
Cheap Apartments for Rent in the Downtown Milwaukee Neighborhood of Milwaukee, WI from $400 (358 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Milwaukee area of Milwaukee.


700 Lofts

Fairmount Apartments

Buckingham Apartments

The Astor Hotel Apartments

Humboldt Apartments
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Maryland Arms Apartments

East Park Apartments

The Shorecrest

Harborside Apartments

Royal Plaza Apartments

Edgeview Apartments

1130 W Juneau Ave

1305 N Milwaukee St
Check Out Milwaukee’s Best Affordable Neighborhoods
Learn about Milwaukee and the best places to live with original content written by our Local Expert Tim Brown

328 E Knapp St

Edgewater Apartments

Cumberland Apartments

London House

2944 N 7th St, Unit 2944A N 7th St. Upper

1041 E Knapp St

2218 N Summit Ave
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2457 N 1st St, Unit front back

Carillon Apartments

Juneau Village Garden Apartments

Riverwalk

Prospective

The Empire Building

Maryland Park Apartments

904 E Center St

2943 N Holton St

2495 N Maryland Ave, Unit Attic

2867 N Fratney St

815 E Locust St

Riverside Lofts

Michigan Street Commons

Birch Tree Court

3004 N Bremen St

Webster Terrace II

Prospect East Apartments

Oakland Manor

2637 N Cramer St
Downtown Milwaukee, Milwaukee, WI Local Guide

How much does it cost to rent an apartment in Downtown Milwaukee?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Milwaukee Studio Apartments | $1,309 | $695 | $2,581 |
Downtown Milwaukee 1 Bedroom Apartments | $1,834 | $525 | $4,012 |
Downtown Milwaukee 2 Bedroom Apartments | $2,623 | $870 | $10,000+ |
Downtown Milwaukee 3 Bedroom Apartments | $3,523 | $549 | $10,000+ |
Downtown Milwaukee 4 Bedroom Apartments | $2,496 | $1,850 | $6,000 |
Browse Apartments in this Neighborhood
There are currently 358 rentals with your search options within a 1 mile radius of the Downtown Milwaukee Neighborhood of Milwaukee, WI.
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Downtown Milwaukee, Milwaukee, WI Local Guide
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Cheapest Available Downtown Milwaukee Apartments for Rent
 The cheapest available apartment rental in the Downtown Milwaukee area of Milwaukee, WI is a 1 Bed unit found at The Residences at ThriveOn King priced from $525. Colonial Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $595. Here are the most affordable Downtown Milwaukee apartments for rent in Milwaukee, WI:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Residences at ThriveOn King | One Bedroom Loft | 1BR,1BA | $525 |
Colonial Apartments | Studio *Standard | Studio,1BA | $595 |
Edgewater East | One Bedroom | 1BR,1BA | $680 |
Buckingham Apartments | Small Studio | Studio,1BA | $695 |
Fairmount Apartments | Efficiency | Studio,1BA | $695 |
The Astor Hotel Apartments | Efficiency Studio | Studio,1BA | $700 |
1417 N. Prospect Avenue | 1417 Studios | Studio,1BA | $775 |
Brewer's Hill | Studio | Studio,1BA | $775 |
1503-15 E Kane Pl | Corner Studio | Studio,1BA | $775 |
Lakeside Apartments | Studio Remodled | Studio,1BA | $815 |
Best Value Apartments for Rent in Downtown Milwaukee, WI
As of May 10, 2025 the best value apartment in the Downtown Milwaukee area is the $0.67 price per square foot 709 E Brady St Model at 709 E Brady St, Unit 1 in the in the Haymarket neighborhood starting from $1,200. The second greatest value Downtown Milwaukee apartment is the 2457 N 1st St Model at 2457 N 1st St, Unit front back starting at $900 with a $0.60 price per square foot in the Haymarket neighborhood. Here is today’s list of the best values for Downtown Milwaukee apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
709 E Brady St, Unit 1 | 709 E Brady St | 3BR,1BA | $0.67 |
2457 N 1st St, Unit front back | 2457 N 1st St | 1BR,1BA | $0.60 |
1337 E Brady St, Unit 1337 E. Brady upper | 1337 E Brady St | 3BR,1BA | $1.25 |
Oakland Manor | 2 Bedroom 1 Bath | 2BR,1BA | $1.04 |
Summerfield | 1 Bed / 1 Bath + Den | 1BR,1BA | $1.16 |
3015 N Dr William Finlayson St, Unit 3015 Lower | 3015 N Dr William Finlayson St | 3BR,1BA | $1.00 |
2944 N 7th St, Unit 2944A N 7th St. Upper | 2944 N 7th St | 2BR,1BA | $0.90 |
718 E Pearson St, Unit 2 bedroom Rear Lower | 718 E Pearson St | 2BR,1BA | $1.10 |
610 W Wisconsin Ave, Unit 24 | 610 W Wisconsin Ave | 1BR,1BA | $1.24 |
2911 N 9th St, Unit 2911-A | 2911 N 9th St | 2BR,1BA | $1.09 |
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Pet Friendly LifestyleDowntown Milwaukee, Milwaukee, WI
Ranked #1
Among neighborhoods in Milwaukee, WI for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Downtown Milwaukee, Milwaukee, WI
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in metropolitan areas across the United States, including 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 searching for the best amenities, and outdoor amenities like tennis courts, kid and pet-friendly communities, availability of transit options, and much more. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Downtown Milwaukee Apartments
What is a cheap apartment in Downtown Milwaukee?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Milwaukee is under $815.
What is the price of a cheap apartment in Downtown Milwaukee?
The cheapest apartment in Downtown Milwaukee is The Residences at ThriveOn King which is listed at $525, while the average apartment in Downtown Milwaukee costs $2,295.
What types of apartments are the cheapest in Downtown Milwaukee?
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 22 regular apartments in Downtown Milwaukee that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Downtown Milwaukee?
Cheap apartments in Downtown Milwaukee have an average cost of $145 which is $2,150 cheaper than the average rent for all rentals in Downtown Milwaukee.
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
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.

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