
Cheap Homes for Rent in Downtown Milwaukee Neighborhood of Milwaukee, WI from $900 (13 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Milwaukee area of Milwaukee.


2867 N Fratney St

717 Pearson Street, Unit upstairs

2438 N 1st St

2457 N 1st St, Unit upper front

2436 N 1st 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

1695 N Cass St

904 E Pearson St

3062 N Oakland Ave, Unit Upper unit

2576 N Pierce St

2957 N Richards St

705 E Center St
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

2372 -2374 N Humboldt Blvd, Unit Lower Unit
Downtown Milwaukee, Milwaukee, WI Local Guide

How much does it cost to rent a home in Downtown Milwaukee?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Milwaukee 2 Bedroom Homes for Rent | $1,765 | $900 | $2,800 |
Downtown Milwaukee 3 Bedroom Homes for Rent | $2,066 | $1,695 | $3,495 |
Downtown Milwaukee 4 Bedroom Homes for Rent | $2,165 | $1,445 | $2,595 |
Downtown Milwaukee 5 Bedroom Homes for Rent | $3,228 | $3,195 | $3,295 |
Downtown Milwaukee 6 Bedroom Homes for Rent | $2,595 | $2,595 | $2,595 |
Browse Homes for Rent in this Neighborhood
There are currently 13 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 $438. Edgewater East has the second lowest priced unit, which is a 1 Bed apartment currently listed from $680. 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 | $438 |
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 |
Best Value Apartments for Rent in Downtown Milwaukee, WI
As of April 26, 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 |
City Hall Square Apartments | 2 BR/ 1 BA **Section 42/ 60% Available Now | 2BR,1BA | $1.03 |
3015 N Dr William Finlayson St, Unit 3015 Lower | 3015 N Dr William Finlayson St | 3BR,1BA | $1.00 |
2967 N Richards St, Unit Upper Duplex | 2967 N Richards St | 4BR,1BA | $1.23 |
1695 N Cass St, Unit Lower Duplex Unit | 1695 N Cass St | 1BR,1BA | $1.20 |
718 E Pearson St, Unit 2 bedroom Rear Lower | 718 E Pearson St | 2BR,1BA | $1.10 |
Michigan Street Commons | 2/2 | 2BR,2BA | $1.25 |
2911 N 9th St, Unit 2911-A | 2911 N 9th St | 2BR,1BA | $1.09 |
Edgewater East | One Bedroom | 1BR,1BA | $1.27 |
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Frequently Asked Questions about Downtown Milwaukee
What type of rentals are currently available in Downtown Milwaukee?
There are currently 926 Apartments for Rent in Downtown Milwaukee, WI with pricing that ranges from $438 to $15,000. There are also 57 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Milwaukee ranging from $900 to $3,495.
What is the current price range for Rental Homes in Downtown Milwaukee?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Milwaukee ranges from $900 to $3,495 with an average monthly rent of $2,067.
How much are larger Three and Four Bedroom Rentals in Downtown Milwaukee?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Milwaukee range from $549 to $15,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,695 to $3,495. Four Bedroom Single-Family rentals are also available starting from $1,445 and Four Bedroom Apartments start at $1,350.
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.

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.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.