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1314 W Hayes Ave, Unit UPPER1314 W Hayes Ave4BR,1BA$1.08
Heritage Lake Senior Apartments 55+Two Bedroom Deluxe2BR,2BA$1.08
2064 S 13th St, Unit 42064 S 13th St2BR,1BA$1.10
3069 S 36th St, Unit 2 bed3069 S 36th St2BR,1BA$1.20
Ravinia ApartmentsRegency2BR,2BA$1.53
The Alexander Lofts4112BR,1BA$1.47
Greenfield Village2 BD/1 BA2BR,1BA$1.13
Becher Terrace (55+)One Bedroom1BR,1BA$0.94
Colonial Manor1 Bed 1 Bath1BR,1BA$1.40
4586 S 14th St, Unit 34586 S 14th St1BR,1BA$1.56

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Alverno, Milwaukee, WI

Ranked #122

Among neighborhoods in Milwaukee, WI for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals in metropolitan areas across the United States and customized analysis for Southern Milwaukee. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for proximity to parks, luxury housing options, transit availability, pet-friendly communities, features that make it easier to raise kids, and much more. These search options are in the site filters at the top of this page.

Getting Around the Alverno Neighborhood in Milwaukee, WI

Walk Score®

48 / 100

Car-Dependent

Most errands require a car

Bike Score®

45 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

45 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Alverno Apartments

How much is rent for a Cheap One Bedroom Alverno Apartment?

The lowest price for a Cheap One Bedroom Alverno Apartment is $655 at Becher Terrace (55+).

What is the lowest price for a Cheap Two Bedroom Alverno Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Alverno is starting from $775 at Becher Terrace (55+).

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.