Cheap Apartments for Rent in the Fernwood Neighborhood of Milwaukee, WI from $400 (23 Rentals)

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

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2892 S Delaware Ave
Studio to 1 Bedroom Apartments

2892 S Delaware Ave

2892 S Delaware AveMilwaukee, WI 53207
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Golden Domes
Studio to 1 Bedroom Apartments

Golden Domes

1620 S 6th StMilwaukee, WI 53204
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2636 S. Logan
Studio Apartments

2636 S. Logan

2636 S Logan AveMilwaukee, WI 53207
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Pinall Gardens
2 Bedroom Apartments

Pinall Gardens

4152 S Whitnall AveMilwaukee, WI 53207
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Layton Square
1 to 3 Bedroom Apartments

Layton Square

3503 E Layton AveCudahy, WI 53110
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W.G. Apartments
1 Bedroom Apartments

W.G. Apartments

2828 E Bolivar AveSt. Francis, WI 53235
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Lakeside Apartments
1 to 2 Bedroom Apartments

Lakeside Apartments

4025 S Packard StSt. Francis, WI 53235
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Lake Park Apartments
1 to 2 Bedroom Apartments

Lake Park Apartments

3729-3749 S Packard AveSt. Francis, WI 53235
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3719 E Layton Ave
1 Bedroom Apartments

3719 E Layton Ave

3719 E Layton AveCudahy, WI 53110
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Fernwood, Milwaukee, WI Local Guide

Cheapest Available Fernwood Apartments for Rent

 

The cheapest available apartment rental in the Fernwood area of Milwaukee, WI is a Studio unit found at Seaway Terrace Apartments priced from $850. Welcome Home at Plaza Four Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $949. Here are the most affordable Fernwood apartments for rent in Milwaukee, WI:

Apartment ListingModel NameBed/BathPriced From
Seaway Terrace ApartmentsStudioStudio,1BA$850
Welcome Home at Plaza Four Apartments1 Bed 1 Bath1BR,1BA$949
Buckhorn Station Apartment HomesOne Bedroom1BR,1BA$1,056
South Pine2 Bed 1 Bath2BR,1BA$1,199
Vue ApartmentsV12Studio,1BA$1,200

Best Value Apartments for Rent in Fernwood, WI

As of April 09, 2025 the best value apartment in the Fernwood area is the $1.05 price per square foot 426 E Smith St Model at 426 E Smith St, Unit 1 in the in the Clarke Square neighborhood starting from $1,575. The second greatest value Fernwood apartment is the 428 E Dover St Model at 428 E Dover St, Unit UPPER starting at $1,625 with a $1.25 price per square foot in the Southeast Side neighborhood. Here is today’s list of the best values for Fernwood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
426 E Smith St, Unit 1426 E Smith St3BR,1BA$1.05
428 E Dover St, Unit UPPER428 E Dover St3BR,1BA$1.25
2242 S Robinson Ave, Unit LOWER2242 S Robinson Ave3BR,1BA$1.44
907 E Russell Ave, Unit 1907 E Russell Ave2BR,1BA$1.35
323 E Rosedale Ave, Unit LOWER323 E Rosedale Ave2BR,1BA$1.61
Buckhorn Station Apartment HomesOne Bedroom1BR,1BA$1.19
South Pine2 Bed 1 Bath2BR,1BA$1.41
2132 S Allis St, Unit UPPER2132 S Allis St1BR,1BA$1.60
Welcome Home at Plaza Four Apartments1 Bed 1 Bath1BR,1BA$1.54
2567 S Logan Ave, Unit Upper apartment2567 S Logan Ave1BR,1BA$1.56

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Fernwood, Milwaukee, WI

Ranked #53

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 our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in areas across the United States including Fernwood, Milwaukee, and the greater Milwaukee area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including rankings of the best places for convenient access to the outdoors, luxury amenities, kid and pet-friendly communities, availability of transit options, and more. These search options are in the site filters at the top of this page.

Getting Around the Fernwood Neighborhood in Milwaukee, WI

Walk Score®

74 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

75 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

42 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Fernwood Apartments

What is a cheap apartment in Fernwood?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Fernwood is under $1,350.

What is the price of a cheap apartment in Fernwood?

The cheapest apartment in Fernwood is Seaway Terrace Apartments which is listed at $925, while the average apartment in Fernwood costs $3,500.

What types of apartments are the cheapest in Fernwood?

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 2 regular apartments in Fernwood 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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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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.