
Cheap Apartments for Rent in the Alverno Neighborhood of Milwaukee, WI from $500 (43 Rentals)
Cheap Apartments in the Alverno area of Milwaukee.


2509 W Becher St

3270 S 49th St

4820 W Forest Home Ave

Forest Arms Apartments

English Meadows Apartment Homes

Southport Apartments

Alverno Pool Apartments

7328 W Honey Creek Dr
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Heritage Village Apartments

Greenfield Village
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3811 S 35th St

6151 W Cold Spring Rd

Heritage Lake Senior Apartments 55+

American Colony

48 on Cold Spring

Howard Garden Apartments

Greenbrook Apartments
Alverno, Milwaukee, WI Local Guide

How much does it cost to rent an apartment in Alverno?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Alverno Studio Apartments | $1,196 | $934 | $1,350 |
Alverno 1 Bedroom Apartments | $1,291 | $725 | $3,053 |
Alverno 2 Bedroom Apartments | $1,639 | $850 | $3,000 |
Alverno 3 Bedroom Apartments | $1,375 | $1,300 | $1,450 |
Browse Apartments in this Neighborhood
There are currently 43 rentals with your search options within a 2 mile radius of the Alverno Neighborhood of Milwaukee, WI.
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Alverno, Milwaukee, WI Local Guide
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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. Honey Creek Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $925. Here are the most affordable Alverno apartments for rent in Milwaukee, WI:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Becher Terrace (55+) | One Bedroom | 1BR,1BA | $655 |
Honey Creek Apartments | 1BR/1BA | 1BR,1BA | $925 |
English Meadows Apartment Homes | Studio | Studio,1BA | $934 |
4340 W Loomis | 1 / 1. | 1BR,1BA | $1,025 |
Oklahoma Gardens | Juniper | 1BR,1BA | $1,026 |
51st Street 8 Families | 2BR/1.0BA | 2BR,1BA | $1,050 |
Oklahoma Manor | Madison | 1BR,1BA | $1,055 |
48 on Cold Spring | One Bedroom | 1BR,1BA | $1,075 |
Greenbrook Apartments | One Bedroom One Bath | 1BR,1BA | $1,100 |
American Colony | Sandstone | 1BR,1BA | $1,118 |
Best Value Apartments for Rent in Alverno, WI
As of May 02, 2025 the best value apartment in the Alverno area is the $1.54 price per square foot Aberdeen Model at Ravinia in the in the White Manor neighborhood starting from $1,841. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Ravinia | Aberdeen | 2BR,2BA | $1.54 |
Heritage Lake Senior Apartments 55+ | Two Bedroom Deluxe | 2BR,2BA | $1.08 |
3069 S 36th St, Unit 2 bed | 3069 S 36th St | 2BR,1BA | $1.20 |
2977 S 43rd St, Unit Lower | 2977 S 43rd St | 2BR,1BA | $1.13 |
Honey Creek Apartments | 1BR/1BA | 1BR,1BA | $1.06 |
Tuckaway Heights Apartments | Two Bedroom Deluxe | 2BR,1BA | $1.55 |
Greenbrook Apartments | One Bedroom One Bath | 1BR,1BA | $1.38 |
51st Street 8 Families | 2BR/1.0BA | 2BR,1BA | $1.31 |
48 on Cold Spring | One Bedroom | 1BR,1BA | $1.43 |
Becher Terrace (55+) | One Bedroom | 1BR,1BA | $0.94 |
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Pet Friendly LifestyleAlverno, Milwaukee, WI
Ranked #138
Among neighborhoods in Milwaukee, WI for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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
What is the price of a cheap apartment in Alverno?
The cheapest apartment in Alverno is Becher Terrace (55+) which is listed at $655, while the average apartment in Alverno costs $1,403.
What types of apartments are the cheapest in Alverno?
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 7 regular apartments in Alverno that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.

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.

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